Thats the highest risk for me because its only 1 opportunity. Where i live wages are 250-300€ for now so if i buy coins 1000€ god knows when i'll be able to buy again and if btc value decreases over time it means i threw 1000€ to garbage.
With electricity my profit is still 6.50€+ daily and about heat my room gets sun all day so i'll try some diy crazy stuff to cool it or put it on another spare room that is coldest room in the house and thats the max i can do without buying a cooler to have it on side of the case.
So if i did math correctly its almost %30 more profit with 2x 2060 super and if i can buy it for 1000-1200€ range and can just install nice hash and press mine to make them both mine i think im gonna stick with this.
My intention is to crpyto mine for profit and game sometimes on the side but other than gaming pc with 3060ti i can buy only 3090 for 2300€ or used 1050ti or 1060 other than that i have no gpu options to buy.
Yes it is but being 20 years old and living with parents that have no idea about crypto its hard to explain that spending 1000€ on virtual money is a good idea.
My desire is to do the right thing after my mistake of not buying btc when it was 80$ and to mine enough to pay the rig which after that i dont need to sell or trade coins i can hold coins and to have some money on the side i can count on it.
To clarify i know the question is stupid and big risk but buying coins is bigger risk for me because i'm not into crypto and other than buying eth and btc i have no idea what to buy or will be profitable.About market getting much better where i live it's always expensive and other than 2 or 3...
Not selling for 100-200€ less 2-3years down but 2-3 months down if my profit gets really bad and buying graphics card is no option because there is only 3090 for 2300€ other than that i can only find gtx 1050ti-1060 second hand and that woudnt be profitable for mining.
I'm not looking for a "yes" or "no" answer, i'm looking more for opinions from experienced miners.For profitability nicehash calculated my profit(minus electricity cost) as 3.82€ a day and 109.32€ as a month and i was thinking if this goes to 50€ a month after half a year of mining i can still...
I was thinking to mine ETH to have passive income for 2-3 years and if i coudnt breake even or start losing i can sell the rig for 100-200€ less as it is hard to find pc parts for now.
So i'm starting to try mining but i dont have a rig and its hard to find gpu's for a reasonable price but i've found a pc with i5-10400 16gb ram and rtx 3060 ti for 1100€. Is it logical to buy this pc and mine for a year or more to break even and keep mining or should i just skip?