Is mining Ethereum profitable?

[Defimwh]

Yes if you want to mine with graphic card i would probably suggest you to mine Ethereum. For me Ethereum is the best coin to mine because of the coin itself, the diff, and the capital.

[1715551637]

1715551637

[1715551637]

1715551637

[1715551637]

1715551637

[Lexurdania]

Yes if you want to mine with graphic card i would probably suggest you to mine Ethereum. For me Ethereum is the best coin to mine because of the coin itself, the diff, and the capital.

At this price, i am agree mining ethereum should be profitable. But we should calculating on electricity cost because different country have different tariff. As far i know, in near future ethereum will convert to POS system

[Cosbycoin]

Is mining Ethereum profitable this days, how we can start mining it?

I believe mining is profitable based on the country you reside in, I am saying this due to the cost of electricity varies by countries, the amount I would pay for electricity in my country would be totally different from the amount you are going to pay, if the electricity in your country is cheap, then you are going to make a lot of money from mining crypto but if the the cost of electricity is expensive, then you might not really make profit from mining.

[bitcoin-shark]

undermining is no longer profitable in general, only if you have low-cost energy or solar panels, and then you must also see the calculation of power/speed on https://www.cryptocompare.com/mining/calculator/eth

[Dennicex]

undermining is no longer profitable in general, only if you have low-cost energy or solar panels, and then you must also see the calculation of power/speed on https://www.cryptocompare.com/mining/calculator/eth

It seems to me that now you can mine some other coins. To mine Ethereum alone is not profitable. I think that only large farms can mine Ethereum and Bitcoin.

[funcryptoco]

I hope anyone have experience on mining ETH share it here.

[traderethereum]

Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.

[Dr.Osh]

Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.

well, basically if you want profits on big coins like eth, you need to have an ASIC, or a large GPU. I personally might prefer other altcoins, maybe like the veils that I currently pay attention to make a pretty good profit.

[Ferris419]

If I am not wrong then I think you are new to the mining! Then I would suggest you do not come to the mining at this point. Because even the mining experts are suffering to earn a profit through the Ethereum mining! As you are new then you have to face a lot of obstacles like you have to buy mining rig, perfect GPU for the eth, and all of those costs are very high! And, if your country asks a high bill for the electricity then what can I say except NO?

After a long time, ETH price seems increasing well and the crypto market trend is also good then why not you buy some ETH and start the trade or hodl? I think that will be more profitable for you. Good Luck.

[serhanni]

You can mine the most profitable coin and convert them to desired one.

[Galantin]

   It is difficult to call something profit. Well potontsial for growth there. Like the market now goes to the top. So the prices for ETH rise do not think that $ 1000. But you can continue to mine.

[Denongels]

for ethereum it seems less favorable in my opinion because from what I observe many miners (some friends and people who are known) mine ethereum at the time before bullish many sell their rigs, and some survive but they mine other alt, maybe they stop is because dif which increased due to the 2017 bullish and at the moment bearish ethereum has decreased significantly and there they have stopped

[funcryptoco]

Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.

well, basically if you want profits on big coins like eth, you need to have an ASIC, or a large GPU. I personally might prefer other altcoins, maybe like the veils that I currently pay attention to make a pretty good profit.

But i read ETH going to change into POS, if i plan to mining ETH buying ASIC will not be profit, is that true?

[huhhuh18]

Firstly, mining in itself is supposed to be a profitable activity since it comes along with rewards. However, as sweet as it sounds, it also comes along with "buts" and that is where issues arising include- type of mining machine/software, climate you find yourself in, country you're from (electricity costs and jurisdiction), etc.

[whiteblue]

when you do mining ethereum it depends on where you do mining, if your place still has cold conditions and the electricity costs are not too high then it can still give you an advantage.

[shiming]

If you are a novice suggestion from the simple start, the current ETH calculation is very high. It's hard to dig. Later the ETH algorithm is estimated to become a POS. Just dig can't fall, so you can get started with some simple ones. For example VEIL.

[adaseb]

Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.

well, basically if you want profits on big coins like eth, you need to have an ASIC, or a large GPU. I personally might prefer other altcoins, maybe like the veils that I currently pay attention to make a pretty good profit.

But i read ETH going to change into POS, if i plan to mining ETH buying ASIC will not be profit, is that true?

ETH was suppose to switch to POS back in Summer of 2016 and it still hasn't happened yet. The dev team is very slow in updates and usually misses dead lines.

Right now the issue with the ETH ASICs is that the algo might switch to ProgPOW, rendering the ASIC useless, hence why its better to just invest in some GPUs, especially Nvidia's which generally hold their value very well over the long term.

When it finally goes POS, just sell the GPUs to gamers.

[funcryptoco]

Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.

well, basically if you want profits on big coins like eth, you need to have an ASIC, or a large GPU. I personally might prefer other altcoins, maybe like the veils that I currently pay attention to make a pretty good profit.

But i read ETH going to change into POS, if i plan to mining ETH buying ASIC will not be profit, is that true?

ETH was suppose to switch to POS back in Summer of 2016 and it still hasn't happened yet. The dev team is very slow in updates and usually misses dead lines.

Right now the issue with the ETH ASICs is that the algo might switch to ProgPOW, rendering the ASIC useless, hence why its better to just invest in some GPUs, especially Nvidia's which generally hold their value very well over the long term.

When it finally goes POS, just sell the GPUs to gamers.

All coins now is ASIC resistant, that is way buy ASIC is not good idea, but i agree with you about GPUs.

[xxcsu]

Is mining Ethereum profitable this days, how we can start mining it?

we know how to mining it , and if you do a little bit of research you going to find out within a few hours. its not that complicated
Here is a very basic help for you, Just click HERE

Is mining Ethereum profitable this days, how we can start mining it?

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not  
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...

! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !

[xxcsu]

All coins now is ASIC resistant, that is way buy ASIC is not good idea, but i agree with you about GPUs.

Whoa ! Really ? That's something really really new information for some members here, including myself! I learned something new ! Man ! Thanks for the greatest news ever so ATTN everyone! Drop your asics, we dont need it anymore , all coins are asic resistant  Bitcoin miners please go back to your  GPU's 
WTF