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Author Topic: bitcoin mining startup  (Read 1222 times)
Syed Owais Ali (OP)
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April 15, 2017, 01:56:46 PM
 #1

hi friends
i want to know about bitnoin mining.i want to take startup.
i searched for mining hardware and discuss with some peoples. they suggest me to buy
Antminer L3+. can anybody explain me how much i can earn monthly with that??
or suggest me which hardware is best.
thanks
Iranus
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April 15, 2017, 03:08:52 PM
 #2

hi friends
i want to know about bitnoin mining.i want to take startup.
i searched for mining hardware and discuss with some peoples. they suggest me to buy
Antminer L3+. can anybody explain me how much i can earn monthly with that??
or suggest me which hardware is best.
thanks
The Antminer L3+ isn't a Bitcoin miner, it's a Scrypt miner (different mining algorithm, you would probably be mining Litecoin with it).

Monthly, you'd be returning at least a few hundred dollars, currently, but the reality is that the difficulty would rise a lot when the miner is released as loads of people will buy them, digging into your profits.  Your electricity costs would also take up part of the profit, and the Litecoin exchange rate might be lower by then.

If you're looking to mine Bitcoin, there are several other BITMAIN machines you can look at such as the Antminer S9.  You could also look at Avalon miners if you want.

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Wipro
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April 15, 2017, 06:25:36 PM
 #3

hi friends
i want to know about bitnoin mining.i want to take startup.
i searched for mining hardware and discuss with some peoples. they suggest me to buy
Antminer L3+. can anybody explain me how much i can earn monthly with that??
or suggest me which hardware is best.
thanks


Bitcoin mining increases in popularity and the Bitcoin price rises so does the value of ASIC Bitcoin mining hardware. This technology miners will be more efficient and high production by using it.
I can suggest you to try the antminer s5, antminer u3, avolon and etc... You could find miners in amazon to buy it.
Amph
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April 16, 2017, 07:21:26 AM
Last edit: April 17, 2017, 07:27:52 AM by Amph
 #4

it's true that the L3 isn't a bitcoin miner, but nowadays everything can be turned into a "bitcoin miner", just mine on nicehash, you will get payed in BTC directly, it's really no different than mining bitcoin directly

the only difference is that you are not supporting the network of bitcoin, but another one, and btw the L3 is not available until june, due to the fact that bitmain screweed up the value and the roi time was to short, they are now mining with it of course
Syed Owais Ali (OP)
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April 16, 2017, 07:46:32 AM
 #5

which mining is best?? dash, lite coin ,bitcoin??
if i buy antminer l3+ for lite coin mining will it be a good choice??
Iranus
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April 16, 2017, 11:58:59 AM
 #6

which mining is best?? dash, lite coin ,bitcoin??
if i buy antminer l3+ for lite coin mining will it be a good choice??
You could try going on whattomine.com, who kind of figure that out for you.  It might be annoying switching between all the different ones though.  There's also selling your hashing power on Nicehash as amph points out, or you could mine on a pool that automatically switches between all the most profitable coins, like Multipool.

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