4 ms·
Mine cryptocurrency is the obvious answer.
by ginger_beer_m 5y ago
Mine cryptocurrency is the obvious answer.
- deviance 5y agoI initially considered this as well (still considering), but I am a bit reluctant - a decent mining rig can be quite expensive - and I keep hearing or stumbling myself upon both pros and cons. Some of the cons: - Bitcoin mining is now feasible only? using ASIC miners. They cost a lost and I can't find a reliable source to buy them (i.e warranty for hardware breaking down, etc.). - Bitcoin prices are very volatile, so if they go down (even for a limited period - e.g. up to a few years) I would be stuck with (temporarily) unprofitable equipment. - Ethereum (for example) is minable using GPU-s (less risky investment from my point of view) but I hear in the near future it will transition to proof of stake and not be minable anymore (correct me if i'm wrong)
- knopkop_ 5y agoFor more info you can check on whattomine.com to see if any alts may be profitable to mine with GPUs.