bitcoin mining help / guide on s9miner india

[atin_garg]

Hello guys
I am form India.
I have interest in bitcoin mining form past few weeks.
i hav read few things on bitcoin , watched few vids.. but m not that expert into this..
i am new to this

I am planning to Buy S9 Miner from bitmain and import it.
can anyone guide me on weather to go for it or not?

any roughly idea on its viability? it it advisable to mine at present time with present difficulty level?
pls help

[1715206433]

1715206433

[1715206433]

1715206433

[mohucool]

As in present scenario, it may or may not be profitable.
If electricity charges are very low or free then you will get profit,
else with time, your income will shrink every month as difficulty will rise and you may not even get  ROI.
Also, you have to take account of maintenance and powercuts.

Check for mining profitability here.(it's approximation, actual results may vary).

You can also rather buy bitcoin and just hold it to earn from Bitcoin price gain.
Check Bitcoin buying guide here.

So if electricity is dirt cheap then only go for mining.

Hope it helps

[Mohank]

As in present scenario, it may or may not be profitable.
If electricity charges are very low or free then you will get profit,
else with time, your income will shrink every month as difficulty will rise and you may not even get  ROI.
Also, you have to take account of maintenance and powercuts.

Check for mining profitability here.(it's approximation, actual results may vary).

You can also rather buy bitcoin and just hold it to earn from Bitcoin price gain.
Check Bitcoin buying guide here.

So if electricity is dirt cheap then only go for mining.

Hope it helps

I heard that hardwares for minings are tougher to get and after gst it has become even costlier. Any thoughts to get it from inside India?

[mohucool]

As in present scenario, it may or may not be profitable.
If electricity charges are very low or free then you will get profit,
else with time, your income will shrink every month as difficulty will rise and you may not even get  ROI.
Also, you have to take account of maintenance and powercuts.

Check for mining profitability here.(it's approximation, actual results may vary).

You can also rather buy bitcoin and just hold it to earn from Bitcoin price gain.
Check Bitcoin buying guide here.

So if electricity is dirt cheap then only go for mining.

Hope it helps

I heard that hardwares for minings are tougher to get and after gst it has become even costlier. Any thoughts to get it from inside India?

yes its hard to get, you can ask in forum if somebody is selling miner in India.Though mining has become very competitive and profits are decreasing with time, do thorough research before you want to invest money.

[Mohank]

Yup are you into mining?

[mohucool]

Yup are you into mining?

nope, I am not into mining.