Quote from: joshy23 on June 02, 2019, 06:00:32 AM

Quote from: arnoldrimmer on June 01, 2019, 08:33:00 AM

Quote from: unewbie on May 26, 2019, 12:42:44 AM

Hello everybody,
Mining ETH now seems to be no profit.
I use VGA P106-100 6GB; 6 card
150Mh/s; 750W

Why many people still are mining ETH??

Its not as profitable as it can be as there is now more than enough crowd so the profit has reduced and the electricity cost isn't helping at all so now the most people that still mines are the whales

Most of them are the one who have cheaper or no electricity cost, they can afford to continue as they don't need to worry much, they can hold and wait for some time before selling it up and earned the rewards of mining this coin and hold for long term benefits.

So we are talking teenagers living with their parents, people who rent with electricity included in their rent, and finally people that leech off the grid stealing power in some 2 and 3'rd world countries.