Post
Topic
Board Mining (Altcoins)
Re: Mining ethereum totally off grid(Suggestion Needed)
by
juni0r
on 18/03/2016, 00:05:09 UTC
The difficulty is rising fast and the price is dropping. Unless you have cheap electricity, do not start mining now
Is the price gonna fall below $6 near soon?  So if I mined regular on 100 mh/s  and generate  70 Ether per month I would make 60% profit after paying for power and ROI after 5 months, and I see this a better option than cloud mining
I do not see ETH will be under $6 because this COIN will no longer be able to mine when POS kicks in as well as ETH is backed by Microsoft. Most likely flatten between 9$ to 7$ If MIST does not amuse us. Do you think Microsoft will let down themselves?