First, you must compare the amount of coins gained from mining to the amount you would have it you just bought the coins directly. Depending on your costs, it might be better to just buy the coins.
Second, it is very difficult to accurately predict your future results. When the difficulty rises (as it typically does), then you will mine fewer coins in the future, and the cost of electricity (in terms of the coin) will change depending on the exchange rate.
That is why it is not possible to give a definitive answer to anyone that asks if mining will be profitable for them. That calculator is not bad, though it doesn't compare mining to buying.
Topic: [Questions] mining calculators, mining (Read 129 times)
I've got a lot of questions about mining, because when i used the calculator and stuff it seems to be not logical at all
using a calculator website http://proudminers.com/tools.html
using a Nvidia card 1050Ti it will make me $1.5 that after deducting the electricity cost and the pool fees ( i put 3%)
that means in a 3 months i will get back half of what i've invested (after searching for the stuff needed and prices)
the question is ... is that true? i don't know but seems like money comes easy these days !
for how long can my card survive? i mean can it keep do the mining thing for a year? (sure will get more)
Should i keep changing the coin i'm trying to mine like every couple months or each year (according to prices and difficulty)??
is it better to buy a miner?
using a calculator website http://proudminers.com/tools.html
using a Nvidia card 1050Ti it will make me $1.5 that after deducting the electricity cost and the pool fees ( i put 3%)
that means in a 3 months i will get back half of what i've invested (after searching for the stuff needed and prices)
the question is ... is that true? i don't know but seems like money comes easy these days !
for how long can my card survive? i mean can it keep do the mining thing for a year? (sure will get more)
Should i keep changing the coin i'm trying to mine like every couple months or each year (according to prices and difficulty)??
is it better to buy a miner?
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