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Author Topic: Is it worth it starting mining ?  (Read 167 times)
wrathofdarkn3ss (OP)
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January 27, 2018, 11:47:54 AM
 #1

So im pretty new to this "Mining"-Stuff, and i was thinking about maybe buying a few GPUs, but since they are already pretty expensive, and our electricity isn't the cheapest either (0.15 €/kWh), i'm not sure if it's worth it?

I mean, Profit-Calculator's say i would make profit, but the thing is, im somehow scared of literally failing/setting up everything...

Can you guys maybe share your stories how you got started with all this mining-stuff?

heraktitus
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January 27, 2018, 12:03:17 PM
 #2

So im pretty new to this "Mining"-Stuff, and i was thinking about maybe buying a few GPUs, but since they are already pretty expensive, and our electricity isn't the cheapest either (0.15 €/kWh), i'm not sure if it's worth it?

I mean, Profit-Calculator's say i would make profit, but the thing is, im somehow scared of literally failing/setting up everything...

Can you guys maybe share your stories how you got started with all this mining-stuff?



If you can find good cheap GPU s yes it is profitable. Otherwise dont.
wrathofdarkn3ss (OP)
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January 27, 2018, 12:10:45 PM
 #3

Like what do u mean with "Cheap"?

And what other hardware would I need for like a 2-4 GPU Mining rig?

Sorry for those noob-questions   Undecided
klintistwood
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January 27, 2018, 12:13:46 PM
 #4

honestly if you plan to mine with only 2 to 4 gpu it's probably not worth it, you'll have to pay for all the hardware and having only a few gpu to get back your money. Of course if you plan to have GPUs like GTX 1080, that's a different story.

13 GPU Nvidia Rig running under Ubuntu 16 (eth hash rate: 300+Mh/s @ 1000W for whole rig): 3x EVGA GTX 1060 3Gb (24MH/s @ 65W) + 6x MSI Armor GTX 1060 3Gb (24MH/s @ 70W) + 1x MSI GTX 1060 (24Mh/s @ 65W) + 3x Zotac GTX 1060 (24MH/s @ 65 W). PSU 2400W, Asrock ASRock H110 Pro BTC+, cheap Chinese risers, Kingston SSD 120Gb, 8Gb memory. Selling some of my GPUs (around 200€, still under warranty), if you're interested, contact me in private.
flip4flop
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January 27, 2018, 12:50:13 PM
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Its never too late to get into mining the only barrier you will find is the entry cost to get started is much higher now than it was a few months ago.  GPU prices are insane if you can even find them.  You would almost be better off investing directly into the coins right now until GPU stock becomes available again.  Once that happens you can re-evaluate if you want to start mining.  Your other option is start getting the components such as the motherboard, OS, RAM, Etc..... so when you find GPUs for a reasonable price you can add one at a time to your rig.
liuqi
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January 27, 2018, 01:05:01 PM
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So im pretty new to this "Mining"-Stuff, and i was thinking about maybe buying a few GPUs, but since they are already pretty expensive, and our electricity isn't the cheapest either (0.15 €/kWh), i'm not sure if it's worth it?

I mean, Profit-Calculator's say i would make profit, but the thing is, im somehow scared of literally failing/setting up everything...

Can you guys maybe share your stories how you got started with all this mining-stuff?


Mining is the current trending platform l was using solar power to my home and normal electricity also so it make huge profit to my mining rig. In current scenario all the GPU cards are good in the market.
But you should moniter a temperature in daily because GPU card warranty is only 3 months so you only careful to  maintain your mining rig.

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