I’ve seen miners from the past year like this https://youtu.be/7swdnIX57VU?si=FkMZ6oQ_IubXTbiv which could generate around 10$ a day and mines kda ( https://coinmarketcap.com/currencies/kadena/ ). But I’m not sure if this is possible now. If so are there any ones out there in the less than 300$ range?
1 thought on “Is it possible nowadays to have a miner that can make 10 usd or around that a day?”
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It’s all about power consumption and how much you pay for electricity. Identify what you are paying per kw/h and see if it’s cheap enough to make a profit. If it seems like it’s worth it the next step is to look into what miner & coin you’re going to mine. There are a bunch of websites to help you calculate this and identify your target. As a step in this process you’ll have to select which physical mining device you want. This again takes some research & planning because obviously the newer models are more efficient but cost more upfront.
Also keep in mind that as the network grows and as time goes by your miner will slowly earn less and less so you need to keep your ROI timeline short 2-3 (5 max) years is my guess