Post
Topic
Board Mining (Altcoins)
Is there any point buying ASICs anymore
by
jpenny
on 06/07/2017, 07:48:38 UTC
New to cryptocurrencys, am I better off investing in a multiple gpu rig and run on multiple coins or buying ASICs. Will there still be profit in cryptocurrencies still in 2 years with multiple and adding gpu's and to the setup in general or will I have to switch eventually ? I understand this is a "market" if you will that will require my effort and time and I'm not just gonna buy these rigs and expect money to fall at my feet if your thinking that


27 cents aud per unit is my current electricity in Perth
6 solar panels (can't find out what kWh there doing but they save A LOT of current bill)
and let's say $10000 to invest

Cheers

Edit** besides gpu's and power supply, what other components of a rig / computer / setup whatever you want to call it, what else does mining wear down the most that I should be worried about ?