xamo1988

Thank you for this information, I'll definitely take note of everything that you've said before making a decision

As I said, I'm new to this and I believe it's normal to ask questions. I'll definitely ask about the power supply as I have no clue how it's connected to my apt. All I know is that the contract with the building and my apt is one and the same. The rest I'll ask the electrician of the building tomorrow I guess what attracts me in the whole mining is that unlike investing, where you invest your money in something that could disappear overnight, buying a rig makes you keep your investment and the possible loss from it can only go so far as you can still sell your hardware later on, perhaps at a loss but at a manageable one. That alone is attractive as far as an investment goes. Wouldn't you think so? Either way, I'm gonna take some time to get all of my questions answered and I don't mind hearing something that goes out of my way as my ultimate goal isn't to be proven wrong or right or to have people tell me what i want to hear, no, it's to if I decide to invest, get back my invested money some day with a certain benefit, even if it's not huge. If it's not possible then I won't do this.

Hey Actually I don't mind monitoring and cleaning, so long as it doesn't require me to sit next to them 24/7. It'd be something i do on the side while I'm at work while occasionally checking on the rig from work as well. As for the circuit in question, my apt electricity is directly attached to the whole building, I'm unsure how to explain in English but it's made so that it can provide a whole lot more power than required. (I'm unsure how much the building uses but I can tell you the building costs +-7000€per month in electricity I'm unsure what that converts to in kva

I'm one of those people who doesn't mind investing the 4k I have today, and doesn't mind waiting 1 year to see profit so long as in the long run there is even if only a slight profit. Now the boring question that so many people ask I'm sure, what would you personally get with the 4000? I guess it depends on the prices of the cards but opinions do matter to me especially when they come from ppl more experienced than I am. I was thinking about 6x RX 570 Nitro+ 8go for 410€ each. What do you think about these cards and am I better off getting this, or the 580 nitro+ 8go for 470€ each? Or would you get something completely different? Bare with me please

You're right, the cards can be sold back but can mining kill the cards? As for the cards, using your website I made some comparison, in between 1060,1070, and 1080, seems like the best for the bucks would either be the 1070 or 1080 but there are so many different cards and brands for those. Are there specific brands, or specific 1070 and 1080 to avoid at all cost? Cause I can see that some brands are always out of stock while others are less expensive and available?

Thank you FireClawGames, That's very interesting! Yes, this is why I'm trying to gather as much information as possible plus while browsing some websites I get different opinions and more often than not, contradicting ones. For instance, I found a website with a rig of 6 1070 in where the person states earning 600 bucks a month with ETH. On another website, another person with 5 1070 makes 5 bucks per day, so 150 per month. It's a huge difference. Would you have any experience in this? As numbers to me matter a lot as in any investment.. Thank you

Hello Nicnac, As you said it would be something to do on the side, to let run, and not pay much attention to it. I could probably find an extra room and yes I won't be paying the electricity but it does get quite hot in the summer here. As I said though I don't want to waste money on something that wouldn't give me back something so I'm guessing I have to do things carefully. What kind of specs would you suggest for something that would generate a decent payback? Hip, Thank you again for your reply. What do you call a huge amount of money? How much, to you would it take to make mining profitable?

Investing that much, while maybe some more wouldn't be an issue for me so long as in the mid, or long run I'm able to get the money back while making a benefit. So you'd say that in my situation mining isn't worth it?

Hello everyone, I hope I'll be posting in the right category as I'm new here. I'm looking toward making some extra money through mining but being new in this I was wondering if it actually was worth it. As far as I understand it, it's also a question of balance as to what you spend in comparison to what you earn (with the electric bill for instance) but I'm currently living in a work apt in which I'm not paying the electricity. So my question is, would it be worth it in my situation to buy, or build a system specifically for the purpose of mining? And if so, what would you say my first investment would be in order to build something efficient? I hope that these questions won't break any rules, and if they do I'm sorry. Thank you for your time,