Quote from: Metroid on Today at 02:32:12 AM

Quote from: xxcsu on Today at 02:03:59 AM

And for all the PPL ( not the smartest ones ) who paid 800$ for rx570/580 cards in 2017 December , still can make around 30$ a month with each cards , minus electricity .... so they probably just hit they ROI

in the past few months ... but if they never sold the mined coins .. then they definitely made some money even with a 800$ rx 570/580 cards

How is that? negative profits for 15 months, negative is negative, no earnings at all, lot of things to pay like electricity and components that die still need to be paid and replaced, since the last bullrun we are around 3 years apart, 15 negative profits, 15 months to break even with electricity and only 6 months of 0.50 usd per gpu, how in the hell they got their money back? You say that because you have not paid $800 or more for any rx 570, 6 months $0.50 x 180 = 90 usd, I ask you again, how in the hell they got their money back? profits right now is 0.71 usd per 30mhs rx 580, this is the highest so far besides the defi bs which we had 20 days or so in august, september which it reached 1 usd per 30mhs.

https://whattomine.com/coins/151-eth-ethash?hr=30&p=120&fee=2&cost=0.12&hcost=800&commit=Calculate

So all in all in my calculation they never even got $100 back from the $800 they spent cause shit happens, like you said gpus die, things die, need to be replaced. Also on your asic miners, you just got lucky because like you said the other 2 asics never got your money back.

You are denying something very important here, maybe your earnings and things you did, helped you in some ways, but I guess they shadowed your reasoning on things, maybe your luck on the eth asics helped to go through the negative profits with the gpus. Miners actually had more than 15 months of negative profits. Price is 6 to 8 times higher than what we had in those 15 to 20 months and the lower eth price was, the more it hurt on electricity.

how in the hell they got their money back? ... very simple ... mined ETH for 4 years and selling all those ETH now ... don't have to be really smart for this

need some brain for mining that's for sure ... not everybody have that for this kind of business Grin

Try this ... get a rtx 3060Ti ... if you know how to get one ...

you can get one for around 300$ ... and if you smart enough , a little bit of undervolting , overclocking , you can get around 60MH/s out from it ...
Start mining with that card for 4 years .. dont sell your mined ETH ( you probably not going to mine ETH for 4 years bc ETH 2, but maybe you will ...who knows ... )
Come back to this forum and let us know how much ETH you mined with a single RTX 3660Ti card during that 4 years

Based on today numbers , if you mining with 60MH/s for 4 years with a 120watts of power usage and paying 8 cent/kwh :

As of today , You can do a calculation with 0.0345 USD/Day for 1 MHash/s , so 2.07$/day for 60MH/s ..62.1$/months, 120wattsx24=2.8KWH/day , 84KWH/months=84x0.08=6.72$ for electricity / months ...
Numbers are : 62.1$-6.72$=55.3$ profit/months ... six months and you can back your card price ... from there you mining for clear profit ...
Bc we talked about 4 years ... the next 3.5 half years just let your card mine to you , and dont sell your ETH ... sell your mined ETH 4 years from now ... so see you here on 12/10/2024

You can stay in a looser side , or you can make some money ... but with your view on the mining , you never going to make any $$$

If everything you always saying is true , then this forum should not be exist , no one i mean no one would mine any coins , there should not be a shortage from new ASICS or Graphics cards ....
You just one of the crying baby here . Without any real experience ...
You was always like this in this forum , so from here my suggestion for new miners , members is .. just ignore this guy , he have no real experience , no real knowledge about mining , and probably missing some basic math skill Grin

Mining always have ups and downs ... if you are one of those who panicking and selling your coins when the price going down , thats your problem ... there is a lot of winners here , and they can make more $$$$, bc some ppl thinking like you do Grin

Mine and hold your coin ... sell them when its time ... idiots who jumped into mining hoping to get rich fast , now the biggest crying babies here and all over the internet ...

I hope i give you a very detailed answer Grin