Post
Topic
Board Altcoin Discussion
Re: Is Ethereum Mining still profitable?
by
Westfiled
on 11/09/2018, 02:34:35 UTC
Ethereum price is staying under $200 and I was wondering if mining is still profitable.

If you make an Ethereum Mining Rig today for $2500 that mines about 0.5 ETH per month, with the actual price you will need about 2 years to repay your investment.
And the block reward is still 3 right now and imagine if that will be decreasing again into 2 and it has confirmed by ethereum core developer to reduce the block reward from 3 to 2 ethereum for each block that has been solved by miners. that will decrease your profit up to 33% and then that will increase your ROI. think again before try to do anything.