Post
Topic
Board Announcements (Altcoins)
Re: The project is a continuous shitshow scam.
by
normana
on 26/01/2019, 13:50:52 UTC
Wow, I heard about this project back in 2017 and now I found it in Last posts and I can see mainnet started and mining too.
I would like to ask if someone is able to tell me about profitability.
Are there any profitability calculators for this coin?

Mining isn't profitable at the moment. You would find a calculator here: https://calc.nimiqx.com/
Until now, it was only CPU mining (but some people were mining with free VPS trials) and GPU miners came out a few days ago (that's probably why the hashrate is growing these days).
You can find other community websites at http://nimiq.community/

I think Nimiq is among the most profitable coins for some GPUs. If it is profitable at all, depends on your local energy prices etc.

For example, a 1080ti gives you about 300 kH/s on Nimiq, a revenue of about 1500 NIM/day, which is approximately 1 USD/day. The same GPU gives you around 50 MH/s on Ethereum, a revenue of 0.0046 ETH/day, which would be around 0.54 USD/day. RVN would give you around 0.67 USD/day. (data from cointomine.today and whattomine.today)

A 1080ti with 300kh/s generating 1.5k nim/day multiplied with the price (that is kept afloat artificially by the scam team) is $0,87 and not $1 as you are lying.

A 1080ti using ETHASH generates 55MH/s on Ethereum, a revenue of 0.004993 ETH per day according to https://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=55.0&p=20&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate

Thanks for your contribution. I guess I just had slightly different data points (because, as you know, prices in crypto fluctuate a lot).
My message (that NIM is more profitable to mine with 1080ti than ETH) is still valid with your numbers (0.004993 ETH = 0.59 USD < 0.87 USD), so thanks for confirming.