One guy I know - who we dont want to ask but be sure of that - makes 100k Dollars a month with mining ETH in Sweden. (ETH Price 700 so now it would be a lot more)
So he and some friends of his own a mining farm.
How do they do that? We dont want to use Google because we are sure that what you find there is scam.
Does anybody know an answer? we also have a screenshot but i m not allowed to post a picture
Initial investment: $500,000 (based on 1000 cards at avg price of $400/card added in another 100k for supporting hardware)
Revenue: $100,000
Depreciation: ~$50,000 (based on the schedule I use)
electric: ~10,000 (1000 cards pulling 120W/H at $0.12/Watt)
building rent/mortgage: ~2-3,000 (I'm guessing here and I doubt he is running it out of his house)
Profit would only be about 47K/month after expenses, and I'm sure I've missed a few like insurance,security,other utilities, etc.