Not even a 1/6th of investment in first month sadly.
If you can find ANYTHING that recovers that much of the investment in a month please let us know. That is a ridiculous ROI. Honestly the 1 year ROI on bitcoin mining still trounces most other legit investments you can make.
Coin mining is not a get rich quick scheme, but like any other business, if you put the time and effort into it you can be successful.
That's what I keep saying. People complain that it will take 1 year to hit ROI mining when in the actual realm of investing, ROI in 1 year is UNHEARD OF.
If you cannot make you money back in one year in mining, you will not make money back.
Not necessarily true if you factor in the resale value of your mining equipment which you should be doing anyway.
too bad asic are really bad at resale value, unless you sell them when they are still profitable, make this not make much sense, if not for speed up the roi time and be sure to get something back
Precisely why you should buy GPUs and use em to mine- better resale, more algorithms, more uses. BTC mining is becoming increasingly hard to do but you can reach roi easily with a few RX 480s running on ten cent per kilowatt power compared to a S9. I still do some limited btc mining but like others here I've shifted more to gpu mining.
well not that eaisly, you still need around 5 months, but altcrypto is more volatile than bitcoin, pascal coin, the coin tnx to why the 480 is good now, will not last 5 months, that is guaranteed, with only etheruem for them you will probably need to resale halfway through your earning