Bitcoin Forum

I'm going to be living on campus for the next few years so I don't have to worry about electricity, and I was wondering if anyone could recommend a cheap and efficient miner that I can purchases. I can spend around $100-$200 starting off. I'm not planning on hardcore mining just something productive going on while studying. I was also wondering if anyone could recommended what type of currency I should try to mine? I'm still studying a little about Bitcoins, but have yet to set up a rig or even mine any type of cyber currency.

You can try with an S1 (is a little more expensive for a budget of 200$, but you can easily achieve ROI with free power)
Actually scrypt mining is very risky cause scrypt asics are very expensive but especially they have frequent price cut, that make even harder the choice of invest on it or not

If you are going to have a roommate, you may want something like a USB miner that does not /require/ a fan. Note that some people run them with fans anyway. If your roommate is sensitive to the noise, it may be an issue. You can probably find cheap USB miners on Craigslist and similar.

Otherwise yeah, look for the S1. It is reasonably quiet and fast enough that it will still be worth the space it takes up in your room.

Just a word of warning. The S1 is awesome, but it is a bit loud, particularly if you overclock it, which you should since your energy is free. And it will work as a space heater for a small room. They really can put out some heat and I imagine it could be a problem in a small dorm room.

Maybe you can put a bookshelf or something directly under your window, then keep the window open as much as possible to expel the hot air. Good luck! More college students should be as wise to take advantage of this investment :)

Yes, definetly, especially in the morning after a lot of hours with a closed window you will certainly notice the warmer temperature in your room

cheeky, but much respect

A waste of effort... even with free electricity. You'd make more money in 15 minutes panhandling in front of the student union than you would mining for 3 months with an S1.

And I wouldn't be surprised if every University had a "no bitcoin miners in dorm rooms" rule. Remember, there is no such thing as free electricity. Alright, maybe if you have your own windmill or something. But someone ultimately has to pay the bill. And if Universities suddenly had spikes in their power costs, they'd certainly investigate why and make necessary adjustments. ;)

Buy a few antminer s3, If you are worry about the mess you can buy antminer s2 instead.

I'm assuming you're going to have roommates.  You can use a load S1/S2 if it bothers your roommates.  An S3 might be a good option for you.

Don't waste your time posting on this thread people.

OP joined May 12th made 1 post and hasn't signed in again.

No doubt account will be for sale in the future as an 'aged' account, same as hundreds thousands of others like it.