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Author Topic: I shut it down tonight boys.  (Read 5090 times)
Bulitt (OP)
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March 30, 2018, 04:49:21 AM
 #1

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4
dongamk
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March 30, 2018, 06:05:42 AM
 #2

I think Ethereum Classic is profitable.
One thing you can do is that buy antiminer f3 for ethereum and fill you bags with ethereum.
shibob
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March 30, 2018, 06:48:16 AM
 #3

I still keep mining even my electric is more expensive than yours, it's about 0.075-0.08$/kwh here. Even the ETH price is going lower, I would like to use my self budget to pay electric bill. It's a bit like gambling but I really believe in the future of ETH. Actually some of my friends still keep going with mining, they involved with mining and crypto already more than 3 years, and the interesting is they said that they ever mined BTC without any profit during the last doom day. And of course, they're rich now.
chandrarahmadewa
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March 30, 2018, 07:10:23 AM
 #4

hello my friend
I was lucky. I'm still mining ETC coins. I bought 7$ electricity to get 85 kWh, so every day I get 13$. I hope in April coin back to normal price.
  https://i.imgur.com/qNujnnV.jpg
adaseb
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March 30, 2018, 07:19:32 AM
 #5

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Trying to figure out which ancient GPUs you must be mining with not to make a profit with 0.06 kWh power.

Are you using the old Radeon 6990 to mine?
treanski
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March 30, 2018, 07:30:40 AM
Last edit: March 30, 2018, 09:33:40 AM by treanski
Merited by NeuroticFish (1)
 #6

i dont know what you guys are doing...im mining at 0,21ct(€) /kwh and earning still around 60-70% more than i pay...

one free advice the coins on whattomine are not profitable ..

Geraldo
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March 30, 2018, 08:20:59 AM
 #7

one free advice then coins on whattomine are not profitable ..

Super agree with you, buddy.

When most miner using Whattomine as a reference, and they mine the best three (above), mean that the best three would be the best three from below.
Remember guys, Coins with a lot of miners equal to coins with high Hashrate and also would increase difficulty, means this coin would be an Unprofitable coin.
Xazax310
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March 30, 2018, 09:06:59 AM
 #8

Shhhhh DONT TELL THEM THE SECRET  Grin
joboy84
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March 30, 2018, 09:36:34 AM
Last edit: March 30, 2018, 09:53:55 AM by joboy84
 #9

Yes they are profitable coins.

Just take a look here : https://coinmarketcap.com/gainers-losers/

But most times they are only profitable for a few days.

The best is to mine coins before they are listed. But this needs some research of course.
nc50lc
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March 30, 2018, 10:13:09 AM
 #10

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4
Lol, I clicked the youtube link hoping that it might be a documentation of your rig or your calculations, thinking you might gone wrong.
Anyways, this video might help you: https://www.youtube.com/watch?v=dQw4w9WgXcQ  Wink

Shhhhh DONT TELL THEM THE SECRET  Grin
The secret is, buy an ASIC.

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Geraldo
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March 30, 2018, 10:52:41 AM
 #11

Lol, I clicked the youtube link hoping that it might be a documentation of your rig or your calculations, thinking you might gone wrong.

Damn, I forgot to open OP's youtube link. So those video telling you something?

Shhhhh DONT TELL THEM THE SECRET  Grin
The secret is, buy an ASIC.

No no no, The secret is, keep to produce a lot of profit with that secret.  Shocked
daboehla
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March 30, 2018, 11:16:21 AM
 #12

If you guys are looking for a good ETC Pool, try mine www.EthTeam.com
Its PPS, means you get paid for every share Wink
Swinging Phallus
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March 30, 2018, 11:31:39 AM
 #13

Eh. I'm paying .10 and I'm pretty unphased from the market volatility. I'm looking more towards long term goals though. Things change, in the end you never know what that 0.1 of coin/tokens might be in 2-3 years
Palmerson
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March 30, 2018, 11:34:41 AM
 #14

I think Ethereum Classic is profitable.
One thing you can do is that buy antiminer f3 for ethereum and fill you bags with ethereum.
F3 does not exist. These are just the ideas of the beatmaps that may not materialize. I think Vitalik is smart enough to protect ETH from asics. Indeed now lost relevance mining but it only reinforces my confidence that mining should be only with the help of GPU. This makes it possible to distribute power not only among a large number of people but also in different countries of the world. This makes the coins more stable in such situations.

 
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Bulitt (OP)
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March 30, 2018, 05:28:39 PM
 #15

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Trying to figure out which ancient GPUs you must be mining with not to make a profit with 0.06 kWh power.

Are you using the old Radeon 6990 to mine?

Hah you're pretty close. I have zero initial investment because precisely that fact, its made with my old gaming cards. HD 6950 1GB and R9 270X 2GB. The R9 270X alone is also not profitable.
nsummy
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March 30, 2018, 05:55:17 PM
 #16

I hope you also got drunk and punched your mirror:  https://www.youtube.com/watch?v=ntPHFVWDIqM

lunobird
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March 30, 2018, 06:13:03 PM
 #17

We had a good run folks,  Fun while it lasted,  Looks like we all gota get back on focus with our normal grind day jobs.

Keelhaul
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March 30, 2018, 06:42:25 PM
 #18

I pay $0.05 per kW and it costs me 20% from what I earn off mining. Just like it was a year ago before the april ethreum pump.
Lieldoryn
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March 30, 2018, 06:45:23 PM
 #19

i dont know what you guys are doing...im mining at 0,21ct(€) /kwh and earning still around 60-70% more than i pay...

one free advice the coins on whattomine are not profitable ..
Profitability ETH mining on my GPU RX580 is now about $ 0.8 excluding the price of electricity. It is very small. At this level of profitability, I do not expect the emergence of new miners. Now you need to sell your GPU because the prices for them will also decrease as the price of cryptocurrencies. Soon gamers will have a holiday.
beskid
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March 30, 2018, 06:49:50 PM
 #20

My little hobby rig cannot find a coin to mine thats profitable. Even with $0.06kWh electricity Im losing money from this point on.

https://www.youtube.com/watch?v=JSUIQgEVDM4

Now you have an opportunity to rest morally! This is not the end of mining, but just a respite. I will continue to mine even with zero profit, since I believe that the crypto currency at the bottom is temporarily!
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