At op. most people fuck up by rushing in and buying too much gear.
lets us say you build a 3 card 3080 rig. you got good prices and paid about 2600usd to build the rig.
it does 270mh which is about 19 a day
it burns 700 watts which is about 2.50 a day at 15 cent power.
you are netting 16.50 a day
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soooo 2600/16.50 = 158 days.. paid the gear off. Seems like building 2 or 3 or 4 rigs works.
maybe it does or maybe it does not if there is a crash.
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build 1 rig and hold 2600 cash on the Side for the second rig.
and mine if there is a crash even if you mine at a small loss. WTF?
this is mine and hold. And can garner big profit.
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you need to weigh both methods above.
Pedal to the metal full speed ahead vs slow and steady wins the race.
I dance between the two.
I study a lot of ratios.
coin price
coin difficulty
my cash on hand
my gear on hand
my debt
my coins on hand
I juggle all that.
Here is a method that can help.
sell off used gear at good prices
look at ebay right now.
https://www.ebay.com/sch/i.html?_from=R40&_nkw=s9%20hashboard&_sacat=0&rt=nc&_udlo=75&_udhi=200look who is selling the cheapest used working s9 hashboards. Me
way better than anyone else. Why is that? because I held spare parts. hoping for coins to go up in price. thus spare parts go up in price.
So rushing in to build can be a bad move. or not. It is what makes this fun.
