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Nebell
2[H]4U
- Joined
- Jul 20, 2015
- Messages
- 2,200
Update 171219:
So a little update, after about 5 months of mining (mid June - mid November) my earnings have gone up to $10.855. That's about $2170/month. It's mostly because I sold what I mined and invested in coins I believe will pay off. And it did.
I stopped mining and reinvesting mid November and instead I now just turn everything I mine to fiat, which is about $800-$1100/month.
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I got to the party late. As always. I started mining 17th June. It's 15th August today.
Back in early June, everyone was freaking out about Ethereum and how profitable it was to mine. 2 weeks later (just as I was about to start mining) the prices went to shit.
I was worried of course, as I bought two computers and 10 GTX 1060 (which I later upgraded to 13 1060 total). The difficulty went up, Ethereum price went down. But everyone still kept mining Ether. I went on mining Hush instead.
I was hoping that Hush relative low market value and low total coin would keep the price going up, but instead it went down. Now it's worth about half of when I started, and the difficulty is a lot higher.
I still mine it as the difference is not that big compared to other coins. It can still go up to its old price giving me suddenly twice the profit, or who knows maybe even a lot higher.
But I couldn't wait. I kept selling Hush. And then I kept investing into other coins I found promising. I bought 100 Waves at $2, then 200 at $4.5. I bought 20 Neo when it was $7. I also bought 40 Radium at $6.7 each and 100 Shift at $1 each.
If I kept mining Hush and hoarding it, I would have about $1000 now.
But thanks to Waves and Neo going up, I have now about $2600 worth of coins. Just in the past 2 months. This makes my profit $1300/month.
However there's a good chance that Waves could go 10-25 times its current price, and Neo maybe 5-10, that would boost my profit by a lot.
Just don't ask me about electricity, it's not cheap here in Sweden. I just pay the bill and try not to think about it
So a little update, after about 5 months of mining (mid June - mid November) my earnings have gone up to $10.855. That's about $2170/month. It's mostly because I sold what I mined and invested in coins I believe will pay off. And it did.
I stopped mining and reinvesting mid November and instead I now just turn everything I mine to fiat, which is about $800-$1100/month.
------
I got to the party late. As always. I started mining 17th June. It's 15th August today.
Back in early June, everyone was freaking out about Ethereum and how profitable it was to mine. 2 weeks later (just as I was about to start mining) the prices went to shit.
I was worried of course, as I bought two computers and 10 GTX 1060 (which I later upgraded to 13 1060 total). The difficulty went up, Ethereum price went down. But everyone still kept mining Ether. I went on mining Hush instead.
I was hoping that Hush relative low market value and low total coin would keep the price going up, but instead it went down. Now it's worth about half of when I started, and the difficulty is a lot higher.
I still mine it as the difference is not that big compared to other coins. It can still go up to its old price giving me suddenly twice the profit, or who knows maybe even a lot higher.
But I couldn't wait. I kept selling Hush. And then I kept investing into other coins I found promising. I bought 100 Waves at $2, then 200 at $4.5. I bought 20 Neo when it was $7. I also bought 40 Radium at $6.7 each and 100 Shift at $1 each.
If I kept mining Hush and hoarding it, I would have about $1000 now.
But thanks to Waves and Neo going up, I have now about $2600 worth of coins. Just in the past 2 months. This makes my profit $1300/month.
However there's a good chance that Waves could go 10-25 times its current price, and Neo maybe 5-10, that would boost my profit by a lot.
Just don't ask me about electricity, it's not cheap here in Sweden. I just pay the bill and try not to think about it
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