Post
Topic
Board Altcoin Discussion
Re: Is Ethereum Mining still profitable?
by
Diablesfunis
on 11/09/2018, 06:37:00 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.
It takes a long time to break even from mining crypto especially right now when the price is quite low, i guess the difficulty will get lower because people will switch to another coin to mine so the roi will get better than that but you can mine a lot of coin with gpu so if you think it's not profitable to mine eth then there's a lot of options to choose, you can also sell your mining rig later if you want to stop.