Post
Topic
Board Mining (Altcoins)
Re: How bad can it get?
by
philipma1957
on 29/05/2022, 15:48:07 UTC
Down the road into a bear market what can a new miner except from a 500MH mining farm? How incredibly bad can this get? 5$? 8$? Asking those who are here before in 2018 so I can know what's awaiting me.

½ penny a mh which comes to $2.50 a day pre power.

If you are burning 1200 watts that is about 30 kwatts a day.

You will need 8 cent power to make a 10 cent daily profit.


I have done some gpu mining of some kind from 2012 to now.

I do not recall that 7 cent power was needed to make money.