Recent content by DistortedMinds

Managed to get hold of 2 x 3070s which should be here today just to get us up and running. We're fully aware of the risk but we've had a big discussion between ourselves (me and my rig partner) and we're just going to go ahead with it as we generally want to get into mining anyway regardless of...

What about going down the Asics route and having a smaller rig mining BTC? I know there's people out there with huge set ups but would a £10,000 ASICS set up generate a decent profit?

Thank you for your response, I really appreciate it. I think for this to work, I'd have to get hold of the additional parts and 12 x GPU's in the next couple of weeks, get mining ETH whilst I can, sell what I mine to pay off the rig as much as possible, set up a solar supply so electricity is...

This was my thinking regarding selling on hardware if need be. Whattomine is also stating that Nicehash is the way to go if and once Ethereum hits the next phase. I guess its a risk like anything though isn't it. Property, stocks and shares etc etc. I was hoping there was another crypto currency...

This is the nice hash calculator for 12 x 3080 GPU's This set up will roughly cost about £9.5-£10k so obviously it'll take time to claw that back but we was thinking Ethereum isn't going into phase 1.5 for a little while yet so we could mine some until that point, sell it before it gets...

Btw these are the figures put into a calculator for mining Ethereum

Hi everyone, I'm completely new to this world and was looking for some expert advise. The story is, me and my friend have recently stumbled across cryptocurrency mining, we started looking into things and found out about a small mining rig and before long we got to the point where we where...