At today's prices it would take 10 months to pay back 1 1080ti before you made $

[Digital Drug Lord]

How can a miner get mining in 2018? Prices are just to high

It would take 10 months just to make your money back. And then you start to see profit



My 1 1070 can only pull in maybe $5 a day it would take me 7-8 months before I paid it back and made money...

Smart investment? How are people paying these prices?

[baga105]

Mining is not a short term investment.. I hate poeple who think that they will have a miner and instantly become rich...

[PKBO]

How can a miner get mining in 2018? Prices are just to high

It would take 10 months just to make your money back. And then you start to see profit



My 1 1070 can only pull in maybe $5 a day it would take me 7-8 months before I paid it back and made money...

Smart investment? How are people paying these prices?

look 3 months back, 5 USD with 1080ti was normal... than it boosts up to 15...

10m ROI is still good, compare it with any other investment....

[flip4flop]

While the prices are insane right now you have to look back a little way to see we are still seeing great returns from each card.  it used to be much lower.  I still wouldnt recommend anyone buy at these insane prices.  You can still get cards for good deals just need to be lucky and quick when they do come in.

[QuintLeo]

It's not 10 month ROI if you avoid paying CRAZY GOUGE PRICING.

10 month ROI isn't all that bad anyway - same ballpark most ASIC miners have been in for a long time - and one HECK of a lot better than *ANY* normal investment can manage.

 The past year spoiled a TON of folks with the crazy high returns.

[Digital Drug Lord]

It's not 10 month ROI if you avoid paying CRAZY GOUGE PRICING.

10 month ROI isn't all that bad anyway - same ballpark most ASIC miners have been in for a long time - and one HECK of a lot better than *ANY* normal investment can manage.

 The past year spoiled a TON of folks with the crazy high returns.

You can't avoid the prices. Unless you buy used. And chances are your buying a video card that has been beat to death.

Plus places aren't offering warranty on video cards. Pny said they can refuse to fix their video cards because of the shortage



Not really. I have seen more money buying come

[dagarair]

Its funny that people thing a sub 1 year ROI is bad?  Not much out there would ever do that.

I am mining with a 1 x 1080Ti when Lambo? 

[Metroid]

look 3 months back, 5 USD with 1080ti was normal... than it boosts up to 15...

Who is making $15 per day mining with a gtx 1080ti? the thing is barely making $5 and a gtx 1080 is being sold for $1200, using the calculator + total cost will return your investment in 400 days.

[dhouse]

ahhh, the ol' mining is not profitable discussion.

i love reading posts written like a year and a half ago about how mining is not so profitable, and then thinking about what crypto values are now compared to then...ha!

but yes, mining is a long term play with some risk involved. but even if coin prices literally stay exactly the same over the next year, you still are making pure profit after that, and you also still have the gpus which have value. and once it's running it's passive. is that so bad?

also imo i think mining pos/pow coins - or just pow coins and then trading them for pos coins - is a really underappreciated move, should up your roi at least a bit

I am mining with a 1 x 1080Ti when Lambo? 

lol

[philipma1957]

How can a miner get mining in 2018? Prices are just to high

It would take 10 months just to make your money back. And then you start to see profit



My 1 1070 can only pull in maybe $5 a day it would take me 7-8 months before I paid it back and made money...

Smart investment? How are people paying these prices?

buy an evga 3 year warranty.  

so that is 36 months

spend 1000 on a 1080 ti hybrid

set up 6 on the 8 slot mobos  

cards  cost 6k
mobo 200
bigass atx 400
stick of ram 50
cpu 100

total cost 6700   every part but the mobo has 3 or more year warranty.

you will do 4200 sols use 1200 watts

30kwatts a day
900kwatts a month     at 20 cents  power is 180 usd.

4200 sols of zcash = 34 a day

which is 1020 -180 = 840 a month x 12 = 10080

no business generates  that set of numbers  with almost no work

and I used 20 cent power cost.

so 10080 - 6700 = 3380 profit in a year and you own a machine with 2 years on warranty.


this means 1000 a card for an evga hybrid 1080ti  is a bargain

[VegasJeff]

The extreme GPU shortage right now is Insane. Never seen anything like this.

