Post
Topic
Board Mining (Altcoins)
Re: Shall I invest on GPU for ethereum Mining?[Honest Suggestions Needed]
by
adaseb
on 20/03/2016, 16:44:18 UTC
Each one will make you $3.50 a day. Power consumption from the wall is around 110Watts per GPU with a high efficiency PSU.

Nobody knows how much longer ETH mining will be profitable, invest only what you are prepared to lose.


I will be making $3.50 each including or excluding the power consumption charge?
And yeah I decided to invest on rig so,while ethereum is profitable I will mine and move on to other Alts/Algos when no longer profitable

excluding, but if it is 2.5 net of profit per card, per day, this is still 15 a day = 450 a month, not bad with a single rig, without doing nothing lol
Yeah,but the question is will I be able to bring back my investment mining the ethereum only or not?


Nobody knows. You might or you might not. There are no guarantees. This business is VERY VERY competitive and keep in mind that when ETH stops being profitable so will the other alts/algos since everybody will start mining those.

Before ETH came out, the R7 370 would only make like $0.25 mining X11 before electricity charges. So basically if you pay $0.10/KWH for electricity you wouldn't make anything.