Is it even possible to make money with GPU mining right now? - Page 7 - Mining - CryptoTalk.Org Jump to content
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Is it even possible to make money with GPU mining right now?

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No, I did not mine yet, because I do not think it is really profitable, if I do not have mining equipment, then mining requires a lot of energy and time. Currently, I do not advise anyone to mine.

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For me I stopped mining because there was a problem with the power supply but I did not try to replace it because of the very bad conditions of mining, very difficult low prices trivial profits.

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I advise you to buy mining equipment in one case, which is to ask a lot about failed experiments first, then try to get a free source of energy, such as projects that generate electricity from wind energy.

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now you cannot mine through the GPU of the CPU of any mobile or computer if you want to make mining gigs you need to use the graphic cards and different kind of mining equipments

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Yes especially if you have the capability to buy the best graphics card for mining cryptocurrency. But you need to consider things before you will start mining cryptocurrency. The financial if you can provide the tools and equipment also the electricity because mining cryptocurrency is very pricey but it is worth it once you are starting to earn.

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You can't get a significant amount with mining an established coin since the difficulty is huge.

On the other hand, mining new coin is a total gamble because therr are very few projects which may have a good future. That's why it's important to analyze the coin which you are going to mine and speculate its future value.

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Mining is only profitable if you create a big bunch of cpu's and gpu's for mining with the help of shares of other peoples with you.

 

Then you can get huge profit in it ..

 

Small mining machines are not too much profitable

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Dear , mining equipment are very expensive and you have to provide a place to this work and you have to keep it cooled and you need a cheap source of electricity and after all this you will not make sure of how much to earn, you may work and not earn what you have paid, so if you have a good capital it is best to use it in trading, it is way more profitable. 

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I don't think it is possible to make money with GPU anymore because these GPU aren't made for mining purposes and while using them all day and night their performance may down heating occuurs,you need best cooling source.The biggest problem in Mining is the price of electricity. Mining by GPU no longer gives acceptable results, especially with the increased difficulty of mining.

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