Wow I totally only cal for one GPU at 25MH/s so it should be 150M/H/s (6 GPU) in the above mining calculation. So with that being said that. Per Month: 7.1827 ($329.3696) ETH Power Cost: $11.7000 per Month Profit: $317.6696 per Month. So that 93.6 ETH a year (give or take) In 4 month the rig will be paid for. For example, say my mining hash rate is currently 250 MH/s and we use CryptoCompare's Ethereum Mining Profitability Calculator to project my gains. For example, if this were Jan 2016 and we were mining ETH, and spent $3000 for a rig and supplies that produced us (for academic purposes) 30 ETH. Search, order and filter through all Bitcoin mining companies, mining pools, bitcoin mining equipment and ASICs and ethereum cloud mining contracts Prices are updated. Become a shareholder of an ethereum mine and earn monthly ETH dividends. Our token will be exchange tradeable. ICO ends 31st October 2017.

I don't understand why others ASIC resistant cryptocurrencies such as Vertcoin and Monero aren't worth mining. It's not worth buying a high-end GPU to mine these coins even for those who don't have to pay for electricity bill. And it's pretty expensive here (~$0.121).

I'm about to buy (1) R9 280x HIS R9 280X IceQ Boost Clock 3GB GDDR5 PCI-E DLDVI-I/HDMI/2xMini DP + (1) 750W PSU. I'm confident that I will be able to ROI, but it seems too risky because nothing else is worth mining with it besides Ethereum. I made this same question in Bitcointalk and a veteran told me 'we will talk about another more profitable coin in 1-2 years, guaranteed.' , so we don't need to worry about it stopping being profitable soon. I asked him/her how s/he can be so confident, and the reply was that it's because it happened 3 times before. I said that it doesn't mean it will be the same thing from now on just because of that. He didn't reply me anymore.

Can My Pc Mine HTMLCOIN HTML here. This would be like me buying Apple stock for $100 a share and Apple promising that it will never go below $100 a share, it won't happen. Bottom line, if there is interest, if there is people to provide to a network, there will always be an incentive. How To Mine Viacoin VIA Cash Bcc.

Platforming a new blockchain tech to the enthusiast community is and will continue to be the bridge/stepping stone. Is there GPU life after Ether? Most certainly, there is a lot of investment in GPU farms these days, as some would say, follow the hashrate. Profitability will be spread out some, but have faith and never overspend what you cant get back.

We will provide a costing spreadsheet on our next episode drop, this will allow you to keep taps on B/E. Working on finishing the API calls for difficulty/pricing. I don't understand why others ASIC resistant cryptocurrencies such as Vertcoin and Monero aren't worth mining. The primary reason that Ethereum is so profitable isn't because it's ASIC resistant but because it's the only coin with a generalized intrinsic value. That value being that ether is the only coin that can run a Turing Complete smart contract (or more technically the only coin that enforces a Turing Complete contract to 'halt').

So the platform itself has general practical value above all other crypto's and that value grows with broader adoption. The high profitability of mining now is only because the mining infrastructure has not been able to keep pace with the growth in value. The huge Chinese farms that are coming online now are putting a huge dent in the equation though.

Regardless, the devs made a pretty sterling effort in making Ethereum ASIC/centralization resistant, but that resistance has been weakened now by the delay in PoS. But, that just means we get to mine longer, even if it's harder. As for what to do with GPU's post PoW, maybe other coins will come along but if Casper (PoS) proves itself then that kills pretty much all need for PoW on any new coins.

I don't think many people in crypto actually realize how many problems Ethereum solves and that we are looking at a pending extinction level event for just about all other alt-coins, and perhaps Bitcoin also. So with no other alt-coins and no GPU PoW, your options are to try and sell on a depressed market, or to actually realise the actual comput value of having kickass super computers in your lounge room. With projects like you'll be able to hire out your compute power through Ethereum to industries such as science, mining, CGI movie producers, etc.who generally need huge capital to invest in their own super computer data centers. It might not be any more profitable than PoW but, I personally think it a lot more worthy than just wasting energy.

That said, it's still very profitable which is why huge farms are being set up because it will continue to be very profitable till the end of time. I have cards to help those who want to mine that I need to get rid of so PM me if you wanna buy some Ask they will tell you to keep buying cards to mine till the day you die! They'll vouch for this movement. Meh that's nothing. Still profitable.

We'll you've certainly changed your tune But no I've never said that, I believe in plenty of natural limits before death.

Ether is the digital currency of Ethereum. Ethereum is an open-source, public, blockchain distributed computing platform featuring smart contracts functionality and the ability to perform financial transactions, with Ether - ETH as it's token. A large community of developers, along with big tech companies, and even larger banking consortia, have adopted Ethereum's blockchain technology as their platform, to join this new era of tech challenges.

Ether, is rapidly becoming the vital fuel to keep the new WEB 3.0 running. Learn more about Ether here. Blockchain requires enormous computing power in order to function. As it is decentralised, computers around the world offer to do the job. These are custom made systems, made solely for this purpose, and apart from being expensive, they also require lots of electric power to operate.

They run full force 24 hours a day, year round. Their job is to process transactions while certifying the blockchain network, and whenever there is a match, there is a reward. As of the time this is written, the block reward is 3 Ether. Ether Mining can both make you money and help the new WEB 3.0 grow fast, which in turn will bring a better ROI. Ether mining can be achieved either by running your own rigs, or by renting hash power on a mining farm.