Post
Topic
Board Beginners & Help
Re: Fate of gpu miners after asic diff increase
by
Eric Rye
on 22/04/2013, 13:30:36 UTC
Ok after reading that, I made a post about making a mining rig. But for $10 a day does it seem to be worth it? I have 5k to spend and want to invest it into something worth while. I was thinking of 3x's 7970's that would only get me $15 a day I also have to pay for electricity.

But would it still be a good investment?

Thanks

You should be able to get a lot more than 3x7970 for $5k. I got 7970 and a 7950 rig for $1k. When I got my rig litecoin was worth $5 and the difficulty was half what it is now. The time to break even is now four times what it was then, but it's still only 3-6 months, depending on if you have to pay for electricity or not. However, the difficulty is only going to go up, and the price may not. I think 15% per annum is generally considered a decent return on investment, and you'll probably get it, depending on what your electricity prices are, but I don't know how much more you'll get than that. So if you're happy with 15% go for it, but don't expect huge riches, I think it's too late for that.