Post
Topic
Board Altcoin Discussion
Re: Is Ethereum Mining still profitable?
by
leavolnhals
on 11/09/2018, 03:46:15 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.
I think tapping the altcoins now is not a good time. Because the current Crypto market is not good and its price has gone down a lot. This leads to a decrease in profit for ETH exploits or losses. So you should consider abandoning this industry.