Post
Topic
Board Mining (Altcoins)
Re: OMG eth's reward on 40% downed for 14 days!!!
by
philipma1957
on 03/05/2021, 18:37:59 UTC
Added columns with $ .
So if eth's reward downed on near 40%, then earnings in $ fell by 20% for 14 days!!!

Who asked you to go through all this? That isn't even accurate and their is no way you can keep a 100% accurate data about mining reward and difficulty lol, it's like suffering yourself for nothing, do you even have a mining rig or you are just here to create mining FUD

And eth is at an all time high of about 3300 and viabtc rates are now

holding steady at $.1054 an mh

It is hard fighting with naysayers.

But I sometimes try to point out the math.

at $ 0.08  an mh a 3080 makes $8 usd. it burns $1.20 usd at 20 cent power or $6.80

so 365 x 6.80 = $2482 paid back after power.

at $0.09 an mh  $2847
at $0.10 an mh. $3212
at $0.105 and mh $3394.  we are at this point

so we are fine to mine a 3080

if we drop to $0.05 an mh and stay there the op has some correctness

as a 3080 at 20 cent power pays back only 1387 a year.  So if you paid 2500 you would be nervous.

but we are at $0.1054 and mh so no worries yet.