While at first look 10 month ROI looks good, in my opinion, it is very risky. Profitability could be 10% of what it is now in 3 months then how long would it take to get your ROI? Look at what happened when new ASIC's or GPU's hit the market previously. If coin prices go up you will do good but it's very unpredictable.

[Mike011]

How can a miner get mining in 2018? Prices are just to high

It would take 10 months just to make your money back. And then you start to see profit



My 1 1070 can only pull in maybe $5 a day it would take me 7-8 months before I paid it back and made money...

Smart investment? How are people paying these prices?

Well, when i`ve entered into the "business" roi for my 1080 ti`s was 12 months +...

[dagarair]

The extreme GPU shortage right now is Insane. Never seen anything like this.

While at first look 10 month ROI looks good, in my opinion, it is very risky. Profitability could be 10% of what it is now in 3 months then how long would it take to get your ROI? Look at what happened when new ASIC's or GPU's hit the market previously. If coin prices go up you will do good but it's very unpredictable.

It was the same as this last summer...

Profitability can also be 1000% of what it is now with coin price changes etc.

Case and point I sold a dude a miner that paid me in eth last year.  He paid 38eth at that time it was 4K

[leowonderful]

Nobody ever said mining was not risky. You shouldn't be considering mining anything at all without being okay with extreme volatility in profits. With profitability being extremely high in the last few months I feel like many people have forgotten about this.

[Metroid]

The extreme GPU shortage right now is Insane. Never seen anything like this.

While at first look 10 month ROI looks good, in my opinion, it is very risky. Profitability could be 10% of what it is now in 3 months then how long would it take to get your ROI? Look at what happened when new ASIC's or GPU's hit the market previously. If coin prices go up you will do good but it's very unpredictable.

People are stupid, they have no idea of what could happen to them in few months, paying these overpriced prices is taking a huge risk, in 2013 the problem was not gpu's shortage or increase in gpu prices, it was really the coin price crashing, ltc hit $50 and it crashed to $0.55, that was almost 100 times crash. So imagine now if coin prices crash 100 times again, imagine if eth  which is $1000 crashes to $1, not going to happen cause this year is eth's year and many people are betting on that but why mine something that can be very risk cause of gpus prices instead of just buying the coin is stupid.

[Mark68]

I'm new to this. But I'm OK with 10 month payback.  I guess I have never been spoiled by a 3 month payback of the past...

[mineoneone]

Given some of the recent ASIC releases and Volta on the horizon that 10 months could get a hell of a lot longer. On a positive note the release of Volta may see secondhand 1070/80's come onto the market and bring prices down to more sane levels.

[tadeus1]

If you believe that miners would sell current generation cards    Gamers would probably sell - yes. but limited quantity.
Usually what I've seen before is miners just buy more cards. The moment they sell (speaking large scale) is when the card is totally useless for mining. Which would take at least 1 more year for the current generations video cards.   I think the future is more and more video cards put into mining, bigger difficulty, higher hashrates, profits returning where they should be, not like the end of Dec craziness and may be more NiceH*** clones shaking the hashrates

[ltcsprite]

10 months to completely get your money back?

Sounds like a fuking STEAL.

Tell me one other business venture you can capture your money back in 10 months.

Name one boys.

PS. this same shortage happened during the summer and people claimed you would never get your money back at that rate.

Most are mining for the wrong reasons: money.

[Digital Drug Lord]

10 months to completely get your money back?

Sounds like a fuking STEAL.

Tell me one other business venture you can capture your money back in 10 months.

Name one boys.

PS. this same shortage happened during the summer and people claimed you would never get your money back at that rate.

Most are mining for the wrong reasons: money.

if you opened up a business and couldnt pay your workers, take money out to pay the bills, or even pay for food for 10 months you workers would leave and you would die of starvation.