$200 A Day Mining Ethereum or ETC?

in cryptocurrency •  7 years ago 

$200 a day mining Ethereum.png

How do we start mining ETH or ETC with our own equipment at home today? Will you read this post because it shows how easy it is to get started mining with a small investment in equipment and the willingness to learn how to set everything up and explains what steps are needed to decide if investing in the time and equipment for mining?

With the Ethereum price over $300 today and the Ethereum Classic price at $20, the opportunity to mine Ether is now extremely profitable! Even as Ethereum prepares to go to a Proof of Stake model at the end of 2017 or beginning of 2018 which will greatly reduce the possibility of making a profit mining, any mining rig built to mine Ethereum could easily be switched to start mining ETC or another coin after the switch with a huge potential to profit before!

In this post or the matching video on YouTube below, see an introduction to what research and purchases are necessary to begin. While I thought mining any cryptocurrency was too technical for me, I now see getting started on a small scale is relatively straightforward with scaling up possible with confirmation the initial system is working. The GREAT NEWS is that making a very basic and functional mining computer system can be done for less than $1,000! Once we verify it works, the motivation will come to scale up the system into one that easily can produce $200+ a day in profit with current Ethereum and ETC prices as explained in the YouTube video from today below along with in more detail in text below that.

In summary, using a new or used Windows or Linux machine to begin just for mining seems ideal because this will be the only need and function of the computer. For a few hundred dollars, buying a new machine to just do mining is the most basic starting point. Next, buying a small amount of graphics cards to get started is the next step to verify the mining setup is working and to get an idea of the costs to scale. While the idea of dropping $20,000 to make a mining setup that produces $13,000 a month seems like a big risk, how about starting out with $1,000 in graphics cards to produce $600 a month to verify everything works?

After confirming the setup is working, then it is logical to slowly scale up by adding more graphics cards and machines steadily over time using the profits generated as proof that more is possible with more power. While I would not start off spending much without any proof I could actually set it up correctly, after confirmation that I could indeed build a mining machine that worked, I would be motivated to build more.

The real opportunity to earn much more than $200 a day is to learn how to build mining rigs for Ethereum and other cryptocurrencies. Once we have the system down, we can just keep building more over time and then the money comes in on autopilot! This seems ideal compared to paying into a mining pool where another company is likely earning a significant share of my profits and maintains control over all of the machines.

What are the steps to start mining Ethereum or ETC?

  1. Read an introduction to mining Ethereum at https://www.ethereum.org/ether which seems to currently be the most profitable to mine today.
  2. Read another post with a summary of all the steps at https://www.meebey.net/posts/ethereum_gpu_mining_on_linux_howto/.
  3. Visit the daily profit estimate tool I used at https://www.cryptocompare.com/mining/calculator/eth.
  4. Compare with ETC profit at https://www.cryptocompare.com/mining/calculator/etc or any other altcoin to see which is currently the most profitable to mine based on the price. After the ETH switch to PoS, mining another coin will be necessary but by then all the equipment should be paid for!
  5. Learn about graphics cards because they are responsible for most hashing power. A list to get started is available at https://www.cryptocompare.com/mining#/equipment which will help with learning but then also show you that most of the ones already proven to work well for others are sold out!
  6. With a few hours of research, the single best graphics card I found for the money which is actually in stock and has same day shipping for me is the EVGA GeForce GTX 1050 Ti SC GAMING, 4GB GDDR5, DX12 OSD Support (PXOC) Graphics Card 04G-P4-6253-KR on Amazon at https://www.amazon.com/dp/B01MF7EQJZ. I chose this graphics card because all the others I looked at for a better value were sold out! The EVGA GeForce GTX 1050 Ti SC has SAME DAY delivery near me with an estimated hashing power for ETH at 12 MH which equals repayment in less than 2 months at the current price for Ether! If I was starting today this is what I would begin with by ordering 2 to 8 of these. I am not starting today because I have a trip coming up next week and am considering beginning Ethereum mining and/or being a Steemit Witness in late June 2017.
  7. Using a dedicated Windows or Linux desktop PC is ideal for mining because it keeps the computer free from any other slowdowns and keeps existing devices free for normal use. Fortunately buying the machine to run all the GPUs on is a small part of the total expense. Read https://www.bestvpn.com/ethereum-mining/ to get a good look at the parts required for the computer.
  8. Order the minimum initial parts to get started to build the desktop mining rig OR test this out on your existing computer if you have good enough graphics cards and want to start today! Note that in calculating the cost you will want to account for a maximum of 10 to 16 graphics cards per PC!

