everyone here is talking like the mining will die after ethereum, there is nothing more wrong
we will talk about another more profitable coin in 1-2 years, guaranteed...
How can you be so sure?
You can't.....last big profit coin to GPU mine was well over a year ago.It just appears to be a "cycle".
I read up on quite a few altcoins (over 150) over the past several years & thought a few had it in them to go big,but nope......not sure why they didn't.....
Eth is a fluke that actually may move up past or equal to BTC,whoda thunk??
At least GPU's "store" their value in resale
those cycle are here since 2013, so, also anyone with 5 cent electricity or lower, and perhaps up to 10 cent, is mining since 2013, every day and he is making profit, evne in those dead time, especially those with 2-3 cent electricity
I failed to mention,I bought mobo's,RAM,CPU's way back in 2011 to mine BTC with GPU's,I still have 6 PCs left from those days.
All was ROI'd way back then,just put em the closet for a rainy day
Guess what...it's raining
That was about 2 years ago I put em up,they mined alts for abit after BTC went ASIC.
I sold my 5870's,6950's & bought a few 380's,gonna get another 1 or 2 very soon
BTW,DO NOT BUY GPU's ON EBAY.Just get new ones,the chance you take on getting a faulty GPU isn't worth it............I got a few in a row & I'll buy new from now on
If in USA buy new from Amazon I am a prime member they have a 30 day return policy pretty much very easy to,and back the card the first 30 days.
They also allow a longer return period during Black Friday to January 31 st.
Don't know,if the coins will,still be hot this fall but time will tell.
And cards hold value my 3 hd7970"cards have earned more then 400 since apr 2nd.
beaware about that return policy you can not abuse it, if you do that trick too many times they might close your account
already happened here with some folk that has tried to cheat on amazon