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Comment by driverdan | Hacker News Reader

I'm currently earning around $45-60 a day mining cryptocurrencies with a little over $5000 in hardware. Once setup it's completely passive.

Edit: ROI could be improved a bit on this too since I intentionally bought hardware that was good to experiment with rather than optimizing ROI.

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Is that net of energy costs?

Energy costs about $6 a day.

GameOfTrolls just asked

"Are you moving away from BitCoin and into others? or vice versa. I'm curious about the trending of BTC mining."

Poor bloke appears to be dead.

Asic/FPGA's? Or just GPU/CPU? Which currencies? I was one of those that mined a few blocks of bc and spent it all before it was worth anything, and then thought that fpga's and asics took it out of my price range. Have considered trying my hand at it again.

GPUs mining scrypt. It's more profitable than using ASICs to mine Bitcoin.

You kind of seem to be avoiding specifying, but which ones, if you don't mind sharing?

how long would that be sustainable for, given the periodic difficulty increase in the various cryptocurrencies?

As a followup to this, the scrypt coins I mine increased in profitability this week. I'm making over 1% ROI per day right now.

Increasing difficulty is less of an issue for altcoins. There are so many of them that difficulty may spike on one but that will cause it to drop on others, shifting which is more profitable. They tend to self correct better than Bitcoin.

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