I am interested in mining. I have a decent amount of money to throw around and my one buddy wants to help. I talked to someone and they told me script is the way to go. I am getting the idea that I would get into a pool as well. Can anyone tell me what would be the best way to mine the most coins profitability wise minus the electricity? In case someone asks, lets say I had 25k to play with. Also how can I tell what machines/how many machines can be going at once without popping a 30 amp breaker? Would I be better going with a great hardware over time or with script? Thanks for any help you can offer.
simple answer is 30 amps of 120 v or 240 v ..
I will do you math for free:
30 x 120 = 3600 watts 75 % of that = 2700 watts
30 x 220 = 6600 watts 75% of that = 5400 watts
you want sp20's on sale at spondoolies-tech.
if you underclock and have 120 volts power you can do 3 units and pull 2300 watts hash 4th
if you underclock and have 220 volts power you can do 6 units and pull 4600 watts hash 8th
cost = 814 a unit to the usa that counts shipping so 3 x 814 = about 2500 you need 3 psu's good ones
http://www.amazon.com/EVGA-SuperNOVA-1300G2-ATX12V-120-G2-1300-XR/dp/B00COIZTZM/ref=sr_1_1?ie=UTF8&qid=1417408332&sr=8-1&keywords=evga+1300+g2 3 psu's are about 550 some wires a switch a router
so you are at 3050 make it 3100 and you run 3 units doing 4th
or you are at 6200 make it 6200 and you run 6 units doing 8th
free power and the net for free and cooling free.
if you do the smaller with your free power
3100 usd in by
dec 2015 you would be paid off and ahead around 1200 usd
6200 usd in by
dec 2015 you would be paid off and ahead around 2400 usd
most likely the above is conservative . but If I was to offer consulting advice I would have to say that is a lot of power to get for 'free' so you better understand that if that power cost 10 cents a kwatt it would be:
2000 usd if you were doing the 3 sp20 method
4000 usd if you were doing the 6 sp20 method
so after 1 year a new startup would lose 800 usd or 1600 usd if you have no parts to start with.