Mining with graphics cards was an incredible way to earn passive income, I mined some Ethereum and quickly became addicted maxing out my credit cards to build a GPU mining farm, but now GPU mining is dead…
I was a PC gamer, with a crappy Alienware gaming laptop with hardware from the previous decade and then I discovered Ethereum and realized you could mine it. Mining Ethereum with GPUs, graphics cards, enabled me to build my dream gaming PC, which would hopefully pay itself off, and it did, more than 5 times over. Then I started buying and building GPU miners, I quickly ran out of electricity and space so I customized a shed to be my own personal GPU mining farm. I didn’t have any investors or much money, so I maxed out my credit cards in order to have enough funds to build a sizable GPU mining farm, with over 100 graphics cards mining Ethereum, Zcash, Zencash ZEN horizen (hate that coin now), among many other GPU mineable cryptocurrencies. Ethereum has completed the merge, and the merge truly killed GPU mining as everyone who was paying attention at all expected, there are a couple interesting coins you can still mine, like Ravencoin but investing thousands and tens of thousands of dollars to make a couple cents a day mining RVN just seems like a terrible investment – this GPU mining addiction was insane, but it seems like GPU mining may not bring anyone, any more highs, literally and figuratively, moving forward…
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Timestamps
00:00 The consequences of crypto mining addiction
01:25 Build a GPU mining rig or a gaming pc?
02:26 credit card debt for GPU miners
03:52 Crypto crashes and staying the course
04:30 Building your own mining rigs is fun and a learning experience
05:08 CPU, HDD & GPU mining all one the same rig
06:01 Early GPU mining was hard but with less competition
07:23 Playing strategy games is like managing a mining farm?
10:07 Ethereum mining was extremely profitable
11:40 There were a lot of different coins to GPU mine
12:51 Is it risky to mine with GPUs?
14:39 Farms have cheap electric rates and huge capacity
15:11 What am I going to mine?
16:10 GPU mining is cool but does it have a future?
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I Was ADDICTED to GPU Mining…
