Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
d57heinz
on 10/04/2016, 19:18:21 UTC
well i believe its better than nothing right.
Even if not 1 ETH perday. its fine by me. i dont have to pay much for electricity

It is OK for you to mine, but for other people paying $0.2/kWh, it will not be profitable in two months.

I'm not sure that was a good idea to start mining if you pay $0.2/kWh. High profit never lasts long  Wink

The difficulty is rising fast and the price is dropping now. It will soon be unprofitable for the high electricity cost miners.

Maybe due to this>>  http://www.tomshardware.com/news/nvidia-pascal-tesla-p100-gpu,31557.html  im sure they are "testing" them.. what better way to burn them in then mine some crypto with them.. Im sure btc asics man. doing the same right now.. Diff skyrocketing there still aswell..

Is what it is!

Best Regards
d57heinz