Re: Ethereum mining still profitable?

i think profitable to this moon. because price and fast trend grafik
mining with gpu

It is profitable to mine the Ethereum now. But it is more profitable to mine other coins such as neoscrypt or lyra

I think ethereum is not profitable right now instead they are converting into ETC because they said this is a new version of ethereum.
We know about the issue in dao because of this hackers hack ether that can bring down the price of ethereum..

There are talks about the attack on the ETC at the moment. The price of ETC could drop a lot soon.

right now the hashrate is split at 700GH/3500GH. you need 21% of the ETH network on the attack pool
if hashrate continue to migrate (lets say 1400GH/2800GH), the attack pool would require 51% of the ETH network in order to 51% attack the ETC network.

You just need the DAO hackers to dump his coins to push down the price below $0.2, 51% will be easy then.

why would he do that? better to wait for the price to increase another 20-30% and for ethereum classic to potentially become the stronger chain (depending on miners). then his coins will be worth much more