Mining RIG (Hardware) In India

[ZACKSMITH667]

Hi All,

I want to start mining from my house in nagpur. Does anyone can suggest whether I should do GPU Mining or ASIC Mining. and where can i get these hard wares in india.

What kind of set up should i need to earn around $1000/month.

Please suggest your opinion will help other members too

Zack

[bitcoinisbest]

Kindly check the various thread here in this section. You would come to know that minning is not at all profitable and at the end you will up for a loss to grab. So better than investing in mining buy btc and keep it.

[hu!k]

Rx 470s are the most profitable gpus at the moment.
With a 6 card rig , you can expect monthly revenue of 210 dollars.
5 rigs = 1000 dollars revenue per month. Check my post.
Breakeven will be approx 1 year. After 1 year , all profit.

[Smarty14392]

You can earn much in mining just by using proper ASIC miners.
The more you invest the more profit you get.
Some of the best ASIC miners are:-

        (Miner).          (Hashrate).     (price)
1) AntMiner S5     1155 Gh/s   $370.0
2)AntMiner S5+   7722 Gh/s   $2307.0
3)AntMiner S7   4.73 Th/s   $479.95
4)AntMiner S9   13.5 Th/s   $1,987.95
If you use GPU to mine coins you will get some coins but the electricity cost many be high.
I would prefer using ASIC miners.
Many more miners can be used.