Quote from: gwestcot on April 05, 2018, 12:29:04 PM

Quote from: Sandal_Hat on April 05, 2018, 12:12:40 PM

Quote from: gwestcot on April 05, 2018, 12:08:08 PM

Quote from: Sandal_Hat on April 05, 2018, 11:41:03 AM

Quote from: m.vina on April 05, 2018, 07:44:36 AM

Quote from: klintistwood on April 05, 2018, 07:11:15 AM

Quote from: NateDoggETH on April 03, 2018, 07:46:08 PM

I still think it is worth it. depends on your strategy though.

I checked my pool address just now and I am expecting 1.9 ETH a month (went up by .09) and I pay $230 for unlimited electricity for my house. I know this number can fluctuate based off of difficulty.

I am not worried about the price per ETH at this moment because I am still making close to $800/month at todays prices. I am mostly mining for the coins at this point though. I am looking for a big jump on prices throughout the year and will sell at that time.

What kind of setup do you have to make 1.9 ETH / month?

Probably around 25-30 GPUs depending on the cheapest GPUs you can get. You would need 3 motherboards to run them. Then these would probably run at an estimated electric power consumption of around 4000-5000 watts. These are very rough estimates. I wouldn't get into buying GPUs for mining at this time tho. Too much is uncertain.

Dont buy gpus now. The antminer E3 is too much cheaper and will drive gpu down the drain.
In general, mining is just not worth it now. Too much risk for this kinda return.

I really feel like the E3 will get bricked like the cryptonight variety did. Nobody like bitmain these days. Grin

Or could be like SIA coin. No fork.
I hope bitmain lowers their production.

I just hope they try to focus on coins that already have established ASIC markets rather than trying to create new ones that the community doesn't want. They should come out with an improved Bitcoin miner instead of branching to cryptonight, ethash, and everything else under the sun.

Why would one improve a btc miner when there is no need to. Can only improve to 10nm which is not much. It will cannibalize sales of their own S9 product....no point. The current 10nm node miners have proven to not be special or anything.