Topic: Mining start up profitability and potential POS question (Read 465 times)
Holy cow. I really am way too late to the game on this one. So, it sounds like ETC could actually turn a profit still? Thats something I guess,
I think there's a minimum of 1000 ETHs to participate in POS, not sure if true though.
The actual number to participate is much lower according to the latest mauve paper. However, a few months ago vitalik said that you'd need a stake of 1000 - 4000 eth just to cover the cost of gas.
Hello everone. Im seriously interested in Mining. I Have $7,000 which will build me 3 - 6gpu computers and a small windmill for cheaper electricity. Will this literaly make me a passive income. My research shows about $1,000 current monthly profit. I seem to understand Proof of stake and still sounds profitable when it happens. But it's based on how many coins you can stake per transaction. How fast can each transaction be processed and how much can be made with minimal coin start up. Let's say 10 coins to stake
I think with a stake of 10 coins, you'll never get any work your way mate. You'll need a lot more. I think there's a minimum of 1000 ETHs to participate in POS, not sure if true though.
You can mine other coins like ETC or XMR which yield a nice profit too (currently 3500$/month on ETC with 30 cards for myself for instance).
30 AMDs?
Yeah I'm loking to make some profit like that. So it is worth mining some form of crypto currency
Hello everone. Im seriously interested in Mining. I Have $7,000 which will build me 3 - 6gpu computers and a small windmill for cheaper electricity. Will this literaly make me a passive income. My research shows about $1,000 current monthly profit. I seem to understand Proof of stake and still sounds profitable when it happens. But it's based on how many coins you can stake per transaction. How fast can each transaction be processed and how much can be made with minimal coin start up. Let's say 10 coins to stake
I think with a stake of 10 coins, you'll never get any work your way mate. You'll need a lot more. I think there's a minimum of 1000 ETHs to participate in POS, not sure if true though.
You can mine other coins like ETC or XMR which yield a nice profit too (currently 3500$/month on ETC with 30 cards for myself for instance).
30 AMDs?
Hello everone. Im seriously interested in Mining. I Have $7,000 which will build me 3 - 6gpu computers and a small windmill for cheaper electricity. Will this literaly make me a passive income. My research shows about $1,000 current monthly profit. I seem to understand Proof of stake and still sounds profitable when it happens. But it's based on how many coins you can stake per transaction. How fast can each transaction be processed and how much can be made with minimal coin start up. Let's say 10 coins to stake
I think with a stake of 10 coins, you'll never get any work your way mate. You'll need a lot more. I think there's a minimum of 1000 ETHs to participate in POS, not sure if true though.
You can mine other coins like ETC or XMR which yield a nice profit too (currently 3500$/month on ETC with 30 cards for myself for instance).
Hello everone. Im seriously interested in Mining. I Have $7,000 which will build me 3 - 6gpu computers and a small windmill for cheaper electricity. Will this literaly make me a passive income. My research shows about $1,000 current monthly profit. I seem to understand Proof of stake and still sounds profitable when it happens. But it's based on how many coins you can stake per transaction. How fast can each transaction be processed and how much can be made with minimal coin start up. Let's say 10 coins to stake
These are my earnings:
1080ti 5/25/2017 - $12.24 per card
1080ti 6/25/2017 - $ 6.51 per card
In one month earnings already dropped around 50% so if you have 7k and want to be in it for the long haul then yes, if you want a 6 month ROI you most likely WILL NOT get it.
Hello everone. Im seriously interested in Mining. I Have $7,000 which will build me 3 - 6gpu computers and a small windmill for cheaper electricity. Will this literaly make me a passive income. My research shows about $1,000 current monthly profit. I seem to understand Proof of stake and still sounds profitable when it happens. But it's based on how many coins you can stake per transaction. How fast can each transaction be processed and how much can be made with minimal coin start up. Let's say 10 coins to stake
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