My Little $700 Ethereum Miner /32 day break even

I started mining crypto about a month ago despite reading that it was not profitable at home with graphics cards. I started by sourcing a motherboard/cpu/ram combo on craigslist that would allow me to connect at least four video cards. I ended up with an Asus P5K-SE for $30.

Next I found a few power supplies.

I picked up Antec HCG 900 Watt and a Seasonic 760 Watt power supplies for about $60 each.

I needed an add2Psu adapter for about $8 to connect them.

I grabbed a 4 pack of pcie 16x-1x powered riser cables to connect my graphics cards to the motherboard.

The major expense of building the miner was the graphics cards themselves. Enter craigslist. I first found an R9 290 for $105 and another for $115. The next two I paid $135 and $150. The price of the cards escalated quickly as the price of ethereum shot past $200 per coin. I mine using nicehash.com's mining app because it is pretty much idiot proof. All I had to do was install the app and run it. Once I started the app, it did a benchmark on each of my graphics cards, so it could could determine the most profitable coin to mine. Once the benchmarks were done I clicked start and started earning. at first it was making about $12 usd a day, but after just a month its already earning over $20usd a day. I am in love, full on gold fever. This was a great experience and I'm happy I built it myself. there were a few more parts need to get it all together like a used hard drive and a 3 level metal adjustable rack to mount the card to with some cable ties. After just 32 days I have already broken even. This little miner now pays most of my mortgage and I even found a website that lets me pay my utility bills. I now that ethereum has passed the $350 mark the cards for sale on my local craigslist have almost doubled. I love hot days because there are always lots of cards for sale, as many miners cannot keep their rigs cool. I know ethereum may not always be mineable, but if/when it goes POS, I'll move onto mining the next most profitable like everyone else. To anyone not sure if they should mine, follow my example. Hardware people were mining with 3 yeas ago still mine at a profit because the value of crypto keeps rising. Even if you were mining a coin @ $2 a day profit, if that coin had a 10x jump in value like many do all the time, you will have been mining at $20 a day all along wouldn't you? difficulty bombs be damned, I'm mining digital gold and I still have four 15 amp circuits left to mine from in my condo.

Good Luck and Happy Mining