I have $80,000 to invest into ETHEREUM mining rigs. Is anybody

>Buy 80k worth of ether
>enjoy 10x gains when it switches to pos
>take 80k out
>buy mining shit with and lose your money to electricity and maintenance costs

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>>2287216
>house burns down
>insurance (on which you overpaid) won't pay because you exposed yourself to a higher risk
>80k down the drain

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>>2287189
is this a mining rig for ant-coins?

>>2287216
you missed out on those 10x gains in ether already, sorry.

>>2287189
I;m doing the same thing anon except with a fuck load less small budget. If vega isn't overpriced when it comes out and PoS doesn't happen too soon you could make some decent gains. Even on the current AMD cards you can make some dosh. The hard part is trying to find the video cards. I"ve had lots of problems finding 4x 470-480 and rx 570 and 580.

Nvidia cards mine zcash and equihash stuff pretty well. A friend's 1080ti mines almost 9 bucks a day on a good day. The important thing is to look into the expected mega hashes from each card you're looking at and how much power draw they'll be hitting you with.

https://www.nicehash.com/?p=calc
Can give you a decent idea of the expected outcomes of popular cards. Note however that this is also not 100% accurate.

Whattomine.com is a good companion as well.

Also keep logs how all purchases and expenses so you can see where exactly you are.

>>2287286
We'll see :^)

>>2287189
wow, you're dumb.

>>2287274
kek'd

>>2287295
1080tis also mine daggerhashimoto pretty damn well but an argument can be said that multiple 200-250 dollar cards might perform over all better than 1 1080ti. It's just a bunch of little stuff you gotta check.

Also look up on power conditioning and perhaps contacting an electrician when you go to buy the space for mining so it's safe and legit.

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>>2287286

My rig parts on the way. Spend 2.8k. Using 6 1070s. Should run enough hashing rates for around 10.8k a year. I'm stoked.

>>2287971
did you account for the difficulty change?

>>2287999
How do you do this?

>>2287999
Of course he didn't. Didn't account for the risk of ether dropping either