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Author Topic: hi just curious and wanting to ask a question.  (Read 398 times)
Orion12
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September 17, 2017, 03:24:37 AM
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hi there i'm fairly new to bitcoin mining. and wanting to ask a question. so I live in canada at the moment where I live electricity is about .11/kw in (USD) been doing a lot of research for the past month or so on miner's and wanting to get into it a bit more beyond my regular gaming pc which currently makes around 1.50-2.50usd/day. so my question is what would you guys recommend for a budget of around 500-800 dollars. don't have the money yet but have to save up for it so time for further research. currently I was thinking possibly a used antminer s7-ln  but can't seem to find them anywhere anymore but haven't asked in the marketplace yet since i don't have the money yet. also I currently don't have to pay for power but i'm thinking if it's a machine that probably uses 100 dollars/month in electricity I would have to tell my landlord so he doesn't get pissed. but if it's like 30-50/month on electricity i won't tell unless he ask's.  so any advice on a new or used machine roughly around that price would be greatly appreciated thanks in advance.
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and Bither are OK.)
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cpfreeplz
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September 17, 2017, 03:27:27 AM
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If you're looking to buy an s7 they aren't that hard to find on bitcointalk or usually eBay. If you aren't paying for power just make sure you don't go nuts with a $500 bill to start or your landlord will freak!
Orion12
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September 17, 2017, 03:32:14 AM
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yeah i was thinking about a antminer s7 only reason i was kinda meh about it was electricity. was using this site https://www.nicehash.com/profitability-calculator/bitmain-antminer-s7?e=.11&currency=USD
as a gauge actual Ei Cost then just flat out kw from the wall calculator.
WalkingLiberty
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September 17, 2017, 07:43:47 AM
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Yeah, power is a killer but 59 bucks is 59 bucks and a lot of education!

Plus you can always resell the S7 if you decide it is not worth the effort.
Orion12
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September 17, 2017, 08:23:50 AM
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well thanks guys. think i may just save up a bit with my paycheck and mining bitcoin from my gaming pc, and buy a used s7 to start with from the market place here
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