Can regular people mine anymore

[platzdubble]

Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero

[Philopolymath]

NO !
Mining is strictly for fools suckers and idiot pipe dreamers

[TheronB]

A simple gaming PC with one or two GPUs can still easily pay for itself in under two years, which is a nice upgrade cycle for a gamer, so I think mining is still worthwhile for the average gamer.  Just mining on Nicehash and getting a few dollars of BTC a day could be a decent payoff if/when BTC explodes again.  I'm not sure about CPU only mining with a simple office WP-centric PC would pan out, but someone here can probably chime in.

[Agozyen]

If you can identify coins that have not yet launched you might be able to start mining them before too many people start.  It's situational but you might be able to earn some money if you research and stay ahead of the curve.

[Intutan]

Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero

I think the Monero is less profitable to mine than the ETH at present.

[jerrimu]

Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero

Dero Hash Rate: 720.40 MH/sec

[jerrimu]

lol I am normal and hobby mine with 16 gpu just add with the profits as you go. but then i have no electric cost living in a windy island has some upsides

 
16!? Why not asic at that price?

[hrdrok]

Did a blog post about it. Some napkin math in there as well.
https://bitorok.com/2018/05/21/interested-is-getting-into-crypto-mining-prices-and-stock-are-getting-better/

It's just my opinion though.

[Etherion]

no. as CPU/GPU are screwed. Soon it will not matter if coins fork away from Asic as we will have reprogrammable miners from Bitmain that can mine any coin.

[jerrimu]

no. as CPU/GPU are screwed. Soon it will not matter if coins fork away from Asic as we will have reprogrammable miners from Bitmain that can mine any coin.

 Another way to look at it is that baikal n is only $450 now.

[meusyou]

I only mine those coins with Mining App. One of such presently is electroneum, I mine with my phone though.

[BTC22]

I dont get why I see these threads over and over. Im pulling almost $30 a day ETH or 600 + RVN coins. 12 cards. 5 RX 580 Saphire Nitro + Special Edition, 5 EVAG 1080's, 1 EVAG 1080 ti FTW3 and one MSI 1070ti

[jmigdlc99]

I dont get why I see these threads over and over. Im pulling almost $30 a day ETH or 600 + RVN coins. 12 cards. 5 RX 580 Saphire Nitro + Special Edition, 5 EVAG 1080's, 1 EVAG 1080 ti FTW3 and one MSI 1070ti

$30 a day with ETH those 12 GPUs? Sure you are.. I highly doubt it.

Anyway what you need to consider is not TODAY but the NEXT MONTH (June) because that is when the first batch of Z9 ASICs arrive and that is probably also when NVIDIA may announce the new series of 1100 GPUs. Z9 ASICs will reduce profitability and new GPUs will surely reduce the value of your old GPUs.

Add to that the threat of Ethereum switching from POW to POS, then you have a massive shit storm coming to miners. Probably not a good idea to start mining right now.

[Suslived]

Regular people are still mining - they're just mining Monero, Masari, Nerva, or Dero

But are they really mining those? Did some calculations on the profitability of these coins, they still seem to be shit though. I'd rather mine Monero and not risk the coin's value going to shit like these little unknown coins you mentioned. Or am i missing something?

[blackenedvoodoo]

I dont get why I see these threads over and over. Im pulling almost $30 a day ETH or 600 + RVN coins. 12 cards. 5 RX 580 Saphire Nitro + Special Edition, 5 EVAG 1080's, 1 EVAG 1080 ti FTW3 and one MSI 1070ti

$30 a day with ETH those 12 GPUs? Sure you are.. I highly doubt it.

Anyway what you need to consider is not TODAY but the NEXT MONTH (June) because that is when the first batch of Z9 ASICs arrive and that is probably also when NVIDIA may announce the new series of 1100 GPUs. Z9 ASICs will reduce profitability and new GPUs will surely reduce the value of your old GPUs.

Add to that the threat of Ethereum switching from POW to POS, then you have a massive shit storm coming to miners. Probably not a good idea to start mining right now.

I have 6 RX 480 and 6 1070 and I make $20 a day before electricity costs with is about 1.50 per rig ($3 total).  I started mining Jan 22 and my break even date is July 22.  You can believe what you want but the math (and the coin in my wallet) says otherwise.  You just have to do your homework.  Build as cheap as you can, and hope everything goes as planned.  1100 GPU wont be out till Q4 of this year if that and I wouldnt worry about ASCI.  There will always be coins to be mined and if CN is any example to you what happens when ASCi threatens... you just change the ALGO and ASCI goes away.  BTW If you dont think those ASCI are on line already you are fooling yourself.  Bitmain is the biggest ripoff in Crypto and fools keep throwing money at them.

[EthanB]

LOL at all these guys with 4+ GPUs saying they're normal.
 
 

I don't understand what your point is. You're making it sound like having a couple of hundred bucks makes you beyond the capability of a normal person. 4+ GPU is not unattainable to a normal person, especially if it is something you save up for or put a little time into. I have 4+ 1080TI and I'm a normal person, definitely a computer enthusiast though, don't know if that disqualifies me.

[blackenedvoodoo]

LOL at all these guys with 4+ GPUs saying they're normal.
 
 

I don't understand what your point is. You're making it sound like having a couple of hundred bucks makes you beyond the capability of a normal person. 4+ GPU is not unattainable to a normal person, especially if it is something you save up for or put a little time into. I have 4+ 1080TI and I'm a normal person, definitely a computer enthusiast though, don't know if that disqualifies me.

It is the internet.  It takes all kinds.  I have 17 GPU and I can tell you I didnt pay full price for more than half of them and about 4 I got for free.  There are all kinds of ways if your resourceful.

[jerrimu]

LOL at all these guys with 4+ GPUs saying they're normal.
 
 

I don't understand what your point is. You're making it sound like having a couple of hundred bucks makes you beyond the capability of a normal person. 4+ GPU is not unattainable to a normal person, especially if it is something you save up for or put a little time into. I have 4+ 1080TI and I'm a normal person, definitely a computer enthusiast though, don't know if that disqualifies me.

 
  This thread seemed to be comparing asic & GPU mining, and once you've spent enough for 4 or more GPU, you are as far into it as someone who bought an asic instead.   You either have a mining setup(many GPUs/ASIC) or you don't. Since most people don't have more than two(gaming) tops, I would say that you're a miner, not a regular person.  Nothing wrong with it, just saying that if you don't have some sort of a rig/asic, you can't expect to really make anything over change every few months.

[kisk]

Regular person with 66 gpus here. Seriously what makes one a non-regular person? Whether you mine with 1 card of 1k cards its still profitable atm.

[DevelopmentBank]

Regular person with 66 gpus here. Seriously what makes one a non-regular person? Whether you mine with 1 card of 1k cards its still profitable atm.

My opinion is that regular in this sense refers to gamers or casual enthusiasts who are mining with less than 13-GPUs in a single mobo at home. Anything below that and i believe they are mining inefficiently to the point that they will be the first ones to go when mining becomes unprofitable altogether.

GPU mining is now about maximizing your mining revenue while reducing your electrical costs. ASICs are great at this and unless devs do something to dennounce them, ASICs will take over the entire crypto-mining scene.