Is it profitable to mine Ethereum on video cards now?

Question

Video cards

A year ago, as I know, it was profitable to mine on relatively new video cards. Has something changed now?
Is it much more profitable to mine on equipment specially designed for mining. And is it profitable to rent such equipment?

Answer 1

Profitable or not profitable - it depends on how you count.
If you already have a video card and you do not pay for electricity, it should be beneficial for anyone, because. there are no expenses.
If you pay for electricity - that's another matter. Here it is already necessary to proceed from the price of your electricity.
It can also work at a loss.
If you want to buy a video card for mining - definitely not! Do not do this. Contact mining pools, invest in them according to their rules.

Answer 2

I started mining cryptocurrencies on the genesis-mining cloud. I invested a little to test the profitability, while the expected payback period of investments is ~ 327 days, with a contract for 2 years, i.e. yield for 2 years at a constant exchange rate and complexity (which is unlikely) ~ 223%. If you are interested in trying it, use the promo code na5Bj1 when buying power on the site, get a 3% discount.