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A comment on Bitcoin mining heats homes for free in Siberia [video]. Parent comment

Re:Bitcoin mining heats homes for free in Siberia [video] by agumonkey on Friday November 03, 2017 @05:07PM (#15622206)
12 GTX 1070 (500$ avg) + the rest makes for a ~8000$ setup right ? so basically 2 years of 300$ profit from mining to get that money back. Will the profitable mining last longer than that ?
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Re:Bitcoin mining heats homes for free in Siberia [video] by where_do_i_live on Friday November 03, 2017 @05:34PM (#15622350)
I made it for $6k, and the glory days of mining are over, but for some time I was making $100 a day mining. That is no longer the case. I actually bought 14 1070s, but I'm using one now for gaming haha - I figured I earned it. But I bought my cards when they were $300 not $500 back at the start of the year.

I make no claims about what happens in the future though.

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Re:Bitcoin mining heats homes for free in Siberia [video] by agumonkey on Friday November 03, 2017 @06:07PM (#15622494)
No worries, I know mining is decreasing returns. at 300$ it makes it doable especially if you started 100$ a day.

Have warm fun

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