Mining , still worth it?

[senseless]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

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[m.vina]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

The problem is $20+/day at $1 electrical cost at today's current situation is a very debatable claim. If you'd like, i'm offering you the chance to PM the details of what you are mining and i can guarantee to vouch for you if it checks out. I will stake my account and swear that I will never tell anyone else about it.

Interested?

[senseless]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

The problem is $20+/day at $1 electrical cost at today's current situation is a very debatable claim. If you'd like, i'm offering you the chance to PM the details of what you are mining and i can guarantee to vouch for you if it checks out. I will stake my account and swear that I will never tell anyone else about it.

Interested?

How is it in my interest to do those things? I don't care if anyone believes it. Go buy some more gpus and asics 

[dimpsk]

If you are looking for a reliable facility to host your miners we have space available. Send us your requirements here, https://www.miningdx.com.

Mining doesnot worth it so there is no need for new facility

Learn to speak English.

Doesnot  matter, there is a lot of dialects here. Better don't mistake the imaginary earnings for reality losses anymore  

Not really imaginary.  If I cash out my mining earnings for the month of March right now @ $6775 btc, I would get $1239.60.  My electricity for the month was around $400.  Now go IMAGINE that you grew a brain.  

Your imagination is really great especially for those who can count $0.4 per day profit from one GPU NVIDIA 1070 for example

I can't figure you out.  You've either never mined before and are just comparing current daily profit with overpriced gpu's (which I never bought, by the way) or you tried mining and got burnt by over paying for gpu's, and now you're hopeless.  To be honest the latter is just about the same as the crowd who straight up purchased btc with fiat at it's ATH in December.  All of those guys are salty too.  Lol.  My mining farm is doiфыeng just fine, but thanks for the concern.

The math that you're calculating isn't set in stone.  It's a variable that changes very frequently.  Exactly why I provided numbers that were over the course of an entire month. 

From the way that you talk, I don't think you've been around very long, so I can understand your point of view.  If I were looking to get into gpu mining right now or any time in the past few months, I wouldn't do it.  The reason that I have the opinion that I do is because if you would have purchased reasonably priced gpu's last year and rode the upturn of the market for a while, you would feel much better about the situation. 

I'm mining, I'm trading, I'm buying just to hold ... Adjust your strategy and portfolio based on what is best for you.  Or if you don't believe in crypto, get the fuck out, and go trade something else.  Not sure what else to tell you.

I have a real good farm, i have a calculator and I can count  in contrast to you. The eastimation is connected to ETH mining (most profitable now and could be verificated easily)

[dimpsk]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

Than ASICs mining is more profitable now

[QuintLeo]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

Activity isn't a measure of post COUNT - it is a measure of how many weeks in a row you've made at least one post.
I find the claim of $20+ a day per $1 in electric usage hard to believe, even if you're in one of the 2 counties "next door" to me where electric is available for 3c/KWH or a hair less even for for small miners.
$10 to $1 ratio, sure with a well optimized rig, but I don't see any way RIGHT NOW to get to $20 to $1.

A month ago, $20 to $1 would have been believable.

[gwestcot]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

Activity isn't a measure of post COUNT - it is a measure of how many weeks in a row you've made at least one post.
I find the claim of $20+ a day per $1 in electric usage hard to believe, even if you're in one of the 2 counties "next door" to me where electric is available for 3c/KWH or a hair less even for for small miners.
$10 to $1 ratio, sure with a well optimized rig, but I don't see any way RIGHT NOW to get to $20 to $1.

A month ago, $20 to $1 would have been believable.

Ya the 1 dollar part is completely unbelievable.

[gotminer]

If you are looking for a reliable facility to host your miners we have space available. Send us your requirements here, https://www.miningdx.com.

Mining doesnot worth it so there is no need for new facility

Learn to speak English.

Doesnot  matter, there is a lot of dialects here. Better don't mistake the imaginary earnings for reality losses anymore  

Not really imaginary.  If I cash out my mining earnings for the month of March right now @ $6775 btc, I would get $1239.60.  My electricity for the month was around $400.  Now go IMAGINE that you grew a brain.  

Your imagination is really great especially for those who can count $0.4 per day profit from one GPU NVIDIA 1070 for example

I can't figure you out.  You've either never mined before and are just comparing current daily profit with overpriced gpu's (which I never bought, by the way) or you tried mining and got burnt by over paying for gpu's, and now you're hopeless.  To be honest the latter is just about the same as the crowd who straight up purchased btc with fiat at it's ATH in December.  All of those guys are salty too.  Lol.  My mining farm is doiфыeng just fine, but thanks for the concern.

The math that you're calculating isn't set in stone.  It's a variable that changes very frequently.  Exactly why I provided numbers that were over the course of an entire month. 

From the way that you talk, I don't think you've been around very long, so I can understand your point of view.  If I were looking to get into gpu mining right now or any time in the past few months, I wouldn't do it.  The reason that I have the opinion that I do is because if you would have purchased reasonably priced gpu's last year and rode the upturn of the market for a while, you would feel much better about the situation. 

I'm mining, I'm trading, I'm buying just to hold ... Adjust your strategy and portfolio based on what is best for you.  Or if you don't believe in crypto, get the fuck out, and go trade something else.  Not sure what else to tell you.

I have a real good farm, i have a calculator and I can count  in contrast to you. The eastimation is connected to ETH mining (most profitable now and could be verificated easily)

You must be farming corn and potatoes.

