Hey ladies and gents. I'm running 2 GPU rigs with 6 1070s each (pic related). Are you guys nervous about profitability long term? I've been stacking up UBIQ and ethereum, pretty confident in both in 12 months from now. Some friends are getting nervous and are selling rigs though...
>>2908097
>vodafone AU
id be more worried about how much power costs are going to increase in your state m8
>>2908097
Are they selling their rigs for their entry cost or at a loss?
Day-to-day mining profitability depends heavily on energy costs.
ill buy them, I have a pt job at a big company that wouldnt even notice theyre there
>>2908121
Haha, I get free electricity because... reasons.
>>2908150
>Because... parents
Ftfy
>>2908161
It's easy to get free energy. Rent an office that looks shitty as hell. Pay 200EU per month, put in 4 mining rigs, and your rent is now your power costs.
Stupid question, would buying and old asic miner for cheap be good for mining altcoins
>>2908652
no.
>>2908652
if your power is free you can use old trash to mine
you still wont make any profits though