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Author Topic: I have $6,000 and want to start mining  (Read 638 times)
KalilLil
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August 31, 2017, 08:39:46 AM
 #1

So, I have $6,000, 2 rooms in my grandpa farm that he allowed me used paying 300 bucks a month for both (he wont mind how it will change the power bill, so its 300 bucks for free energy) and I want to start mining.

So far the best I could find on Ebay are those S9 Antminers for 900 Dollars (brand new + PSU + shipped to Brazil).

Those are really the best miners I can get for that price?

You guys have any advice? 6 Antminer S9 sounds good for a start? Planing to buy another each 3-4 months with the profit.
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iqlimasyadiqa
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August 31, 2017, 01:45:34 PM
 #2

If i have 6,000USD then i will buy RIG set, i will do ETH mining. Eth is currently one of the most profitable altcoins. So some of the best VGAs I'll buy and I think I'll be able to get the best hastrates with that kind of money. But all the decisions are on you because you know what to do.

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KalilLil
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August 31, 2017, 02:47:45 PM
 #3

If i have 6,000USD then i will buy RIG set, i will do ETH mining. Eth is currently one of the most profitable altcoins. So some of the best VGAs I'll buy and I think I'll be able to get the best hastrates with that kind of money. But all the decisions are on you because you know what to do.

Thank you very much for your help! What kind of RIG set you think I could manage to build? Any clue about MH/s GH/s? Haven't done much research on ETH (about diffculty increase), how long a RIG setup could still be profitable (considering the diffculty levels)?
Kumic
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September 01, 2017, 02:01:10 PM
 #4

Don't forget the POS option.
You can buy coins that are in POS phase and you can stake them or should I say produce them by holding those coins in your wallet.
In some cases, you could earn more money with POS than with rigs. And the good side is that you don't have high electricity cost. You just leave your laptop connected to the internet and that's all.

Down side is that if a POS coin price drops you could lose profit easily. If you buy mining rigs when a price of a coin that you are mining, drops you just switch to another coin.

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