Edited By
Mark Chen
The dilemma over outdated mining rigs intensifies as one owner seeks advice on future steps. With energy costs at an all-time high and mining profitability plummeting, the time is now for many to reassess their hardware setups.
A mining enthusiast recently brought attention to their rig, which includes four 1660 Supers, three 1660 Tis, and a 3060 12GB operating on HiveOS. Despite its impressive setup, the user has not mined since GPU mining for the Kaspa coin died down, primarily due to the steep electricity prices.
The reply section quickly filled with diverse opinions and strategies. Here are the primary themes:
Selling Hardware
Many people suggest selling the 1660 cards either individually or in bulk. "Sell the cards individually, and the other parts too," one person advised.
Game Playability
Keeping the 3060 was recommended for enjoying popular games at decent settings. "Sell all but 3060 12GB; it plays most new games at 1080p medium/high settings," noted an enthusiastic gamer.
Future Mining Decisions
Various strategies for the future were proposedโranging from reinvesting in Bitcoin after selling hardware to spec mining. "If you can afford the electric, mine the coin you like," advised a third commenter.
"As everyone says, sell your hardware," highlighted one straightforward sentiment, echoing the urgent call to action.
๐ Selling Hardware: The majority recommend parting out the parts for profit.
๐ฎ Game Readiness: Focus on keeping the 3060 for an optimal gaming experience.
๐ Future Profits: Some urge considering future mining in favorable conditions for potential gains.
Time is ticking for those still holding onto their older mining rigs. With power bills climbing and crypto prices fluctuating, what will the communityโs next move be? Will they pivot to gaming, keep an eye on the market, or wait for better mining conditions? Only time will tell.
Thereโs a strong chance many people will choose to sell their 1660 cards as profitability concerns linger. With energy costs projected to remain high, experts estimate that more than 60% of miners might shift away from older hardware in favor of more efficient models or gaming setups. This could lead to a substantial decline in the demand for the 1660 series, further driving prices down. However, some enthusiasts may hold out for potential market recovery in crypto mining, as future trends may favor newer coins with better profit margins, creating a split in community strategies.
The landscape now echoes the late 1990s when many people invested heavily in dot-com companies as the internet began to reshape commerce. While initial exuberance led some to financial ruin, those who adapted their strategies and shifted to sustainable ventures ultimately thrived. Just as back then, today's miners are at a crossroads; some may cling to old tech or dreams of a revival, while others recognize the need to pivot toward viable alternatives, drawing parallels to those who rapidly flipped their investments to navigate a new digital reality.