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Topic: Very low electricty fee - page 3. (Read 1780 times)

full member
Activity: 274
Merit: 100
August 28, 2017, 04:35:33 PM
#8
In what country do you live, how is the temperature because in hot countries you need airco up and running 24/7 almost except evening sometimes.
full member
Activity: 200
Merit: 100
August 28, 2017, 04:25:10 PM
#7
Certainly if I were you I would be going aggressively into mining with few gpu rigs and couple of  antminers S9 and L3 each in fact you can buy S7 which is very cheap in fiat terms but consumes more electricity and since you have a negligible electricity cost and low budget  used S7 are the perfect choice for you 
sr. member
Activity: 476
Merit: 250
August 28, 2017, 04:21:07 PM
#6
Make sure you verify that circuit is enough to handle such power. Otherwise you will be sad if you experience a power related issue.
legendary
Activity: 910
Merit: 1000
August 28, 2017, 04:15:44 PM
#5
18 GPU should make you some really decent profit with your electricity rate. If I were you I would start buying all the parts for a rig like Processor, Motherboard, ram, ssd ,psu and GPU-s. At this moment rated by many as the most ideal card to mine with based on cost/performance/energy consuming is the GTX 1060 3GB which will give you 290 sol/s overclocked +200 memclock and about 22.8 Mhash overclocked.

18 GPU of this kind would make profitability for you for a day in bitcoin 0.0066 btc with 5220 sol/s you would get from these cards.

Almost same or only a very fraction more of profitability you will be doing when mining Ethereum.

It is about 0.21 bitcoin a month which is not a value to be underestimated especially nowadays with the bitcoin price at these high levels.
sr. member
Activity: 700
Merit: 265
August 28, 2017, 04:12:54 PM
#4
Since you have low electricity charges why don't you get an antminer or a similar miner for other coins instead of a GPU rig?
GPUs are a bit of expensive at the moment
full member
Activity: 168
Merit: 100
August 28, 2017, 03:46:22 PM
#3
Yes 6 GPU mining rig , so i would able to afford around 12-18 GPUs
legendary
Activity: 1878
Merit: 1038
Telegram: https://t.me/eckmar
August 28, 2017, 03:42:12 PM
#2
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 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash

When you say miners what do you mean exactly ? Since you are posting on Alcoin Mining I guess you mean mining rig that consists of 6 GPUs ? So when you say you have money for 2-3 miners that is 12-18 GPUs ? Or you have money for 2-3 GPUs ?
full member
Activity: 168
Merit: 100
August 28, 2017, 03:39:08 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 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash
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