I have a project in which I have to set up a small mining rig using 5 Antminer s9 or a budget of approx. 10,000$ . Currently, I am thinking of doing it in Rishikesh because I have heard electricity is a bit cheap there and living expenses are also less.
I have some questions regarding it if someone can help?
1. Which city or place in India will be the best for this project?
2. Has anyone heard of oil cooling? Dipping the antminer in mineral oil? Is it beneficial than normal air cooling? Which is better?
3. Is it still profitable or sensible to mine? even if it takes for ROI to be in a year?
4. Should I go for all ASICS or should I diversify mining different coins?
5. Can I just rent a house and set it up? or Will I need something else?
Any Expert or Experienced advice will be appreciated
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Thank you