Thread: Cryptocurrency
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      12-05-2017, 03:39 PM   #34
Kolyan2k
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Drives: 2006 S2000
Join Date: Apr 2010
Location: Boston

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I am getting hit from 2 sides with 2 of my buddies wanting to mine. I have no clue about this mining stuff but recently learned that those 1070ti maybe 6 of them should generate roughly $500 per month. But this stuff aint cheap, you are looking at $3500-4000 rig and the biggest question in 7-8 month when rig pays for itself will you be generating any profits due to prices and difficultly?

I looked at Antminers as well. I read S9s have 20% failure rate, near zero customer service and warranty. Its a 3 month wait time to get one (I guess it could be more because you can expect anything from China), and its the same story....even if you do get one in 3 month, even if it does work, will it still make money in 6 month or even 3?
Ps. Antminers released T9 in January which is supposed to be more reliable then S9, but thats not even available to preorder
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