adaseb and Regulator: very well put. Still hesitant about my next move being that I already invested in a brand new 8GPU RX580 rig with a 2yr ROI. If I do build another rig it will be Nvidia based since it looks like Nvidia can run way more algorithms at a profitable rate. Also looking into making the RX580 more efficient by possibly investing in solar to cut down electrical costs, so far it seems like it would take 20K worth in solar equipment to run the 1050w 24/7.
Nvidia is definitely the better way to go. If you were mining RVN from April 2018 to April 2019 you would have received atleast a 3x on your investment. Nvidia is better at far more new coins and algos. Solar is definitely worth it if you are looking to purchase. Just make sure to check your state rebates too. I purchased a 12kw solar system for 20k after rebates with a 20 year warranty. It produces around 20 MWhs (20,000 kWhs) yearly where I am located. Which would be around a 2250 Watt continuous load that the solar pays for.