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Is crypto currency mining still worth doing?

Go to solution Solved by StrawberryShortCakes,
1 minute ago, zeusthemoose said:

Most of the time it costs more in electricity and parts than you would ever get back. I would say no, it’s not worth it.

 

Just now, Levent said:

I am also in a similar situation but I can easily say that if you are going to be paying for your hardware and electricty costs more than $0.1 dont even bother GPU mining. I was thinking about creating a 25-30 GPU operation but I decided to get 5 ASICs instead of 30 gpus.

K, thanks for the knowledge. 😊

At least I asked before I spent hund on the cards. 

I saw so many 2nd hand gtx 1660 super on sale.

Was thinking are they worth buying?

And do an mining system. 

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Hades - dO.Ob Look into my eyes and see the dark eternal abyss that is your soul and pay for your hidden sins. 

Cerberus - the hell hound that guards the gates of hell. Once you enter you'll never escape. 

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Most of the time it costs more in electricity and parts than you would ever get back. I would say no, it’s not worth it.

I am far from an expert in this so please correct me if I’m wrong.

Quote or tag me so I can see your response

 

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I am also in a similar situation but I can easily say that if you are going to be paying for your hardware and electricty costs more than $0.1 dont even bother GPU mining. I was thinking about creating a 25-30 GPU operation but I decided to get 5 ASICs instead of 30 gpus.

mY sYsTeM iS Not pErfoRmInG aS gOOd As I sAW oN yOuTuBe. WhA t IS a GoOd FaN CuRVe??!!? wHat aRe tEh GoOd OvERclok SeTTinGS FoR My CaRd??  HoW CaN I foRcE my GpU to uSe 1o0%? BuT WiLL i HaVE Bo0tllEnEcKs? RyZEN dOeS NoT peRfORm BetTer wItH HiGhER sPEED RaM!!dId i WiN teH SiLiCON LotTerrYyOu ShoUlD dEsHrOuD uR GPUmy SYstEm iS UNDerPerforMiNg iN WarzONEcan mY Pc Run WiNdOwS 11 ?woUld BaKInG MY GRaPHics card fIX it? MultimETeR TeSTiNG!! aMd'S GpU DrIvErS aRe as goOD aS NviDia's YOU SHoUlD oVERCloCk yOUR ramS To 5000C18

 

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I’m not sure it ever was.  I looked at it long ago and saw that the only long term way to make money at it was to steal electricity.  This is it’s primary problem I think.  Everything about it is criminal.  It’s more or less backed by illegal drugs.  The only reason to use it is for breaking the law, and all it really does is destroy electrical distribution by making stealing electricity profitable.

Not a pro, not even very good.  I’m just old and have time currently.  Assuming I know a lot about computers can be a mistake.

 

Life is like a bowl of chocolates: there are all these little crinkly paper cups everywhere.

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1 minute ago, zeusthemoose said:

Most of the time it costs more in electricity and parts than you would ever get back. I would say no, it’s not worth it.

 

Just now, Levent said:

I am also in a similar situation but I can easily say that if you are going to be paying for your hardware and electricty costs more than $0.1 dont even bother GPU mining. I was thinking about creating a 25-30 GPU operation but I decided to get 5 ASICs instead of 30 gpus.

K, thanks for the knowledge. 😊

At least I asked before I spent hund on the cards. 

Silent Cerberus - Fractal Design Core500,Ryzen R7 3700x,Scythe Fuma 2,Gigabyte Aorus B550i Pro AX,Crucial Ballistix Elite 3200mhz cl16 16gb,Adata XPG SX8200 nvme 512gb m.2 ssd,Lexar NS100 1tb ssd,Red Dragon RX5700 8gb(bio flashed 5700xt),Corsair SF600 SFX 600w 80+ platinum F-Modular. 

 

Hades - dO.Ob Look into my eyes and see the dark eternal abyss that is your soul and pay for your hidden sins. 

Cerberus - the hell hound that guards the gates of hell. Once you enter you'll never escape. 

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