Author

Topic: Choosing miners question (Read 122 times)

legendary
Activity: 1834
Merit: 1131
September 28, 2024, 02:26:38 PM
#7
You will have a short profitability window with any alt miners. Scrypt Asics are generally a good buy, would recommend the Antminer L9's as the next halving for LTC won't be for another 3 yrs. November and December batches are also way cheaper. The L7 was released in 2021 and is still profitable today. Also, S21 pro or Whatsminer M60 not bad options
I wouldn't give buying advice unless you know the cost of electricity and additional data.
newbie
Activity: 20
Merit: 0
September 27, 2024, 03:03:24 PM
#6
You will have a short profitability window with any alt miners. Scrypt Asics are generally a good buy, would recommend the Antminer L9's as the next halving for LTC won't be for another 3 yrs. November and December batches are also way cheaper. The L7 was released in 2021 and is still profitable today. Also, S21 pro or Whatsminer M60 not bad options
jr. member
Activity: 179
Merit: 1
September 26, 2024, 03:46:01 AM
#5
diversify into multiple miners and try to host them, I had similiar budget when starting and Iam still investing some more thanks to hosting services. I use oneminers.com, but there are other options like circlehash.com or hosting.iceriver.eu.

those three are the ones that my friends use, I personallly use oneminers since they are very client oriented and you can always ask them for proofs. They also have application, but i think that iceriver hosting has one too.
legendary
Activity: 1834
Merit: 1131
September 20, 2024, 10:38:40 AM
#4
Hello everyone,
I have a budget of 50-100 thousand dollars, I would like to build a cryptocurrency mining rig at home. My question to you is, what is the most profitable and safe in these times? ASIC or GPU?
I would be grateful for any tips.
Thank you in advance.
Best regards

There are a lot of questions here:
Your electricity price?
What is your allowable power?
How much does it cost to renovate the mining space?
Taxes?
Are you allowed to mining at home?
newbie
Activity: 5
Merit: 0
September 19, 2024, 05:27:01 PM
#3
Better buy some coins, instead of mining it, is waste of time.
You only do that when you have asset. As a beginner, it's not bad at all to startg somewhere. You can also generate asset from this and build your crypto life only as bigginer. True true mining is a time waster.
jr. member
Activity: 53
Merit: 2
September 19, 2024, 08:39:45 AM
#2
Better buy some coins, instead of mining it, is waste of time.
newbie
Activity: 1
Merit: 0
September 19, 2024, 06:22:57 AM
#1
Hello everyone,
I have a budget of 50-100 thousand dollars, I would like to build a cryptocurrency mining rig at home. My question to you is, what is the most profitable and safe in these times? ASIC or GPU?
I would be grateful for any tips.
Thank you in advance.
Best regards
Jump to: