Good day fellow Steemians,
Starting crypto currency mining with a small budget seems like a daunting undertaking and could be, but here is my plan.
Start small:
Currently you wont be finding any RX cards to buy at stores worldwide, but do not let that discourage you. I am starting with a GTX 1060 and that will be difficult to find as well, but there are lots of options to get you started.
Some alternatives - GTX 1070, RX 460/560, GTX 1050ti and previous generation cards with 4GB+ of memory.
Expand:
Once the card you chose has paid for itself you can purchase another one and add that to your fleet. Now you are mining twice as fast. Continue this expansion untill you are happy with what you currently own.
Selling:
No that your fleet is paid off and the income they generate are slowly deteriorating, sell the cards you own to purchase faster ones that will come out in the future.
Do the math:
So what you will end up with is your initial investment (one graphics card), that will pay for your second one, they will pay for your third one and so forth. Once the running costs (electricity) start to creep closer to your generated income, sell the assets and restart the process.
Hope this has sparked some lesser risk takers to mine for tomorrow, and have a blessed day*
