First time posting a question…been following via discord, youtube, and this platform for a while. Hopefully, I am doing this right…please excuse any community format mistakes. Please advise. I am late on getting into crypto…and even later on mining. Didn’t believe in it for quite some time, mainly because it didn’t make sense. Not that it makes much more sense now, but I have been doing a lot of research and am able to admit when I am wrong! I have deployed several helium miners, but am also interested in GPU or ASIC mining. Am I too late to the party? Is there a direction I should look, if there is still time/profit to be made? I am not looking to replace income from my current job, just looking to pass the time. I am enjoying the coin research now and thought it would be fun to do some mining and see that side. I will have access to solar panels on my house next summer, so that will hopefully help with the power consumption pains. Thank you for any and all advice.
it’s not too late to start GPU mining. Especially if your doing it as a hobby. Being able to work with your hands to create something that can earn you passive income is another plus. Keep cost down as best you can. I was lucky enough to have computer parts laying around to use for my rig and I built my own case out of wood and metal. The most expensive part will be finding a GPU highly suggest a Nvidia 3060Ti. If you have a micro center computer store in your area they have weekly raffles for GPU’s. Check out Helium mining Vos has a video on it looks like another fun coin to mine.
The only thing you’re really late to is cheap miners…The miners are more expensive than I’ve ever seen them, but most are still profitable. Check out asicminervalue.com to get an idea of what is profitable and what isn’t.