Hello. Im new to the Crypto Curency realm and wanted to know if my rig would be profitable in mining Cryptos like Litecoin or others.
My rig is (or will be once I build it for personal use and to use for mining as well) as follows:
Motherboard: ASUS ROG Zenith Extreme sTR4 AMD X399 SATA 6Gb/s
GFX Cards: (x4) EVGA GeForce GTX 1080 Ti SC2 Hybrid 11GB GDDR5X (Liquid Cooled)
CPU: AMD RYZEN Threadripper 1920X 12-Core/24 Threads 3.5 GHz, 180W
RAM: G. SKILL Trident Z RBG Series 128 GB (8 x 16 GB)
I am wondering if my rig would be profitable? Im not building it solely for mining, but if it would turn a good profit over time...I may let it run as one to at least pay off my initial expenses of building it...then I could use it for personal use once I recoupe my initial investment per-say.
Thoughts on how this system would do??
Thank you greatly for all your assistance to this noobie!
My rig is (or will be once I build it for personal use and to use for mining as well) as follows:
Motherboard: ASUS ROG Zenith Extreme sTR4 AMD X399 SATA 6Gb/s
GFX Cards: (x4) EVGA GeForce GTX 1080 Ti SC2 Hybrid 11GB GDDR5X (Liquid Cooled)
CPU: AMD RYZEN Threadripper 1920X 12-Core/24 Threads 3.5 GHz, 180W
RAM: G. SKILL Trident Z RBG Series 128 GB (8 x 16 GB)
I am wondering if my rig would be profitable? Im not building it solely for mining, but if it would turn a good profit over time...I may let it run as one to at least pay off my initial expenses of building it...then I could use it for personal use once I recoupe my initial investment per-say.
Thoughts on how this system would do??
Thank you greatly for all your assistance to this noobie!
Profitable ? You never said how much you paying for electricity , that is one of the main factor
What is your kwh/$ price with all the taxes and fees ?
You can not mine Litecoin with GPU's anymore... YOu need asic hardware for that to generate any profit ...
I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME"
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money !
You have to make a decision for yourself !
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
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners...
! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !
No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money !
You have to make a decision for yourself !
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
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold the coins , miners...
! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !