Mining Profitability No matter what you decide to mine, you have to account for your setup costs, including, in some cases, graphics cards that can cost upward of $700 apiece. 67 It’s possible to put together a basic rig for some of the less popular cryptocurrencies for around $3,000 .
Read moreHow much does it cost to set up a crypto mining farm?
According to many industry experts, owning a mining farm makes sense with an investment of $20,000 , because the cost of one modern ASIC exceeds $2,000. You need to have at least 10 miners to keep working if some of them fail. Therefore, warranty and service are an important argument for purchasing new equipment.
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