Ok I posted earlier how I used my gaming computer to mine with Nicehash and made 0.002 coins in 8 days. Well I have decided to go to the next step and build a dedicated Miner. Being a retired Sgt from the Air Force with a family I don't have a lot of spare cash to play with. So I used an old HP 775 chipset computer with a Core2 Duo 1.8 Ghz cpu with 4 gigs of DDR ram. I got a 120gb sata II SSD. For the GPU I have a GTX 1050ti I bought used for $125.00
What everyone wants to know will it make money and how long will it take to pay for itself? I paid no more than $15.00 for the computer locally from a letgo ad. The SSD I paid $30.00 off of Ebay. The GTX 1050ti again letgo for $125.00, so the grand total is $170.00. I am using Nicehash to mine with and a unregistered copy of Windows 10. I used MSI after burner to overclock the card plus 150 on the GPU plus 250 on the ram. I have put the machine outside in an unheated garage, so heat won't be an issue for a few months. When it begins to get hot I will bring it into my office with the AC. OK ok enough about the specs, what can it do?
As you can see from the picture, the card is making around $0.96 a day. Using that number the GPU will pay for itself 130 days and the entire system will pay for itself in 182 days. Now of course that IS going to change day by day since the value of Bitcoin changes minute by minute. At the time the screenshot was taken Bitcoin is worth just under $10000.00 dollars while just 3 weeks ago it was over $17000.00 and Decemeber it was over $19000.00. With those numbers the machine could pay for itself in less that 100 days or if it keeps dropping it might not ever pay for itself.
That is why I personally in my situation I can not nor do I think I would invest large sums of money into a big multi expensive GPU machine now on the other hand if I had a large sum of money to risk I would with out a doubt take the risk. The nice thing about crypto mining is you can get started for under $200.00
Not the begging! If you like this at all please upvote and resteem. I will be posting updates and other similar posts so if you like please follow me.