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must be nice having the resources to buy that many gpus. do they make money mining these days? seems like the average person barely breaks even after paying t
by abiox 9y ago
must be nice having the resources to buy that many gpus. do they make money mining these days?
seems like the average person barely breaks even after paying the home electric bill.
- jdavis703 9y agoIf you can get wholesale electric rates (I'm assuming if you're paying millions to buy and ship graphics cards you know what you're doing), then the power companies in California will pay you to burn electricity when the sun is at the highest [0]. [0]: https://qz.com/953614/california-produced-so-much-power-from-solar-energy-this-spring-that-wholesale-electricity-prices-turned-negative/ https://qz.com/953614/california-produced-so-much-power-from...
- guy_c 9y agoIn general the profits are wafer thin, but Ethereum price skyrocketed a few months ago. Far quicker than people could build mining machines. Back in mid-June a single GTX1070 was on target for $150/month profit (even with expensive electricity). Now profits dropped to only $30/month https://whattomine.com/merged_coins/2-eth-sc?utf8=%E2%9C%93&hr_eth=25.0&fee_eth=2.0&hr_sc=390&fee_sc=0.0&p=150.0&cost=0.19&commit=Calculate https://whattomine.com/merged_coins/2-eth-sc?utf8=%E2%9C%93&...