Post
Topic
Board Mining (Altcoins)
Re: Mining looks like it's dying to me..
by
philipma1957
on 04/02/2018, 13:42:46 UTC
Mining is already dead to the people who are paying for a gpu any price above msrp, for the others mining still surviving but not sure if it survives this  year. The thread I created is an example of how my sentiment is concerning mining and it has never been this bad. Right now eth gives only $1.20 per card and if the difficulty keeps rising then soon will be $0.50 and then 0.

1 free advice there is a world outside of eth...im still doing ~3.5-4$ day / rx 580

whatcha mining?

That's always the real question;  cause the second a horde jumps on the smae algo/coins you are mining;  bam... hit in profits lost....   Kinda sad, but true.

Best advice:  Try many algos, see what ones have coins that pay well and which algo is the most efficient when it comes to that notion.

Last year around August/September;  it was Skien for my GTX 10 series cards... right now, its different.....  But definitely not an algo that the masses are mining.   I am still pulling over $300/mo with the equivalent of 2x 1070 in hashrate on one account.

yep  there are smaller coins here and there.

and zec  still pays  decent for a 1080ti

https://www.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

0.0045 btc for 9 1080ti  or 0.0005btc  for 1 1080ti pulling 5 kwatts a day  my winter power = 10 cents so 50cents a day  and 0.0005 btc =   4.30 - .50 = 3.80  profit for each card

Since the card is paid for I can mine and hold.