The beauty of this system is once we get it built, we can modify it to mine whichever coins are the most profitable instead of relying on a third party to continue paying us out in whatever we started with at a fixed hashing power. Thank you for reading this and I hope you have a wonderful day! If this post was helpful, would you please vote it up because that helps me to continue writing more for you?

Love,
Jerry Banfield
https://jerrybanfield.com/freecourses/
https://steemit.com/@jerrybanfield/

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  ·  7 years ago (edited)

Jerry, you might want to look into this. Its a blogging opportunity (watch till the end) for Obits, and asset related to bitshares, one of the blockchains in the Seemis family of blockchains. seems right up your alley.

How many users are signed up already? What sold me on Steemit was the 150,000+ users with 5,000 or so active daily!

let me know your thoughts jerry, i follow you here and on youtube, and find your advice very helpful and easy to understand. Thank you!

Hey king @jerrybanfield
I'm using genisis and eobot for eth mining.
Its quite interesting and do you know what I sometimes use hacks for eth mining on eobot.

Thank you for sharing this video for steemit community.

I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic...

There will always be room for miners.. PoW will never die and there will always be 'overpriced' coins to mine for a nice profit!

great post. I thought mining would be much more expensive than this. Like you, I thought it my be too technical and over my head.

Awesome @jerrybanfield !

I was just going over some this same info. Great to see it come out from you too! I'll add a hash of confidence to it😏😏😎

Exciting times!

What are your thoughts on reputable mining services such as genesis?

@itsmein3d with friends invested on Genesis Mining as well, it seems to have great terms which are ideal for making an investment easily in a small amount of time. The limitations are the long time it takes to get a return compared to making our own mining rigs plus not really owning anything. For the greatest profits, making our own mining rigs seems to be a better investment not just of the money but for the valuable learning it takes to build on our own machines which then translates to skills good for earning high dollars per hour! In summary, if we have money and just want a good return, Genesis might be the best option. If we have a bit more time and willingness to learn plus want the highest profits and have low enough electricity costs, DIY mining might be ideal!

Understood.
You have me really chewing on the idea of a home based DIY rig now...I wiIl watch your video, info and crunch some math, numerous times lol

Thanks for the amazing content and calls! It is great to hear back from you in the comments. I appreciate how interactive you are with your audience!

Agreed! Learning to build mining rigs is a great skill-set to have in the crypto space. Great summary on cloud mining vs do it yourself mining.

Good luck with finding a AMD graphic card anywhere from the uk to the us all sold out....

I have not used Genesis.

Bitcoin talk is highly negative on Genesis, even though it is acknowledged as the most legitimate cloud mining operation, and it seems it's a lot less profitable than you think. You have to contend both with price and difficulty, which is why they lock you into a 2 year contract. It sounds better than it is until you run the numbers, and find that in most cases, buying and holding seems to work better.

I would estimate using Genesis is going to cut your mining profit in half, relative to running it yourself.

that is all great but the problem is its not just the cost of the cards , you need to buy memory cpu and mother boards also hard drives , you cant just hook up 55 cards to a computer system not to mention you need to upgrade your electrical power , to handle all the cards , so you are better off just mining on the cloud.

Its less of a headache

my understanding has been that the electricity costs can really impede profits?

