At the current prices of Bitcoin, Ethereum, Monero, etc... I was wondering if it was profitable again to buy some mining equipment, and if so, how profitable.
At a Belgium based mining equipment shop I can buy a combined Ethereum and Monero miner for around 2170 EUR. For that I get a 13000 H/s CPU miner for Monero and two GPU's mining 110 mh/s for Ethereum.
I filled in those specs on Cryptocompare, and the conclusion was quite interesting.
At current prices, I would recupe my investment in the mining rig in just about a year.
Of course that is at current prices, and at current difficulties. But those two factors are always a question mark in the future. Although it is fair to say that difficulty will rise in the future. But so can prices.
Maybe it is not such a bad idea to make this investment. I will not be ruined by it, and in the long run, I think both Ethereum and Monero are a great investment. And if prices drop, I will probably keep on mining... So, why not?
Any ideas?
Sincerely,
Pele23
