Money Talk

Still worth to buy a Mining Rig?

Submitted by Minzent, , Thread ID: 107938

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RE: Still worth to buy a Mining Rig?

#21
developed a pretty good collection of several different coins, (and they have gotten to a suitable value) sell them. This is what I did a few years back and it worked out quite well.

RE: Still worth to buy a Mining Rig?

#22
I wouldnt its not worth it at all especially the cost of electricity

RE: Still worth to buy a Mining Rig?

#23
i am using a d3 and its profit is like $1 a day lol, and i never recovered the loss

RE: Still worth to buy a Mining Rig?

#24
Kinda depends on what ur paying for running the Rig. but overall you wont make as much profit as
you would've like 6 Month's ago

RE: Still worth to buy a Mining Rig?

#25
It really depends on on where you live, how much electricity you use and pay for and what hardware you're using. At this point it's very hard to say if it's worth mining any currency, especially bitcoin as it's pretty unstable. The moment you've reached 1 bitcoin, it's value might have plummeted back to a couple hundred dollars. Mining was good when it started as it was going to be a bubble, it was pretty apparent from the start. The people that had thousands of bitcoin while it was a few dollars and sold back at 22k, they're now millionaires, however as banks purchase and sell bitcoin it's never really going to go back to what it was, it was all a bubble.

RE: Still worth to buy a Mining Rig?

#26
In my opinion its not worth it anymore at this point

RE: Still worth to buy a Mining Rig?

#27
to be honest its never worth it to buy a mining rig unless you somehow make it super duper energy efficient

RE: Still worth to buy a Mining Rig?

#28
Italy is my favorite country; in fact, I plan to spend two weeks there next year.

RE: Still worth to buy a Mining Rig?

#29
There is some math to do to find out, Go ahead and start looking for how much elec per minute cost. and compare it to your hardware needs.

RE: Still worth to buy a Mining Rig?

This post was last modified: 29-12-2018, 05:18 AM by Apneal
#30
Not at all. I bought a few Ethereum mining rigs when Ethereum was still $10/ea and I could mine a few per day. That same rig mines 1 per week now (16 RX580s). If electricity wasn't free here, I'd be losing money

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