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by JohnTHaller 3264 days ago
People constantly seem to get into mining by looking at the calculator at CryptoCompare without reading the last bit which states that "Block reward is fixed at 5 ETH and future block reward reductions are not taken into account."

Using CryptoCompare and assuming your 230MH/s of mining ability will net you $470 a month (at current ETH of $165.47) people assume they make $5,640 a year. That sounds great!

If, however, you use something like MyCryptoBuddy's calculator, which takes into account pool fees and difficulty increase, you realize you're only going to make $1,553 in a year. Which is a rather paltry return if you shell out for 7 GTX 1070s.