Topic: 50 GPU Mining Farm Earns Less Than $10 A Day - VoskCoin Mining Farm Profits (Read 2716 times)

Yes, you are making a little profit but what's important is that you are still luckily making a profit in the spite of all this bs that is happening around the crypto sphere. As long as mining is profitable for an individual, I can see this as a nice side hustle

Guys,

You are not looking in the right places.
Earning less than $10 a day from 50 gpus !!!

Wow, i earn at least $2 a day from each ryzen i run.
I even have 1 ryzen pumping out $7 a day using 100 watt.... (profit around $6 a day)

Time to find different gpu algos to mine, or sell those gpus for cpus.
Remember there are over 6000 crypto coins, and 92% off all hash is aimed at just 15 coins...think about it.
J

not a side hustle for me.  Been a full time deal for 2-3 years....

Team green wins for resale value

Most people assume mining hardware is a fixed sunk cost when it often can be converted back into operating capitol - although at a value lower than acquisition price. As far as I can tell - the only hardware that absolutely becomes trash after 1 year is an ASIC miner. USB risers, motherboards, CPUs, RAM and of course video cards all have some value after 6 months or 12 months of mining.

Every 2 months (or more frequently if the market is crashing) I evaluate if I am losing more in devaluation of my hardware than I am earning mining profits. In Vosk's case he's earning one tasty Chipotle burrito a day - and I'm sure tails takes most of that. But 50 cards may be losing 2 to 3 burritos a day in value.

I think the 1070 and higher cards will hold their value decently well, but the 1060s and 1050s are going to crash hard (4k and 144Hz monitors demand more than a 1060).

But it always must be considered how hard is it to liquidate a video card in a deflating market. Right now it's. In January I was selling 2 year old RX 470s with 1 year of warranty for $450 cash (the nice MSI Gamer X ones, not crappy blower ones) in Los Angeles. I posted them as mining cards and told the buyer the optimal settings I had found.

If you try to sell a card now you'll probably say "was never used for mining" and when they ask you what games you played at Ultra High you say CS:GO 

nah even 50gh is too small in my opinion.  I'd rather just go for the sure thing so to speak lol.

VOSK sorry to hijack lol!  When you coming to my facility fooker!

This is the perfect example on why people are not buying eth right now, they think those stupid people who bought thousands of dollars in mining equipment will have to sell their eth regardless of the price to pay the bills ehhe, funny is after they sold all their eth and quit mining then eth goes back to 1500 usd and up hehe and then those stupid people want to get back and mining and the cycle restarts hehe, they will never learn their lesson hehe

They must never sell their eth at his price, they should right now get a new loan and use it to pay the debts they have then as eth gets back to 2k plus usd then they can sell.

How am I similar to Roger Ver :O lol

That's not true. You are cool Vosk, but yes your cool level a bit below Roger Ver. 
Is someone here realize that Vosk a bit similar with Roger Ver? or may Alejandro Manzano (Boyce Avenue)


Are the rest of your GPU still operated? Or you just put it somewhere with a lot of dust on it? (that's reminded me with a few of my dying GPUs). If it possible, use the rest of your GPU for a small task such as Solitaire nor a bit hard task / doing multitasking Solitaire + Wordpad or notepad. Before all of your card sold.

Well now, it's not quite as simple as seeing $10 on the street and just easily and pleasantly picking it up.  Especially not with a 50 GPU farm setup.  Heck, not even with a 6 GPU garden setup.  There are tweaks, updates, monitoring... things are constantly changing.

It's more like seeing a $10 bill on the road every day and then realizing that you'll have to first go to a computer, google search some things, go to the GPU rig (wherever that may be), tweak this, replace that...

Basically just have to consider the labor that goes into it.  For some that labor is heavy and for some maybe not as much but everyone's time is valuable.