Topic: If i start mining ethereum by taking loan of 3000$ for 2 years , will it beneficial ? - page 2. (Read 1493 times)
August 17, 2017, 03:37:19 PM
This is what I did, however I did this about 4 months ago. I took out nearly $20,000 in loans and built myself a small farm - I got my ROI and now I basically pay off power each month and invest the rest. I was in "early" before the massive rush and the astronomical increase in difficulty. Now I think it would be pretty difficult to get into and safely get an ROI - you would be looking at 0.75-1 year easy. Also $3000 is not that much even if you can find GPUs.. this is probably not a great idea.
August 17, 2017, 07:57:47 AM
Etherum now is pow but when switch pos ?
August 17, 2017, 07:39:29 AM
The only answer applicable in this section is: https://bitcointalksearch.org/topic/no-posts-about-gpus-altcoins-or-cloud-mining-here-use-the-correct-sub-forums-401897
August 17, 2017, 05:09:33 AM
If i want to start mining rig by taking loan. If i take loan of 3000 usd for 2 year will it help . I am worrying about network hash rate as it increasing day by day. Will this deal help?
Yes maybe its a good idea, but how much fee you need to pay for 3000 usd?
You can try to mine monero, i think its a good alternative
Or you can buy 3000 usd bitcoin and maybe after 2 year you can resell it for 10k, because what i see is that bitcoin grow and grow up
August 17, 2017, 05:07:04 AM
Your asking about an altcoin in the Bitcoin section. Post in the altcoin section.
August 17, 2017, 04:52:37 AM
If i want to start mining rig by taking loan. If i take loan of 3000 usd for 2 year will it help . I am worrying about network hash rate as it increasing day by day. Will this deal help?
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