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Old 04-23-2022, 02:41 PM   #4149
threezero
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Quote:
Originally Posted by Manic! View Post
Just made a deal with a guy to buy his rig. 440 MH/s for 6k. The cards are all AMD 5600 and 5700 series. From the picks it looks like a really well build rig running 3 PSU's. The guy is even delivering it and helping me set it up. He says he has built over 60 rigs. With POS being delayed till next year I should be able to break even.
Just curious on the rationale of investing in a mining rig at this point in time with just the goal to break even. POS is a certainty, only a matter of time.

Why not invest that same chunk of money even on stablecoin with 8% apr?
Mining rigs are even more illiquid than NFT.

Geninuely curious, as I still see a lot of people buying mining rig even though they know they are racing against time.
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