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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: It is too late to start mining? on: December 23, 2017, 08:20:12 PM
Not too late, you need to buy the right equipment and buy enough GPU to compensate for the cost of the rest of your hardware (motherboard, cpu, memory,...). Anything below 6 GPUs is probably not interesting unless you invest in very expensive gpus like 1080 type of cards. Electricity cost is another factor to take into account.

I was break even after 3 months with my 10 gpu rig (see details in my signature). I mainly mined ETH but also mined other coins when they started to become profitable.





klintistwood,

Might want to put a meter at the wall and see what your power draw is what you have listed seems a little unreal .. especially if it is in full mining mode...   ( Hash rates seem a little low also did you mod there bios ) .. please let me know and looking to make another rig and if your post are true would like to know how you set things up...
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: It is too late to start mining? on: December 23, 2017, 11:25:19 AM
I would have to say no not to late at all !!!  

I stared mining about 3 months ago and then it was half the profit it is now .. I started out with a 6 card miner that cost about 2.400 to build mined ETH .. it was only at $360 or close to.. i was making about $200 a month (now it would be $300 plus) and power was costing me about $80 and the other $120 i put on CC to pay off hardware. Then it would of taken almost 2 years to pay off... Now at the $$ it is at would cut it down to 10 month's if i just ran the one rig..
But i cough the bug well learning how to build my first rig and seeing the price of ETH going up only concluded that more hash rate the more $$$ it will make ... I am in for about $5000 now and running 2 rigs ...  14 cards total dual mining and doing  366.7 Mh/s ETH / 4,820.8 Mh/s SIA  power cost $180 ....   but the est of $$ on nanopool as i am writing this is ... $924 month ETH and $71 SIA... so total of $995 .. (that will go up as we just had a whole dip in market was over 1300 just for ETH when it was in $800+) but at $995 .. $180 for power that $815 used to pay off hardware... around 6 months and paid off...   less when it hits $1000 a ETH coin...   and when they do the fork and change its proof, i will just start mining a different coin then as some others will come more profitable to mine by then....     i would tell you as long as your build a rig that pays for itself and the becomes pure profit ... oh its well worth it... cant wait till it pays last cc bill off and that $815 goes in my pocket per say ...  thats the house payment .. :-)

hope this helps out...


PS.. am thing of mining PASCAL instead of SIA... it up to $1000    .. and can duel mine with ETH..  finding out I will get way more $$$ for hash rate...


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