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Old 11-12-2024, 01:36 AM   #1
Farang
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Cryptocurrency mining question

I wonder if an experienced miner could estimate what kind of investment would it take to start making say $10k in monthly profit mining crypto? Just a rough estimation, I do realize that electricity prices, taxation etc. varies from country to country.
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Old 11-12-2024, 03:22 PM   #2
jamezon
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Quote:
Originally Posted by Farang View Post
I wonder if an experienced miner could estimate what kind of investment would it take to start making say $10k in monthly profit mining crypto? Just a rough estimation, I do realize that electricity prices, taxation etc. varies from country to country.
do your own math: atm maybe 40.000-50.000 investment for decent asics if you get them,but its allways a bad moment for calculations during a bullride the
competition will jump in fast, asics not available, only long waiting list etc...

and profability will decrease to an extreme.so your 6 month Roi calcultion now can turn to 3 years when you get your asics

https://hashrate.no/asics
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Old 11-13-2024, 11:00 AM   #3
INever
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Was doing some b2b outreach for a guy who bought Helium miners.

His plan was to pay $600/year per wireless/router mining location.

Short story answer: Late to the game, at least with Helium.
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