Please give me the quick rundown on hardware mining. Is it worth it?
Please give me the quick rundown on hardware mining. Is it worth it?
Ian Fisher
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Ian Ortiz
>Is it worth it?
no
Alexander Bailey
it mostly depends on your cost for electricity, so for most people, no it's not worth it.
Jayden Harris
No. The hardware becomes unprofitable before it has paid for itself.
Nicholas Carter
I traded 1.5 BTC for 10 Asic Scrypt Miners, power supplies, and a set up at the peak of December.
Worst mistake I have made thus far in my life. Entirely not profitable and I can't even run them in my garage because of how fucking noisy and hot they get. I wish I could go back and hold through the crash instead.
Bentley Anderson
Jesus christ, just use your brain. If these things paid for themselves and the power they consumed why would anybody sell them? Get a decent GPU if you're also planning to use it to game and then mine shitcoins when idle and hope they moon.
Julian Evans
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
HUH??? WHATS THAT I CANT HEAR YOU THESE ASICS ARE FUCKING LOUD
EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Jack Campbell
Go here, but look elsewhere to purchase hardware.
asicminervalue.com
Jason Cooper
Winter is coming, just open the door and overclock them for sick gains when the weather drops to -20.
Benjamin Bailey
Mining is zero sum game. The more miners there are the less rewards for every body.
Don’t listen to these oldfags saying mining is not worth it