Quote from: adaseb on April 26, 2018, 10:52:59 PM

Quote from: gotminer on April 26, 2018, 10:35:22 PM

Quote from: stomachgrowls on April 26, 2018, 09:07:15 PM

Quote from: gotminer on April 26, 2018, 01:46:26 PM

Quote from: adaseb on April 26, 2018, 07:18:48 AM

Quote from: realaccountakira on April 26, 2018, 06:18:32 AM

Quote from: dimpsk on April 26, 2018, 05:43:41 AM

Quote from: QuintLeo on April 08, 2018, 06:54:32 PM

The point to a profit - even small - is that it's money you would not have HAD otherwise.

Also, the OP specifically stated "hobby miner".

But you waste a lot of time for it. Is not better and profitable to click some sites and buttons in the internet? Cheesy

Why would it waste time? A miner is something you configure and leave alone. It mines while you are sleeping ffs.

Doing paid-to-click websites is less profitable because it demands your full attention the whole time. You could have instead spent that time learning a useful skill. Something is seriously off with the way you think. I highly suggest you take time to stop and meditate.

The current market value now is higher than in the future. Every day that you keep it mining for 5 cents it might depreciate another 10 cents

Where did you get your crystal ball?

Even theres no need to check out a crystal ball Grin

We can already presume on mining difficulty and the basic commodity or factors that would really be needed on mining which do increase its price too which would really have a common result which is not really worth of to mine.If you do mine just for hobby then its your choice but you are really totally paying up the expense of electricity or maintenance rather than on making money out of it.

Sorry, but I don't agree with you at all. Every single month I calculate my net income (if I were to cash out mined coins for USD at that given point) and every month it's double (worst month) or triple what I paid in electricity. At various points when I feel the time is right, I trade shit coins for btc, but I haven't traded btc for usd in several months. And even when I did take some profit in USD back in December, it was very little. You both can say whatever you like, but my numbers look just fine.

I wouldn't get into mining as a hobby personally, but at this point, I would continue to mine as a hobby, if it ever came down to that. Maintenance doesn't cost money unless your shit is breaking down all of the time and/or you don't know how to properly configure your rigs. Research doesn't cost you anything other than time, and you'd better be constantly doing that whether you're mining or just buying coins.

Asic resistant proof of work projects are dependent on gpu mining to secure their networks. You better go check yo-self Grin

This topic is not really that relative anymore since ETH basically doubled from its low when this topic was created.

If you are making double your electricity then yes it's worth keeping it running. But when ETH was below $400 and people were making 10 cents profit daily after electricity then you might as well turn it off and sell the rigs.

But since this is crypto a lot can change in a short time.

Well I don't mine eth. But I did buy a shit load of eith at $400 last month. If it ever dips below that, I'll buy more. I'm not in the camp of mining vs buying ... I started mining back when gpu prices were reasonable and I also invest usd into buying coins when I see blood in the streets. So my mining experience is much different than someone who is just now wanting to get into it. That's why I'm such a dick to people who say mining isn't worth it. For me, shutting down my rigs at a slight down turn in overall profitability is a stupid move, especially when my worst month was double what I spent in electricity.

GPU mining doesn't equal mining eth ... Not that simple, my friend.