Is Mining still worth it? Considerng buying a rig

Looking to buy a Rig of 1 of my boys


The full spec list is:
6x Zotac GTX 1070 TI
2x Corsair CS650M 650W Gold rated PSU
1x Colorful H81 BTC Mining Motherboard
1x Intel G3220
1x 4GB DDR3
6x Brand New VER009S Risers
1x Brand New 32GB USB Stick for OS.
1x Brand New Arctic Alpine 12 CPU Cooler

About 190mh/s

Considering getting this please let me know if worth buying

Not mined before

It will always be worth it if you think long term .

Seeing as nearly 90% of all Bitcoin has already been mined, and that most crypto today are going the Proof of Stake way instead of Proof of Work, I don't think it's wise.

Have you calculated how long it would take to get your original investment back ?

Also you said

Looking to buy a Rig of 1 of my boys
...
Not mined before

Click to expand...

So he has a rig that hasn't beed used before ? If you go for it, I'll make sure to verify that, would suck to buy this and having a couple of the GTX 1070 die after several months...

You will need to be patient and then recovering cost can take years.

You can't predict how much coin you can mine. That's the biggest downside from my experience. You will only be in profit after you pay your initial investment. It's hard to predict when the reward you get is based on how many computers mine the network. If you make 1 BTC today, you can't know for sure that will be the case in 3 months. And 3 months is not an exaggeration. It fluctuates a lot.

Keep in mind it's hard to sell hardware used for mining and warranty expires instantly if they find out.

Other than that, it all comes down to how cheap your electricity is.

It is a risky bet, Better invest in good coins like eth and matic.