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Welcome to the saddest part of Graphics card Miners :(

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@erode
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The situation is becoming more complex for the graphics card miners as profitability has been reducing its value day by day although ethereum was a king in giving profit when compared to the other minable coins. The above screenshot is from Whattomine.com which helps the miners to calculate the current profitable coin to mine and stuff.

Actual loss with GPU units:-

We can see that last year the cost of graphics cards was too high maybe it was due to silicon shortage or the high profitability of Ethereum that made many miners buy most of the GPUs resulting in a lack dilemma of supply and demand. Actually, I have purchased the Nvidia 3060 cards for Rs.68,000($906) each 4 (worth around $3630), and now the fresh new 3060 is only around $540 which makes my investment value low. Next to it, I was trying to sell the GPU but no one will buy the price which I was expecting.

I started this project with the only view of getting a high profit and never looked into the situation which I was facing now. Here with I learned the lesson that before starting something we should need to seek the very possible high and low and it's the solution.

As ETH is already moved to the partial PoS and PoW we are in partial profit from mining ETH. If you guys have any idea of utilizing other than this with my existing hardware let me know in the comment section. Actually, we have 10 GPUs (1660 super, 3060,3070ti,3080ti,3060ti, A5000), And anyone from India interested to buy GPU let me know I will offer you at good deals.

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