Quote from: MadGamer on September 03, 2017, 02:29:09 PM

I'm new to all this, so go easy with me. I searched a little bit and ended up making the decision of mining using 6 GPUs (Nvidia GTX 1070). The electricity cost in my country is like 0.05$/kw (If not lower) and planning to go with Ethereum.

1. Should I switch to another crypto currency?
2. What should I understand before starting to mine
3. I'm going to follow this . How bad/good are the instructions and information's there?
4. Solo or pools mining?
5. How much hash power I'm going to generate? 180 Mh/s?
6. Is this accurate?

1) Probably. ETH has almost NEVER been the best option for a 1070 over the last month and change.
3) Don't skimp on the power supply, a 1000 is marginal AT BEST for 6 of those 1070 models (I have a few of those specific cards, good cards but their TDP is 180 watts).
I'd STRONGLY recommend going to AT LEAST a Seasonic X-1250 or EVGA G2 1300 and even THOSE are going to limit how hard you can push the GPUs.
You might want to STRONGLY consider going to a 2 power supply option.
4) Unless you mine something with a VERY small total network hashrate, go pool for reliable income.
5) On ETH with those cards, probably around 180-185 IF you have enough power to feed them.
If you have to turn them down far enough to SURVIVE on a 1000, more like 160.
6) all calculators are snapshots of CURRENT conditions, I prefer whattomine because they'll look at the "last 24 hour average" which is a lot more accurate than a one-shot snapshot.
Keep in mind though that conditions CHANGE, so even an ACCURATE estimate will be off tomorrow as price changes, difficulty changes, etc.

You do have a low electric rate, which should help your long-term profitability a LOT.