It will take almost 4.5 months to breakeven.
If we calculate it according to today's rates.
The brand new hardware are likely to work for 1.5 years without problem except for small like riser cards or electric wires burn.
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That's not bad and I am assuming if the price of Etheruem were to go up, the time to break even would decrease and the profit from the rig would increase.
I'm just learning about these things.
Yes but similarly it can also go down. The only way to calculate projected profitablilty is to calculate the values from today's market only.
But it is always more profitable then expectation when you are dealing with cryptocurreny.
If you are learning about these things I m more then happy to answer your queries. 😀
Thanks, I appreciate the offer and will probably take you up on it. In fact, here is another question.
Once you have your hardware in place and on line is there specialized software needed?
Yes. I m using claymore dual miners. A one click solution to mine altcoins specially ethereum. It's simply easy and I use Windows 10
Hey, thanks. I'm going to go and dig around on the internet awhile because I don't want to eat up a whole lot of your time. But I may want to ask you a few more questions. I am also going to follow this thread and may be interested in investing in your mine to get me started.
Ok sure. you can always catch me on discord uxair#0865
Thanks. Will do.