Is GPU Mining Still Profitable? Should YOU Build a Mining Rig? GPU Mining Dead?

[VoskCoin]

https://youtu.be/tEhpZTtTvY0


Is GPU Mining still profitable and if so should YOU Build a Crypto Mining Rig? Or is GPU Mining DEAD?! Today I discuss some of the graphics cards that you can still buy in this GPU shortage and at the current in stock retail prices will you hope to with an Nvidia 1050 TI / 1070 TI /1080 TI etc Mining Rig? Let's find out and see just how much my 26500 sols made in the last 24 hours / week mining ZenCash (Equihash like Zcash)

Interested in building the 1050 TI GPU Mining Rig discussed?
Nvidia 1050 TI (6x)
http://amzn.to/2GMkBBx

Full parts list in the description of the video, VoskCoin is an Amazon Affiliate

[Turkish88]

Yes its alive, look at RX550 2gb cards

[ivakar]

Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

[lunobird]

Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

[Marvell2]

Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

lol youre right about the vacation think lol
I mean u can go but only if you have a tool like srr

[Geraldo]

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

In Crypto-Mining Industry, losers refer to a failed miner. Miners that can't improve their mining technical skill and then give up.

[jillscarbrough]

Mining is for losers. Best to buy coins especially now while prices are depressed

Lol
you indirectly say that you are a hero, a winner and even you are the smartest person. Would like to give you a merit if your calculations match my calculations. the reality, I'm every 1 month can buying one new GPUs from the profit the mining after electricity cost. maybe I false on calculate.

[skymia]

An other option is to donating your GPU computing power (and get MEDIC coins rewards) to support protein folding at home project of Stanford University through MEDIC Coin's folding at home initiative.
https://bitcointalk.org/index.php?topic=2753447.0

[Fgomes87]

An other option is to donating your GPU computing power (and get MEDIC coins rewards) to support protein folding at home project of Stanford University through MEDIC Coin's folding at home initiative.
https://bitcointalk.org/index.php?topic=2753447.0

Why the hell are you spamming your MEDIC coins all over the forum?

Create your own thread and spam it there???...
That's what normal people would do.

[Ultegra134]

GPU mining is still profitable, however, it's not as profitable as it used to be. I was earning much more daily a month  ago than I am right now.

 Still using Nicehash Legacy as mining software, my calculations have shown that it's more profitable than using Claymore and mining an Equihash related coin.

[philipma1957]

If mining drops 50% I still turn a profit  so I mine on.

[oni4an]

If for you this new direction then build a farm on Nvidia cards starting with the GTX 1060, if there is no rx580. Mining will still be profitable for more than one year! And with the growth of cryptocurrency courses you can recoup the soybean investment for a month.

[jpucela14]

https://youtu.be/tEhpZTtTvY0


Is GPU Mining still profitable and if so should YOU Build a Crypto Mining Rig? Or is GPU Mining DEAD?! Today I discuss some of the graphics cards that you can still buy in this GPU shortage and at the current in stock retail prices will you hope to with an Nvidia 1050 TI / 1070 TI /1080 TI etc Mining Rig? Let's find out and see just how much my 26500 sols made in the last 24 hours / week mining ZenCash (Equihash like Zcash)

Interested in building the 1050 TI GPU Mining Rig discussed?
Nvidia 1050 TI (6x)
http://amzn.to/2GMkBBx

Full parts list in the description of the video, VoskCoin is an Amazon Affiliate and you support our posts, threads, and videos by using our links!

Depends strongly on what you want to mine. I only mine coins with much upside potential, like AEON or similar.

[CryptoJoel]

For profitability, do you guys recommend a software like awesome miner or should I just pick a fairly profitable coin that I like and let my machines go to work?

[Iannn]

It is still profitable probably but depends on what your time frame and goals and stuff are.  If you are in it just for the money it might be better to go do something else.  It is not a sure thing.  But yes GPU's have gone up a lot.  New 1070's are not $400 anymore.  Or 1070ti's $500 and so on.  Right now if you can get your hands on "reasonably" prices GTX 1060's those are probably going to be the best bang for the buck. 

But once you actually get mining if thats what you do who knows.  It is for sure a gamble.  But you could be mining coins now that are 5 cents and they could go up to $10 or whatever.   

[Digital Drug Lord]

gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job

[jillscarbrough]

gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job

I Want to know a view of someone (maybe you are miner), are you didn't get any profit from mining? Are you really a miner? Or you just say something that you didn't do? Sorry, no offense. I am a miner and till now still get enough profit every days, weeks, month. May something wrong with your way to mining.

[allcryptominer]

gone are the days people were making $15 a day with a card

now, the market is leveled out to a realistic level, but the video card prices have not dropped.

its not worth getting a 1080ti to barley get 2 dollars a day....and it will only get worse, to where you need rigs to make money.

its NOT profitable its a good hobby but dont quit your day job

I Want to know a view of someone (maybe you are miner), are you didn't get any profit from mining? Are you really a miner? Or you just say something that you didn't do? Sorry, no offense. I am a miner and till now still get enough profit every days, weeks, month. May something wrong with your way to mining.

It is still profitable to mine but for some of us who pay 0.25 cent per kilowatt it's not much meat left on the bones after expenses to keep me really motivated as a miner. This can change very fast though in crypto if market goes up. I will continue mining with what I got until my cards stops working but I will not upgrade.

[FFI2013]

Yes, it is alive, if build your rig with gtx 1070ti ( which is very balanced with it features, imho) you can get about 3-4 $ per card depend on the coin and difficulity..
So I guess the current ROI time is about 6 month which is rather ok...

Not true. Half that amount according to whattomine. Below $1.83 after electric or $2.26 before electric cost for zcash. Plus irs taxes it as income right away and also later if you cash out further gains later. It's about $1 a day per gpu. Not worth baby sitting your rig . Mining is for losers. Best to buy coins especially now while prices are depressed

I mine and what a dumb mistake, I can't even go on vacation. Only good thing is that gpu went up in value. So far that's where the real money is at.

I don't know I make money not a lot I'm not a big miner but I only cash out when needed or when the price is up and as far as rigs mine have been running stable for months I have bat files setup to start with my miners and all rigs are set to start if the power goes out than back on which hardly happens I also have remote desktop setup if there's internet where I am I can change shit if I want you have to overclock and under volt just enough when you push it to much than they crash

[jillscarbrough]

It is still profitable to mine but for some of us who pay 0.25 cent per kilowatt it's not much meat left on the bones after expenses to keep me really motivated as a miner. This can change very fast though in crypto if market goes up. I will continue mining with what I got until my cards stops working but I will not upgrade.

Will be more understandable when someone said not profitable to do mining and gave us their reasons. So, one of the reasons someone told that mining didn't become profitable anymore is electricity cost (dependent on which areas). Acceptable!