My crypto-story.Part 1.
It was around 3 months ago when I first started paying attention at the 'minning' subject. After 2
weeks some of my friends were already minning Ethereum on GPUs...things were happenning very quick.
I was aware about BTC and crypto, but like the majority I never considered this market trustfull at
all...so never researched.
I decided to act as soon as possible, feeling that having a GPU miner and gainning around 1000$ per
month (doing almost nothing) are the perfect solutions for a financial-fairy-life (nothing but false).
My miner was a '6X MSI RX 480 8 GB' which was producing around 3 eth/month (minning pool estimates).
I bought it on 18th of June for the ammount of 3800 USD. Two weeks later my estimated earings were
about 2 eth/month..I started worring(why God invented DAGs?).I know I gave a lot of money on it, buy
also wanted to start minning ASAP.
My 3800 USD would now be recovered in about 7-8 months instead of 3 or 4...not mentionning about the
electricity bills that will follow the miner all its life.
Ok...so...sell it! Don't be affraid. But only after being affraid and feeling a kind of 'losing-money-
panic' I FINALLY became aware of all the CRYPTO-SHIT! Because, in my opinion...this world is F
incredible!
Hope you liked the first part of my crypto-story, see you soon with part 2. While I'm trying to make a
summary, please check my top 5 altcoins: NEO(Antshares), OmiseGo (OMG), AdEX (ADX), TenX (PAY), Civic
(CVC).
Just arrived on Steem...nice to meet you...check this video when you have 12 min available:
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cool article, thanks for this info
I am considering buying or building a miner but i have doubts that it can be profitable
..so here you say that it is not profitable at all ??
Don't even consider to invest in a miner at this time. Eth can't be hold on POW too long...I think in a few months GPU miners will be completely useful. Check Antminer D3 from www.bitmain.com. I think pre-orders are still open...or just buy crypto. If you want to mine ZCASH you also can look for some GTX1070s...but they are still expensive. Thanks for your consideration.
thanks for this info bro,
I will not invest thousands of dollars in a miner ..i prefer to buy another bitcoin
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