[IAmGraydon]

That’s a $30,000 rig at least. So 300 days of mining before you just break even. I’m sure that in 300 days it will only be able to mine a fraction of what it does now due to increasing difficulty. I’m not seeing how this truly works out.

[adossi]

You are grossly overestimating the depreciation of mining hardware. It’s pretty common to have well maintained mining rigs and farms that last several years. Also, it’s a common strategy to sell mining hardware at or near ROI time to essentially double your initial investment.

Coincidentally my GPUs have not only paid for themselves and then some, but I could sell them used now for more than I bought them for. I’m lucky in that respect.

[dehrmann]

This is a tricky time to try to read the tea leaves on GPU depreciation.

[fny]

This ends when ETH2 arrives.

[jrsj]

It shouldn’t really matter, my understanding is that generally you’re running software that automatically mines the most profitable coin for a pool and get your profits in BTC. So as long as there is demand for GPU miners for something there’s profit to be made.

[steve918]

Why would miners just move somewhere else?

[doopy1]

I doubt most of these folks are even mining eth.

[adossi]

Mining ERGO and RVN are profitable also!

[rfd4sgmk8u]

He has quite a while then....