Post
Topic
Board Mining (Altcoins)
Re: friend wants to buy 3 GPU's ... should he ?
by
FP91G
on 22/09/2021, 14:09:16 UTC
I asked for this to be moved. to alt coin section.

I gave you a merit for your polite reply.

As for should you grab 3x cards if they are full power  for hashing 3080's new in the box with warranty they are an okay buy. assuming the price is not falsely jacked up to crazy numbers.

if they are used with no warranty they are risky.


Also if the gear is going to be mined in California at 40 to 50 cents a kwatt versus New Jersey at 13-16 cents a kwatt they are less attractive.

Thank you for the merit !!

We are actually located in belgium ..   i believe(but would have to check) that i myself pay around 13eurocents per kwh for my apartment, i assume my friend would be around the same price, but will definitely have him check and come back
You have a very expensive electricity price, I would not invest in mining.
If the payback is now 10 months, then you need to count on a payback of 20 months at least. But all mining will depend on the Ethereum coin and when the developers change the mining algorithm.