Post
Topic
Board Mining (Altcoins)
Re: Ethereum asic miner hardware advice...
by
f5alcon
on 27/06/2017, 00:47:01 UTC
Don't be so mean guys I'm just newbie to the whole mining thing just saw somewhere on aliexpress ltc miners and I thought they can mine all scrypt currencies... so I guess I need to build gpu rig ... thank you for the replies..

So how exactly do you plan to make a profit?

Use this and tell me how profitable youll be: http://www.mycryptobuddy.com/EthereumMiningCalculator/path?hashrate=30&powerCost=0.12&power=100&chartView=profits
lets say I get 6 x 290/390 on good price thats 150-60 mh/s on current rate(249$) and difficulty my profit will be 575$ without the electricity bill which I'm not paying Smiley
This doesn't account for future difficulty increases. The profit on ether is roughly half of what it was two weeks ago. It will probably get cut in half again or worse, and that 4 month breakeven becomes 8 months or 16 months, is it worth it then? There are tons of new people everyday on here, that is why everyone is making fun of you for not doing the research about asics.