Hello Steemers,
I am giving my input on my brief experiences with Crypto mining.
I did not plan on being a miner, but a few weeks ago my old computer started giving me problems, it was time for a new one. I ended up picking out a Cyberpower PC at Best Buy. When I was checking out the cashier mentioned to my that I could probably sell the graphics card on Ebay for close to $600. I was a bit shocked because I only paid a little over $700, I checked EBay and sure enough, graphics cards like the one in my machine are selling for about $600. My card is a AMD RX 580, after a little research I decided to start mining crypto.
I have not overclocked the card or done anything to modify it.
I downloaded Claymore's Duel miner and set it up on Ethermine.org. I was making about 66 a month, or $2.20 a day. I mined for about 2 weeks and had a payout of about $19. That being said, I did not have the card running full time. The $66 or $2.20 figures are taken from the estimated earning chart on their website.
Curiosity got my and I wanted to try Nicehash. I downloaded the app, ran the benchmark and started mining. So far, I am impressed. Nicehash also runs the Claymore miner, but after a little over 24 hours I have an unpaid balance of $3.40 and estimated monthly earnings of $87.83.
If you have any advice for a new miner, please let me know.
Thank you all and please upvote and follow and all that stuff.
Have a great day!
Bill