$3K GPU mining

[djsobuj]

Can I get $5/ day revenue by $3K GPU mining? electricity cost $0.10 /kWh
I am totally newbie, if I see profit, I can invest more in the future.
Advice me some setup.

 

[AlexAkimbo]

There are online calculators where you can check it but beforehand you should take into account hash rate of your GPU/CPUs, electricity costs (for everything related to the rig), pool fee, gas fees, etc.

What are you looking into (which coin)?

 

[djsobuj]

There are online calculators where you can check it but beforehand you should take into account hash rate of your GPU/CPUs, electricity costs (for everything related to the rig), pool fee, gas fees, etc.

What are you looking into (which coin)?

ETH? I just see a yt video that I cant mine BTC by GPU?

 

[Salamouna]

You can get 5$ a day with 3k graphic card
but need other components also witch will cost approx another 1k

 

[djsobuj]

You can get 5$ a day with 3k graphic card
but need other components also witch will cost approx another 1k

Can I get the money invested in 15 months? now I am getting 10% from my investment from a Govt Bank.

 

[Cattyfilf]

Go with and cards as Nvidia has be declining in the hash rates so AMD would be great ! If you get 3 gpu and about 1k would cost you for other components like CPU , tams and board plus rizers !

 

[Salamouna]

Can I get the money invested in 15 months? now I am getting 10% from my investment from a Govt Bank.

No one can predict that since no one can predict the price after 15 months from now
but for the long term, it's very profitable
I will post a thread soon of getting passive income from many good project in crypto that can even ROI in 2 months

 

[Gogol]

I would suggest you to use a calculator and see if mining is profitable for you. If it is, all power to you. If not, it makes no sense to mine, as u could directly buy the crypto, which would have saved you the time as well as having to buy hardware. Plus, hardware depreciates over time.

 

[SEOMadHatter]

Not financial advice obviously but do be aware that GPU mining might see a major change coming later this year if ETH does go to proof-of-stake.

There's going to be a shit ton of mining power swapping over to pools and alts once they can't mine ETH anymore and this change is very potentially going to happen before you'd break even on the hardware.

Especially with the inflated price of the hardware at the moment, I considered it a few months back but unless I lucked out on a fantastic deal for the rig I couldn't justify it.

 

[unrevealed marketer]

I don't think that minning is what it was years ago, it's hard to make profit now.

 

[PetalSEO]

For rig , if you have an good investment then switch to solar energy ! In about 3 years , you would get and good return with huge profits !

 

[alurosu]

This is all you need: https://whattomine.com/

But i recommend you don't do PoW. Focus on PoS

 

[djsobuj]

Not financial advice obviously but do be aware that GPU mining might see a major change coming later this year if ETH does go to proof-of-stake.

There's going to be a shit ton of mining power swapping over to pools and alts once they can't mine ETH anymore and this change is very potentially going to happen before you'd break even on the hardware.

Especially with the inflated price of the hardware at the moment, I considered it a few months back but unless I lucked out on a fantastic deal for the rig I couldn't justify it.

So I can't mine with GPU after some months?

 

[djsobuj]

PoW. Focus on PoS

I search on Google, but hard to understand for me as a newbie.

 

[IamNRE]

No one can predict that since no one can predict the price after 15 months from now
but for the long term, it's very profitable
I will post a thread soon of getting passive income from many good project in crypto that can even ROI in 2 months

Tag me for this method bro.

 

[Zorgh13]

the more power you have, the more chance you have of mining the first one. But you have to start sometime so go for it

 

[typina]

Can I get $5/ day revenue by $3K GPU mining? electricity cost $0.10 /kWh
I am totally newbie, if I see profit, I can invest more in the future.
Advice me some setup.

with 3k you can get 3-4 Rtx 3060 LHR.

with mining diff today, you can get $3-4 with those GPUs ($1/day per GPU)

Usually 3060lhr can earn $1.8 - $2, but yeah crypto market is down now, and mining diff still high

 

[typina]

with 3k you can get 3-4 Rtx 3060 LHR.

with mining diff today, you can get $3-4 with those GPUs ($1/day per GPU)

Usually 3060lhr can earn $1.8 - $2, but yeah crypto market is down now, and mining diff still high

but today is the right time for buying GPU (market down = miner selling GPU -> GPU stock in the market > demand)
Its about $700 rn, usually $900-$1000

 

[djsobuj]

but today is the right time for buying GPU (market down = miner selling GPU -> GPU stock in the market > demand)
Its about $700 rn, usually $900-$1000

In my country $1K, just see it

 

[typina]

In my country $1K, just see it

sadge, try find gainward,palit, msi ventus (cheapest now)