Biggest question that comes to my mind - if you can make this profit so consistently, why not triple your rig? Or even x10, or x50?
Also I need more airflow, I’m exhausting extra heat out a small basement window. If I want to expand I need to consider intake fans from a second window to keep airflow moving seamlessly.
I’m in a peculiar position where if I lease out a warehouse for $3000/month I literally deplete all the profit and break even until I expand more. I’m not sure where to go from here, suggestions welcome! So far the best plan I have is just wait until I can afford a bigger house with a big backyard, so I can build a mining shed out there.
In terms of ETH2, it is already quite profitable to mine ERGO or RVN or other proof-of-work GPU mineable coin algorithms (search for "what to mine" in your preferred search engine). The biggest question is, when ETH2 comes (whenever that is) will the profitability of ERGO and RVN increase or decrease with the influx of miners? Sure difficulty will spike massively, but in my opinion it is also likely that the value of these cryptocurrencies spike as well, however proportional.
The truth is no one really knows. I have an idea, but I could be wrong.
I'll probably stick with what they recommend once ETH changes. It does seem probable that the values of the new favorites will spike a bit once everyone jumps on board.
Do you think bitcoin-only asic miners are still a viable thing to set up as an ongoing thing? I feel like asic miners are currently a risky investment due to their nature of being linked to certain currencies.