Thanks for the advice , however this method relies solely on speculation , and I see more potential in the mining sector , as at the current rate of 25 BTC for every 10 mins , it will take another 3.8 years untill all the possible bitcoins are mined .

By the way , will the processing fees will be enough to sustain the existence of the bitcoin miners once all the bitcoins are mined and there is nothing else to mine . Assuming the Bitcoin doesn't fail in the meantime , will the processing fees cover the expenses of miners or would they be able to make any kind of profit ?

I came across it while googling , and I found this company in Estonia who is allegedly producing it . I only submited an email inquiry with no response so far . Anyways , if it is for real I would only buy it in person by pshysically going to Estonia .


Thanks for the advice , I am currently seeking cheaper alternative power supply in my home-country , not where I live .

When you say that in about 40 days I will be loosing money , are you reffering to the fact that new technology will be available on the market that will make the S7 somehow obsolete ?

What is an acceptable power rate in order to perform some profitable mining using the S7 ?

I am a risk taker by nature , and This is my first contact with the cryptocurrency world which is gaining some serious momentum worldwide and I don't want to miss out .

This is my first topic on this forum , and I am seriously thinking to start a small Bitcoin mining farm , and I have around 30k USD to invest in this venture . Would you consider this investment a good one , considering the current developments in the bitcoin industry as well as the fact that the local power rate in my area is around 0.22 USD/KWh .

I am interested in either the Antminer S7 or the Uranus Miner 6.0 TH/s .

Any tips on how to buy the equipment at a lower price , or cheaper setup alternatives , if any . 

Thanks for your support .