Quote from: CrowdFunder on June 08, 2017, 10:37:00 AM

Quote from: s4v4g3 on June 08, 2017, 10:05:09 AM

Quote from: dandreark1 on June 08, 2017, 09:38:58 AM

Quote from: h311m4n on June 08, 2017, 09:29:18 AM

Quote from: PanneKopp on June 08, 2017, 09:00:00 AM

do not invest more, than you can afford to loose

Tongue

I was just going to reply the same thing.

OP: the simple fact that you're having your doubts about the fact that it is or isn't worth it shows to me that:

-You haven't made a real analysis about your mining project in terms of ROI and what it's really going to cost you (electricity, time, maintenance etc.)
-Your investing a lot of money you're unsure of getting back. My pinky says your 10K is a lot of money for you

Personally, I think it's not smart to just drop 10K in something you seem to have little experience with. Start small and grow.

And when I talk about electricity, it's not just the cost per kWh, I'm also talking about having a secure installation. 10K will buy you quite a few rigs that will pull quite some Amps. I have no clue where you're planning on storing your mining operation, but you should make sure the electrical installation is top notch and can support a lot of Amps.

That said, it's your money, do what you want with it....

Believe him^ .. spending 10k on equipment is gonna have an electrician running you at least 2 solo circuits 20a each. Unless your an electrician, that job won't be inexpensive.

I'm just worried about spending money on a project that i don't even know how it works, I have just been into mining 16 days ago and the profitability of this thing is just crazy and i'm not sure how long it's going to last, could someone show me like a chart or something that shows the profitability of a specific coin (ETH/ZCASH/ETC.. etc) for the last 2 years?

Well I don't have a chart for you but you can check the difficulty rises of each coin you intend to mine and see how fast your income will reduce. Generally though people end up selling their mining rigs once the difficulty has risen too much to be realistically profitable. With ASICs that is impossible, but with graphics cards they are still useful in the secondary market.

That is right. But it also depends on the coin price.