Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: clueless_gsm on August 06, 2017, 09:12:32 PM



Title: Building New Farm for Mining is good nowadays ?
Post by: clueless_gsm on August 06, 2017, 09:12:32 PM
Hello,

im new to this forum, i need help & advice from experts.
is it profitable now to invest and build a new farm for mining and make coins ?

we used to have farm with GPU for Nokia Sl3 Decoding but later prices dropped and we wasn't able to survive so we sold everything,

i want to build an farm now again to make Coins , i have researched so far i have checked etherum is better to make ATM but some says BTC & Altcoin

also which hardware is best to buy & consume less Electricity and provide more speed , should i buy Asics or i should stick with the GPU
but i guess if i buy asic i have to stick with the bitcoin if bitcoin goes down i will be fucked up so guys if you could advise whats better to go for ?

please experts if you can advice me here would be really appriciated.

Many thanks in advance.


Title: Re: Building New Farm for Mining is good nowadays ?
Post by: Skol600ml on August 06, 2017, 09:19:06 PM
Only you can answer how much an Asic, GPU and Energy would cost to you.
Then you need to use a calculator to see how long will take to get your money back.
You are the chosen one.


Title: Re: Building New Farm for Mining is good nowadays ?
Post by: Guvn0r on August 31, 2017, 07:58:50 AM
Asic may be the best way to go if you have lot of money to invest...if you buy asic for alt coins there are options for you to buy from like innosilicon and baikal, but afaik Bitmain alone makes asic for BTC mining (good hashrates)... I am also investing to build a small farm, I am starting with a batch of scrypt miners from innosilicon..now will see how things move and may be upgrade to BTC mining as well.



Title: Re: Building New Farm for Mining is good nowadays ?
Post by: MetaSk on August 31, 2017, 08:04:01 AM
You can still catch the train, sooner you invest the sooner you'll start making money.
I say go for it!