Quote from: magirental on May 20, 2018, 10:57:54 AM

Quote from: nshadab on April 10, 2018, 10:40:12 AM

Quote from: dirplanet on April 09, 2018, 12:38:24 AM

Hello all,
Im Nob In Mining World I am wants to know that is GPU mining is still Profitable i'm from India

STAY AWAY if you dont know what you are going into.....

i think you should better start with this: https://www.nicehash.com/profitability-calculator
you'll answer your question yourself.

GPU prices are SUPER HIGH, and ROI is just DIRT.

See... 1080ti the best one --- costing around MIN 90k ($1384.14 approx) in delhi, india; where as the ROI is $1.47/day on NeoScrypt.
So you need 941 days to get your money back.

Consider other issues also before following the blind race

1) RBI's crackdown on cryptocurrencies - Though it's not a very big effect, but only for ADVANCE PROFESSIONALS; still full of risk for newbies.
2) Also this is not just 90k, you need to buy new Power Supply for this GPU (17-20k), MotherBoard (7-10k), SSD (4-5k), 4 GB RAM (2k)
3) Also to cover just your GPU costs, you need to run your machine 24x7.
4) Electricity cost would be additional, this beast consume good amount of electricity depends upon the kind of Scrypt you are mining

why don't you try cpu mining I can provide you upto 150 khps for magicoin, and 400 Hps for cryptonight based coins @Rs. 60K per annum
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magi rigs for rent with very low one time payments. hashes upto 150khps and duration upto 1 year.
https://bitcointalk.org/index.php?topic=3907169.0

How much profit you earn from this magicians? I haven't heard much about this coin.