How much can I earn by crypto mining?

If you wuold asked bfr 2 years ago ...yes..now it is bussines
 
I've been digging for years all over the beach and found fuck all. Don't waste your time.

Hire some of these guys micky, save your energy.

latest


Afterwards you can just nuke them all, save paying them.
 
Search for "mining profit calculator". There are sites that take your electricity cost per kw, your investment cost and other costs and then spits out the profitable cryptos you can mine.
 
what if I invest my money in it?
is anyone here experienced with this?

Yes you can make money with cryptocurrencie, Bitcoin is just one of them. You just have to stay updated and see the value of the coin....
Actually to mine bitcoins you need asic miners.
With GPUs you can mine Ethereum.

If you don't have harware, don't want to buy it (heat, consumtion and mantinence but more hash power) or you just dont have the money for it you can use mining clouds.

Genesis mining
Hasflare
Hashing24

This 3 are the most used and trusted and have actual installations/Farms.
Just do a search first and then decide if you want to invest on it or not.

You can make lots of money XD it depends if you scale it up or not, If you mine with hardware or clouds, the eletrecity cost ....
There are actually guys that live out of crypto XD
 
Ill add my 2c just for shits and giggles.... Unless you are going to invest some serious money into it, ie 10k+ you wont make anything back that is worth the time and the investments. I would just trade......
 
Cryptocurrencies are now too volatile to predict - however the investment will be significant...
 
The amount of stupid in this thread is baffling

If you really wish to start mining crypto i would suggest first looking at the altcoin section in Bitcointalk forums. See the new coins that come out and become familiar with how they are launched (announcement, is it a ninja launch, different algos etc).
Once you feel you have some understanding decide how much you wish to invest - for a starter a standard rig should do (that means 4-6 GPUs, preferably something like the 570 for its price/performance ratio) - You may also opt for x11 - Baikal miners etc.

The next step is to look at new coins that launch and be ready to mine as soon as they go live, the key is to find which of the coins have biggest potential of going somewhere and mine those. This might mean holding them for a bit but the ROI is way faster this way than just pointing at a ETH pool - thats what "tools" do and then complain how they make no money and mining doesnt work, dont be a pleb.

Once you really start to understand how things work in crypto you can easily make good money, its not hard as crypto investors are willing to take chances and theres constant pumps going around, so even if your bag doesnt go on sale at start you may still be able to drop it for x10 or more.

Note: The reason i prefer GPUs is that they allow to mine different algos (Asic like the bikal miner allows you to only mine x11). And GPUs can later be sold for a % in the aftermarket.
 
nicehash website is nice place to start with. You can see how much you can potentially earn with different Graphic Cards.
 
with a good gpu you should be able to recoup investment costs in 120 days or less. that's at .07 kwh.

i would say if you are paying more than .10 kwh than don't mine at home.

also you really need lots of space to place the mining units as they run superhot and need fans.

i had an antminer s9 for 3 months and then one morning it just died :(
 
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