Hello.
I came to this forum to research and learn more about mining before I actually get into it, I want to be 100% sure about my research. I do not plant o invest or buy immediately and yes, I know many will tell me it is a risky investment I will be making. I have learned about the basics and how the mining works.
Now I understand, you need to invest a lot of money in order to be able to generate a descent amount of bitcoins, have a minimum of 6 GPUs
But my question is (and you people probably get it a lot)
Is it and 'how' is it profitable?
For e.g., from my own learning. I have a gaming PC that I bought - for gaming of course, it contains an i5 CPU and has 1060 GTX 6gb. But I've decided to get myself involved with cryptocurrency. Yesterday I have left my PC on with a program that mines coins, I've left it for 8 hours. 6am - 2pm. Upon coming back I noticed I've only made 0.25eur worth of bitcoins. Then I done my calculation if I was to use 6 of those I'd only be making a euro and twenty cents. Electricity used from the PC would cost triple times more, so I'd only be in a deficit here.
So my questions are as following:
- How are you able to maximize your PC capacity to earn you as much as possible? (Let's say a PC budget ranging $2,000 - $4,000)
- What build exactly can you recommend? (Parts and such, if not a mining ready PC)
I'd like to thank you those who are willing to help and explain to me and for your time!
Have a great day!