Would you recommend AMD cards for mining. I'm looking forward to buy RX 480 but I am not sure because there are many opinions for pros and cons of Nvidia vs Amd mining cards. Any help? Thanks for this article very much, very helpful to future miners.

The AMD cards seem to be preferred so much that there is a shortage! Trying to actually order one is challenging and for that reason I think I might start with NVIDIA because they are easy to order.

I don't understand these prices of card going from 100 to 1000$. Will be going for NVIDIA for altcoins. Maybe 2 cards for the start. Celeron, power supply and 4 gb RAM. My opinion is that it's better to mine low price and difficulty coins like Siacoin et cetera.

Check out nicehash.com for comparisons and projections of returns for various cards

I got a Sapphire RX580 Nitro+ Limited Edition at 27MH/s, estimated to mine 0.01X ETH per day. The whole setting consumes ~500W/h (it would be more power efficient in multi-GPU), you may take mine as reference. AMD is saying to be better than NVIDIA based on the power efficiency. You can see the higher hash rate of 1070 / 1080, but the price is higher as well.

Nvidia cards are more expensive to buy in general, but also more efficient. With electricity in Germany being 3x the price of north American electricity, it would have been a really bad idea for me to go and even pay a premium just to get one of the few AMD cards available.

Hi Jerry,
Great post! I have been thinking also about setting up my own mining rig but as im not that technical i joined genesis mining which has been good for me and been earnig quite good 😊 so this post has me getting excited again to start setting up a mining rig. Going follow the steps you pointed out to see if I can get started...also good to start small and build out.
Keep up the great work!
image
Best regards,
André

yeah Eth to da moon

interesting indeed.

Especially all the comparisons.

As I live abroad atm, I will propaply stick to genesis mining

interesting. I'd love to get into creating rigs. which is more profitable right now... Ethereum or Ethereum Classic?

Ethereum is currently but it is going to switch to Proof of Stake within a few months which will likely eliminate the profitability. Starting with Ethereum and then switching to ETC or another altcoin seems like the current best option!

thanks Jerry! Is Ethereum Classic going to switch to PoS or only Ethereum? I suppose it would be smart to stock up on some Ethereum so the stash will grow when PoS comes around...

Started mining about 2 weeks ago. Can't wait to start mining ETH! Thanks for the guide @jerrybanfield

Any luck yet?

Hey there, did you purchase rigs? Where and how?
Thanks

using my gaming pc at the moment.

Thank you &surprisebit

$200 A Day Mining Ethereum or ETC - good idea )

@jerrybanfield What are your thoughts on GenesisMining cloud mining? I've been using it for two weeks now, and they're very safe and reliable. Invested $200 and will get ROI in 4.5 months, but the twist is, you get two years of mining, and there are no maintenance fees or electricity costs.

Thoughts?

@roberttene with friends invested on GenesisMining as well, it seems to have great terms which are ideal for making an investment easily in a small amount of time. The limitations are the long time it takes to get a return compared to making our own mining rigs plus not really owning anything. For the greatest profits, making our own mining rigs seems to be a better investment not just of the money but for the valuable learning it takes to build on our own machines which then translates to skills good for earning high dollars per hour!

I agree. I've actually wanted to put out a couple of GPUs in the garrage but my mom was against it because of the electricity costs and noise! xD
Maybe I can convince her though..

Thanks for replying man! You're the reason I'm on steemit in the first place. Been following your youtube channel for half an year now!

also you can still sell your rigs

True, but there might be a huge sell-out when the change to PoS happens so that's gonna be harder to sell during that period. It's estimated to start at the begining of 2018

also true.

but I think there will be another coin to mine by then.

Will see what the future holds.

I would buy some hashrate from hashflare with the credit cards. I chose them simply because it's much easier to buy their plan w/ cc compared to genesis mining. With the current rate of Ethereum....You will make profit in the long run. Good luck!

On Step #3, make sure to take a look at your actual electric bill and check what your kilowatt rate is. It can vary wildly depending on where you are and make a huge difference in your own profitability.

