Most regular readers of TweakTown will know that I'm heavily invested into cryptomining, something that quickly took over my life some six months ago now where I started out mining from proper Windows-based PCs.
It all started out fine but then I was expanding quicker than I could handle in multiple ways: I was running out of PCIe slots, higher-end PSUs, cooling, motherboards, RAM, cases, and more. I dumped $30,000 or more into the setup over a few months with new shelving, 9 of the same motherboard/CPU/RAM combos, and a slew of new Corsair PSUs.
This was all well and good as it was winter in Australia, but then the warmer weather started as we began to spin into summer and I had to change it all over again. In the middle of this, the difficulty of mining Ethereum was going through the roof and it quickly started not being worth it - especially if I had to invest thousands of dollars into air conditioning.
Then it all stopped; the difficulty of mining Ethereum was put on pause for a year while the price of ETH itself skyrocked towards $800+ up from the stagnant $400-$500 mark it couldn't break out of. Suddenly, mining Ethereum became a very viable thing - right after I sold 20 or so of the graphics cards I had spend thousands of dollars on in that time. I put this money into cryptocurrency itself, making even more money, and then now investing back into my ETH mine.
Last updated: Nov 15, 2019 at 01:16 pm CST
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