The electricity cost is approximately RS.6 upto 300 units.
Does this seem viable??

Also, for how many years will ASICs like S17+ Work??
Can it work viably upto 3 years??
My main aim is to break-even the cost price of the machine and get at least $1000 in profits, so it might take 3 years??
If everything works well and i get at least $2000 back in about 2 years , i might purchase the S19 next.

What other cryptocurrencies can be mined with the s17+??


Also, can you guys recommend a good source for getting ever information and basics about bitcoin and ethereum mining??

I have finally decided to get this mining ASIC machine for bitcoin mining, and yes my final electricity rate is Rs.6.95 per unit.
This ASIC machine has some modifications and it has a hashrate of 100TH/S and the power consumption is 1500W. It's price is $1795. I fit these details into the bitcoin profitability calculator and it gave me a resulting profit data of $10.97 per day and $1843 per year while taking into consideration the effects of the bitcoin halving this year.
After the bitcoin halving, how will the profits for everybody get affected? Sorry for all of my questions guys, I'm just a begineer and it's hard to find the information about the results of bitcoin halving and ethereum shift to POS on the internet.

The mining ASIC----  https://promineruk.com/product/bitmain-antminer-s17-100th-s-1500w-psu-by-prominer/

regards,
vibhuti shyam

Dear Experts!!

Recently the supreme court of India lifter the RBI Ban on bitcoins in India. Now I want to start bitcoin or ethereum mining here, depending on your suggestions.. I thought of setting up a custom rig but then i decided on buying a miner from Bitmain and some other retailers, The cost of electricity per unit in my state is-- $0.091
The choices of rigs i have are-----

AntMiner T17+ $905

AntMiner S17+ $1565

AntMiner E3  $600  (for ethereum)


so, guys, any recommendations or suggestions??

if you guys can suggest a better "custom" build then please share it eith me, I'd be grateful to you all!!
My budget is around $1600 my main aim is to learn the basics of mining and try to recover the money i will invest in this project/new hobby in 9-10 months or a year from when I start.

Regards,
TheBitcoinChauffeur