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

[Brand1 1336]

For me, I have not yet tried to work in the mining field, and this is because of my inability to purchase devices and also because of the constant lack of electricity, but it is very good that you buy equipment and start mining, but before doing this you must provide a permanent source of electricity and you can do that By purchasing solar panels that generate electricity

[Fedor00 74]

No, in my opinion it's not possible anymore to make money with GPU mining. Maybe you can make a couple dollars if you keep it active for hours but that's not worth the effort 

[AkaCrafterCZ 1140]

Of course! BTC mining with GPU is not profitable anymore, but that can't stop you from mining other coins. For example, Monero is perfect for GPU mining. This coin has a potential for getting to more than 250$ per each coin in the future, so this coin is worth mining.

[bitcoinb 1359]

On 9/27/2019 at 8:12 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 am mining with 8 GPUs now. I started on December 2017. I made 2 topic about it. profitable mining require knowledge and market analysis. I don't recommend to build a mining rig now. Invest in cloud mining or trading to get a faster ROI.

[CryptoMaxim 3829]

The days of earning money on video cards are over. Repetition of profitable mining on video cards is possible if the coins rise in price at least 10 times. And now mining on video cards to the detriment of yourself and your equipment.

[Thekingcallme 1975]

Yes, mining can be done by using a GPU, but you will not get good money through it, so I do not advise you to do so.

[geezer 7582]

If you had been mining and holding Ethereum up to present for 2 years, you can easily have 3x of your costs and expenses. And it looks like the price is not at the high yet.

[SuperCrypto 7193]

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 was an easy process in the past, but it started getting complicated and getting more difficult gradually, as personal computer mining has become a thing of the past, and it has become necessary to use dedicated hardware for this purpose. So I stopped it.

[jeavilacampos 20]

Yo creo que las granjas se lo están llevando todo

[cryptopian1744 0]

I make a small profit from mining ETH with 8 GPU's, but it's definitely not making a living.  It's a hobby for me... When I collect 0.5 ETH, I trade it at an Exchange.  Like I said, just a hobby, but I enjoy it.

[b_andriy 1089]

electricity cost is one of the most problem of mining profit

[ElinoiS 43]

сейчас на GPU это не интересно, потому что электричество очень дорогое. Но если  электричество бесплатное, попробуйте 3080 и 3090 Mhs.

[pxZ 42]

electricity in like eu is to horrible to sustain some income with gpu mining

[Muayad 125]

On 9/27/2019 at 8:12 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 do not advise you to mine through the machines because it is expensive and you may lose your capital

Use trusted cloud mining it's much better and less risk

[MusicHero 15]

I used to mine on my gpu but didn't get anything, i think it's bad way to get crypto nowdays. It's better to buy miner on yobit in ,y opinion

[FIA17 44]

No I would not recommend any sort of investment now anymore as things are getting too difficult to mine and only the major players are turning profits, hobby miners are simply loosing, unless of course all of the hardware and electricity is free.

[TLKea 2]

What about cloud mining pool can we really make crypto or it is a scam?

[ayoayo 935]

So, depends on that if you can buy a lot of gpu's (especially used gpu's for small price) and there's also cheap electricity in your region. If you have enough money for that, why not? GPU mining is still actual.

[den74rus 2]

Майнить на GPU в данное время очень даже не выгодно, заниматься этим нужно было десять лет назад,когда только появился биткоин.

[mohammedshrief1554 41]

From the start you truly need to check your electrical bill and make a few counts. 

 

On the off chance that you don't have environmentally friendly power vitality, I would inform you to consider the expense concerning the electric bill on your mining spending plan (for instance for a half year time). Power costs are normally what makes many individuals quit any pretense of mining. 

 

 

[jhoeanchoeck 13]

I have mined LTC, it paid off, but I have never made a deposit.

                   https://ltcminer.com/1557421

[satella175 0]

It depends on your electricity consumption and what each kw costs

[AlexRay 54]

That depends of your local electricity costs. There was pretty nice Eth mining profit within last 3 months,

Edited October 3, 2020 by AlexRay

[Luchoalucero 22]

Hi. I am currently mining with gpu and it is super profitable, if someone wants to invest in this type of mining I recommend that you contact me, I will give you good advice.

[Kron1749 63]

Yes, it's possible. But you need to very precisely calculate your income, your electricity spending, and all other stuff. I think that now the cost of all crypto will increase, and its a good time to buy some GPU and earn money by mining. Additionally, new 3070,3080,3090 cards can earn a really big amount, for example, 3090 can give 120MHS, it's about 4 dollars in a day, that's a lot
PS: pls, like my comment, ty