Quote from: someone307 on January 03, 2017, 07:36:58 PM

Quote from: Latreetim on January 03, 2017, 05:14:15 PM

Quote from: _ZET_ on December 24, 2016, 02:55:34 PM

Quote from: Marma Kalari on December 08, 2016, 08:39:48 PM

good to see all the experienced miners gathered here. but i would like to know how much you guys are mining with the rigs .i just want to know whether it is profitable for me to mine .

If your electricity is free you will get around 7$/day with 6x470 mining rig. Is it enough? You tell me.

6x470 rig would cost about $1400. So that is 200 day ROI. It is quite good.

You are not taking into account difficulty increase and price drop. Do the math, extrapolate that. One R7 370 did $3 a day in March. That didn't last long. You WON'T reach ROI in 200 days, it's guaranteed. Even with free electricity.

That is right. The price of the coin is dropping.