NiceHash BTC/ETH/ALTCOIN mining. - Profitability CalculatorsteemCreated with Sketch.

in #bitcoin7 years ago

NiceHash BTC/ETH/ALTCOIN mining. - Profitability calculator

Hey, guys. I’m back, my internet was down for a few days. ;/ So I’ve done a complete nicehash setup tutorial before,
( https://steemit.com/mining/@edolo/complete-nicehash-miner-setup-tutorial-and-explanation )
but now, I want to talk about just how profitable NICEHASH can be. I suggest you look at their profitably calculator here
( https://www.nicehash.com/?p=calc )
Here an example, you take a gtx 1080 for $475. You can find it here
( https://pcpartpicker.com/product/ymrcCJ/asus-geforce-gtx-1080-8gb-video-card-turbo-gtx1080-8g )
Put it into the NiceHash profitability calculator, and you’ll see that you should be profitable in around 90 days. Now that’s real good. You see, NiceHash auto mines whatever coin is the most profitable and auto pays you in BTC. Ive included a chart for reference on the current most profitable coins. Pretty dope, right? So, no need to worry about the mining becoming too competitive or less profitable, as it will just switch coins. With NiceHash, it estimates that you can mine around .735 BTC per year or 1915.41 usd (at the current exchange rate) That’s crazy. A $500 dollar gpu can mine around $2000 BTC in a year. Of course, this does not account for the price of the other components (cpu, mobo, power supply...) But that stuff doesn't matter much anyways. NiceHash is so easy to use, and handles all the hard stuff for you. Great service. Idk about you guys but I am going to set up another rig for mining. I'm thinking about getting 1-4 1080s for this price.

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Very nice friend. I started using Nicehash yesterday.

Nice, what gpus you running?

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Good to know! Thanks

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