Is it even possible to make money with GPU mining right now?

[Beromnia 733]

greetings to you all
Mining by GPU no longer gives acceptable results, especially with the increased difficulty of mining with the half event in May 2020 in addition to the high price of electricity.
Buying mining equipment for a novice investor, if you are referring to Antminer equipment is a good investment but it is expensive

[Ridam 7455]

I don't think gpu mining is profitable any more it's because these gpu arenot made for mining purposes and while using them all day and night their performance may down heating occuurs you need best cooling source and all these makes huge electricity costs so trading is more profitable these days until you have huge Investment

[Ionescu 115]

I don't think it is possible to make money with GPU anymore because mining has become very hard right now. If you have enough money to buy equipment then mining could be profitable even as a newbie 

[Win 1015]

I dont think so its more profitable on a sites or forum like this than anything else and i believe also 30,000satoshi is not a big income.but when you collect it i think its more profitable than gpu mining

[Nakamoto 279]

37 minutes ago, miroumoh said:

hello from this side of the world Yes, you can get money from mining on the graphics card, but this consumes a lot of electricity and you have to be patient to get a good profit.thanks for this topic 

Is the price of electricity cheap in your place? If yes, congratulations. Actually, electricity can be reduced by reducing the power of your GPU settings. I only use 75% at the moment.

[Ricardo Walker 196]

I do not trust any kind of mining sites and also I think that these are very risky to mine in those sides because most of the sites are scam

[Sabba092 115]

On 9/28/2019 at 12:27 AM, Consignee said:

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.

I have been mining Epic Cash for a while. It was good to go with CPU somedays ago but now difficulty has increased.

Yes we can make or mine the coins but they are all in loss.  Because we can only make  1 dollars per day with the cost of electricity 3 dollars 

[Ridam 7455]

On 9/27/2019 at 11:57 PM, 1millionClub said:

Do you still mine? If yes are you on free electricity? What's the situation now? Would you recommend purchasing mining equipment to a newbie investor?

I'm not mining any coins but i don't think mining is profitable unless you are in cooler region and have free electricity along eith huge investment,  so go for trade instead of mining

[Man 741]

25 minutes ago, SCB1234 said:

Agreed. There is the most opportunity for the individual at the very beginning of a promising coin. But, over time, the energy it takes is a cost. The cost of the gear is an investment. The equipment becomes obsolete very quickly, and no one wants to buy used gear that is already exhausted.

From the initial mining until the equipment is obsolete, if calculated unprofitable then do not do that. Except from investments in mining equipment, the mined results have returned capital and profits. So the old equipment is not a problem. as long as it can still be used.

[Soaib khan 1035]

I not have much idea about mining because I not do mining but my some friends telled me now mining not profitable giving very low amount.

[KURTAULI 1297]

The biggest problem in Mining is the price of electricity. If you have cheap electricity Mining is the best source of income.  In my opinion it is also good to use solar panels. You can work the miner 24/7

[melikf78 987]

yes it is possible but consider some people use asic miners for mining and asic is stronger than gpu and actually gpu dont have chance to mine a lot of coins because stronger device get more coin.

[Grease Lightning 169]

If you know how to set your GPU then you still make a profit. This has been published in various articles. Especially with the price of bitcoin now, it will be more profitable.

[Morganshtern 1774]

We have seen many local traders take a trench from those who report the closure of everything and some do not declare it intentionally. Just maintain each other's abilities.

[Morganshtern 1774]

We have seen many local traders take a trench from those who report the closure of everything and some do not declare it intentionally. Just maintain each other's abilities.

[Nakamoto 279]

On 2/9/2020 at 9:24 AM, Tara Akter said:

The biggest problem in Mining is the price of electricity. If you have cheap electricity Mining is the best source of income.That i primarily obtain diverse gold coins at this minute in trusts an person influences it all significant.

 

Electricity is the main source of mining. For that, we must be able to make our mining equipment as efficient as possible in consuming electricity. Another solution is to use solar or wind power.

[Balimovic 7]

The return is too small one can not really any serious money or else he will be wasting time doing nothing for himself

[rekter 8129]

On 9/27/2019 at 9:12 PM, 1millionClub said:

Do you still mine? If yes are you on free electricity? What's the situation now? Would you recommend purchasing mining equipment to a newbie investor?

I wouldn't waste mine on it. GPUs have a life span and i rather use mine to render graphics then to speculate if i can make some money from it, especially when i can buy btc relatevily cheap without wrecking my gpu.

[jacker 1095]

Free electricity, I'm not sure with you, but it will be a bit more profitable. But with GPU mining, it does not bring much profit. If the energy in your country is free, come to it.

[Hanan951 841]

On 9/27/2019 at 9:12 PM, 1millionClub said:

Do you still mine? If yes are you on free electricity? What's the situation now? Would you recommend purchasing mining equipment to a newbie investor?

 

On 9/27/2019 at 9:12 PM, 1millionClub said:

Do you still mine? If yes are you on free electricity? What's the situation now? Would you recommend purchasing mining equipment to a newbie investor?

Mining not that good and you need to by to make good earning and also all your money will fade away in a second when the site close for no reason stay safe and trade or invest...

[kadayakito 765]

mining is no longer profitable, GPU mining is not good, I think wait a bit longer, go ahead, if you have free power then it's okay.

[Ssking93 51]

As mining complexity increases and returns are more than a year away, for me, it is now more profitable to buy cryptocurrency in the market and wait for growth, in fact, I will not start investing in mining anymore

[hamo86 214]

look you need to calculate the cost of the rig and monthly return to know the average of the returning your capital 
also the difficulty of mining may increase at any time specially if there is a halving event for the coin 
electricity is free in your country ? it is very weird but electricity is not the only factor you should look 
for me i do not recommend individual mining 

[Huma khan 0]

Mining is not profitable work. It is dangerous for device. It continuously worked automatically. It becomes cause of hanging mobile.

[abdelbaste 2]

Too little too too GPU you'll know that profit in