Post
Topic
Board Mining (Altcoins)
Re: GPU mining profitability
by
Za1n
on 16/09/2017, 01:25:12 UTC
Hey

Just launched my first rig using 3xRX570 and 3xRX580, ASUS Z270-P mobo and a 1200 Corsair PSU.

Am actually @ 146MH/s and 1300W from the wall, does this seems correct ?
Am mining ETH on nanopool and through my first 2 days, the nanopool's calculator is telling me i'll get 0.712 ETH at the end of the month, that's 155€, it's too low for a 2600€ investmend, ROI can be non achievable at all.

Please help me if am getting something wrond ...

Thanks

You need to adjust your power and get your wattage down as the posted above mentioned. Search for threads or look on YouTube for instructions on how to under-volt or even Mod you GPU BIOS to get better hashrates with less power draw.

However, you are correct in your assessment that at the current rate you will be hard pressed to get a timely ROI on that investment. If you pay for electricity your figures will be even lower, as a properly configured system is still going to draw around 800-900 watts and you will have a higher energy bill that will eat into your already meager profits.

I really scratch my head at all the new threads I see daily about people having "just" bought a bunch of mining equipment without having done any research into profitability. Yes mining 3-6 months ago was very profitable. Even a month ago it was somewhat profitable. Right now it is borderline break-even, and that is for people with already purchased hardware.