Is it still Worth mining Ethereum New Year 2022

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[nicenice]

My rig 707 MH/s used 1840 W and I paid $850 a month. But when the price of ETH dropped, I had to stop mining. The cost of electricity in California is very expensive

[blackmennewstyle]

Be careful though, profits on ETH seems to be dangerously on the decline since middle of December 2021, let's hope ETH will have some little bumps in the upcoming months :$
We are actually in 2022 already here in Thailand, so Happy new year from the future my brother <3
2022 looks good so far! Enjoy these precious moments of life with your family <3

[roofusdoofus]

Hi! Love your videos. You need to add the supply charges, delivery charges, and fixed fees to get your cost/Kwh. Best way to do it is divide your total bill of $311.70 by your monthly usage of 1282 Kwh. In your case that's $0.24/Kwh, which is on the higher end but that's the cost for living in NYC.

[sylvainguinepain]

Great video! very informative. Thank you very much.

[daydreaminginventor-k]

Dude, your are more miner than investors

[tommyflynnmusic]

Dude thank you so much, channel
Is awesome

[John-eqcu]

You math is fuzzy. Your electricity $311/1282 kWh is $0.24 cents per kWh, not 12. SO just FYI, it's twice as expensive to run your mining rig as what you think.

[jakejoyride]

Intel will release new GPU in q1 2022 you think you market will crash?

[bryanleong]

Did you bought the RX 6600XT? The price of each GPU was around 900 USD? Those are insane scalpers price TBH. Normal miners will only calculate a 10 months or below to break even when selecting the GPU.

[advlive]

Happy new year previous poor investor and new rich investor🤗🤩🥂

[thcbeatscostarica]

people. just find your own way of mining and you will get money, not forever, but you will

[goldengoose]

2.5 years break even and you don’t even consider the fact that ETH 2.0 will probably come out way before that. I think anyone would be silly to overpay for graphics cards right now… best thing to do is try to snatch them up at msrp and no higher.

[micahinfo]

Reported hash is the hash reported from the miner. Effective/network/pool hash rate is based on the shares you find and will fluctuate. Ultimately, it's all just a calculation of averages based on your reported hash rate. Your earnings will be pretty close to what ethermine forecasted.

[ariffaffifuddin]

mining still worth it this year? im about to start mining. please advice.tq

[jakejoyride]

2 and half year? I hope you heard eth is going proof of stake in few months so that means no longer mining

[KillaBitz]

used 5700s and vega's are starting to pop up and the price looks tempting but only if the market holds.

[KillaBitz]

Some BIOS's top out different. You might not get 9 PCIe (IRQ Addresses maybe?)
I have some boards that max at 6 even with PLX multiplexers (aka splitter cards)
It's always worth trying but don't ever count on it (you should be able to count on 6 even with micro-atx BUT...)
I have a j5040 with one x1 gen2 slot and that is 1 GPU max.

[sebastianm]

Didnt you say youre using 6 out of 8 cards atm? And wouldnt that mean the total cost used for calculations shpuld be reduced by the price of the other 2 cards youre waiting for?

[myrddinwyllt]

I think you are underestimating your hashrate. I would base your hashrate off what is showing in the miner. The value on the website will fluctuate based on accepted shares. You will probably ROI in about a year since you didn't get MSRP. If you got MSRP it would be around 6 months.

[elmarsauro]

Long term investment is fun and fruitful 🙂