Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
d57heinz
on 23/08/2016, 08:57:48 UTC
If you include the hash rate for the ETC, the difficulty is 20% higher. So If the ETC is not mined as much, the difficulty of the ETH will be much higher.

If ETC keep dropping, ppl will move their rigs back to etherum and 20% higher diff. But If this happens I expect the Etherum price to climb around 20% as well.

The Ethereum total hashing is about 20% higher than a month ago. I think if the trend continue, it will not be profitable for many people in winter.

That's quite ok. These rigs make great heat for winter.  Better then paying to run a heater that returns 0. I'd rather run a mining rig and at least get something back for my effort and cost of power.