People from Delhi and NCR doing mining or minting

newwest

member

Activity: 686

Merit: 26

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Quote from: anad98 on May 21, 2018, 12:30:36 AM

Can any one share the risk and return analysis and the cost involved and break even period and monthly returns from mining at the cost incurred in INdia ?"

Not at all worth to do the mining in India considering a high cost of electricity involved unless you can get free electricity. Also now the next step of govt would be to close all the mining rigs and setup so if you planning then be ready for a quick shutdown and eventually you will end up in a huge loss.

Guvn0r

sr. member

Activity: 647

Merit: 274

https://whattomine.com/

https://www.nicehash.com/profitability-calculator

You can use these to find ROI. But it will only be accurate w.r.t current difficulty and market price. It is really hard to predict what will happen in the crypto market and mining profitability heavily depends on the market price and difficulty.

If you are seriously thinking about investing with considerably big amount, it ll be much better to buy cryptos from exchanges and hold long term. One good project is IOST (link in my sig).

anad98

newbie

Activity: 19

Merit: 0

Can any one share the risk and return analysis and the cost involved and break even period and monthly returns from mining at the cost incurred in INdia ?"

anad98

newbie

Activity: 19

Merit: 0

Hey guys,

Any one from Delhi Ncr doing Mining or minting from GPU setup or from CPU ?

Topic: People from Delhi and NCR doing mining or minting (Read 163 times)