Post
Topic
Board Mining (Altcoins)
Re: is it still profitable? How many rigs do the big boys still have...
by
umine
on 14/11/2018, 15:32:01 UTC
Are you profiting with ETH or other Altcoins?

Whats your outlook?

How are the big boys doing... are you one of them? what's the electricity to profit ratio/conversions?

Mining still profitable. Even WTM shows that operational cost below 0.15 $\kWh gives some profit for mining. Just about 20% above spent money but it's still profit. In the case you check new perspective projects and fine tune your mining machines the profit could be more. Is it difficult now to buy and run new mining machines? Of course, yes. Though each investment in silent period is risky.