Hahaha,
Power and energy I may know a deal on.... crypto a big fat '0' at the min, my goal is to turn some of the waste energy into cash but that dream is fading as I read more and more into the pitfalls etc of mining. This looks like it could become a hobby as its fascinating the shit out of me right now... and because of that ive ordered parts for a 2 gpu setup mainly just to learning, then maybe get a few gpu rigs up and mining.
Heres my conundrum and the million dollar question.
After a long convo with my friend who owns the power/location it seems I can only have a small corner of space, approx. 1 rack of dexian bolt together shelving maybe 2 at a push. He is not keen on pc's approach as he thinks they would attract attention of the people that occasionally come around and ASIC wouldn't as just 1 pc and the rest are noisey silver boxes no one recognizes, he is worried about theft and prefers the blank box solution, but honestly I don't.... If I was to set up messy pc's with gpus every where im sure he would have kittens.
heres my question guys. as I have a lot to learn...
my thinking is this. Buy 6 x ANTMINERS L3+ and leave at his location, mine LTE and use profits (if any) to buy pc equipment and gpu mine later.
this addresses 3 issues. 1 my fussy mate and 2 my lack of knowledge (gives me time to play on a smaller GPU rig) and 3. there is a possible other location I can access to put pc's to gpu mine but that wont happen for at least a year. (a CHP plant mainly wanting the heat! electricity is a by product!!!!)
I don't want to jump in balls deep with antminers, as I really don't like the idea of buying something that just does 1 job (and I also have no control), but I feel I am being pushed that way. My main concern is will I even come close brake even with the cost of equipment in this late stage of mining LTC with ASIC. I don't want to spend £10k on Miners to be £6k out of pocket due to getting sweet fook all back. That's not the case though is it? if it all went to shit id just have to mine a lot longer to recoup the costs, right?
If all works out and I get some cash back does anyone think GPU mining will even be viable in a years time? as if im forced down the antminer route now I wont have the cash till its all paid off. circa when ever
I cant wait to get home and GPU mine lol (i am maxing out the internet here with pages and pages of altcoin mining info )
If all works out well i could be mining using GPU at the next location (he has 10's of KW's spare) using any profits for Antminers at the Hydro place to fund the latter.... but tbh just breaking even would be nice!
off line wallets? how much space do i need on HDD?
with GPU mining does a SSD HDD even make any difference?
can you mine GPU if there is an internet loss of connection for a short time?
whats your guys average use for internet bandwith ? (vs your capacity (#rate)
is windows or Linux better?
so whats your thoughts on it all guys?
Cheers guys
