Buy GPU now or wait till new ones are out??

[Doranile432]

It will take you a year to get your return of investment if you choose asic miner instead, GPU mining profits is not that good anymore and checking websites like whattomine shows that asic is the best

[1715150015]

1715150015

[1715150015]

1715150015

[1715150015]

1715150015

[1715150015]

1715150015

[1715150015]

1715150015

[1715150015]

1715150015

[rdluffy]

It will take you a year to get your return of investment if you choose asic miner instead, GPU mining profits is not that good anymore and checking websites like whattomine shows that asic is the best

I think Asics have a different approach, you can estimate the ROI in a year from now, but them Bitmain comes and launch a new asic and the old became almost obsolete and you won't have access to them until it's too late
And with Asic you won't have a lot of coins to mine, and another thing is you can always sell GPUs for different kind of people, so only do Asics if you really knows what you're doing

[OasisDre]

I'm getting a RX 580 for $200 and ASRock H110 Pro for $40. Electricity here is a 10cents per unit on average. Would it be profitable if I started a mining rig?

If you are too consign about electricity then buy RX570 instead, they draw lesser electricity than RX580, as for me I'm better off with latest cards

[rdluffy]

I'm getting a RX 580 for $200 and ASRock H110 Pro for $40. Electricity here is a 10cents per unit on average. Would it be profitable if I started a mining rig?

If you are too consign about electricity then buy RX570 instead, they draw lesser electricity than RX580, as for me I'm better off with latest cards

I don´t see reasons to buy new 570 or 580 at this point, a 5700XT can do 53mhs at 100w, it's more efficient, and this should be considered
570 and 580 can do 27 or 30mhs at 130w, and with the progpow a 5700xt could be way better than old cards
I would buy 580 only if find a very cheap one

[Fedor_V]

It will take you a year to get your return of investment if you choose asic miner instead, GPU mining profits is not that good anymore and checking websites like whattomine shows that asic is the best

If exchange rate fall then the asic will be useless. You can sell GPU to gamers, but price will be low, but more that nothing.
Anyway I stopped mining in 2018. Two of my GPU were burned.
I think, it's better to buy/sell BTC or etc than use mining.

[Akiiiil]

Find a couple of cheap second hand gig would be better