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Topic: The $20,000 Startup Mining Question - page 2. (Read 520 times)

full member
Activity: 952
Merit: 175
@cryptocommies
February 03, 2018, 06:10:33 PM
#4
In home, you should stick with GPU
full member
Activity: 462
Merit: 118
February 03, 2018, 02:36:38 PM
#3
Hi folks,

I am looking to put $CAD 20,000 into a startup mining project at home to learn about the business, assess longer-term viability and of course to have fun. I was wondering what you would recommend to start with in terms of specific hardware as well as which coins to mine at launch. (All hardware costs assume Manufacturer list pricing, and are in $CAD)

Right now I'm thinking about the following:

3 Antminer S9s mining Bitcoin: $10,000
1 Antminer A3 mining Sia: $1,700
1 Antminer L3+ mining Litecoin: $2,300
1 GPU rig mining Altcoins $4,300
Cost for electrician and incidentals: $1,700

Total: $CAD 20,000

I'd live to hear how YOU would invest the $20,000?

Cheers.


U did not take into account your setup and cooling costs. U need to rent a place as the noise is very loud or find some expensive soundproofing solution. Do not underestimate the noise.
legendary
Activity: 1652
Merit: 4393
Be a bank
newbie
Activity: 1
Merit: 0
February 03, 2018, 10:30:22 AM
#1
Hi folks,

I am looking to put $CAD 20,000 into a startup mining project at home to learn about the business, assess longer-term viability and of course to have fun. I was wondering what you would recommend to start with in terms of specific hardware as well as which coins to mine at launch. (All hardware costs assume Manufacturer list pricing, and are in $CAD)

Right now I'm thinking about the following:

3 Antminer S9s mining Bitcoin: $10,000
1 Antminer A3 mining Sia: $1,700
1 Antminer L3+ mining Litecoin: $2,300
1 GPU rig mining Altcoins $4,300
Cost for electrician and incidentals: $1,700

Total: $CAD 20,000

I'd live to hear how YOU would invest the $20,000?

Cheers.
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