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Check whattomine.com and see if it would be profitable first if you were to buy gpus. Gpu mining is making a come back right now, but it's still far from the glory days. Only get into this game if you plan on doing it for awhile. 1000 dollars is a tight budget as well for this as not only do you need to buy a gpu, but a cpu, motherboard, PSU, ram etc. Source: 5 months ago
There are a bunch of sites that can help you calculate if it'll be profitable at all. This is the one I use, but nicehash has a great one as well. Source: 11 months ago
That is a lot of money. On WhatToMine it says you should be getting about 14 cents USD for a 24 hour period. You may have got really lucky and found a block. I’d try to move the money into your own wallet if possible and double check your conversion . If it’s true that great! Source: 12 months ago
Nice idea tying in the home automation but it won’t be profitable. Enter your hardware (graphics card) at whatToMine.com set the power cost ($/kwh) to 0 and hit calculate. The results will show how much crypto you will get for mining a full 24 hours for a bunch of different coins. My highest shows 60cents. This is not including power. You could ask your parents what the power cost is and add that in too. It... Source: 12 months ago
On whattomine.com it shows most popular coins and how much you'll get on each coin including electricity. Source: 12 months ago
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