Go with a reputable hosting provider with low electricity like giga watt. they will host your S9's and it will cost you much less in electric costs increasing your profit and lowering the amount of work you have to do to keep them running. Do their ICO and save a ton, 3.3 cents a kwh https://cryptonomos.com/?r=1H2MkmZnQak9mIc0NKCaddDsQ or just pay the regular rate https://giga-watt.com/promo/prices
They sell miners but you can have your miners shipped to them and they do setup free and low maintenance fees. If your power was below .1 kwh I'd say you have a fighting chance long run, but a price drop and or difficulty increases and you'll quickly be getting squeezed out of any profit. If your gonna invest 30k might as well do it the professional way and get the best advantage you can by partnering with professional miners. if you were just gonna do one or two S9 not a big deal if you lose a little but 30k you should seriously look into hosting especially with your high electric costs.
Topic: Starting bitcoin mining ready to invest 30 k or more (Read 942 times)
I would suggest buying a few nVidia 1070s for mining Zcash as they do quite well and compared to the RX 480s are pretty economical and can even be found for less than 300 refurbished. When the mining hype gets lower and the 480/580s come down to msrp they will be ok, but I don't think that's happening anytime soon. 1070s do ETH well, but cost per MH is higher than a 480/580.
Much appreciate thank you guys
Hello, i have been doing mining with baikal for a few weeks but now i am interested in selling them and buy antminer s9 about 25 of em, i am currently living in the uk so the electricity price is about 0.10-0.12 $ probably of i make a contract as business it will be slightly cheaper.
Is it worth investit for these S9 or should i go to altcoin mining ?
Thank you
Checking on the electricity/energy cost I can say that you would be profitable since its not too expensive compared into my place. 25 s9 would be really a good farm after all. Just do remember the other things like ventilation,maintenance and other stuffs that are commonly needed on having a farm. s9 miner is the latest one then go for it. Just been said above altcoin mining would be also good but still this thing would be on your decision/interest since its your money. Is it worth investit for these S9 or should i go to altcoin mining ?
Thank you
altcoin mining is better for now, but minign bitcoin directly still give you a decent profit with the current value of bitcoin and also give you the possibility to support the network or show support for segwit or BU
with that electricity i think you can invest relatively safe in a s9, since there will not be any stronger miner than this for many months you should be only worried about the diff, which is always following the value
if you can get those s9 second hand would be even better, something like around $1200-1500
with that electricity i think you can invest relatively safe in a s9, since there will not be any stronger miner than this for many months you should be only worried about the diff, which is always following the value
if you can get those s9 second hand would be even better, something like around $1200-1500
Hello, i have been doing mining with baikal for a few weeks but now i am interested in selling them and buy antminer s9 about 25 of em, i am currently living in the uk so the electricity price is about 0.10-0.12 $ probably of i make a contract as business it will be slightly cheaper.
Is it worth investit for these S9 or should i go to altcoin mining ?
Thank you
Is it worth investit for these S9 or should i go to altcoin mining ?
Thank you
Jump to: