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Author Topic: Will ethereum be profitable anytime in the future?  (Read 956 times)
Joca97
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October 29, 2022, 07:53:06 PM
 #21

I think Ethereum will raise for sure and reach higher numbers once the bull market begins again. The electricity isnt the problem anymore for this coin so this gives a lot of space that it improves on the market. So far o most all coins are stable so we are just waiting for some big news too see where the coins will go

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October 29, 2022, 09:02:06 PM
 #22

I think Ethereum will raise for sure and reach higher numbers once the bull market begins again. The electricity isnt the problem anymore for this coin so this gives a lot of space that it improves on the market. So far o most all coins are stable so we are just waiting for some big news too see where the coins will go
The transition to Proof of Stake is a big success with ethereum. The network is able to execute it in a much better way without any flaw. Right now it is time to spend on buying and staking that brings profit. Ethereum will be profiting in the long term when the market begins to move on the bullish trend. It is one among the coin that have got good real-time usage after bitcoin which is the major reason for the assured growth with time.
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October 30, 2022, 04:39:35 AM
 #23

ethereum remains the best in recent years until now it still remains the best after ethereum. I believe the future of ethereum ckup is good, merge is ethereum way to evolution ethereum well in the future we will see it in the near future.
.


ETH is King Altcoins and ranked second after Bitcoin, I'm sure the position of ETH will be difficult to shift, the number of developers who use the ERC20 network makes ETH demand continue to increase, Eth of course is worthy .
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October 30, 2022, 08:34:09 AM
 #24

Yes, with the merger, it looks like it will make Ethereum more developed in the future,
for now it's not really visible and I think it's just a matter of time,
for sure I never doubted Ethereum because it is one of the promising coins

Without the merge, Ethereum would had still been among one of the best performance in the next bull cycle because it's the foundation of most project. Many projects uses the network of Ethereum for their projects operation. So Ethereum stands to benefit form all the adoption that comes to their projects. Now Ethereum has merge which increase the functionality of Ethereum making other layer one project to become absolutel as developers that left Ethereum before would like return to develop in on the Ethereum network.
Investing in Ethereum right now can be a very profitable decision you can ever take because as Bitcoin increase, Ethereum would be the next project big investors will look at as Ethereum has Bitcoin kind of trust from investors.

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October 30, 2022, 10:24:34 AM
 #25

ethereum remains the best in recent years until now it still remains the best after ethereum. I believe the future of ethereum ckup is good, merge is ethereum way to evolution ethereum well in the future we will see it in the near future.
.


ETH is King Altcoins and ranked second after Bitcoin, I'm sure the position of ETH will be difficult to shift, the number of developers who use the ERC20 network makes ETH demand continue to increase, Eth of course is worthy .
Yes, for me Ethereum is an altcoin that doesn't need to be doubted because it has been proven that until now Ethereum is still in position 2 below Bitcoin.
Ethereum is very suitable for long term investment and I think it is more profitable,
besides that I also believe the coin will continue to grow
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October 30, 2022, 02:41:03 PM
 #26

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
Your title and OP contents do not totally match so I am not sure if you are only asking one question or two? But, if it's about mining then I don't think it's possible for ethereum to be mined, now that it is now a POS so the answer would be no. It isn't profitable anymore in terms of mining but if it's about investing or trading eth then yes, because I believe that eth future will still be bright.

More adoption can come and more price increases are also going to be expected for this especially now that most people will buy large chunks of eth and they will just hodl it strongly only to secure the network since it was now pos like I've said earlier.

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October 30, 2022, 07:28:11 PM
 #27

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?

As others have said, no, it won't.  You could switch to Ethereum Classic mining, or you could buy a chunk of ETH and stake it.  With ETH going from PoW to PoS, the only way to make a profit is to trade it, or stake it.  Both options will depend on how much money you have as the deciding factor for how much money you make.  It's pretty similar to the traditional finance system, which should be of no surprise when you dig in to who was behind it's creation.  Worse yet, now that it is PoS instead of PoW, blocks are being censored per regulators meaning that Ethereum is no longer an immutable blockchain.

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November 02, 2022, 11:52:29 AM
 #28

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
there are no availability for Mining in Ethereum now, and I think what we can do here is to invest, stake or something similar if you really wanted to earn from ethereum .

and making profit for long term is best in crypto by Holding mate and not totally in mining as like you said , electricity is truly high now.

ethereum remains the best in recent years until now it still remains the best after ethereum. I believe the future of ethereum ckup is good, merge is ethereum way to evolution ethereum well in the future we will see it in the near future.
.


ETH is King Altcoins and ranked second after Bitcoin, I'm sure the position of ETH will be difficult to shift, the number of developers who use the ERC20 network makes ETH demand continue to increase, Eth of course is worthy .
lets see after 5 -10 years more.

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January 30, 2023, 04:38:54 PM
 #29

Ethereum is the second successful token after bitcoin and no one can ignore the rising amount of ethereum. If you hold ethereum for long term then it will certainly give you profit.

Ethereum is a suitable coin for trading and investment and now the price is up so it is also estimated that in coming weeks and months it will increasing more.

Ethereum is very beneficial and the future of Ethereum will be very brighter so those who invest part of money into it will be more profitable in future.

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January 30, 2023, 07:25:21 PM
 #30

Ethereum is the second successful token after bitcoin and no one can ignore the rising amount of ethereum. If you hold ethereum for long term then it will certainly give you profit.

Ethereum is a suitable coin for trading and investment and now the price is up so it is also estimated that in coming weeks and months it will increasing more.

Ethereum is very beneficial and the future of Ethereum will be very brighter so those who invest part of money into it will be more profitable in future.
Correction, Ethereum is not a token but it is an Altcoin. ETH being the second coin in the top list means that it was easily seen and considered by a lot of investors but there are still people who are not a fan of this coin. Holding is not enough but one must also be attentive and always watch out for the signs if the bull run for the cryptos are coming so that they can dispose their coins on time.

If you can't do that, then you can't possibly earn even if you already hold the best crypto. And if there are coins which are suitable for trading then I don't think it will be ETH but I see ETH as a stable crypto with long-term potential. It's already enough for long-term hodling.

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January 31, 2023, 12:25:34 AM
 #31

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
I rather buy Ethereum than other altcoins. If you can see the TVL of Ethereum right now versus other chains or networks, Ethereum is extremely far. That is the best example of why I believe Ethereum is good for the long term and is also safe.

As you can see, around 59% of the whole cryptocurrency market is on Ethereum right now. And that 59% is around $29.18 billion as of now.


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January 31, 2023, 04:33:38 AM
 #32

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
Even though Ethereum can no longer be mined and the way to get it now is through staking and also buying, in the future I think this coin will still be in second place under BTC and will provide profit for its holders. If you want to start adding it to your bag try to use the DCA method and when it reaches 32 ETH you can start staking it and it will make your bags also increase from staking results, but 32 ETH is too big for me

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January 31, 2023, 05:55:08 AM
 #33

just Buy instead of anything , better to buy now as it was very low and of course to expect a return in the future  because this is the most promising coin from bitcoin .

Indeed, for now the mining produced is not in accordance with the electricity costs we spend, because the price of Eth is currently falling.  Most likely in the next few months the price of Eth will rise, so mining will be more profitable

best to Mine other coins , than ethereum or best to stake Ethereum as there are so much promise for this to come.

I think Ethereum will raise for sure and reach higher numbers once the bull market begins again. The electricity isnt the problem anymore for this coin so this gives a lot of space that it improves on the market. So far o most all coins are stable so we are just waiting for some big news too see where the coins will go
Just the time that we don't know when to come .
Ethereum is the second successful token after bitcoin and no one can ignore the rising amount of ethereum. If you hold ethereum for long term then it will certainly give you profit.


specially nowadays that Ethereum is truly climbing high following Bitcoin.

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January 31, 2023, 09:34:46 AM
 #34

just Buy instead of anything , better to buy now as it was very low and of course to expect a return in the future  because this is the most promising coin from bitcoin .


