Therefore, Ethereum mining is still profitable at the moment , although not as profitable as it has been in recent months, but in the coming months its profitability could drop quite a bit, especially if the price of ETH does not increase.
Read moreHow much does an Ethereum mining rig make?
27, the estimated daily profit for an Ethereum miner using a single GPU was $4.59 . For Feathercoin, by way of comparison, miners were estimated to lose $0.58 per day. Obviously, to generate a significant amount of profit, you’d need to host a large number of GPUs using these calculations.
Read moreHow much does it cost to mine 1 Ethereum?
At a price of roughly $2,800 per ETH (at the time of writing), that’s quite a bit of value, but it only works if you actually solve a block. For all but the most dedicated of mining operations, the steady payouts that come from joining a mining pool are a far safer approach.
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