Anyone here ever mine crypto? The whole concept makes no sense to me, but some are making big bucks off of it.
The new Nvidia graphics cards are all sold out now since they came out earlier this year.
All those scalpers we have been hearing about may actually turn out to be crypto miners hoarding the new RTX 3000 cards for Ethereum mining farms. Analysts somehow discovered that Nvidia has already sold $175 million worth of RTX 3000 cards and most of these sales were made directly to crypto...
www.notebookcheck.net
A few years ago there was a guy that bought about 500 video cards, each one had a retail price of about $800. So full price that would be $400,000, and that's just the cards. He spent more on a motherboard and the rest of each unit. Apparently they put mayne 4 video cards in each chassis. Not sure what else goes into the box.
Wondering if someone can still make money doing it on a smaller scale.