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designerhadi (OP)
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December 16, 2017, 04:38:40 PM
Last edit: December 16, 2017, 04:52:45 PM by designerhadi
 #1

Hello
I'm in need  guidance in the field of mining.
I have a blank and cool environment for setting up a mining Hardware . About 3 x 4 meters and has 2 cooler . I also have free electric power
Is investing in  mining  right for me?
I was looking for an investor to start mining. but I did not succeed.
Now I want to get a big loan to start mining.A $ 50,000 loan. With  2-year refund and about 15% profit return

I need guidance before starting. Is this venture wise?
Can I benefit from this? And pay the loan?

I want to use graphics card to mine.

Thanks.


Steamtyme
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December 17, 2017, 09:52:38 AM
 #2

If you are planning on using GPU's to mine you are best to look in the alt coin section.

You need an Asic machine for BTC. On that note decide what you want to mine and post in the appropriate section.

Having free Electricity makes mining profitable for you, once your initial hardware is paid off it will be all profit.



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leonix007
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December 17, 2017, 10:44:55 AM
 #3

Hello
I'm in need  guidance in the field of mining.
I have a blank and cool environment for setting up a mining Hardware . About 3 x 4 meters and has 2 cooler . I also have free electric power
Is investing in  mining  right for me?
I was looking for an investor to start mining. but I did not succeed.
Now I want to get a big loan to start mining.A $ 50,000 loan. With  2-year refund and about 15% profit return


I am not quite sure about the details of your loans, however, you should consider this as this might yield some interest rates plus principal which are paid together, however if you have free electric power, its a piece of cake for you.

Quote
I need guidance before starting. Is this venture wise?
Can I benefit from this? And pay the loan?

from the points of view, yes probably you can benefit from it, venture wise, its a mining journey you must have passion with it. for electricity free, it sure can pay up the loan just check interest rates.

Quote
I want to use graphics card to mine.

Thanks.


A lot study you should make, for that amount, consider your Power house and electricals and also getting GPU stocks is harder and harder everyday.

shibob
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December 17, 2017, 11:30:38 AM
 #4

Hello
I'm in need  guidance in the field of mining.
I have a blank and cool environment for setting up a mining Hardware . About 3 x 4 meters and has 2 cooler . I also have free electric power
Is investing in  mining  right for me?
I was looking for an investor to start mining. but I did not succeed.
Now I want to get a big loan to start mining.A $ 50,000 loan. With  2-year refund and about 15% profit return

I need guidance before starting. Is this venture wise?
Can I benefit from this? And pay the loan?

I want to use graphics card to mine.

Thanks.


Hi designerhadi, I started with smaller budget but up to now, my investment on mining almost the same as yours.
The loan with 2-year refund, I think it's possible for you, but 15% profit return, is that too high? I think 10% should be reasonable.

Basically, with current price, GPU mining could get ROI in about average 7.5-8 months with your free electric power. We could not predict the future and next year price, but instead of predicting, just do it and create the future!

About your facilities, I dont think 3x4 sizing is enough for all your rigs. 50,000$ if you're going with RX580, you could have about 17 rigs 8x RX580, or if you wanna build GTX1070 rig, you could get about 11 rigs. If you could manage it, it should be nice!
bouldou
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December 17, 2017, 11:47:31 AM
 #5

I'm earning 650$ / month with a 8 GPU rig mining ETH

If you have free electricity, then yes, you should definitely buy some rigs and mine, it will be great for you Smiley

Vous voulez une Lambo ? Investissez dans le YENTEN : https://bitcointalk.org/index.php?topic=2706079.0
fhsk45
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January 02, 2018, 12:56:52 AM
Last edit: May 27, 2018, 06:26:01 AM by fhsk45
 #6

We recommend that you do ULTRAPOINT mining because it is a versatile CryptoAsset that you can extract on a regular PC.
And if you have a graphics card, the results are better.

Since this is a long-term project (the remaining coins will be distributed over 120 years), you can be sure that your extracted coins will soon be worth much more, and to start you don't need to invest in expensive equipment, as you can do mining with your Windows PC, MAC, Linux on your desktop or laptop computer.
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