Re: 1600 series Nvidia GPUs are significantly better than everything else.
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1300 day payback period is a joke, your card will be worth $200 and obsolete for mining. This would make your card the same age as a 980 ti, selling for $180 on ebay. So your 1,300 day return is $180. Unless their is a rally, which is more then likely to happen.
I agree 1300 day payback period is a joke and that's if your lucky enough to have a 10 cent watt rate for residential, 100 percent uptime and I didn't even include the power it takes to run the cpu, motherboard, system and cooling. So the real pay back period is probably much longer than 5 years. But I guess that's what mining is at its current phase. Its over saturated with plenty of dumb miner money and It's a race to the bottom.
It's so easy to mine and everyone knows how to do it and people would pay to do it for entertainment. If you want to be successful do something that nobody else knows how to do or wants to do. I would not rely on gpu mining to replace my day job (sorry Vosk you got roasted buddy, good thing you get some income from youtube)
I accepted these fact and only mine as a hobby now. Quite an expensive one
You are so true. It's absolutely not worth it to build rigs and spend cash to new PSU/MOBO/RAM RTX card but if you can source these parts used from quitting miners (Vosk) who spent excess amounts of buying mint new gear while crypto hit the fan, you might get something out of it. We have found used 1,2kw PSU for free and AsRock 13GPU mining MOBO (20$) for practically free. Stick it with 4GB RAM and 40$ Celeron and USB drive for linux mining OS you will have decent 13GPU mining rig perfect for 24/7 mining. I have found miners dumping P106-100 6GB cards for as low as 50$ because they cannot be used for gaming. You can wire off 13card P106-100 mining rig which is effective GTX 1060 rig with powerlimit 80W per card it will be roughly 1kw.... we have done tens of them so it works. It mines perfectly over the costs example RVN. Total cost of our 13card 1kw rigs is somewhat 1000$
At this market it's 0 point to invest sticker price stuff.
But in the end those who pay sticker price always lose.
