Author

Topic: BitCoin Machine for $500 and how much would i make from it? (Read 870 times)

hero member
Activity: 910
Merit: 511
i'm new to this type of stuff and i just wanted to know which is the best miner for $500

if you budget is just 500$, you can do nothing.
trust me...
if you really want to play in this game with this budjet, buy bitcoin directly...
hold it...
and wait...
p.s.: don't be scared about huge price fluctuaction... is normal in this worl!!!
legendary
Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
If it is strictly a question about what is the maximum hash rate miner you can get with max. 500 USD budget, then I would say the answer is a secondhand Antminer S7.
First find a reliable guy selling the S7, then find the power supply, then you know the cost and you can see the help above and try to estimate if you can make profit with the Antminer S7.
newbie
Activity: 8
Merit: 0
i'm new to this type of stuff and i just wanted to know which is the best miner for $500
legendary
Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
1. Find out your running costs (electricity, solar system cost etc.) for mining.
2. Select the miner, PSU and other needed components and estimate what is your ROI and possible profit based on the above by using calculators available online.
You need to take the Bitcoin difficulty rise into account.

It's pure cost logic.
Low running cost--> better profit
High running cost--> worse profit or no profit.
legendary
Activity: 2212
Merit: 1001
newbie
Activity: 8
Merit: 0
I could get a $500 minner or even $700 but i would like to make it solar power how much would i make a day?
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