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ETH. I bought a new computer in March of 2021 for $1,900 including tax. The computer happened to have an RTX 3070 card in it. I have mined and sold $2,800 of E
by 300bps 5y ago
ETH. I bought a new computer in March of 2021 for $1,900 including tax. The computer happened to have an RTX 3070 card in it.
I have mined and sold $2,800 of ETH in the 9 months I’ve owned it. The extra power has cost me a couple hundred dollars.
I’ve made anywhere from $3 to $75 per day during that time (thank you Shiba Inu launch date for the highest numbers).
I’m continuing to make about $3 per day. You can look up current profitability for any graphics card at whattomine.com.
Bottom line is I could have added infinite graphics cards to this setup and the profit would’ve gone up linearly.
Anyone that doesn’t think GPUs are high due to ETH mining has no idea what they’re talking about. The analysis from OP seemed ridiculous to me. I didn’t even see LHR mentioned in the article which are GPU manufacturers attempting to make GPUs unprofitable for miners so they can only be used for gaming. (Hint: didn’t work very well).