There are many hot topic here these days whether should one invest on mining NOW. of course nobody can forsee the future and everydoy can only make estimations.
Currently the price of GPUs has really increased and no matter what some say it is not possible to find cheap ones, the only question is how expensive they will be. In most cases, under the current conditions, it would take between 6 -10 months to take your money back, depending on if you plan only to add one gpu, create a new rig from the beginning, the price of gpus you will find etc.
My question to everybody is what is the bordeline "take my money back" period that you would accept for putting your money NOW in mining. Is it up to 8 months, 9 , 5 or what ?
I have no idea about the correct action but I would "guesstimate" something like 6 months.
Currently the price of GPUs has really increased and no matter what some say it is not possible to find cheap ones, the only question is how expensive they will be. In most cases, under the current conditions, it would take between 6 -10 months to take your money back, depending on if you plan only to add one gpu, create a new rig from the beginning, the price of gpus you will find etc.
My question to everybody is what is the bordeline "take my money back" period that you would accept for putting your money NOW in mining. Is it up to 8 months, 9 , 5 or what ?
I have no idea about the correct action but I would "guesstimate" something like 6 months.
No one can tell you !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates tomorrow , months later or 6 months later a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates tomorrow , months later or 6 months later a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not