I'd also suggest working in equipment depreciation. Generally systems running under high load are prone to needing regular tune-ups. I can't recall how many fans and other items I've had to replace.

Finally, I'd consider re-running any set of final numbers through an Eth price of $100 and $200, just to get an idea of how much profitability will drop on market pull-backs. I'd assume needing to weather one at some point.

Thanks Jerry.

I am still waiting for my ETH/ETC mining rig! coming soon! Thanks Jerry!

FIRST! :P

Once again good content! Thankyou for taking the time out to brief us all up! :)

mining ethereum is defenitly a good move! I think the value will just go up now... good luck with the mining! (:

  ·  7 years ago (edited)

I personal don't mine but with the new crypto prices I will start move out my room and set up mining machines lol

btw jerry im still waiting on The Superior Coin Pre-Sale Video from you is that going to happen?

Thank you for recommending this because I have forgotten about it and now I will plan to get that video out soon!

Excellent !!!

Thank you for the information. This insight does help shed some light on whether mining is a good economical choice at this point.

I'm still mining Ethash on my 4GB cards and Equihash on my 2GB cards. I was a little afraid that mining would not remain profitable. I'm more confident that after ETH goes to POS there will still profitable alternatives with Ethash & Equishash algos. Today I'm mining ETH & ZEC.

There are days that I still switch it over to Nicehash and let it produce some btc without the hassle of exchanging.

I cloud mine 175 mh/s @ genesis mining...mining ETH and ETC..$40 per day...ROI 150 days :)

I think genesis mining is currently the best idea.

I was watching your video from youtube, but stopped 1/2 way because Im not ready for that yet, but I will be back to learn it once my investments start to bring in fruit!!!!!

@watchout2017

Domi

I used to mine but stopped after i was worried about the crazy amount of heat that builds up and paranoid about fire risk when i was sleeping etc.

Well, you can easily configure both power- and temperature-limits, as well as fan speed.

Very intresting but it got me thinking.
I have a small mini PC with a rather good graphics card. Now i don't have the money to buy high gear equipment but do you think i should use this to "test the water" like you said and if the revenue gets good enough i could consider go higher?

@brianalex wondering the same thing with my Mac Pro which has two good graphics cards! For trying mining, I will test the system I have before I buy anything new!

lol I try to mining with 9 pc :D and I make 0.8 $ in 1 day ....and I pay 20 $ power ....you need asic machine (400-1000$) ...with graphic card you lose money :(

Wow!
A lot to learn here.

I just love this statement @jerrybanfield: "The beauty of this system is once we get it built, we can modify it to mine whichever coins are the most profitable instead of relying on a third party to continue paying us out in whatever we started with at a fixed hashing power."

Good luck finding any rx 400 or 500 series available :)

Been thinking of doing this for a while now. Thx for the guide i have been looking for so long.

Just what i was looking for today actually. Thanks yo. I am just going to talk to 2 people about setting up rigs. And I wasnt sure what coin to try to start mining.

Good luck finding any rx 400 or 500 series available :)

ehhh I live in a town where there is probably 0 people mining bitcoins, I have to drive 150 miles at least to buy bitcoin from a btc atm. I dont think I will have trouble finding old graphics cards. But ya thanks

wow lucky you im my country doesn't not exist yet btc atm

Your the Best Jerry!

High Jerry nice vid! Do you think a top of the range AMD graphics card from 3 years ago would still be good to mine with today? I did a tiny bit of mining back then but since then the graphics card has hardly been used.

or over $200 posting on Steemit about earning $200 a day ETH mining

Hi Jerry! I've been telling everyone here on steemit that you're one of the reasons why we have a high user influx lately. I watch a video you had posted on facebook about steemit and i was hooked!

