a reply to: neo96
I have been looking into pretty heavy.
The cheapest I can find any gtx 1060 6gb to buy now is from a Chinese vendor for $400 a piece, which is an inflated price.
There are a lot of videos showing people still have not made a profit mining ethereum because of the start up cost.
I think that ethereum mining, like you said, is for those with already established rigs. Or for people with money to start up huge set ups. Although
there are still profitable coins to mine. I was looking into z cash, which for the time being seems a little easier to mine, from what I am reading
I am kind of looking at it from a different point of view, which in all reality might make little sense. I am thinking about spending a little bit of
my tax return to start a two or three card set up, as cheap as possible. $1,200 for three cards and about $300, give or take a few dollars, for
computer components. That would be about $1,500 to $1,700 for a simple start up. I watched a video of a guy with a small card setup, miss matched
cards, making about, I think it was $10 or so a day in z cash.
Now one could say just put the $1,700 in crypto and try to make money, but I can tell you now that my ole lady is not going to like that one bit. Or
put the money in the bank account for future bills. I can tell you for sure that I have three children in my household, and that money will be pecked
away for non sense items that the children "have to have". As much as I preach to the other half about saving money for the future, something always
comes up to where we have to have this or that.
I think she would go for a small rig set up. She actually got a few apps on her phone to watch litecoin and ethereum.
I work in the construction industry. There are months where work is slow or non existent. I am thinking of these times where $10, more or less, a day
just might pay the power bill or the phone bill. Also hoping the alt coin market profit margins rise and hopefully paying the rig off in due time.
Like you though I, am questioning the viability of actually making money these days. But I also think it is pretty awesome and to tell you the truth I
kind of need a new hobby. Hobbies generally cost money.
I am racking my brain about it. There are some rinky dink rigs mining and making a few dollars a day.
edit on 14-1-2018 by liejunkie01 because: (no reason given)