UK GPU market is basically pointless to mine anymore

Cheapest 2070 making £1.39 on UK electric prices is about £500

ROI 359 Days

That is far too long, I know this calculation is not accurate but its the one I use to guage the market I used to look at 200-250 days maximum,

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many will say thats still good but the reality is if its too long then likely dumping the £500 in ETH will be the better move.

you say risk of ETH dropping loads but I can argue that second hand GPU will die

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I feel there is too many people seeing these youtubers who have made bank from mining and thinking they will do the same, that timeline is gone, they didn't pay today prices, and if they are buying today its a few just for the video's not because it made financial sense