Thanks alot for what you do. I have been your student on udemy

I am realy hyped for this, because my job is all about hardware and computers. Sadly the power cost in munich is about ~0,30$ per kW/h :C

You forgot to mention the power consumption, cost of the other hardware like mainboard/cpu/..., space renting cost and so on. The profit may not that high

Thanks for the help I have been looking into ethereum mining for a while this was a great way to layout the steps.

  ·  7 years ago (edited)

By the way jerry, don't pair nvidia with linux.

It. is. pain!!

Thank you for posting this Jerry. It's well laid out and packed with great information. I've just recently been researching mining and bought a small contract on genesis. Really appreciate all you do!

Thanks. Convinced this is not for me.

Interesting video but as as someone who has been mining crypto since 2013 . you didnt adjust your watts in the video and efficiency is key when mining ( watts per m/h)
also you wont be able to run 50 cards in one house unless you upgrade your house to handle the load. on top of that you didnt mention the heat these cards produce you NEED cooling and downtime of rigs will happen as well.
and there are many other things such as bios modding and overclocking cards to improve watts and hashrate. Also there are fees when mining such as pool fees and mining program fees etc. lastly the 8k to start in the video is way off for 50 cards your looking at more like 14k and that is not including psu, motherboard, ram, ssd/hdd, cables, risers, cpu, cooling, etc.
If you're going to mine please do a little bit more research or you will lose money. or you can cloud mine and pay a big premium for less work.

thank you for adding some reality :)

I loved mining in 2013 on doge and litecoin. I might have to get back into it again! Like always watch all you videos and love em! I am Thecoinkid on youtube if I ever post on your videos

I have been mining eth for some time now. Reallly good time to mine and hold. Once converted to pos the earning in eth could be transferred over to pos wallet. Thank you. As always great content!

Where I live, it costs $50 / month to upgrade to business account, which is the only way to get a static IP address. :(

Same here.

I did a hosted PIVX node instead.

I have been mining with nicehash for aroudn a month. Today I just got back from a 3 week holiday to find the 6 x RX570 Cards that I had ordered have arrived. So I have just plugged in 4 of them to up my mining. I love mining and intend to convert all my earned BTC to steem power.

Congratulations @jerrybanfield!
Your post was mentioned in my hit parade in the following category:

  • Comments - Ranked 9 with 110 comments

maybe its easier to mine with NiceHash (Welcome to NiceHash, the most advanced crypto currency cloud mining, hash rental service and multipool.)
You can mine without any knowledge, just start the program and let it run.

I would like to eventually set up a mining system, thanks for the info Jerry!

interesting idea @jerrybanfield

keep the vids coming :)

Yeah! it's really working

This is great basic info for beginning miners. You do have to be aware of electrical issues in residential homes. Max wattage for a 15 amp socket is 1800 watts. You only want to pull about 80% of that. The last thing you want is a house fire. Most five card mining rigs pull 900 to 1100 watts. Make sure you do your research before running multiple rigs. Stay safe!

Thanks Jerry for being awesome and sharing! I really enjoy your content

Hi Jerry. I have actually been thinking about getting into mining myself. Only been trying Zcash and some Monero for testing purposes. How is the power usage for Ethereum mining like?

Thank you for your insightful post.

I had always wanted to mine. Thanks for the info

mining ethereum classic is more profitable than ethereum.

@jerrybanfield thank you very much for the educational videos you just raised my interest and started mining right away thank's to your advice! 🖖👽👍

I bought Nvidia Geforce GTX 1060 6GB for 300€ few months ago and now it has made me ~1000€ money in cryptocurrency ! My computer is just a basic computer only the graphics card is good ^^ And I play a lot and turn off the mining while I play, so it's not mining 24/7. Easy money! ;)

is it true brother? thats awesome

I have no reason to lie about it ! :) I'm a cryptonewbie but my friend @inity has taught me a lot !
I'm now investing in Ethereum, Nexus, Burst, Golem, Ark, Steem and First Blood :)

very nice.. i might consider buying a good gpu for mining aswell . thanks for the insight. But in average how many house in a day you're mining?

