Litecoin GPU Mining,is it worth it?
- Thread starter DinoDinoo
- Start date
Solution
- Dec 15, 2014
- 6,113
- 0
- 21,960
I would stay out, The difficulty keeps rising (meaning lower profits and longer payback times) and the cards are currently very expensive. You are looking at at least two months on average to pay back a single RX580 (and do not forget the cost of the rest of the system as well) (with ethereum at least), and it is impossible to know if the prices will stay up for that long, or if the difficulty will go up too much to be worthwhile. The time to get in and make a safe profit was really like a month ago or earlier.
Are you willing to throw $1000+ on a decent mining system, and three RX 580s and know that they could be very worthless even for resale down the road?
Are you willing to throw $1000+ on a decent mining system, and three RX 580s and know that they could be very worthless even for resale down the road?
Facebook
Twitter
Instagram