Quote from: LSteve on March 30, 2018, 09:47:37 PM

Quote from: JaredKaragen on March 30, 2018, 08:32:44 PM

Quote from: dimpsk on March 30, 2018, 08:16:24 PM

Quote from: gotminer on March 30, 2018, 08:00:32 PM

Quote from: dimpsk on March 30, 2018, 07:54:18 PM

Quote from: MinedTangerine on March 30, 2018, 02:22:45 PM

Quote from: Indigenousinnovation on March 30, 2018, 02:15:26 PM

I think I am late to the mining World but, is it still possible to still set-up a rig and still make profit?

Sure it is. But the ROI is much much longer.

Actually ya don't understand what are you talking about. Right now we can see levels of zero profitability for those guys who already have the farms and whose electricity is very chip.

Maybe if you're trying to mine with older gpu's. I don't mine with anything older than a 1070ti. Those are still profitable even at today's coin prices. I wouldn't buy any more of them even at msrp, but I'm not ready to sell them yet either.

May be. Let's estimate. 1070 and 1070ti are the best ones now.
They ' ll give you $0.5 profit per day on $0.06 kwt/h electricity from wall according what to mine coins.
That's it. It is a profit still i agree. But zero profitability is very near.

Ya can argue that there are some shitcoins with better perfomance. This hour or yesterday. May be. But it is not mining.

you crazy..... I earn over $1/day on a 1070 on a long standing algo.....
You must also take into account others' mining strategies may not be the same inside the box thinking that you are using.

if you can max out a 10KwH generator on petrol; you can definitely be profitable. Food for thought.

Damn but Petrol feels so politically wrong for me tho... like I'm Helping Maduro's Regime... It's politics don't even pay attention to what I just said.

I am a Venezuelan, and I will tell you a little about petro.
Petro will not be a minable currency. The government will mine them, without minable code, second. The petro may not be redeemable anywhere. And finally ... 20 petros are worth $ 1000, so it's just a mature way to avoid trump blocking
If you think you're going to mine petro, you live in a fairy world