Is Ethereum ETH Mining Still Worth It

Jan 10, 2018 - When we started mining Ethereum in June 2017, it was worth around $360 and we made 1 ETH in under 10 days. This slowed to 1 ETH every 33. NiceHash has since come back online, but our rig is still humming to the sound of Ethereum mining – thanks to its rise in price. Our Ethereum returns are still. Aug 28, 2017 - Profitability from ETH mining will reduce significantly over the next few months. Ethereum Price Forecast: DApps Might Send ETH Price Soaring in. DISCUSSION Is ETH Mining worth it? My card isn't as good as yours and I still make 2 a month. Your problem is the rising difficulty in mining ETH. It has doubled in a month. Just four weeks ago a 200Mh/s rig setup could have been bringing in $800+ profits per month.

Welcome to, the front page of the Web 3. Rules • No inappropriate behavior. This includes, but is not limited to: personal attacks, threats of violence, gossip, slurs of any kind, posting people's private information.

• Keep price discussion and market talk, memes & exchanges to subreddits such as • Keep plain ICO advertisements to subreddits such as. • Keep mining discussion to subreddits such as. • No duplicate threads. • No spamming or drive by posting. • No misleading titles.

• No creating multiple accounts to get around Reddit rules. • English language only. Please provide accurate translations where appropriate. Can You Still Mine Electra ECA 2018. • Posts and comments must be made from an account at least 10 days old with a minimum of 20 comment karma.

Exceptions may be made on a discretionary basis. • Public moderation logs. • For a complete list of rules and an Ethereum getting started guide,. Resources • & • & • • • • & • • • • • & • • •. It all depends on you goal. If your goal is short term fiat reward, it's very hard those days. Difficulty and hashrate are exponentially growing, eth/USD exchange is still falling down, electricity cost won't go down and cheap used GPU are hard to find.

But if your goal is just to accumulate as much ether as possible to see it's exchange rate raise on the long term it's probably worth it. But be aware that this is a high risk bet as we can not be sure it will raise.

You could lose everything at the end. But you can also win much more than short term reward. Anyway, spend only money you can lose while building this rig and mining.

You can also mix strategies by getting your ROI on short term reward and then accumulate. But don't forget that energy has a cost. If you're in a cold area, use all the thermal power of your rig to heat the house and shut down your heaters! This will then be very valuable to mine. I heat my working room with my rig. And as POS will probably end all mining work soon, I hope it will come before the weather is too hot 😉 • • • •.

Welcome to, the front page of the Web 3. Rules • No inappropriate behavior. This includes, but is not limited to: personal attacks, threats of violence, gossip, slurs of any kind, posting people's private information.

• Keep price discussion and market talk, memes & exchanges to subreddits such as • Keep plain ICO advertisements to subreddits such as. • Keep mining discussion to subreddits such as. • No duplicate threads. • No spamming or drive by posting.

• No misleading titles. • No creating multiple accounts to get around Reddit rules.

• English language only. Please provide accurate translations where appropriate. • Posts and comments must be made from an account at least 10 days old with a minimum of 20 comment karma. Exceptions may be made on a discretionary basis. • Public moderation logs. • For a complete list of rules and an Ethereum getting started guide,.

Resources • & • & • • • • & • • • • • & • • •. It all depends on you goal. If your goal is short term fiat reward, it's very hard those days. Difficulty and hashrate are exponentially growing, eth/USD exchange is still falling down, electricity cost won't go down and cheap used GPU are hard to find. But if your goal is just to accumulate as much ether as possible to see it's exchange rate raise on the long term it's probably worth it. But be aware that this is a high risk bet as we can not be sure it will raise. You could lose everything at the end.

But you can also win much more than short term reward. Anyway, spend only money you can lose while building this rig and mining. You can also mix strategies by getting your ROI on short term reward and then accumulate. But don't forget that energy has a cost. If you're in a cold area, use all the thermal power of your rig to heat the house and shut down your heaters! This will then be very valuable to mine. I heat my working room with my rig.

And as POS will probably end all mining work soon, I hope it will come before the weather is too hot 😉 • • • •.