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10388292 No.10388292 [Reply] [Original]

is mining really profitable? thinking about buying 3 GTX 1060 with plans to expand. i dont mind expending some savings as long as this more than pays for the power and hardware

>> No.10388300

>>10388292
Mine 0xBitcoin

>> No.10388341

>>10388292
I needed a Wojak like this for my Wojak folder, thanks OP.

>> No.10388397

>>10388292
Not worth it. You'll be doing a service to your electricity co., nvidia stocks, but for you will just incur a loss. A 3 GTX mining setup will get you in $3000 debt. The only profitable way to mine is by having atleast 4 to 5 - 6 graphics card setups

>> No.10388444

>>10388397
Why would twice as many cards be more profitable?

>> No.10388451

>>10388397
this.
But today even a 6 card rig isnt enough, mining difficulty is rising all the time with new hardware coming out every few months, so if you cant cover your initial costs after 1 year, dont do it. Only reason to actually do it is if you want to support the etwork for some retarded reason, but if you want to speculate on coins- just buy them, its more instant and less risky.

>> No.10388490

>"i want to be cucked by FPGA chads"

>> No.10388527

Nvidia is the apple of GPUs