THE OFFICIAL CRYPTO MINING THREAD. LET'S GET THIS BREAD BREHS.

[Neo. The Only. The One.]

WHY? YOUR POWER BILL WILL BE COVERED BY THE EARNINGS. WHAT'S YOUR ELECTRICITY RATE?

Don't get me wrong tho. It's always been my plan to do this. I'm just not ready yet.

My plan all along was to get a building and operate from there. I agree with you that that's the best course of action.

 

[MR. SNIFLES]

Well I don't have 47k laying around to throw at this, the amount I would need to invest to reap these rewards you talking about and cover my expenses

THAT'S TOP END EQUIPMENT. YOU CAN FIND A TIER THAT'S AFFORDABLE FOR YOU. MY RIG WAS ABOUT 4K AND GENERATES ABOUT 400ISH.

HELL, YOU CAN BUY 1 3090 AND IT WILL GENERATE ABOUT 182 BUCKS A MONTH WITH A 2200 INVESTMENT.

 

[Capitol]

I WAS GOING TO GET INTO THAT. WHEN ETHEREUM 2.0 HAPPENS, MINING WILL CHANGE BUT THERE ARE OTHER PROFITABLE COINS TO MINE. TALKING ABOUT THEM IS KINDA POINTLESS AT THE MOMENT BECAUSE NOBODY REALLY KNOWS WHICH COIN WILL BE THE NEW THING TO MINE. WE HAVE ABOUT 6-8 MONTHS BEFORE 2.0.

Fair enough. I'm definitely interested in getting my first rig going but I didn't want to be stuck because a lot of the estimates on ROI is based on ETH

 

[MR. SNIFLES]

Fair enough. I'm definitely interested in getting my first rig going but I didn't want to be stuck because a lot of the estimates on ROI is based on ETH

IF THE 2.0 BOTHERS YOU AND YOU WANT TO BE SAFE, JUST GO THE 3060TI ROUTE. YOUR ROI WILL BE ABOUT 8 MONTHS. THAT WILL PUT YOU AT 2 MONTHS LEFT AFTER THE LAUNCH. THEN, IF THE MONEY AIN'T LOOKING RIGHT, YOU SELL THE EQUIPMENT AND GET THE MONEY BACK. YOU WILL PROBABLY CLEAR PROFIT AND YOU'LL BE OUT. I WOULD DEFINITELY LOOK AT AN EXIT STRATEGY THAT PUTS YOU IN THE BLACK IF THINGS GO LEFT.

 

[Michael's Black Son]

THAT'S TOP END EQUIPMENT. YOU CAN FIND A TIER THAT'S AFFORDABLE FOR YOU. MY RIG WAS ABOUT 4K AND GENERATES ABOUT 400ISH.

HELL, YOU CAN BUY 1 3090 AND IT WILL GENERATE ABOUT 182 BUCKS A MONTH WITH A 2200 INVESTMENT.

yeah the ROI won’t be some instant shyt but I’m wondering what’s a realistic per month profit looking like for someone with a “basic” rig with one graphics card and just keeping things simple

 

[MR. SNIFLES]

yeah the ROI won’t be some instant shyt but I’m wondering what’s a realistic per month profit looking like for someone with a “basic” rig with one graphics card and just keeping things simple

GOT YOU.
WhatToMine - Crypto coins mining profit calculator compared to Ethereum

THIS WEBSITE WILL GIVE YOU GOOD ESTIMATES FOR EACH TYPE OF CARD. IT WILL GIVE YOU ESTIMATES FOR MULTIPLE COINS AND CARDS. JUST CHOOSE YOUR CARD AND QUANTITY, SET YOUR ELECTRICITY RATE AND CALCULATE. IT WILL GIVE YOU PRETTY GOOD ESTIMATES. IT WAS ALMOST DEAD ON FOR ME UNTIL I FIDDLED WITH THE POWER OUTPUT. I LOST SOME COMPUTING POWER BUT GAINED A BUNCH OF EFFICIENCY.

 

[QuintessentialMan]

Honestly we should just come together and get a node or do staking or something some shyt on crypto dotcom

 

[MR. SNIFLES]

Honestly we should just come together and get a node or do staking or something some shyt on crypto dotcom

NOTHING WRONG WITH THAT.