Bitcoin Forum
May 27, 2018, 06:03:58 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Noobish Ethereum Minig Rig Question  (Read 47 times)
eekje87
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
January 20, 2018, 07:27:51 PM
 #1

Hi there,

This might be asked a lot but here it goes.

I have some spare cash and being tech savvy I want to build my own  +- 150 MH/s ETH mining rig.
Now based on current difficulties and price if they stay the same rig should pay itself back within 3-4 months.

My friends however are telling me that difficulty will increase and maybe even after a month or two my earnigns
could go -50% or could slowly deminish as time passes.

So is it worth it? Should i worry that my rig will quickly become useless? I see with BTC miners how fast technology progressed from gpu's to asics etc etc.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527401038
Hero Member
*
Offline Offline

Posts: 1527401038

View Profile Personal Message (Offline)

Ignore
1527401038
Reply with quote  #2

1527401038
Report to moderator
1527401038
Hero Member
*
Offline Offline

Posts: 1527401038

View Profile Personal Message (Offline)

Ignore
1527401038
Reply with quote  #2

1527401038
Report to moderator
1527401038
Hero Member
*
Offline Offline

Posts: 1527401038

View Profile Personal Message (Offline)

Ignore
1527401038
Reply with quote  #2

1527401038
Report to moderator
Wusolini
Legendary
*
Offline Offline

Activity: 1204
Merit: 1000


no need to carry heavy money bags anymore


View Profile
January 20, 2018, 07:33:26 PM
 #2

Nobody can say this for sure.
GPU rigs have advantage they are versatile. So if the ETH mining won't be profitable you can always switch to another coins.

see https://whattomine.com/ to find other coins you can mine with.

I would say if you are investing spare money ( not your life savings ) then go for it.

smoolae
Full Member
***
Offline Offline

Activity: 266
Merit: 101


“Revolutionising Marketing and Loyalty”


View Profile
January 20, 2018, 08:23:26 PM
 #3

Nobody can say this for sure.
GPU rigs have advantage they are versatile. So if the ETH mining won't be profitable you can always switch to another coins.

see https://whattomine.com/ to find other coins you can mine with.

I would say if you are investing spare money ( not your life savings ) then go for it.

Truth has been spoken! Smiley

ETH is not the only coin out there... Wink

flip4flop
Full Member
***
Offline Offline

Activity: 238
Merit: 122


View Profile WWW
January 20, 2018, 08:44:23 PM
 #4

If you have the spare money and want to learn a bit then I say go for it.  The problem you will run into will be finding GPUs for a reasonable price in today's market  You can start small an piece yourself together a 6-12 card rig.

https://theminerhub.com/mining/newbie-guide-part-3-amd-edition/

2stout
Full Member
***
Offline Offline

Activity: 252
Merit: 125


View Profile
January 20, 2018, 09:58:42 PM
 #5

There are definitely other profitable coins besides Ethereum and in some cases more profitable.  Something else to keep an eye on with Ethereum will be the difficulty and when it is to switch from PoW to Pos.

▶▶  BTCitcoin 2  ◀◀    Scalable Bitcoin Fork with instant verified payments
██████████████████████████████
Low Fees! Truly Anonymous Transactions Join the discussion thread
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!