Is it possible to use non-top cards for mining?

Question

Fintech

Good day. I got the idea to build a small farm for a start, judging by the calculator on the Nikesh website - you can even get $ 30-40 per month on an old AMD R7 370.
Is it really possible to make that kind of money? How long will this profitability last?
Thanks in advance

Answer 1

It's too late to mine, it's cheaper to buy currency.
What currency are you suddenly going to mine on the face of bucks on this mammoth shit?

Answer 2

It's too late to mine on babos. Your case is speculative mining. That is, we are now deliberately mining an altcoin with a low base (Bytecoin, Litecoin, Dash, Siacoin) and do not sell. Let them cost for the time being 0.0 ... $ per coin, but in half a year they will jump by 100-1000%, then we sell and go for a new Cayenne.
Answer: it is impossible to earn. On average, difficulty grows by 5% per week, so you will mine 15-20% less per month. Plus, this card consumes energy, it is worth considering, because its efficiency is already small. You will only waste extra time.
Let's say a new one now costs 8,000 rubles. You will sell it for 4000 rubles. You will spend another xxx rubles on electricity, but as a result, right now you can buy coins for 8,000 and sell them in a month depending on the exchange rate, even if + 5-10% to the exchange rate - already 400-800 rubles of net profit. Without cooler noise, desktop lags and unnecessary nerves. Take a look yourself.

Answer 3

It will be extremely difficult to earn money, plus constant jumps in an unknown direction will complicate the work.

Answer 4

It is possible, but the return will be worse. Profitability depends on the exchange rate and the chosen coin.

Answer 5

Yes, electricity is paid, then no. It will be more profitable to buy cryptocurrency. Use a mining cost calculator like https://whattomine.com/coins/.