Hey, guys.
I'm relatively new to Bitcoin Mining, as you might as seen from the subject. I have a few questions in mind.
Before I ask, one of my hobbies is computer engineering: So you don't need to simplify anything regarding that subject.
Anyhow.
How easy is it to make a profit through mining?
How much should I initially invest?
If I want to make a big profit someday, what are some necessities? More importantly, how should I cool a big room of miners down?
The power here costs .13c/kWh, I'm pretty sure that's a vital piece of information you guys need.
Please help me get started with bitcoin mining! Thank you!! : )
Hi there,
How easy is it to make a profit through mining?
Mining could be profitable it depends on what miner did you use and the cost of electricity on your place.
How much should I initially invest?
If you decide to build a mining farm or only a single miner then you should buy the latest antminer s9 from bitmain,you could able to see the price there i think its about $2000 each(not sure yet)
If I want to make a big profit someday, what are some necessities? More importantly, how should I cool a big room of miners down?
Ventilation of said mining farm would really require a cool place specially when they are operating 24/7 .. if you decide to purchase many miners then cooling system will be very important and also the maintenance.
