Post
Topic
Board Mining (Altcoins)
Merits 1 from 1 user
Re: starting alt mining soon
by
philipma1957
on 15/04/2024, 01:54:13 UTC
⭐ Merited by nc50lc (1)
I have crypto mining in mind right now and I am stuck at a junction between these two offers.

X10 of RTX 4090 which costs $2000 = Very good for ProgPowZ which can net me $19 per day using

Or x30 pieces of RTX 3070 graphic cards which are very good for the same ProgPow and can also net me $19

RTX 4090 costs $2000 each and 3070 costs $330 each.

What I was able to find out is that the ten 4090s will take less power consumption than the thirty 3070s, if you are in my shoe which offer will you choose and why?



10x2000=20000

30x330= 9900

you net $19 either way.

well assuming they are used with no warranty but they work. you will likely get 2-3 years use.

19 x 365 = 7000 a year.

so in two years

you paid off the 3070 and have 4000 cash

and you still owe 6000 on the 4090

resale in two years

3070 150 a card or 4500
4090 1000 a card or 10000

so 3070 4000 profit  + 4500= 8500
4090  6000 lose + 10000. = 4000

so it is likely that the 3070 would be better. after two years mining.