Is it possible to make money with home mining?

To understand how much you can earn on a home mining farm, you need to know the following variables: the total hashrate and equipment power, the cost of the mined cryptocurrency, and the price of electricity. Here are two examples:

BTC mining farm. Take, for example, the Antminer S19 ASIC miner with a hashrate of 95 TH/s. When buying directly from the manufacturer, it will cost at least $ 7,000. The power of the Antminer S19 is 3,250 W, and we will take the price for electricity in Moscow - ₽5.92 ($0.079) per kWh. We enter these data into the calculator and get the following: every day of continuous operation, the ASIC miner will bring $23.97 at a cost of bitcoin of $43.75 thousand. Per month, if the rate remains at the same level, you can earn $731.67 with it. Thus, it is possible to recapture the price of a miner at a constant price of bitcoin in ten months.

ETH mining farm. With farms based on video cards, everything is somewhat more complicated - the crisis associated with the shortage of graphics chips and the mining boom has sharply inflated prices for them. One new RTX 3080 will cost at least $2,300 when translated into dollars (if you can get it). But nevertheless, such a choice will be optimal, since an ether mining farm even with two such cards (from $5,500 for all components), according to the Whattomine calculator, will bring $8.87 per day at the current exchange rate ($3,350). You can earn about $266 per month. The cost of the farm will be recaptured in at least twenty months, provided that the exchange rate of the ether does not fall. And if by that time the network does not switch to the second version.

I believe that mining is one of the best ways to make money in the modern world and everyone should start using gpu mining calculator . This will help you earn even more money and count your income.