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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Venezuela Free Electricity Mining 2018. GPU or ASICS on: May 24, 2018, 03:39:07 AM
If you're getting the D3s for $300 USD each, they're going to provide the best $/performance out of all the miners you listed- the S9 does better in terms of $/month on free power (D3- ~$100/mo, S9- ~$195/mo according to Nicehash), but it's not worth paying so much extra for a bit more performance when you can get 3 D3s for about the same price as a single S9 and make much more than just one S9. You're also going to make the fastest return on your money compared to everything else you listed getting the D3s- According to Nicehash, you're getting about $100 per month per miner, so you break even in ~3 months.

I would advise against getting GPUs right now the way things are going currently. FPGAs are running rampant and ASICs are actively being produced for just about every popular algo you can think of.

i understand what you say, and also think about the same way that d3 are most profitable of the 3 options, now what i would like to study is if atm profitability will be the same in 3-5 months from now, obviously no, but i have to decide which one may be most profitable in the long run.
What do you think?


I am also from Venezuela and I will tell you my case, I decided to diversify the investment. I have 6 RX 580, and also about 2 D3.

I tell you that the E3 is not an ASIC. It's just a disguised mining rig.

Anything you send me MP and we exchange some tips

How are the atminers d3 working for you? how much did you buy them for? i was looking at eastshore.xyz and seems good price and some people here have already bought from them
2  Alternate cryptocurrencies / Mining (Altcoins) / Venezuela Free Electricity Mining 2018. GPU or ASICS on: May 23, 2018, 09:03:32 PM
Hello, i am new to this forum and i appreciate your advise, i am from Venezuela and been for about 5-6 months studying the mining world but still have a lot to learn, this will be my first mining investment and i could really use your advise and expertise (BTW sorry if my English is not good enough)

Basically i have super low cost electricity in Venezuela and also i have an small warehouse i could use to set up my miners (no problem with loud sounds) i have been considering starting with one of this options and here is what i think so far.

1. Buying 12 antminers d3, they recently lowered the price to about $300, and start mining Dash or other X11 coins, studied a bit of dash difficulty chart and seems it has lowered recently so i dont think that it could get higher as it was months before as mining is not profitable for most people due to high electricity cost. My worry is that Dash price go so down it wont be profitable even with low electricity in the next 6-10 months i plan my ROI

2. Buying 5 antminer s9 for about 1000 each, and start mining Bitcoin or some other coins that have SHA-256 algo, my worry is that bitcoin difficulty just seems to go up and up, and if in 5-6 months difficulty doubles as it did before i may end up with a lot of time before i return my investment. also is probable that bitmain would realease a new antminer this year that mines bitcoin at much higher rate making it less profitable for me.

3.Setting up and 12 rx580 GPU mining rig, probably two 6GPU rigs, and start mining Ethereum and other coins, my worry is that as bitcoin will realease Antminer z9 mini and just released antminer e3 for ethereum as happened with X11 algo, difficulty will go up a lot for most profitable coins that are in the Equihash algo or the Ethash coins, if some of the Equihash coins fork to be asic resistant, they would have more gpu miners coming to them with higher difficulty, lowering profits.

If you were in my position what would you do, thanks in advance for your replies i really appreciate them very much.
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