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??
Many people are still mining Eth because it is still very much profitable to them and I for example am still very much into mining my lovely Eth
Now the price of ETH is still very low which is a very good sign for the people who are mining ETH, it will give very fruitful profit when the market starts recovering. This year there are many predictions for the price of ETH easily cross its previous value.
Have you been living under a rock the last 5 months? The market did recover (a lot) since the bottom last year. Both Bitcoin and Ethereum have given solid profits in that time period. What happens in the next 6-12 months is anybodys guess.
More than solid! Bitcoin started this year at 3000, ethereum was under 100, simple math, in just 6 months you could make double profit and you can`t find better investment than that. What more this isn`t over, we will see higher prices, this grow can slow down, but it can`t be stopped.
Anyone know where to find more info about when will ethereum go POS, and generally more about that matter? I tried to search, but except some news I didn`t find any quality info about that.