Author

Topic: Very low electricity fee (Read 434 times)

legendary
Activity: 2016
Merit: 1106
August 29, 2017, 09:00:06 AM
#2
you have to answer these questions first:
1. are you familiar with what bitcoin is and have you done your homework https://bitcoin.org/en/faq    https://bitcointalksearch.org/topic/bitcoin-mining-101-just-the-basic-facts-2017-1944976
2. noise,is it going to be a problem
3. heat dissipation,is it going to be a problem
4. power,do you have enough power to operate the miners
5. do you have a legit source of getting the miners from? expect a couple of month's delay between ordering and getting them,unless you buy them from a third party seller

if you are fine with all of the above,you have cheap enough power to be able to achieve fast ROI
full member
Activity: 168
Merit: 100
August 28, 2017, 04:28:53 PM
#1
Hi guys, because of some reason, the place I live now has super low electricity fee, around $0.02/kwh , should I start mining? My place can withstand around 40 miners I think , I will be starting with 2-3 as I have no much extra cash
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