I remember 3 months back i was calculating the ethereum earnings with compare to the investment i will be putting into.
That was in Beggning on May 2017. I guess one who is reading this post know what Ethereum is and What GPU Mining is.
By that time i could go to market and buy some GPU (Graphic Cards ) if not Rx 480 or Rx580, GTX 1070, Rx 470,570,460 all these cards where available. So i thought to my self lets give it some and find some suitable place to put all these cards and make some Rigs and start earning some money.
As per Calculation and difficulty level that Time, i am talking about In beginning of May 2017. with 6 GTX 1070 Cards, i could make average $40 Daily Per Rig.
Since than the difficulty level increased Rocket high. I managed to find some GTx 1070 cards, and put up the rig. Guess what. my Rig was able to make Only Only $10 a Day. and now its $9 a day today which is 26th of July 2017.
Its almost 3 times less than what i could have made 3 months back.
So you can imagine how the difficulty level increased.
Iam writing all this story to have some inputs from Cryptocurrency experts and if you can answer few of my questions.
- What will be future of GPU Minners like me.
- With this growth ratio Will the minners be able to pay off their Electricity bills.
- What are your earnings either in $ or coin per day. if you can share your hardware specs would be grateful.