Post
Topic
Board Mining (Altcoins)
Re: Mining ETH is now no profit
by
Beyerd17
on 29/05/2019, 14:59:11 UTC
You forgot something.
Blocks reward.

1 year ago, ETH Block rewards is 4 ETH/Block.
But today, is decrease to 2 ETH/Block only.

And, 1 year ago, ETH Price is $1000, but today is only $250
But in spite of all this awful things people still mining ETH. May be they know something? Or may be they just are able to use a calculator? The last 3 years there were only about 5-6 months than all were happy. All another time someone mined and got profit and someone cried.

Nah! There are a ton of teenagers living at home with their mom and dad, mining away, their parents paying for that mining electricity. Those parents would be better off just giving their children some (more) money and NOT mine ETH at a loss.