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Title: Profit GPU Mining 2017? Post by: abader000 on March 15, 2017, 11:45:26 PM Hey guys. im new to Crypto-Money and started to invest and mining several weeks ago.
Everywhere on the Internet they tell that starting to mine in 2017 isnt profitable anymore... Actually i can mine with my 4 RX470 100MH/s ... thats a monthly profit of around 150 USD (calculated with electricity price) So why is it "not profitable" ? in 6 Month i have the money i spent back and after that point its profit. For passive income not bad i think. Can someone of you explain this "not profitable" arguments? Title: Re: Profit GPU Mining 2017? Post by: philipma1957 on March 15, 2017, 11:46:35 PM Hey guys. im new to Crypto-Money and started to invest and mining several weeks ago. Everywhere on the Internet they tell that starting to mine in 2017 isnt profitable anymore... Actually i can mine with my 4 RX470 100MH/s ... thats a monthly profit of around 150 USD (calculated with electricity price) So why is it "not profitable" ? in 6 Month i have the money i spent back and after that point its profit. For passive income not bad i think. Can someone of you explain this "not profitable" arguments? many people say you can not make money in an effort to trick you into not mining. I have 28 cards that earn about 1600 per month the power cost is about 300 so I clear over 900 a month. the gear can be costly to start up. 4 rx 470's = 700 to 800 usd. 1 psu = 100 to 150 1 mobo = 80 to 150 ram = 50 ssd = 50 so 980 to 1100 for a four card rig. your gamble is will prices hold in your favor. if they drop a lot you could lose. if they hold up you can do well Title: Re: Profit GPU Mining 2017? Post by: Zeta0S on March 16, 2017, 12:24:08 AM Hey guys. im new to Crypto-Money and started to invest and mining several weeks ago. Mining difficulty increase maybe?Everywhere on the Internet they tell that starting to mine in 2017 isnt profitable anymore... Actually i can mine with my 4 RX470 100MH/s ... thats a monthly profit of around 150 USD (calculated with electricity price) So why is it "not profitable" ? in 6 Month i have the money i spent back and after that point its profit. For passive income not bad i think. Can someone of you explain this "not profitable" arguments? I must say I am doing great mining coins, love to se them pop up in m,y wallets. Specially DASH, hitting 100usd today Title: Re: Profit GPU Mining 2017? Post by: bittawm on March 16, 2017, 01:30:39 AM Hey guys. im new to Crypto-Money and started to invest and mining several weeks ago. Mining difficulty increase maybe?Everywhere on the Internet they tell that starting to mine in 2017 isnt profitable anymore... Actually i can mine with my 4 RX470 100MH/s ... thats a monthly profit of around 150 USD (calculated with electricity price) So why is it "not profitable" ? in 6 Month i have the money i spent back and after that point its profit. For passive income not bad i think. Can someone of you explain this "not profitable" arguments? I must say I am doing great mining coins, love to se them pop up in m,y wallets. Specially DASH, hitting 100usd today da da da da.....dash :O |