Should I buy GTX 1070s for $400 each and mine? Is mining worth

>>2451827
Mining with GPUS are long gone. YOu need alot of money and special equipment.

>>2451852
Mining eth with GPUs is perfectly viable; it's why AMD 480/580s are all sold out rn.

>>2451827
wondered the same thing. my only concern was when eth goes pos everyone will switch to another gpu mined coin and rape the difficulty

>>2451852
wtf are you talking about? I grabbed some old GPUs I had lying around (some 290s and a 470) and Im making 500 a month passively by running some outdated GPUs 24/7.

>>2451852
It's not.

>>2451827
Whattomine says a 1070 can make you 6-7$ per day before the power cost by mining Zcash or Zclassic. That's probably where most miners will go after ETH.

>>2451827

You can still mine DGB with gaming rigs I think, but yeah, ETH is soon out of the question. Full PoS shit doesn't require GPU at all.

However, if all the ICOs actually turn out not to be a huge Ponzi, your GPU will probably be of use to rent in Golem network or a similar kind of project. Ultimately we're supposed to move past the currency mining thing so don't get too attached to it as a lifestyle(talking 10+ years here though), and in the future we should be exchanging our idle computing power and idle networks for stuff.

>>2451951
I see

So tl;dr tho do you think it's early enough for my rig to pay for itself if I bought 6 GTX 1070's for $400 each?

>>2451942
If you have some way to ignore the power cost(which is pretty easy if you are small-scale, like in a dorm or something, I used to live in an apt with power included because it was 120 year old converted mansion with only 1 meter for 4 units) anyway yea you can easily make a few bucks a day in a multi-pool. It is a get rich slow scheme, but it is a good way to get crypto if you live in a country with no exchange.

>>2451852
this
>>2452693
staking is the way to go

>>2451827
shut the fuck up about mining you stupid fucks

>>2452529
Seeing how you are fuckem moron who can't read. No

>>2453083
His post did not conclusively answer my response question yes or no in any way, so saying I can't read is a bit of a non sequitur.