What are you going to mine? I'm mining ETH with GPU, Nexus with CPU and Burst with hard drive.
I assume that u meant hours not house? :D
The Burst mining is on 24/7, but the other ones maybe 16-24 hours per day, depending on how much I play!

what's your processor? i am thinking mining of fantomcoin.. do you mine also in minergate?

I have Intel i5-3450 @ 3.1 GHz so it's not the best but I bought this computer many years ago and only the GPU has changed. Still works like charm!
I used to mine Monero (also XDN) with Minergate, but now I don't use it at all. I still might get back to it later, it was very simple and easy to use.
I don't know much about fantomcoin, so I can't say anything to that..

I see yea monero is a very good choice as well. My processor is amd a10 so i think it should be just fine. I just need a good gpu hehe

Mining all these currencies on the same computer at the same time?

How about the internet speed,should we take that into account also?

Really cool! Thanks for helping me get started in mining cryptocurrencies! Keep the great content coming!! :)

Helping a friend build a mining rig this week! Will be looking at this post again for some advice choosing parts.

Great post. I will definitely start my minig rig ASAP. Thanks again.

Jerry, you have made some pretty good video's but there are a lot of scary mistakes here. Need to do bit more research on the subject. Our channel is dedicated to this subject. If you guys get lost, stop on by ...

Its true, 100%. But I think Nvidia GTX 1070 will produce about 30MH/s for eth, that would bring more profit, what do you think @jerrybanfield ?

I was not sure to invest to mining, but now I think I am going to make my first mining rig on Radeon RX 580 4 lub 8GB x 6. Great post, thanks Jerry. Love yours videos

in the long run etherium wont be worth mining, but you can better do it now before the hash rates go trough the sealings hehe. what do you think about stratis and golem i did some research on them i like the idea

Jerry I love all your videos! I watch them all, I think you have great energy in every post you make me so excited and I continue to share your videos with my family and friends trying to convert them over to steemit. Wonderful work on here we are so glad to have you and app all you do with promotions for steemit.com
speaking as a artist here on steemit who has been greatly inspired by this movement ;)

Very good article jerry. I follw you for a long time. Hope you added the value in the same way.

I had bought a contract yesterday for ether. Everytime I going into my account bitcoin is allocated as being mined 100%. I have changed this to ethereum 5 times and it keeps saying bitcoin. Is the normal? But, I am still mining ethereum, because I bought an ethereum contract! Thanks for any help

its a very good information. I really appreciate you keep sharing.
Ethereum mining is a best idea.
Thank you

I have started mining Ethereum recently and your post is going to help a lot to boost that up. Thanks a lot for sharing tips Jerry.

This is great information that is sure to inspire many more into mining.
please upvote,reply,resteem and follow @victorvazco thank you, you're awesome!

@jerrybanfield im here because of you ,this is lifechanger to me . Big respect proffesor 🙂🙂🙂🚀

I've always wanted to start up a mining rig. Now I just feel like the difficulty's are too high. My buddy Christopher has a rig with 4 cards and he makes almost 2 eth every week.
Thanks for sharing this info @jerrybanfeild !!!
I definitely going to do some more research and get my mining rig set up.

I'm going to look into this since I already do web hosting in my basement and have a few linux boxes that are not in use. I have a free static IP as well. I just need to see if I have the high quality graphics cards needed. I currently am able to upload a 5mbps and download at 20mbps. Hope that is enough. Thanks!

This is very interesting i will defiantly look into this Thank you for Sharing

nice input, was thinking about mining some time ago but didnt quite get to it.
keep us updated how it´s working out for you.

steem on!

Thanks jerry! Super helpful. Might see me mining next month with my very own mining rig.

Jerry this is the complicated way.. No need to download geth. Download claymore... Much easier... End of month Nvidia is coming out with cards made specially for mining for 250 each. 6 cards will generate 1k a month.... Your numbers are way off.

