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.
How to Mine Ethereum GuideIf we count to the numbers then we will see, if Etheruem is at the price of 1000 USD then we only need 5 months to take advantage.
1 month results are 0.5 Ethereum = 500 USD.
2 months the results are 1 Etheruem = 1000 USD.
4 months has produced 2 Etheruems and that's when the price of 1 Ethereum = 1000 USD and now Ethereum is around 200 USD, so?