Is Ethereum Mining still profitable?

[Foxgtx]

Ethereum price is staying under $200 and I was wondering if mining is still profitable.

If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.

How to Mine Ethereum Guide

Mining is not profitable now a days , due to electricity expenses  too. if you go to cloud mining also not  profitable. its better to invest on exchanges and wait for the next moves

[thisav]

If you just calculate the return of mining with the current price, you will probably don't get the positive value or a very long returning time due to the high cost of setups and electricity. However, if you are thinking the possible growth of ethereum in the future, then it is worth to mine, because you are investing the coin's future. From the past, ethereum reached nearly $1200, so it may back to its all time high in near future.

[mahilchii]

Hey guys as of now do not plan for mining, as you are aware that the value is very low mining is not giving profit these days. The earnings which you could earn via minings will be equal to the electricity bill and internet bill.

[sentoy]

if I think ethereum mining is good enough for capital enhancers compared to other coins that are still above it depends on whether we use it or not, if used correctly it might produce the desired but if not used it does not get anything from ethereum mining.

[(o)(o)ilikeboobs(o)(o)]

Ethereum price is staying under $200 and I was wondering if mining is still profitable.

If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.

How to Mine Ethereum Guide

ETH might be another shit coin, but it's still the second place of the market. and it stayed there for quite long time.
people have faith on it
so, even miners might not get profit back, but that's the worst case.

[HichemFetoui]

in 2018 mining is profitable only if you have free electricity i think the future is for proof of stake, delegated proof of stake and for master nodes good luck in the rest of your journey here

[sulis sudibyo]

if ethereum prices are still like this in the next few months. it looks like mining ethereum is not a good choice. overall if the market doesn't improve, it's not mining, maybe ICO investors, crypto traders or even Project developers will leave the cryptocurrency

[ynclksnr321]

In fact, most of the people who stop doing the mining, in fact, for those who have a high return on mining. I think that those who continue to do the mining right now will have the same payoff as well as they will win from the possible rises.

[Fritz93]

To date, I do not see the point of mining the ethereum. This is not cost-effective. Spending on electricity does not pay off. So now, I just turned off the farm. We are waiting for the price recovery, and we will continue to evaluate.

[trade2winnn]

In principle, Yes, it is profitable, I know that a lot of people switched to mining ether,but after it fell below $ 200 for the token, many were disappointed, since it became not so profitable, if not in the negative, and now the ether is not particularly growing when it starts to grow, I can definitely say that many will

[sorrros]

No, do not try to competite with big whales who invest million of dollars into mining farms. Simply, buy coin which is interesting for you and you will do better thing that mining it .

[hardhouseinc]

Ethereum mining is still profitable even if the price dropped a bit in the past time. I think people who are mining should continue to do so.

[otunayode]

The block reward for ethereum is still the same though the difficult is ok. You may be able to mine more coin but the market value will be low. If the mining reward is low and difficulty is low, you can get more coin that you can sell for profit in better market!

[Saugani]

Ethereum price is staying under $200 and I was wondering if mining is still profitable.

If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.

How to Mine Ethereum Guide

Well buddy asked.
I think there's two understatement about what buddy ask (Roi and interest in mining)

* to Roi it's so far away if you have a GPU or an Asic, or along in-one pool of mining, it also includes electrical cost etc
* But if you like it or enthusiastic in mine, I think you can mining another coin and certainly do you think a good project.

[doedz]

Ethereum price is staying under $200 and I was wondering if mining is still profitable.

If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.

How to Mine Ethereum Guide

If we count to the numbers then we will see, if Etheruem is at the price of 1000 USD then we only need 5 months to take advantage.
1 month results are 0.5 Ethereum = 500 USD.
2 months the results are 1 Etheruem = 1000 USD.

4 months has produced 2 Etheruems and that's when the price of 1 Ethereum = 1000 USD and now Ethereum is around 200 USD, so?

[Menawi12]

From what i know from my friend, its still profitable but not too much. Their profits reducing much because ethereum price drop more than 70% from highest. But they still keep mining ethereum because they see potential of ethereum