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Author Topic: I shut it down tonight boys.  (Read 5066 times)
Metroid
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July 08, 2018, 06:13:20 AM
 #221

$0.06 per kwh and you can't find a profitable coin for mining?
I'm paying $0.22 per kwh and i'm still mining, my rig has low net profit per day because my electricity is very expensive, but i can profit about $4 per day(bitcoin at $6500).

Anyway you can mine and hold some months until bull market comes.

You are doing it wrong, in your case is all about trading, selling/buying coins.

Anyway, if the rx 480/580 was still selling for $180 then the roi would be around 300 days. 2 years ago btc was $200 and eth was $7, roi was 300 days, now btc is $6700 and eth $490 and roi is 700 days, it is all a huge mess, mining was never this bad since March 2015.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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roperto222
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July 08, 2018, 01:23:58 PM
 #222

i sold my rig too. is not profitable anymore. coins just get falling day by day. altcoins going to die very soon
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July 08, 2018, 02:06:49 PM
 #223

I have never tried mining but this seems not profitable as you have to invest a lot in advance. I will learn more about it. Hopefully I will understand it more and more
leonix007
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July 08, 2018, 03:23:58 PM
 #224

I have never tried mining but this seems not profitable as you have to invest a lot in advance. I will learn more about it. Hopefully I will understand it more and more

you could start mining with what you have

at least a dedicated CPU or GPU on it, of course don't expect profitability

learning hands on is way more exciting

you will gain knowledge and understand mining in no time



Sikkan666
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July 08, 2018, 06:35:35 PM
 #225

shutting down? lol.. Not sure what ure doing wrong then coz even whattomine´s coins would make me around 10 dollars/day and pay around 3-3,5 dollars per day in power.

Obvoiusly I am mining other coins that isnt what everyone else is mining Smiley
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July 10, 2018, 01:28:35 AM
 #226

i sold my rig too. is not profitable anymore. coins just get falling day by day. altcoins going to die very soon

I think after a few weeks, the price of altcoins will rise again. The rigs will be in demand again.
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