Quote from: dhemasm on April 29, 2020, 05:22:50 PM

Quote from: Kodaman on April 17, 2020, 03:31:41 PM

Mining is currently dead. Better to save up your energy..

With current condition, Looks like mining it's not dead and was great option if you have cheap electricity cost (Mine cost around 0.05-0.07/kwh today, Discounted because this pandemic) and before if you have full work but getting Termination of Employment or something else that keeps you from getting paid from your previous work, i think it's good choice. I personally already buy 1 RX 580 8gb around feb-march and stil wating for another to come (Maybe Next week) i have the problem like i said above, so it's good option for me to get some earning beside do some trading until this pandemic end and get another full time works, Cheers mate.

And for this topic, i think it's better to stay off from miner gate and join other pool.

At the moment its not possible to earn a living with just sitting at home and mining. You could do this at anytime before 2018 but right now the profits just aren't there. In mid 2017- early 2018 there were periods where a GPU like RX 570 earned about $5 per day per GPU. So if you had 20 of these GPUs you would of made $100/day. So about $3000 which is like a full time job. The GPUs quickly paid for themselves since they were relatively cheap.

Right now the same GPU makes like $0.25 and if you pay for power, almost all of the profits go to the power bill. Even with free power you would need like 500 of these to be able to earn a living, its just not possible at the moment. Network is too saturated because there are too many miners out there.