Mining profitability

[TUMAS]

Is it worth mining any more? if so - which is the most profitable coin?

[reactorjuno]

You can mine Dash with non-ASIC devices, such as XFX 7990 (21.8 Mh / s), SAPPHIRE R9 Nano (20 Mh / s), GIGABYTE R9 390 (14 Mh / s).

Among the other currencies to be mined, Litecoin is still a possibility. You must have at least two high-performance graphics cards. It is possible to use the ASIC Scrypt for better profitability.
Litecoin is going through tough times at the moment but it is a good coin and I still believe it is a bright future.

[asradoni]

You can mine Dash with non-ASIC devices, such as XFX 7990 (21.8 Mh / s), SAPPHIRE R9 Nano (20 Mh / s), GIGABYTE R9 390 (14 Mh / s).

Among the other currencies to be mined, Litecoin is still a possibility. You must have at least two high-performance graphics cards. It is possible to use the ASIC Scrypt for better profitability.
Litecoin is going through tough times at the moment but it is a good coin and I still believe it is a bright future.

Yes, without ASIC mining now is not profitable. Even NVIDIA decided in the next quarter to stop the production of chips for minig.

[Awesomus Maximus]

Since you posted this question in the Alt section, I would assume it is not about bitcoin mining. In some cases mining may still be profitable, at least some people claim that. But it is not as profitable as last year this time, that is certain. I stopped my small GPU mining experiment because of it not being profitable any more. Maybe if you can afford to try with specialised ASIC mining on the Equihash algorithm, I have no idea. As you may see for yourself, the entire altcoin sector is free falling. If  you have confidence that there are some alts that are going to recover when the market becomes bullish again, pick some of them and start mining.

[bitmover]

Unless you have specific gear and low electricity, it's not profitable to mine. And it hardly ever was.

People who mined 30 btc for month in an old laptop were mining without any profitability. But they were luck and visionaries, and if they were able to hold they made millions.

It's better to use the money you would spend with electricity and hardware directly in buying coins. Make some DCA techniques, buying a few every month..

[Glad108]

Is it worth mining any more? if so - which is the most profitable coin?

Mining is not really a profitable business if you don't have enough money to purchase the expensive mining machines. If you decide to just use your phone or computer, you will be wasting your precious time.

[EvgenOrel]

Mining in our time has become not profitable. Many of my friends are trying to sell their video cards at very low prices, but there are very few buyers. In addition, the largest manufacturers of equipment for mining refuse to continue to work in this direction.

[KobbyC]

You can mine Dash with non-ASIC devices, such as XFX 7990 (21.8 Mh / s), SAPPHIRE R9 Nano (20 Mh / s), GIGABYTE R9 390 (14 Mh / s).

Among the other currencies to be mined, Litecoin is still a possibility. You must have at least two high-performance graphics cards. It is possible to use the ASIC Scrypt for better profitability.
Litecoin is going through tough times at the moment but it is a good coin and I still believe it is a bright future.

Hello mate, I like your post, Can you explain this here very well. I am interested in mining Litecoin and do you have any link for those interested to mine litecoin.

[timmmers]

Mining is no more profitable. There are big companies like a Bitmain who invest million of dollars to mining farms, can you compete with them? i dont think so. So better is invest and buy Bitcoin than invest into mining rigs and mine.

[BitcoinHodler]

if you already have the mining equipment such as ASICs or a GPU mining rig and also only if you have cheap electricity you may be able to make some profit. otherwise if you want to start it from scratch then it is not worth it anymore because altcoins are going  down and by the time you set things up they will be a lot lower.

[Karlblaise1]

I think Mining is still worth the try save for the dwindling profitability that accrues in respect to power cost.
But all of that will soon be a thing of the past with WPP Energy introduction of HHO mobile power units of 1 - over 5 Megawat of electricity per hour.

There are more profitable mining activities you can engage in now; till then, hold on for an enhanced mining profitable industry

[reactorjuno]

You can mine Dash with non-ASIC devices, such as XFX 7990 (21.8 Mh / s), SAPPHIRE R9 Nano (20 Mh / s), GIGABYTE R9 390 (14 Mh / s).

Among the other currencies to be mined, Litecoin is still a possibility. You must have at least two high-performance graphics cards. It is possible to use the ASIC Scrypt for better profitability.
Litecoin is going through tough times at the moment but it is a good coin and I still believe it is a bright future.

Hello mate, I like your post, Can you explain this here very well. I am interested in mining Litecoin and do you have any link for those interested to mine litecoin.

Hi mate. You can get some basics, for example through this kind of articles > https://www.bitstarz.com/blog/back-to-basics-the-litecoin-mining-process Also don't forget to check on Youtube, look for tutorials. Mining nowadays is highly competitive though.

[kabzon_btw]

Is it worth mining any more? if so - which is the most profitable coin?

i guess that you can do it of you really think that it is your main job and if you really like it? and i wish you good luck

[lutcor]

It's sad to say this now, but I'm sure that you also understand that today's mining is at the level of the floor in terms of payback and profitability. It is very difficult to understand this, because such a situation clearly goes beyond the normal. The price of bitcoin is the whole explanation.

[stefany101]

Doing crypto mining is profitable if your apparatus is a high quality device and the mining site you are dealing with is legit. There are so many other miners who are lacking some hope to get some profits but mining is efficient because you are not doing anything or exerting force to do it.

[Dayx]

well, if you love to gamble, try to mine a new cryptocurrency, it may be profitable.
you can check the announcement of these cryptocurrency on announcements (Altcoin)
if you got lucky, you'll get so many profit from these new cryptocurrencies

[tsaroz]

If you believe in holding and the rise of crypto prices in future, than crypto mining is a good option but at current time and resource, a mining is not worth the hassle. Not that its not profitable, it is still profitable in papers but there are many things that can go wrong.

[Cryptocb]

Mining of crypto coin is expensive and it requires steady power supply towards the machine/equipment used to mining, and is more profitable after the process are undergoes, Nice one to have a courage of start up.

[linkybit]

Is it worth mining any more? if so - which is the most profitable coin?

Without ASIC mining is not profitable at all, and with ASIC devices profits also too low to continue these days.

[andrejfilipov876]

as far as I know. now it is not very profitable to engage in mining, as the market is on the decline. good income is not to be expected.