I think the best time to GPU mine ETH was actually in 2016. We had a nice small bubble then of great profits but the remainder of the year we made like a steady $1.5 per 280X per day. Sure now we make like $2.5 per 480 per day however back then there was less volatility and wasn't as hectic as it is now.
At ~$1.50 per day of profits, nobody wanted to mine ETH. Craiglist was full of cheap GPUs, Newegg had tons of GPUs with rebates, miners weren't buying them. Now its the complete opposite, profits are $2.00-$2.50 for a mid-tiered GPU per day, everybody wants to mine ETH. Craiglist has no supply of GPUs, the ones listed are crazy over priced, Newegg has everything sold out. Miners are buying like crazy.
Reminds me of the Antminer S5 days of 2015. Sure the profits weren't that great, however the difficulty was almost flat for most of the year. Great time to accumulate Bitcoin back then.
Now mining has just gotten way too competitive.
Yeah the only hope I have is no one gets very much gear and price is driven upwards long enough to match diff.
It may be we get the 6-9 months os good profits.
Adding gear may be next to impossible for most anyone.
I would think this could be a good thing and keep profits up 🆙.
I now have more space and power.
I have 400 amps at 240 volts and a new space.
I can do 70kwatts easy. I got some onda d1800 boards coming on the 28th.
I could do 3x 3060ti on a board and do 100 boards no problem.
Biggest issue is getting cards. Maybe it is a good thing.
Just add a few cards a month when they show up.