Quote from: fmz89 on April 21, 2019, 01:56:35 PM

Quote from: ruthbabe on June 26, 2018, 01:53:40 AM

Currently, I don't have a job as a retired person, so, I was wondering if mining can get me some money to support our family daily sustenance. Could you give me my best option, and what would be the cost of setting up mining rig? Thank you.

at 0.07$ electric price you can mine all the time, even in bear market like this
6 rigs (8 vega 56 each rigs) cost around 14K$ (the gpus all 2nd, other part are new)
a month you can made around 1300$

.07 is still a really high electric rate compared to what these big farms are paying. That is double or triple of their electric costs, it just doesn't make financial sense to jump into mining right now with a normal residential rate.