Bitcoin Forum
April 25, 2024, 04:17:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Mining > Mining speculation > Economically Built Miner
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Economically Built Miner  (Read 546 times)
bj2639 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
September 21, 2017, 08:11:45 PM
 #1
Hello,

I am new to cryptocurrency, but have extensive background in IT and computer repairs. While I know that the ROI on many pre-fab bitcoin miners is not good at the moment, do you think that I could achieve reasonable ROI on a rig that I build from scratch? I ask this because I realize that the major manufacturing companies are probably buying up all of the relevant chips and causing the prices to rocket up on those as well.
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
1714018650
Hero Member
*
Offline Offline

Posts: 1714018650

View Profile Personal Message (Offline)

Ignore
1714018650
1714018650
Reply with quote  #2
1714018650
Report to moderator
VRobb
Hero Member
*****
Offline Offline

Activity: 1610
Merit: 538

I'm in BTC XTC


View Profile
September 21, 2017, 08:14:03 PM
 #2
Keep researching, this has been discussed to death.  Short answer: no.
I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH!  Oh The SPEED!!!
NotFuzzyWarm
Legendary
*
Offline Offline

Activity: 3612
Merit: 2506


Evil beware: We have waffles!


View Profile
September 21, 2017, 08:16:37 PM
 #3
You cannot build a BTC miner from scratch. Altcoin miners that uses GPU's sure.
BTC miners use ASIC's that Bitmain, Canaan, et al custom design and have produced for them. The chips are by no means generic items and being built on the current 14/16nm node they are in VERY short supply from the Foundries such as TSMC which is why the mfgrs do limited batches.
- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
bj2639 (OP)
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
September 21, 2017, 08:26:33 PM
 #4
Ok, too bad. Thank you very much for taking the time to reply.
NotFuzzyWarm
Legendary
*
Offline Offline

Activity: 3612
Merit: 2506


Evil beware: We have waffles!


View Profile
September 21, 2017, 10:58:37 PM
 #5
Quote from: bj2639 on September 21, 2017, 08:26:33 PM
Ok, too bad. Thank you very much for taking the time to reply.
NP. However, as mentioned you CAN build GPU rigs to mine alts and then exchange those coins for BTC. Tons of info about that in Mining (Altcoins) section.
- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Mining > Mining speculation > Economically Built Miner
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!