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congrats Phil ... thread #6 -- wow time past by fast!
I for one, am looking forward to the 1800 build -- I think many miss the point of the thread - its about learning, sharing and exploring new stuff -- making money is a given but knowledge and being nice to people, is more important IMHO.
To the gent in thread #5 about mining at home....
I started at home, but after 5 rigs.... wife not happy about the noise, heat and power bill, so I conveniently found a mancave/warehouse near the house. Me and my buddies (all recently retired) -- we pooled our funds and embarked on a modest mining empire. 2 years later, we have over close to 100 x GPU rigs -- big and small, plus Scrypt, X11 and SHA256 Asics hosted in Canada - thanks to cheap hydro power.
There was a question on profitability --- all I can say is all the wives are happy we didn't lose our retirement money and I think the last 2 years was the best that could have happened to the home miner, because it was profitable too!
While GPU mining is better for multi algo mining, algo specific Asics miners are also needed in portfolio to ensure that a balanced mining strategy.
.... that is why Asic miner sales esp from Bitmain are often out of stock.
I for one, am looking forward to the 1800 build -- I think many miss the point of the thread - its about learning, sharing and exploring new stuff -- making money is a given but knowledge and being nice to people, is more important IMHO.
To the gent in thread #5 about mining at home....
I started at home, but after 5 rigs.... wife not happy about the noise, heat and power bill, so I conveniently found a mancave/warehouse near the house. Me and my buddies (all recently retired) -- we pooled our funds and embarked on a modest mining empire. 2 years later, we have over close to 100 x GPU rigs -- big and small, plus Scrypt, X11 and SHA256 Asics hosted in Canada - thanks to cheap hydro power.
There was a question on profitability --- all I can say is all the wives are happy we didn't lose our retirement money and I think the last 2 years was the best that could have happened to the home miner, because it was profitable too!
While GPU mining is better for multi algo mining, algo specific Asics miners are also needed in portfolio to ensure that a balanced mining strategy.
.... that is why Asic miner sales esp from Bitmain are often out of stock.
Thanks for the responses Phil and citronick! I had considered adding more 120 breakers but don't know why I hadn't considered 240. Definitely reading this thread every day and soaking up information. Haven't been mining more than a few months but i've done a lot of research to start. For someone with a very small budget, is there any ASIC at all that would be profitable to operate? My GPU's are 3-4 month ROI's right now and I feel like that's a good spot to be in. I did consider an older antminer like an s4 or s5 to mine BCH with since that seems to be more profitable than BTC. What ROI do you guys typically shoot for?
