Is NiceHash Still Profitable with Radeon RX 580 ?

[cryptocoinplay]

Hello, I'm totally newbie about bitcoin or croypto mining. I just used NiceHash profitability calculator and found that its possible to make $4.43+ everyday with AMD RX 580 8GB .
But is this calculator really legit can how long this kind of GPU mining will be profitable. Is this good to Invest $400 for a GPU or leave it? I need expert ideas who are already with this kind of business.

For better understanding I have attached the picture below:



Now its about Investment as I don't have any hobby to play High-Reg games or etc to afford a GPU I can only purchase If I can Make Money with it. And Is it really legit to mine BTC's with GPU? How long it will go?[/b]

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[Cereberus]

Hello, I'm totally newbie about bitcoin or croypto mining. I just used NiceHash profitability calculator and found that its possible to make $4.43+ everyday with AMD RX 580 8GB .
But is this calculator really legit can how long this kind of GPU mining will be profitable. Is this good to Invest $400 for a GPU or leave it? I need expert ideas who are already with this kind of business.

For better understanding I have attached the picture below:



Now its about Investment as I don't have any hobby to play High-Reg games or etc to afford a GPU I can only purchase If I can Make Money with it. And Is it really legit to mine BTC's with GPU? How long it will go?[/b]

Yes it is legit. You can make even more when you overclock your AMD RX 580 8GB GPU. I think the profit you can make daily depends on some factors, like difficulty, people who are mining the specific coin and your electricity cost. However I suggest you to buy RX 580 as it just needs 2.5 months to ROI as you can see for yourself there. I use Nicehash to mine in all my mining rigs and I can confirm it is legit.

[cryptocoinplay]

@Cereberus

Yes it is legit. You can make even more when you overclock your AMD RX 580 8GB GPU. I think the profit you can make daily depends on some factors, like difficulty, people who are mining the specific coin and your electricity cost. However I suggest you to buy RX 580 as it just needs 2.5 months to ROI as you can see for yourself there. I use Nicehash to mine in all my mining rigs and I can confirm it is legit.

Which currency I should mine and how the earnings will be? I'm confused.  
How to build a My Computer which will run 24/7 and make money?
I must need to purchase Instant Power Supply for Electricity Backup but also need the PC to be cool always as it needs to run for 24/7.  

[baga105]

@Cereberus

Yes it is legit. You can make even more when you overclock your AMD RX 580 8GB GPU. I think the profit you can make daily depends on some factors, like difficulty, people who are mining the specific coin and your electricity cost. However I suggest you to buy RX 580 as it just needs 2.5 months to ROI as you can see for yourself there. I use Nicehash to mine in all my mining rigs and I can confirm it is legit.

Which currency I should mine and how the earnings will be? I'm confused.  
How to build a My Computer which will run 24/7 and make money?
I must need to purchase Instant Power Supply for Electricity Backup but also need the PC to be cool always as it needs to run for 24/7.  

If you don't care about the coins you will mine, keep using Nicehash miner, because it converts your "coins" directly into BTC. The earnings depends on the difficulty and the hashrate you got..
You can simply use your "gaming" computer if you have one --> install Nicehash, set your  BTC wallet and enjoy

[Guvn0r]

If you have a gaming pc like I do,  you can run cryptonight on cpu on Nicehash miner and claymore's dualminer running eth + pascal  on gpu.. it will give u almost 5-6 $ per day.. This is what I run at the moment with my RX 480 and 4770k.

Good luck.

[cryptocoinplay]

If you have a gaming pc like I do,  you can run cryptonight on cpu on Nicehash miner and claymore's dualminer running eth + pascal  on gpu.. it will give u almost 5-6 $ per day.. This is what I run at the moment with my RX 480 and 4770k.

Good luck.

Which GPU you are running dear?

[Guvn0r]

If you have a gaming pc like I do,  you can run cryptonight on cpu on Nicehash miner and claymore's dualminer running eth + pascal  on gpu.. it will give u almost 5-6 $ per day.. This is what I run at the moment with my RX 480 and 4770k.

Good luck.

Which GPU you are running dear?

AMD RX 480 8gb, powercolor red devil

[cry4crypto]

NiceHash calculator doesn't take the difficulty increase into account though. Your earnings will most likely not be as big as the projected values, but I still think it's a good investment nonetheless.