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, with ETH mining potentially coming to an end, I decided to pull the trigger on equipment anyway. Reckless, I know

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 (except for that 3080 I purchased in a build) but didn’t realize how much a bare bones rig would actually end up costing! 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…. Hey, at least it’s keeping part of my house warm.

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