What you're missing is other expenses, you can't just buy 50 GPUs and expect to ROI in a month.
You'd have to get 8 PSUs, 8 motherboards, 70ish risers, processors etc.
You'd have 5000$ in other expenses.

I wish I still had my GPU rigs. :-(

hello there jerry my frend made 430.000 $ earning with ether and want to buy a lamborghini
so i m searching someone or some company to accept ether for a lamborghini exchange.

Better buy stocks, then just rent a Lambo sometimes using the dividends. Just saying.

I was just thinking the same!

  ·  7 years ago 

@jerrybanfield, if I can become a Steemian early enough and read this article 10 day before, I might have setup my own machine at home mining already.
However the researches I did basically pointed me to another direction of mining, Genesis-mining. Reasons are simple:

  1. Electric bill is extremely expensive here in Hong Kong
  2. Mining at home is too noisy and hot, we have small.....very small apartment only
  3. GPU cards that are good for mining machines are all sold out without nay expected stock up date.

So I decided to take cloud mining as a starting point. My Genesis-mining plan is now running for about 10 days, still hard to tell if it is profitable or not, but at least I see a little bit of ETH being stored. Waiting to get my first payout in another 22 days time.

Just bought two Avalon7 mining machines. That aver 7thz of mining power. We plan to mine ETH for awhile until it gets to difficult. THEN switch over to an asker altcoins that is gaining fast monetary value and then trade for ETH 🤑 Thank you for this post. Hope to make $200 a day with these crypto madness!

Jerry - President ! :D Your the best !!!

Wow! Wonderful post as just as I am thinking about building my own mining rig... then you posted something like this. You are heaven sent @jerrybanfield

Hi Jerrybanfield

You are the reason I am here today if I think better
I have been following you on YouTube for about 6 months now and I want to say that you are a true blogger
Thanks for your hard work
I am your new follower
Please follow back
Many thanks

Great information @jerrybanfield. I was considering getting into mining ETH myself and was wondering if the upcoming ETH switch to PoS is going to impact mining?

There is absolutely nothing wrong with mining ETH, EXCEPT, how its going to come to a screeching halt in Nov. I feel terrible I couldn't get involved sooner. I literally just remembered about cryptos a few weeks ago, and by then, late to the party. I'll squeeze out MAYBE 3 coins by Nov. if im lucky. Price needs to fall for a bit, please!? :)

nice idea.. i am very interested in mining some ETH or LTC.. but i thought ETC is scam?

You make it sound quite straightforward @jerrybanfield - very much food for thought. Thank you.

Hi Jerry, I watch most of your videos. Thanks so much. I am already mining Ethereum and a few other cryptos. Today, with a rig that cost me EUR 2.600,-- to build, I have a revenue of EUR 28,--/Day and EUR 5,--/Day electricity bill. Check out my configuration here: https://steemit.com/cryptomining/@lucky.digger/a-test-rig-that-cost-me-eur-2-600-to-build-costs-5-electricity-per-day-and-has-revenue-24-per-day-is-that-a-business

i commented you on facebook if you can make a clip regarding how to set up the system thanks man

I'm looking to building my own mining rig for ethereum. I have no idea where to start. But I'm def. looking to get reading to learn. lets do dis.

  ·  7 years ago (edited)

First let me say the content you post, particularly on Youtube, and Steemit is of superb quality and I wanted to thank you for your many informative posts!

 Second, I personally think Ethereum is the future of cryptocurrency.  So many new and exciting things can be made with Solidity, I don't think ether gets the credit it deserves, most people just think it's a platform to release ICOs on, well that may be true, it's so much more than that and we're only now BEGINNING to scratch the surface of what's possible.

Hype

again 392, Soon we are going to back in 400 Club ;)

Invest in ETH it is soon going to $450+ . currently around $380 . Already made $50 Profit in 6 Days.

What would happen if ETH went down in value? $200 a day would be great but I'm concerned about the ETH hype and if it will continue to go up.