bleak. haha. I called the guy at at Musk Mining. He seemed pretty legit, but if you crunch the numbers the pay back periods aren't that great even when you freeze at todays price and difficulty.
I would mine coins only on my equipment and on my territory. If you don’t have such an opportunity now, then buy bitcoin. Any mining hosting ways work in their own interests and find a way to outsmart you with a contract to purchase and maintain your ASIC. 
Topic: Who are the Reputable Mining Hosting Companies? - page 2. (Read 561 times)
bleak. haha. I called the guy at at Musk Mining. He seemed pretty legit, but if you crunch the numbers the pay back periods aren't that great even when you freeze at todays price and difficulty.
8.5 cents per kW and you have to buy the equipment from them?
Take Phil's advice, for 10k nowadays mining is not really worth it, you won't get discounts, you won't get the best deals for 2-5 miners, and you'll end up making a few bucks each day counting the days till you might ROI.
Fine, accepted, you only have two to three options left and it will be better if you listen.
1. Move out of Texas and go the electricity bill is not very high.
1. Move out of Texas and go the electricity bill is not very high.
Did you type this while being serious? Cause I can't stop smiling while reading!
bleak. haha. I called the guy at at Musk Mining. He seemed pretty legit, but if you crunch the numbers the pay back periods aren't that great even when you freeze at todays price and difficulty.
Dude buy 10000 worth of btc and call it a day.
if you are nervous do 2000 a month five months in a row.
bleak. haha. I called the guy at at Musk Mining. He seemed pretty legit, but if you crunch the numbers the pay back periods aren't that great even when you freeze at todays price and difficulty.
Hosting solution to mine Bitcoin? You will probably be scammed in the end if you keep up with this, your electricity is high? Fine, accepted, you only have two to three options left and it will be better if you listen.
1. Move out of Texas and go the electricity bill is not very high.
2. Forget Bitcoin mining and invest in Bitcoin.
3. Invest more on solar energy or other.
Bitcoin mining is not a do or die investment, there are other legal ways you can make money with Bitcoin and in your own situation it's better you change location or invest more on solar energy or just forget Bitcoin mining and buy Bitcoin direct and hold.
Any other ways apart from what I said is scam, especially anything cloud or rent space, etc.
1. Move out of Texas and go the electricity bill is not very high.
2. Forget Bitcoin mining and invest in Bitcoin.
3. Invest more on solar energy or other.
Bitcoin mining is not a do or die investment, there are other legal ways you can make money with Bitcoin and in your own situation it's better you change location or invest more on solar energy or just forget Bitcoin mining and buy Bitcoin direct and hold.
Any other ways apart from what I said is scam, especially anything cloud or rent space, etc.
I'm new to bitcoin mining. Looking to make an initial investment of about $10k with more to follow if things go well. My electricity costs at my house are not so great about $.15/kwh, so I'm looking for hosting solutions. When searching for a hosting company, almost all the websites look the same. I know quite a few can be scams. No one lists their prices on their website. Who are the reputable hosting companies? Are there review sites where people discuss their experiences?Is there a way for me to easily compare different hosting companies?
I'm in Austin Texas. It's definitely a plus if I can visit the facility and it's located in Texas.
Thank You in Advance!
I'm in Austin Texas. It's definitely a plus if I can visit the facility and it's located in Texas.
Thank You in Advance!
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