Question What should I build to make money from crypto-mining ?

[kfclovermlgboi]

So im moving into a place that's bills inclusive so i dont have to worry about electricity costs so i want to start mining, I have around 300 days and I want to leave my pc on mining during those days, i have a 660 ti and a 500w psu and a case but thats it. what should i get that would maximise the profit id get mining in the next 300 days? What extra gpu should i get, whats the most money efficient one when electricity isnt a concern, what cpu, motherboard and ram should i get etc?

 

[Lutfij]

So im moving into a place that's bills inclusive
^ I've had the pleasure of knowing folks(landlords) who caught sight of the rise in power bills and then decided to double what they initially asked for, I don't think you should be pulling power from the wall in an all inclusive utility bill abode.

Bit of context, the landlord I speak of rented out a flat to my friend who had it setup as a dorm, so about 7 members(9 during weekends), each with a system, the power bills were going through the roof(per the meter) and the landlord decided to properly hike the utility bill. That's when my friend decided they couldn't stay there any longer. They also learned to invest in power efficient hardware/builds.

 

[USAFRet]

What calculations and investigation have you done regarding GPU crypto mining?

For instance, the nicehash calculator.
https://www.nicehash.com/profitability-calculator

If you were to input, say, a 3080 ti, and $0.0 electricity cost, you 'earn' approx $2.68/day
$804 over your 300 days.

Now....the cheapest 3080 ti for sale today seems to be about $820.
So you almost come out even.
Then, add in the cost of a new CPU/RAM/PSU/motherboard....and you are very much in the red.

 

[kfclovermlgboi]

What calculations and investigation have you done regarding GPU crypto mining?

For instance, the nicehash calculator.
https://www.nicehash.com/profitability-calculator

If you were to input, say, a 3080 ti, and $0.0 electricity cost, you 'earn' approx $2.68/day
$804 over your 300 days.

Now....the cheapest 3080 ti for sale today seems to be about $820.
So you almost come out even.
Then, add in the cost of a new CPU/RAM/PSU/motherboard....and you are very much in the red.

so youre saying its not very profitable or atleast right now, because of the crypto market or difficulty rising for the hash rates to be this low?

 

[USAFRet]

so youre saying its not very profitable or atleast right now, because of the crypto market or difficulty rising for the hash rates to be this low?

Both.

 

[King Dranzer]

Both.

YES

 

[DSzymborski]

Yup, makes little sense.

And, in any case, if you used enough electricity to make money, you'd find free electricity to go away very quickly. Even ignoring the moral implications, which are definitely there, an informal agreement can be changed, and a formal agreement will almost always have language about utility usage, whether a set amount or a term such as "reasonable and customary."