Post
Topic
Board Marketplace (Altcoins)
Re: Baikal Miner Giant B Group Buy batch 3 sold out
by
Dudukian
on 17/01/2018, 20:02:31 UTC
http://
What is the giant b mining per day now that the markets have crashed?
$135 a day from Nicehash. It has been dropping.



Today Nicehash has it at $99.14 a day.    Granted this may not be considered the best gauge for potential earnings, but just a week ago is was earning $400 a day.

With the flood of Baikal B miners, the inflated price for purchasing one, and the 'drop' in Cryptocurrencies (ie. Bitcoin) how long will it take to break even?



You have to take into account the price of the coins as well. Library was worth $1 each last week, now its worth $.60. The profitability of the Giant B is being attacked on 2 fronts with difficulty increasing and coin prices falling this week. 

I think the Giant B will soon profit $2,000 - $3,000 per month which is great if you paid $4500.   At $15,000 it is a bigger risk and it ties up money if something more feasible comes available next month or two .  I bought 1070ti gpus a few weeks ago that have a much higher ROI and more flexibility of other algorithms.   The down side is they run hotter and require more electricity .