Post
Topic
Board Mining (Altcoins)
Re: GPU Mining a good idea or not?
by
FloppyPurpleGherkin
on 24/11/2018, 22:21:07 UTC
Basically if you already own the gear and have free or cheap electricity, then go ahead and get back into mining.

If you don't have the GPUs and your electricity is greater than 10 cents a KwH then you should hold off for now and see where the future takes us. You should also take into account the next Ethereum fork upgrade which will reduce the issuance to 2 ETH per block from 3 ETH per block, so there is another mining profit reduction right there.

Even power at 10 cents is barely breaking even now (btc at $3790 as I type)

On WTM if I input 85x 570's @ 10 cents the profit is $0.48 cents per day TOTAL. not per card lol  Shocked