A classic cryptocurrency mining farm can pay off in about seven months. Reported by the Overclockers edition.
The authors refer to the f2poll site, which provides data on the payback of GPUs, taking into account the cost of electricity and the rate of a specific cryptocurrency. The journalists noticed that the exchange rate of the popular currency in the field of miners – Etherium (ETH) – fell sharply in a week. The decline in the rate affected the real income of miners. For example, if a farm based on Nvidia RTX 3060 Ti graphics cards brought in almost $ 54 per day on March 14, then on March 21 the income from equipment was about $ 42.
Taking into account the current rate, the payback period for video cards is increasing. For example, a set of eight Nvidia graphics cards named by journalists with a yield of $ 42 will pay off in about seven months. At the same time, earlier the farm paid off in four to five months, maximum – in six months.
Experts associate the decrease in income with a large number of players in the market. “The first who came here got the maximum profit, while most of them will only fill the void,” the authors said, comparing bitcoin and other cryptocurrencies with financial pyramids.
According to the f2poll index, the highest income – $ 247, or about 19 thousand rubles per day – comes from the Linzhi Phoenix farm. The cost of such equipment can reach 15 thousand dollars. A collection of eight Nvidia GeForce RTX 3090 graphics cards brings in approximately $ 89 per day.
The material also says that the described payback periods are applicable to full-fledged farms assembled by professionals. Ordinary users interested in cryptocurrencies will receive their first equipment income later. In addition, for the fastest possible profit, the farm must work 24 hours a day, which is fraught with an increase in payments for electricity and the risk of damage to equipment.
Earlier, the head of the Russian VTB bank, Andrey Kostin, said that cryptocurrencies have no future. “I have always believed that such left-wing digital currencies as bitcoin, despite the large increase in its price, are still doomed in the future,” said a top manager of the bank. Kostin added that the government may view mining as counterfeiting.
