1. The Lead time 5-6 weeks scared the RTX3070, RTX3070TI, RTX3080, RTX3080TI and RTX3090 will come with hashrate limiter which Nividia already started to rollout to all their AIBs, Galax already officially launched RTX3070 and 3080 with LHR . Imagine R12 u received in July can only hashing half, how long to get ROI? Unlike RTX3060 even with the nerf implemented, the dev driver 470.50 still can allow its full hashrate. For newer cards with limiter are mining-doomed.
2. BTC and ETH are on downtrend these few days after Musk announced no longer accepting BTC to buy their car.
3. ETH2.0 Proof of Stack is coming soon as soon as July 2021. Any investment in equipment to mine ETH has becoming really risky.
4. Yeah we can use Nicehash to mine other coins but Nicehash payout in BTC, with low BTC now your profit also down. Many miners on youtube already stop using nicehash especially when they suspended payout to Binance.
Not a good time to enter mining now especially with the GPU price disgustingly skyrocketing.
May 17 2021, 09:13 PM
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