Post
Topic
Board Mining (Altcoins)
Topic OP
Wow! What an interesting (and costly) experience! Looking forward for more!
by
PolishBaldEagle
on 08/02/2022, 15:58:24 UTC
I’ve been investing into crypto for a couple of years already, but this time, recently, I decided to take the plunge into crypto mining. I understood the concept but did not have the time and resources to mine without losses. Well, towards the end of the ETH I decided to pull the trigger on equipment anyway.

Costly? Yea… didn’t really realize how much total everything was going to cost me until the end. I’ve been fortunate enough to be obtaining older cards (2060’s) for around $10/Mhs but didn’t realize how much a bare bones rig would actually end up costing! These small things really add up. The little things add up. But I’m not too worried because it’s money I had set aside for this “risk”.

So, the cost to me? Just under a grand for a barebones rig. All new equipment except for the 8th gen CPU
Cards? 3080- paid roughly $1700 because it came with a PC (the whole PC was more but needed the comp anyway) 2 2060’s- $400 and $340, and a 1070- $200

All in all, I’m just over $3,500 in this project, churning a mere 115/Mhs ETH and 150/Mhs on ERGO. Yielding about $6 or so a day, $5 after electric….

Mind you, I’m new to mining. I’ll pay for the experience, but learning ways to cut unnecessary costs.