Post
Topic
Board Mining (Altcoins)
Re: Did GPU prices just double in the last few weeks
by
BennyT
on 28/01/2018, 15:40:22 UTC
Lol you mean “worst” decision he ever made. ETH is past $1200.. unless he sold those cards for 5k each... he’s kicking himself in the teeth for how much money he lost. You should cover his dental bill for all FUD you filled his head with causing him to sell

uh? He bought for $140 and sold for $500, to me it looks a fine deal, staying mining with it longer would never get him even close $500 profit with just 1 card. A rx 470 mining eth is giving miners right now $2.50 per day, so $500 divided by 2.50 = 200 days for him to break even, He made the right decision. You people who buy overpriced gpus are just making people who bought rx 470 for $140 to sell to you trolls for $500 hehe

Your math is horrendous. Try again. You said he sold in March 2017. Calculate the difficulty of ETH from then until now and how much ETH he would have accumulated mining for the past 10 months and multiply it by $1200. You’re friend is kicking himself in the teeth unless he does math like you in which case he’s probably happy with a couple hundred bucks in his pocket.

If you’re saying he had only one card, he’s not a miner. He’s a guy with a PC who sold his video card.