My first ASIC

[dbd71w]

Hi everybody! First I want to say that my English is not very good.

In my country cost per Kwh is 0.0032$. so i would like buy an antminer S17 e- (60 Th/s) my idea is used the first to learn about how does it work, how is the sound, how does red work, nodos, profit,and everything else. In addition to that, I will plan the electrical connections in the future, conditioning the rooms and everything that I consider pertinent.

Now. What is my problem? well. here i don't know someone who has a farm. so i can not ask It is profitable?

i see the antminer on the OficialPage cost 800$ but this machine recovers the investment in a year according to Whattomine.com ok? now. in the next 6 months there will be newer equipment, and the blockchain dificult will increase. i thingk I will be obliged to buy a more current one without having recovered the investment. it look like a bad bussines but It feels like I'm wrong because the machines run out fast.

So. my question is.. is it profitable? Could I start with a machine? How long will this machine last before it stops being profitable?

Thanks.

[philipma1957]

If you have 0.0032 cent power that is under 1 us penny .

you will make money.

Now you also need decent internet.

Here comes the next part you need gear that works .

If your bitmain gear breaks you almost certainly will lose weeks getting it repaired.

Other issues some countries restrict mining and  mining may get you in trouble.

I would ask you.

How much power do you have?  4 kilowatts 24 hours every day is close to 100 kilowatts in a day or about 100 x 0.0032 = 32 cents

your miner earns about 5 or 6 usd a day so

5- 0.32 = 4.68 a day in 100 days 468 dollars.  next 100 days maybe 368 next hundred days maybe 268

that adds to 1104  in 300 days.  you could make money with this unit.

[dbd71w]

Does it work? https://imgur.com/ZFScF4j. I will consider if the machine is damaged.

How much power do you have?  i really dont know.

days ago I called an electrician to find out if I needed anything and he said: you can have 5 more than 5 you have to change the cables for 20 machines. after that I have to develop a project.