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Title: New to the trade, help needed. Post by: takebackyourspace on October 03, 2021, 12:13:52 PM Hello everyone,
I'm looking to start bitcoin mining, I have a large amount of free electricity (Solar, around 12+ Kilowatts of unused power) and I want to maximize return on investment (ROI) in the least amount of time. My budget is around 1600-2000$ USD (Lower is better) and my location is in Nairobi, Kenya. As for purchasing an ASIC miner, with such a wide range of options, I'm a bit overwhelmed with the choice of what would be the best option for me. Also, I haven't really understood what internet speeds I would need to meaningfully mine crypto, would 10Mbps suffice? I don't have much experience in bitcoin mining but I do have a good knowledge and competency of the technology. Thanks in advance for any assistance. Title: Re: New to the trade, help needed. Post by: kano on October 03, 2021, 12:35:34 PM Alas you won't find any new Bitcoin miners for that very low price.
Current miners are around $6k to $10k for one miner. You'd have to go down the old 2nd hand miner path, which is full of risks and issues. Title: Re: New to the trade, help needed. Post by: takebackyourspace on October 03, 2021, 12:40:45 PM Alas you won't find any new Bitcoin miners for that very low price. Current miners are around $6k to $10k for one miner. You'd have to go down the old 2nd hand miner path, which is full of risks and issues. I see. So, in your opinion, what would be the best budget (Bang for buck) ASIC miner at that price range? Also, how much could I expect to generate daily with a miner worth that much? I know markets fluctuate a lot but I'd be interested in a general figure. Thank you for your reply. Title: Re: New to the trade, help needed. Post by: BitMaxz on October 03, 2021, 05:30:15 PM So, in your opinion, what would be the best budget (Bang for buck) ASIC miner at that price range? It depends on your Electricity rate if you have a free power source or near 0.02 cents you can start to buy 2nd hand miners. Start from buying used Antminer s9 and I'm sure there is someone selling it for a cheap price maybe around $200 each. You can use this tool https://www.mycryptobuddy.com/BitcoinMiningCalculator to calculate your ROI and daily earnings. For a list of ASIC and profitability, you can check this https://whattomine.com/miners Title: Re: New to the trade, help needed. Post by: takebackyourspace on October 03, 2021, 07:54:22 PM So, in your opinion, what would be the best budget (Bang for buck) ASIC miner at that price range? It depends on your Electricity rate if you have a free power source or near 0.02 cents you can start to buy 2nd hand miners. Start from buying used Antminer s9 and I'm sure there is someone selling it for a cheap price maybe around $200 each. You can use this tool https://www.mycryptobuddy.com/BitcoinMiningCalculator to calculate your ROI and daily earnings. For a list of ASIC and profitability, you can check this https://whattomine.com/miners Thanks for the tools. At 200$ a pop that would be much more convenient (if they are less risky)until I have generated enough cash to buy a higher-end product that yields a higher ROI. Again thanks for the help. Cheers Title: Re: New to the trade, help needed. Post by: Peace(ASIC supplierChina) on October 25, 2021, 07:54:57 AM Hello, I'm Peace from China. We're a supplier of ASICs. If you need any help, you can contact me, I'd love to help. My Whatsapp +8618826520846.
Our website:https://www.uni-star.org/ Title: Re: New to the trade, help needed. Post by: kano on October 25, 2021, 12:48:41 PM Hello, I'm Peace from China. We're a supplier of ASICs. If you need any help, you can contact me, I'd love to help. My Whatsapp +8618826520846. Interesting how you sold 1million miners from 2013-2021 without a web site until a few months ago ...Our website:https://www.uni-star.org/ Title: Re: New to the trade, help needed. Post by: Peace(ASIC supplierChina) on October 26, 2021, 09:03:30 AM Hello, I'm Peace from China. We're a supplier of ASICs. If you need any help, you can contact me, I'd love to help. My Whatsapp +8618826520846. Interesting how you sold 1million miners from 2013-2021 without a web site until a few months ago ...Our website:https://www.uni-star.org/ Hello, thanks for your comments. We have a small shop for selling ASIC miner offline before, not listed online. This year China banned ASIC miners, so we started to sell them online internationally, so we got the website. I can provide any proofs that you want to prove that we're a legit supplier in China, Thanks. |