$300/month passive income

in #bitcoin7 years ago

Hello everyone, today is the start of me and my friend's, cryptocurrency mining journey.

We started to explore different profit switching algorithms and apps a week or so ago and played around with the Nicehash calculator. Seeing that a 1070 could make it's money back after 4 months we decided to give it a run while we slept or werent using our computers.

After a week of use, I found that when I remembered to turn on my miner when I went to bed I made around $30 at the end of that week. This doesn't seem too bad but we we're using Nicehash at this point and if you didn't already know Nicehash was hacked for over $60 Million in Bitcoin, although they are working round the clock to fix their servers we decided to move applications.

Once we swapped over to awesomeminer, I noticed that I was now making on average $4.50/day on average for my 980Ti. This lead me to impulse by a 1070 as well as one of my friends. From testing the 1070 makes $5-6 a day.

Running both of these cards will earn me around ~$300 a month for a $1000 total investment although I only really invested $500 just for mining, so the ROI (return on investment) will take me around a month to two months.

These are still estimate numbers for the most part and more extensive logging and analyzing needs to be done to figure out how profitible this is. So I will keep all of you updated as I learn more. ~Creative

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Hi Ive got a lot of mining related posts glad your coming aboard welcome to steem!

Thanks for the help, gave ya a follow, can't wait to see what you have to offer :)

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