Bitcoin Forum

There are many hot topic here these days whether should one invest on mining NOW. of course nobody can forsee the future and everydoy can only make estimations.

Currently the price of GPUs has really increased and no matter what some say it is not possible to find cheap ones, the only question is how expensive they will be. In most cases, under the current conditions, it would take between 6 -10 months to take your money back, depending on if you plan only to add one gpu, create a new rig from the beginning, the price of gpus you will find etc.

My question to everybody is what is the bordeline "take my money back" period that you would accept for putting your money NOW in mining. Is it up to 8 months, 9 , 5 or what ?

I have no idea about the correct action but I would "guesstimate" something like 6 months.

I received 2 notifications  of 1080 Ti and 1070 Ti availability from Newegg yesterday $869 and $559 and were able to purchase. I was at work so couldn't use BTC and additional addresses to buy more. It is still possible to get GPUs at decent price, but at a limited quantity. To me if ROI is 12 months, it's still the best investment. If I buy $6000-$7000 worth of Apple stocks (roughly equivalent to a 1080 Ti rig), what will I get in return in 12 months? At best 4%? Whereas, you can sell the GPUs probably at your purchase price or even more at the end of 12 months, or continue mining.

Below 18 months for Volta and HDD mining.

For pascal below 8 months because it's EOL soon. But in general I refuse to pay huge markups for cards even if it's within my ROI cutoff. Value at risk becomes too high. I'll put money in HDD instead.

Sorry hawk that's a very poor example because Apple rose 50% last year and I receive dividends from them every quarter, it's around 2%.

I don't think there will be accurate calculations. No one can be completely sure which way to go to the market-up, down. And there and the terms will change.

It is nearly impossible to determine ROI with GPU mining these days, a well educated guess, clever market watch and what type of mining you into can all have a factor to play.
However, if you decide to go down this road and "invest" in mining rigs, for me it works out better to keep an eye on the Compound Annual Growth Rate (CAGR)

To calculate the CAGR of your portfolio from the period from Jan 1, 2014 to Jan 1, 2017, you would divide the final value of your portfolio by the portfolio's initial value ($19,500 / $10,000 = 1.95). Next, you would raise the result to the power of 1 divided by the number of years (1/3 or 0.3333). (taken from https://www.investopedia.com/terms/c/cagr.asp (https://www.investopedia.com/terms/c/cagr.asp))

A lot of people say the they can sell the GPUs after a year for a similar price as new but will anyone actually buy them?  With new cards coming out every year and increased supply to combat demand I can’t be so sure that it will be the case.  Especially with the number of people that may be selling then..

i could sell my rx580´s for 20-30% more than i paid 9 months ago, yeah and vega prices you get now after 6 months around 100% more ^^
for me crypto is like stock trading, play only with the money you reallly dont need and dont hurts if you loose all

It is quite tricky indeed to determine the ROI.
The factors considered here are 1. cost of electricity 2. current price of the coin your mining

what you can say for sure is that if at day one you calculate the ROI and its say around 10-12 months depending on the investment cost, the time goes on reducing and the price of coin goes on increasing. Your electricity cost will remain same more or less.
It is possible to get reasonable priced gpus which are used by gamers.. maybe not in bulk.. but what i am doing is acquiring 1-2 as and when someone is selling.
I recently got 3 RX 480 for approx $1000.

then their is a whole thing of speculative mining... i recently herd people made rigs with 6 gpus and ROI'd in a month already.
But this needs time. like full time of you, to look at markets, switch miners and sell at the right time. Less automated rather.

Mining and metals stocks may not be as hot as tech or blockchain, but they're strong positions to hold moving into 2018, according to Credit Suisse analysts in a Dec. 21 note.
Steel price momentum will continue on a positive trajectory into at least the first half of 2018, with the possibility of HRC testing the $675 to $700 per ton range. The implied 6.5% to 10.4% gain in price over the next six months will come as a result of higher scrap, seasonally stronger demand and lower imports

 How much can you make investing in hdd mining?