[NateDoggETH]

I still think it is worth it. depends on your strategy though.

I checked my pool address just now and I am expecting 1.9 ETH a month (went up by .09) and I pay $230 for unlimited electricity for my house. I know this number can fluctuate based off of difficulty.

I am not worried about the price per ETH at this moment because I am still making close to $800/month at todays prices. I am mostly mining for the coins at this point though. I am looking for a big jump on prices throughout the year and will sell at that time.

What kind of setup do you have to make 1.9 ETH / month?

I have 5 complete rigs with 6 cards on each (AMD rigs 570 & 580 4gb and 8gb) and a "test rig" that has 2 GTX 1070s on it right now. Total cards is 32. I have 1 card being RMA currently (XFX 570 4gb) and when its replaced ill be back at 33 cards.

I have unlimited electricity for a flat fee at my house ($230+tax). 

[senseless]

Yes, mining is still worth it. You just need to be better than the average joe.

How can you be better than the average joe when it's all about hardwares and stuffs? Do you mean that one should have resources which they can able to buy those things that they need? I'm at 50/50 point when it comes to mining, especially that there is a scarcity in GPU's. Wish that I can turn back the clock and never invest into ICO's or trading new coins. I was able to purchase 3x 1080 Ti's when it was cheaper @ $1k/unit and put half of my investment to those things that I mentioned. If you have faith in what you do and have a better decision capacity than I am, mining will still be profitable.

If I said, everyone would be doing it. I'm at $20+/day still at less than $1/day electrical cost even with bitcoin at $6750 and crashing markets. I'm trying to get my post count up to legendary and I really hate to post these things. But it's agonizing watching people make stupid decisions.

Activity isn't a measure of post COUNT - it is a measure of how many weeks in a row you've made at least one post.
I find the claim of $20+ a day per $1 in electric usage hard to believe, even if you're in one of the 2 counties "next door" to me where electric is available for 3c/KWH or a hair less even for for small miners.
$10 to $1 ratio, sure with a well optimized rig, but I don't see any way RIGHT NOW to get to $20 to $1.

A month ago, $20 to $1 would have been believable.

Ya, and my account is 7 years old... Everytime i post my activity goes up too.. Another 100 posts and I'm legendary...

[QuintLeo]

Activity isn't a measure of post COUNT - it is a measure of how many weeks in a row you've made at least one post.

Ya, and my account is 7 years old... Everytime i post my activity goes up too.. Another 100 posts and I'm legendary...

I was misremembering details, but it's not "post count" that determines activity as such, it's "consistent posting" that does.

https://bitcointalk.org/index.php?topic=2658590.0

[GlobalLotteryToken]

Hi all

for me personal,
Litecoin does good mining income.

i would recommend mining Litecoin.

greetings.

GLT.

[senseless]

Activity isn't a measure of post COUNT - it is a measure of how many weeks in a row you've made at least one post.

Ya, and my account is 7 years old... Everytime i post my activity goes up too.. Another 100 posts and I'm legendary...

I was misremembering details, but it's not "post count" that determines activity as such, it's "consistent posting" that does.

https://bitcointalk.org/index.php?topic=2658590.0

Apparently when your account is this old every post counts toward activity... As, everytime i post my postcount and activity go up. The numbers are identical. It should activate in 770-1000 range. Quite a few posts to go.

Anyway, there are a lot of assumptions being made here that aren't true which is why you can't fathom how I can do $20/day at $1/day cost. It's very profitable to mine as long as you're not doing the same thing as everyone else.

[QuintLeo]

If you look at my stats, post count is a LOT higher than activity.

[senseless]

If you look at my stats, post count is a LOT higher than activity.

Sorry, I don't have that much to say 

[2alt]

I made $90 today off a sub $1 electric cost.

No joke.

I wish I could tell you how but then people will start to figure it out and cut into my profits.

[leonix007]

I made $90 today off a sub $1 electric cost.

No joke.

I wish I could tell you how but then people will start to figure it out and cut into my profits.

Let me guess

You mined low diff coin

you have a lot of bag coins for the day

suddenly price goes up

earn $$ in an instant

that's everybodys tellin about.. not relying what you see on calculators

[2alt]

Close. But no

[togoshigekata]

Depends how much risk you are willing to take.

Mining is less risky, because youre investing into computer hardware that mostly maintains its re-sale value

Its always been my opinion that its easier to invest into a coin you believe in, then to buy, setup and maintain miners.

Mining does support the strength of the network and keeps another copy of the blockchain,
so as an investor its probably in your best interest to help support that for the coins you believe in.

One of the main goals of a miners is to have the worth of the coins mined be higher than the cost of electricity to mine them.
So that way a profit is being made.

I think mining is still totally worth it
Id start with a CPU ONLY coin like BiblePay

[dimpsk]

Depends how much risk you are willing to take.

Mining is less risky, because youre investing into computer hardware that mostly maintains its re-sale value

Its always been my opinion that its easier to invest into a coin you believe in, then to buy, setup and maintain miners.

Mining does support the strength of the network and keeps another copy of the blockchain,
so as an investor its probably in your best interest to help support that for the coins you believe in.

One of the main goals of a miners is to have the worth of the coins mined be higher than the cost of electricity to mine them.
So that way a profit is being made.

I think mining is still totally worth it
Id start with a CPU ONLY coin like BiblePay

Totally worth  it
Of course no.
But somehow somewere may be ... Depends on many conditions.