Topic: I'll pay $$$ to help me setup up a mining rig. Let's negotiate... (Read 663 times)

Bitcoin mining is not that much profitable unless you do not have to pay for electricity or some bills. you better have a very powerful mining rig to really earn some bitcoin tru mining but you can try mining altcoins and earn some profit better check some mining calculator.

I have ~ the same electricity cost and I have calculated if mining bitcoin is not really possible.

I have looked in altcoin mining now, and bought 2 Antminer L3+. I will ROI in ~ 40 days (bought from BITMAIN but the cheaper price, not the 41LTC).

I will propably run itvia nicehash, I know I have lower incme but I have a safer income (and the 40 days ROI are with nicehash)

That electricity cost is expensive.You could try your luck with altcoins.

Man thats a really BAD BAD running cost don't do it

Advice.  Just buy Bitcoin, Litecoin and ETH.  Save you ALOT of time and a ton of headache.  The miners will be obsolete in 2 yrs.

You can get S9's for a third of that if you buy them direct from bitmain.

Don't worry about what's in the house or how big it is... You'll probably end up putting the miners in the basement or as close to the power box as you possibly can.  AFAIK, long cords = more wasted power = higher bills, so it pays to have them right up on that box.  In the basement has some natural cooling involved too, although you'll probably want to set up some forced air circulation along with that, they put off a lot of heat.  Also they're loud, very very loud.

Security might be an issue too.  I wouldn't leave them unattended in urban areas.

Bitcoin mining is not profitable anymore unless you have outstanding hash power. You should try looking into other coins that have a potential to rise and easier to mine.

If you really want btc mining, it is okay, but I will wait for your location and any other details. Maybe you are also considering GPU mining, which you can mine Ethers, the most profitable atm. I set up mine just recently, so I cna help you with that. If you are interested in GPU mining, message me your contacts and we can talk. Thanks.

Ok. Thanks. I'll edit the post or make a new one.

You should probably post more details about your situation so people know you are serious.
Location, electricity prices, what you expect out of mining, etc.

I have an empty house that I own and want to set up for bitcoin mining. The whole house is empty with no furniture in the house. Power is $0.135/kW/h. I've looked at the Antminer S9s. I know it will cost high end around $3200/unit shipped to my home. I have access to 50 MB/s WiFi that will cost $70/month. I considered having 3 different routers setup all on different service. I'm considering setting up about 10 Antminer S9s. Power will cost $4.29/day/unit. This is approximately $130/month/unit. If I setup 10, my monthly bills for power would be approximately $1700/month ($1300 from miners and $400 for excessive cooling). My monthly bill for internet would be $210/month if I setup 3 separate services. My total monthly expenses would be $1910/month. This isn't including any pooling fees or anything like that. That's why I need help. The mining profitability calculators I've used tell me I can mine 0.15 BTU/month at current difficulties. At the current price, that is $352.20/unit/month gross profit at current BTU prices ($2348/BTC). That's a total of $3522/month/gross profit. I should net profit $1612/month at current prices and current mining difficulty factors. Does this look accurate? Anyone want to work with me on this project? I also know that mulipool mining is another route I could take. I need someone experienced to work with me. If you're interested, let me know and tell me your experience.