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Topic: $40 000 to invest, is there money to make in mining? - page 3. (Read 6083 times)

hero member
Activity: 587
Merit: 500
Hello,

I have a place that electricity is near free,

With 40k$ investment, is there a way to make profit in mining?

What gear to buy to make profit? what is the most profitable minable currency? what are best mining softwares?

Thank you

Look at Avalon Miners here: https://canaan.io/

Then user this to work out income: https://bitcoinwisdom.com/bitcoin/calculator

Will give you a decent indication on what you should expect. Then also check out difficulty: https://bitcoinwisdom.com/bitcoin/difficulty so that you fully understand what this means and what you are getting yourself into.

If electric is "near free" why is that? Included in rent? Because $40k of mining equipment will rack up one large electric bill that will flag up somewhere.
legendary
Activity: 3206
Merit: 1069
with the current bitcoin value yes there is profit to be made with airliners s9 with 40k you are looking at 25-30 or 40 if you can find them

that is $376 pet month with each one minus consumption therefore you will too in 4 months or so
newbie
Activity: 53
Merit: 0
Hello,

I have a place that electricity is near free,

With 40k$ investment, is there a way to make profit in mining?

What gear to buy to make profit? what is the most profitable minable currency? what are best mining softwares?

Thank you
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