Considering new miner

[Jcw67]

I've been lurking in the background for the last few weeks when I've had time in my schedule.  Thanks for introducing some interesting ideas into my head. I'm curious to this groups opinion on building a new miner at the time. Right now I currently have zero electric costs because I write it off through my main company shop. However I've seen a lot of negative feelings to the building set ups but I wanted to ask for an opinion. I've got about 30k cash in the slush fund I'm thinking of throwing at it and have the luxury of a computer tech working in our office so that's an easy support option. Wanting honesty feedback on this as I'm leaning towards GPU mining probably with Nvidia cards but am not 100% sure.

[1713481514]

1713481514

[1713481514]

1713481514

[1713481514]

1713481514

[1713481514]

1713481514

[edwardceng]

yes, that's a good idea.

how many you want to buy a graphics card from NVIDIA?, this list is usually bought by miners (1060 6GB, 1070,1070 ti, 1080,1080) and there are rumors NVIDIA will release a new product is 11Series in July

[Ballscack]

Not to mention fpga era is comming... 

[edwardceng]

something common in technological developments, especially in Altcoin Mining. at started from the Bitmain will take over the Anti-ASIC algorithm until the FPGA comes back from sleep.

[din5min]

I would wait for more news from nvidia/amd. Could all change fast in so many ways. not even talking FPGA or ASiCS. Its too risky right now.

[leowonderful]

Yep, we're in very interesting times the way things stand in the GPU world right now. There's supposedly new GPU developments coming from AMD and NVIDIA that may or may not be significantly better for mining than currently available GPUs, and FPGAs and ASICs are being developed for almost every single algo you can think of right now, though many algos are actively forking to prevent this (and difficulty is rising, coin prices dropping all through this)- one of the most prominent examples of mining rewards dropping on an ASIC is the Baikal BK-N- rewardsthrough Nicehash began around 0.0012 BTC/day about a month ago, and rewards have now dropped to around 0.00057 BTC/day. For I wouldn't go all-in on rigs nor ASICS/FPGAs right now, but buying one rig or two and waiting to see what happens in the future might be a good idea for you.