Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: dbd71w on June 04, 2020, 08:03:27 PM



Title: My first ASIC
Post by: dbd71w on June 04, 2020, 08:03:27 PM
Hi everybody! First I want to say that my English is not very good.

In my country cost per Kwh is 0.0032$. so i would like buy an antminer S17 e- (60 Th/s) my idea is used the first to learn about how does it work, how is the sound, how does red work, nodos, profit,and everything else. In addition to that, I will plan the electrical connections in the future, conditioning the rooms and everything that I consider pertinent.

Now. What is my problem? well. here i don't know someone who has a farm. so i can not ask It is profitable?

i see the antminer on the OficialPage cost 800$ but this machine recovers the investment in a year according to Whattomine.com ok? now. in the next 6 months there will be newer equipment, and the blockchain dificult will increase. i thingk I will be obliged to buy a more current one without having recovered the investment. it look like a bad bussines but It feels like I'm wrong because the machines run out fast.

So. my question is.. is it profitable? Could I start with a machine? How long will this machine last before it stops being profitable?

Thanks.


Title: Re: My first ASIC
Post by: philipma1957 on June 04, 2020, 08:15:17 PM
If you have 0.0032 cent power that is under 1 us penny .

you will make money.

Now you also need decent internet.

Here comes the next part you need gear that works .

If your bitmain gear breaks you almost certainly will lose weeks getting it repaired.

Other issues some countries restrict mining and  mining may get you in trouble.

I would ask you.

How much power do you have?  4 kilowatts 24 hours every day is close to 100 kilowatts in a day or about 100 x 0.0032 = 32 cents

your miner earns about 5 or 6 usd a day so

5- 0.32 = 4.68 a day in 100 days 468 dollars.  next 100 days maybe 368 next hundred days maybe 268

that adds to 1104  in 300 days.  you could make money with this unit.


Title: Re: My first ASIC
Post by: dbd71w on June 04, 2020, 08:40:00 PM
Does it work? https://imgur.com/ZFScF4j. I will consider if the machine is damaged.

How much power do you have?  i really dont know.

days ago I called an electrician to find out if I needed anything and he said: you can have 5 more than 5 you have to change the cables for 20 machines. after that I have to develop a project.