I have a 4x 470 rig mining ETH and making about $0.25 per day. It was a 7 GPU rig but I sold 3 for $300 CDN.
I also have a couple T15s, 3 x Baikal G28s, 1 Baikal x10 and 1 L3+ at Cryptoboreas in Labrador.
After electricity:
T15s : $2.80 to $3.10 each per day. (will take over 2 years to ROI/Break even)
G28s: $2.40 - $ 2.90 each per day. (will take close to 2 years to ROI/Break even)
X10: $.90 per day. ( nearly paid for itself. So, as long it makes more than electrical cost and keeps running, it's easy coinage...but not a huge profit.)
All said, profits are low but still in the right direction. Not bad for a hobby.
you've definitely got the right attitude, I think we need to consistently remind ourselves this is more of a hobby and if our hobby pays for itself and a little extra.. we are doing good lol
at least that is what I tell myself xD
In the past whenever people were mining as a hobby, usually got enormous payouts if they held most of their coins.
Like the people who CPU mined BTC back in 2009-2010, definately not for profits and difficulty was very low.
Same with the people who GPU mined ETH back in Q4 2015, back then you could of made like 1 ETH per GPU per day and nobody was mining back then because it looked like ETH was a fad that was going to $0.
This might be a repeat however in my opinion, and if BTC ever hit $50000 and ETH hits $2000 then the payouts would of been worth it. However the cycle has to stop sometime.