Bitcoin Forum

How much is the cost of a mining Rig or mining computer? It cost about 1000$  or more?  To all have mining rig can you reply how much is your mining  Rig #POWEROFBITCOINS

It depend on what you want to mine, if it is bitcoins, a computer is useless for that, you would need an ASIC miner and those are really expensive and by the time you get them the ROI is almost impossible. If you wanna mine Dagger Hashimoto (Ethereum for exemple) you can get a cheap computer and put some AMD RX 480 in it and make a small profit if your electricity is cheap (But for how long ? And also, if you can find one). It's not as easy as it use to be to mine these day.

Speaking of mining if you are still going to use a mining computer or GPU you will have a hard time mining and your power consumption will e much higher compared to your income. Instead of a mining computer choose a mining RIG instead. THe mining rig costs depend on what kind of mining hardware are you going to use and what kind of set-up and hashpower you are going to have.

A computer can mine crypto currency however its only effective for lower difficulty on Bitcoin.    For security reasons Bitcoin has developed beyond being mined on a normal computer.    I can remember this being possible but it was many years ago.

Today you would need specialist hardware to mine Bitcoin and be successful.   You can always use a wallet to be a user of bitcoin but not a miner discovering new bitcoins on that particular blockchain.

I don't have much idea whats the exact price of each miner but you can actually check it here bitmain.com, this place has it all when you do have plans on mining bitcoin. Mining it with a computer is not possible on this days since you will need asic miners which you will definitely find on that site that I gave the only thing you can mine using pc computer is on altcoins and with the use of GPU's.

Not just the cost will be high but also your computer will become too condensed with hot bus lines and may be dead soon enough. Mining is not a simple calculator programming it is something big and need lots of memory as well as electricity consumption. Computer mining is so slow these days that it will take 1 thousand years to mine a block and solve it completely on desktop CPU (the average one). Rigs are big, made for the desired purposed so they stand a chance to block identification.

We can start mining by using our bitcoin first, to mine altcoin, then later if we have the capital to make a simple mining machine all depends on the capital