Post
Topic
Board Mining (Altcoins)
Re: First time miner/fact finding
by
Djentriser
on 09/06/2017, 19:31:07 UTC
So, I have been creeping on here as a guest for a while and decided to dive in face first, hopefully the water isn't shallow lol.

My wife and I have been thinking about starting to mine some crypto currency for a while now and we are starting to settle on Monero. (To preface this post, neither one of us has EVER engaged in this endeavor)

We wanted to start small, maybe only spend a couple Grand on a rig and see what we can do. If it shows to be profitable, we have the means to expand to a larger operation.

So down to brass tacks...what would it cost us to buy a rig that we could (reasonably) mine Monero with, considering the current difficulty? If there are reputable persons that build them, we would love to know! Thanks!!
Don't do it man! You will lose your money! This month NVIDIA and AMD are going to release a mining only gpu. This will be the equivalent of ASIC miner - this will kill mining as one of these cards will mine as much as 8 of normal cards so think before you dive in. This happened back in 2014 now it will have once more.

http://cryptomining-blog.com/8784-seems-like-nvidia-is-making-a-video-card-especially-for-mining/