Hello. I've been through many threads pointing potential mining opportunities at either China or Iceland. I need inputs and suggestions for both the locations. My hardware consists of 51.4 TH/s of Antminer S4+ and around 50 Th/s of Antminer S5.
1. Can someone tell me if people from other countries can setup mining facility in these locations?
2. As per your knowledge, Which part of China has the lowest electricity? (Sichuan. May be!)
3. What is the average price for Space in Sq.Mt or Sq.Ft in these locations?
Any other key points would be greatly appreciated.
100TH/s mining farm is pointless today.
It is so small.... for profit and to big, for hobby.
I have today, at the moment 46-47TH/s at my home (10Th/s in antpool , 37TH/s in nicehash.)
and 135 TH/s in hashnest. (117x S5)
Total 180Th/s , and it's still a pretty useless.
In my home has been the most 70TH/s miners, but I sell them all the time. Left 5x SP20 and many S5 + 2,8x Antminer S5+
When I buy a bunch of S7 , then I can easily go back to 70TH/s .
I have only 3 x50A 220V . Thus, the more economical miner is, then better for my home.
However, 10x S7 is almost 50 TH/s , so I can put in my home 100Th/s. But what is the point of this ? 250 day ROI ?
100Th/s incomes are today so low, even with free electricity. And I do not have free electricity.
I would have considered your option but I am looking to setup something of my own. And I am sure the customs duty will tear me apart if I ship out to your location. Sorry about that.
Do you really think that in China and Iceland are not customs duty ?