Quote from: g0suboy on August 18, 2017, 10:30:26 PM

Quote from: mr.bitcoinerf11 on August 18, 2017, 07:43:26 AM

ethereum mining difficulty is increasing nowadays
every single month will be 20-40% decrease in profit and this will lower our roi and will make it impossible to get price of our equipment back
bitcoin is the same of it and will never get lower in diffculty,is there any altcoin that can be mined with lower diffculty and getting higher earnning if so which one will be?

Ether mining will be profitable till late 2018 sience they delayed casper release till late 2018 (switching from POW to POS). In new release metropolis witch will be released in next 2 months in 2 phases they will frezze time bomb(delay ice age)average block time will be set to 15secs but they will reduce reward from 5 to 3 ethers per block. Overall miners will suffer 19% profit loss when they apply changes if current eth value stays at 300$. this is good news cos casper was announced for release this year late 2017 and they delayed it

My calculations are that you can roi in 6-7months easily if value of ether stays the same but every predicion is showing that ether will hit 500$ till end of 2017. so if you start to mine now and hold your ether you could roi in 4-5months.
You just need to believe in ether

This is where new users make their mistake - they are only considering fiat ROI. People buy miners as a hedge against the risk of buying a crypto and then having that crypto lose against fiat - thus losing money. If ethereum goes to 500 then you are correct you will make fiat ROI earlier (assuming more people don't pile on mining which of course they will if the price goes up).

But consider is the risk of buying all the hardware and maintaining it worth it to basically earn "free" video cards and motherboards. For some it is worth it.

For others they are willing to risk that same capital investment directly into the crypto itself. There is no tangible safety if their crypto goes to 0 value, but the gains are sometimes a magnitude higher when buying coins directly. The opportunity time is essentially negligible when buying fiat directly.

New users should consider what level of risk they should be taking. In the example above, if ethereum shoots to 500 tomorrow - a person who buys today at 290 will always come out ahead of somebody who mines even if POW stays alive for 1 year - their fiat gain is instantly realized within 24 hours - they can choose to take profit or gamble on higher rewards... a miner does not have that luxury and with consideration of how eth attracts all the stupids (because people think it's the most profitable) the difficulty will just continue to cut into the miners profits.

Real crypto ROI is whether it would have been better to just buy crypto at a certain point instead of buying hardware. For many ASIC miners they may ROI in fiat but lose in crypto ROI because they would have more coins in hand if they bough directly instead of buying a miner.