Post
Topic
Board Mining (Altcoins)
Re: RVN mining
by
Metroid
on 28/02/2021, 20:39:09 UTC
what do you think about use nVidia GTX 1070 for Raven coin mining?
Will it be profitable to buy for about 500USD/item and with energy from solar panels  - average price about 0.08usd/kwh
Myself i will not buy for that price, that 1070 was around 160-220$. it is better wait, gpus will not be this expensive forever. For 1-1.5$ a day on raven for 500$ plus 0.08$ electricity it is insane.

https://whattomine.com/coins/234-rvn-kawpow?hr=14.5&p=150&fee=3&cost=0.08&hcost=550&commit=Calculate

476 days to get the money back and we know this profitability will not stay this high for long because difficulty will rise or price will crash.