It should also be noted that Ethereum has reached ATH at a price of $4891 and this is an extraordinary achievement. Currently the price of Ethereum is still around $1500. Ethereum is the most promising altcoin after Bitcoin and is the top Altcoin that can follow Bitcoin prices. There is nothing to doubt if buying ethereum for the long term. After Ethereum's move from POW to POS, transaction fees are also cheaper and the network is running well. In the future we will see that the current price is too low.
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January 31, 2023, 11:03:11 PM
 #35

~
It should also be noted that Ethereum has reached ATH at a price of $4891 and this is an extraordinary achievement. Currently the price of Ethereum is still around $1500. Ethereum is the most promising altcoin after Bitcoin and is the top Altcoin that can follow Bitcoin prices. There is nothing to doubt if buying ethereum for the long term. After Ethereum's move from POW to POS, transaction fees are also cheaper and the network is running well. In the future we will see that the current price is too low.
If you are talking about the future, i hope there will be a time when people start understanding the real concept of POS and it is not decentralized and only a few control majority of the coins, until then you can make money whenever the price of BTCitcoin rises, ETH along with other alts rises as well.

Average transaction fees is $4.41, it is really high considering how Vitalik used to mock the transaction fees of BTCitcoin when there was network congestion back in the day, he never thought karma is a bitch  Cheesy.
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February 01, 2023, 03:59:29 PM
 #36

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
No ser, mining stopped and only pos which is you need to buy eth to stake and became validator, is more riskier than mining, so suggesting if you want doing pos, dont go pooling things, set up by yourself and dont rent private server, even raspberry can handle this with little tiny power

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February 01, 2023, 07:15:07 PM
 #37

OP posted once and never came back. The question is obvious for the majority that ETH is still profitable no matter what happened and despite many don't like the transition that has happened but yeah, has to quote that part of it's not mineable anymore.

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
No ser, mining stopped and only pos which is you need to buy eth to stake and became validator, is more riskier than mining, so suggesting if you want doing pos, dont go pooling things, set up by yourself and dont rent private server, even raspberry can handle this with little tiny power
It's quite expensive if he's going to build his own. Those that have less will join the pools but how much in it is for them? I'd rather hold it on my own and do nothing with it.

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February 01, 2023, 11:56:21 PM
 #38

OP posted once and never came back. The question is obvious for the majority that ETH is still profitable no matter what happened and despite many don't like the transition that has happened but yeah, has to quote that part of it's not mineable anymore.

With change in algorithm and rising electricity bills can mining ethereum be profitable again in the future?
No ser, mining stopped and only pos which is you need to buy eth to stake and became validator, is more riskier than mining, so suggesting if you want doing pos, dont go pooling things, set up by yourself and dont rent private server, even raspberry can handle this with little tiny power
It's quite expensive if he's going to build his own. Those that have less will join the pools but how much in it is for them? I'd rather hold it on my own and do nothing with it.
When we do speak about mining then it would really be totally depending on electricity cost on where you are residing and if you are really that going for long term then it wont really be that a bad idea but of course you would need to pay up for the energy consumption + expensive GPU's if you are really into mining.

Not all would really be that having the capital on doing so and its true that it would be more better if you do just simply buy and hold it for long term rather than on making yourself do involved all the
hassle and huge expenses if we do speak about mining.There are people who are really that eager on mining it but well we do have our own choice and as long you are aware of the risk
then its really up to you.

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February 02, 2023, 01:33:17 AM
 #39

just Buy instead of anything , better to buy now as it was very low and of course to expect a return in the future  because this is the most promising coin from bitcoin .
It should also be noted that Ethereum has reached ATH at a price of $4891 and this is an extraordinary achievement. Currently the price of Ethereum is still around $1500. Ethereum is the most promising altcoin after Bitcoin and is the top Altcoin that can follow Bitcoin prices. There is nothing to doubt if buying ethereum for the long term. After Ethereum's move from POW to POS, transaction fees are also cheaper and the network is running well. In the future we will see that the current price is too low.
Profitability of ethereum must come with the profitability of crypto market as a whole, always following the tendency of bitcoin. ETH is the strongest altcoin in the market, so besides bitcoin, there are high chances ETH can also overcome its previous ATH in a future bull run. Bitcoin is the king of crypto market and ethereum is the king of altcoins market, so it's natural to assume the investment is still hot and full of potential, although it should never replace bitcoin in an investor's portfolio.

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February 02, 2023, 08:54:58 AM
 #40

~snip~
OP may be confused what to answer. But the transition that ETH made from Post to Pow had positive and negative impacts. The majority can indeed mine without the need for mining rigs that are heavy and consume a lot of electricity, but besides that, Post is also not fully decentralized and Ethereum cannot be called a decentralized altcoin anymore. But the positive impact on the network is that it provides good transaction speed and lower gas costs. this is just the beginning and there are still updates to be made.
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