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December 18, 2017, 12:20:36 PM |
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I guess it will all depends on where you live. For example, here where I live GPUs were always overpriced, as expected because of high taxes, but while the price is rising outside my country, here the prices are more or less the same as it was a year ago, it means that the profit almost doubled compared to the past few months.
Mining have it's pros and cons, but IMO mostly of the pros comes to those that benefits from currency parity value: your country's currency x USD for example. If the rate is good the profit will usually surplus the cons, but if you live in a USD-based country or similar in price, the real income will occur only with high investments, I will put down a few numbers.
Imagine 3x 1080 Ti rig, right now it gives you $6/day per card average before electricity cost (at least I'm earning it), it gives you $18/day total and $540/mo total. With $540 you can pay some bills at an average place, yes, but you have to consider the electricity bill as well, so you will have in the end +- $430 to $450, with this you can pay some other stuff but usually not even rent plus house bills. If you convert it to BRL, then you have R$1530, enough to pay for all bills if you live on an average place. The same goes if you live in places like Venezuela, China, and so on.
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