New to the board and quite new to crypto mining, although I’ve been aware of it for a number of years I missed the boat early on but am now in the process of ordering my first rig.
A large part of my decision has been informed/compelled by looking at the calculators online and the ROI figures, i.e. if I buy X amount of mhs/sol, it will produce X amount of return +/-. Being familiar with financial planning calculators etc, calculators and illustrations can be misleading, sometimes not, but sometimes very misleading in what the real outcome is…
Anyway, my question is, to the experienced guys here who are mining on an ongoing bases: Does your equipment/profitability hit the numbers shown in the online calculators? Like if you have 3000 sol, are you generating the respective amount of coins illustrated on a monthly basis?
Obviously there are variables, but broadly speaking are you in the ballpark… I am assuming yes but before I push the button to order all the parts for my first rig, I wanted a bit of hands on feedback from people who have been doing it successfully.
Also, in the current climate is there such a thing as somebody who buys a rig now and won’t make money? I’m looking at a setup with 8 1070 TI’s, as and when I can get hold of that many.