Very low electricty fee

[siforek]

In that case it might not be a bad idea to really do something there dude! Like I doubt Genesis Mining could get those kind of rates. Do what someone else mentioned where you lease space/hashpower to other miners. After you get a few rigs going of course Best of luck!

[jijikill]

In that case it might not be a bad idea to really do something there dude! Like I doubt Genesis Mining could get those kind of rates. Do what someone else mentioned where you lease space/hashpower to other miners. After you get a few rigs going of course Best of luck!

Just bought two rigs, setting up right now weee !! thanks for everyone helping , I think I will try to leash out or see anyway to do partnership with anyone who's interested since I do still have plenty of spaces

[fmz89]

Hi guys, because of some reason, the place I live now has super low electricity fee, around $0.02/kwh , should I start mining? My place can withstand around 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash

oh man thats was cheapest i ever heard, mine with second hand gpu like 290x/295/7990 should be awesome
295 give you around 6.6$/day
290x 3.3$/day
7990 3.5$/day
rx 480/580 2.5$/day
r9nano/fury x 2.9$/day

the best choice its 290x dual mining eth/lbc, around 170-200$ 2nd gpu

[fmz89]

Thanks for the advice, may I know what is the Cons of having BTC ASIC ? I saw many people say GPU mining rig is better than ASIC

yeah true gpu its better choice

[jijikill]

Hi guys, because of some reason, the place I live now has super low electricity fee, around $0.02/kwh , should I start mining? My place can withstand around 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash

oh man thats was cheapest i ever heard, mine with second hand gpu like 290x/295/7990 should be awesome
295 give you around 6.6$/day
290x 3.3$/day
7990 3.5$/day
rx 480/580 2.5$/day
r9nano/fury x 2.9$/day

the best choice its 290x dual mining eth/lbc, around 170-200$ 2nd gpu

Question : why do you dual mine LBC instead of DCR,Sia or ubiq? Is the profit good?

[ipanks]

Hi guys, because of some reason, the place I live now has super low electricity fee, around $0.02/kwh , should I start mining? My place can withstand around 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash

if you can buy more than 1 rig, then i think you can start mining and i think you can get profit if you can choose the right coins. with that low electricity fee, i see your chance to mining is big but you need to search and test the potential coins so you can make profit in a week or month.

[jijikill]

Hi guys, because of some reason, the place I live now has super low electricity fee, around $0.02/kwh , should I start mining? My place can withstand around 60-70 miners I think , I will be starting with 2-3 as I have no much extra cash

if you can buy more than 1 rig, then i think you can start mining and i think you can get profit if you can choose the right coins. with that low electricity fee, i see your chance to mining is big but you need to search and test the potential coins so you can make profit in a week or month.

Just set up 2 rigs , both 6 mining card Nvidia P106-100 , hash rate around 140 after overclock, the profit is quite good from the estimation shows lol

[Paractor]

Thanks for the advice, may I know what is the Cons of having BTC ASIC ? I saw many people say GPU mining rig is better than ASIC

yeah true gpu its better choice

You can mine many different coins with GPU.