Post
Topic
Board Mining (Altcoins)
Re: Bad time to get into GPU mining - yes or no? Share your thoughts!
by
Golftech
on 25/01/2018, 13:59:26 UTC
Hey,
So I've just bought 6x rx 570's and 3x 1070's, which I'm planning to run with a 1200W server psu and b250 mining expert mobo. I am currently waiting for my b250 which arrives in stock 1st of february. Here comes the big question though: Is this really a good time to get into mining? With the rapidly increasing difficulty and asic mining taking over some coins, will this be the end of GPU mining you think? I am just hoping to make ROI, but just since I placed the buy order on the parts till today the profits on very many coins that I was planning to mine has gone down 3x.. How do you see GPU mining in a year or so? Now the new nvidia 2x series are coming too so that should also be taken into consideration.
Let's see your opinions!

Nobody knows... since we can't predict future ETH or BTC or ZEC prices.

Could be a good time because prices might stay flat or go higher...

Could be a bad time because ETH might start crashing and in 2 months go POS.


Its a gamble... but a small one
That's also my concern. I already have 4pcs of rx570 and thinking to add some more, but with the news that I have read which ETH will go
into PoS, I'm now thinking twice about my plan. I don't know if this might affect the mining profitability, or maybe I can mine other coins that has also
some potential in the near future. Thanks for opening this thread, it might give some ideas for those who also plan to build their mining
rig and for those expert who has a good knowledge about this business.