Post
Topic
Board Mining (Altcoins)
Merits 1 from 1 user
Re: Is GPU mining really dying?
by
iRonNuke
on 10/11/2021, 11:07:51 UTC
⭐ Merited by philipma1957 (1)
I'm a miner that stakes some coins like Cardano, Cosmos and Tezos. But the return of staking is VERY low, atleast for me. I calculated if I will invest $5000 into for example Cardano. I will get right now, 21834 ADA (price $2.24). I stake those at 4.91% in Exodus. I will get 1091 ADA ($2445) a year. It will take 20 YEARS to ROI Smiley

My mining rigs have ROIed like 5-7 times since 2017-2019. But that's mainly to the price increase, of course.