Re:Ask HN: I'm late to the crypto currencies boom, what are ...
by where_do_i_live on Friday August 11, 2017 @11:08AM
(#14990408)
A year? the ROI for that would be like 5 years - you over-estimate the profits currently. It was profitable back in March far more than it is now - the gold rush with mining is over.
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Re:Ask HN: I'm late to the crypto currencies boom, what are ...
by jrs95 on Friday August 11, 2017 @01:38PM
(#14992346)
Based on my electricity costs it looked like it should be a little over 8 cents an hour for a ~$500 GPU, but I could've had something wrong there.
Re:Ask HN: I'm late to the crypto currencies boom, what are ...
by where_do_i_live on Friday August 11, 2017 @02:23PM
(#14992763)
Sure, but how much crypto currency are you going to get out of it from a pool? if you get 8.1 cents per hour, well that's not exactly that exciting.
I've been a miner for years, and I'd recommend you take a look at your expectation of profit, it is profitable still, but get ready to be disappointed.