Hello,
Have been active in crypto for about 6 months now and thinking about buying my first mining rig.
Thinking about mining etherium or just let it run on nicehash. (Approx. 300 mh/s system)
What do you think is this profitable or is it better to just invest the money in crypto?
Power is quite expensive here about 0,26 usd per KWH
Is it also true a system will last about 2/3 years?
Know about the calculation sites but not sure if these are accurate.
Thanks
System can last longer also if you take care of it well but that power cost is quite expensive already compared to what others pay for mining so you are competing with miners who pay .04-.10 cent USD for power to make money out of mining, make up your own mind