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Where abouts do you people live that are getting such cheap electricity? Do you live next to a hydro generating station? In my country no one has prices as low as a cent a kw or $2 a month. The potential to earn profit with this cheap electricity is endless. You could literally outlay as much as you wanted on hardware and still be making profit for years.
I live in Venezuela, I want to invest in this mining thing because of the cheap electricity and I see some people make good money out of this, I just would like some advice on getting started and maybe I can lend a hand to a bro in need, who knows. But I heard in your country the power supply is not very reliable to due to dryness of the reservoir, there is not enough electricity. Yes that's right, but I'm thinking to set miners up in a place they never cut electric service off, that's near a hospital and I have full access to that place. What is really worrying me is the noise, I've heard they are loud and even placing them in a cooled room with the door shut can bother the people living in that house, what can you tell me about that? If you can get a well cooled room, you could always put them in thee and remove the ans. The fns are the main part that makes the noise! It's [robably hard to get a room like that though (unless you consider putting your miners ina a climate controlled cabinet which would use lots of electricity though may be good if you have several miners running! I assume something like this may work: https://www.teslatest.co.uk/products/binder-mkt-series/ - But am not sure! The other solutions would be to 1) downclock your miners and use a big passive system or 2) use a very large fan instead of many small ones. Large fans don't do much noise. I'm thinking about putting them in a 9x9ft room with maybe a 18000btu a/c and leave the fans at auto. Thank you very much for your answers. |
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Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance.
wait a minute for a link. I used 2 cents a kwatt which is about $18.72 Thanks for replying, so that simulation says I'm recovering my investment maybe in two years? I'm sorry kinda new to this. I'm thinking about buying a new s7 and a power supply (maybe that's 600-700$ investment). To be honest the electricity bill is absolutely not a concern is practically for free. Even if you're past that point, you should factor in how much you paid for it.
Is it really 2$ a month or 2cents/kWh?
philipma1957 used a 4% difficulty increment but I would put more.
Above I said how much I think I'm expending in equipment, also give detail about the electricity service (cheap AF). But I don't really understand what the simulation says but I think it's something like by 2018 I'll make 600$? Will you still be profitable? What would your break even point be with the cost of your setup?
That are exactly my questions, thank you. |
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Where abouts do you people live that are getting such cheap electricity? Do you live next to a hydro generating station? In my country no one has prices as low as a cent a kw or $2 a month. The potential to earn profit with this cheap electricity is endless. You could literally outlay as much as you wanted on hardware and still be making profit for years.
I live in Venezuela, I want to invest in this mining thing because of the cheap electricity and I see some people make good money out of this, I just would like some advice on getting started and maybe I can lend a hand to a bro in need, who knows. But I heard in your country the power supply is not very reliable to due to dryness of the reservoir, there is not enough electricity. Yes that's right, but I'm thinking to set miners up in a place they never cut electric service off, that's near a hospital and I have full access to that place. What is really worrying me is the noise, I've heard they are loud and even placing them in a cooled room with the door shut can bother the people living in that house, what can you tell me about that? |
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Where abouts do you people live that are getting such cheap electricity? Do you live next to a hydro generating station? In my country no one has prices as low as a cent a kw or $2 a month. The potential to earn profit with this cheap electricity is endless. You could literally outlay as much as you wanted on hardware and still be making profit for years.
I live in Venezuela, I want to invest in this mining thing because of the cheap electricity and I see some people make good money out of this, I just would like some advice on getting started and maybe I can lend a hand to a bro in need, who knows. |
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Hi, I also have access to cheap electricity (right now it's 2$ per month) I'm in a low budget maybe buying a new s7, I'm new into this and would like you to give me some advice, how much money can I make per month with that s7? I'm a bit worried about the noise, so, putting it in a closed room would be enough? I have a/c in that room BTW. Ty in advance.
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Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance.
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