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Author Topic: Will You Advice someone who has Access to FREE Electricity - almost 60% elect.  (Read 160 times)
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August 18, 2018, 01:26:16 PM
 #41

Hello guyz, just need opinion of people who have been in the bitcoin mining circle.

Would you advice someone who has access to free electricity to go into mining. About 60%-70% of power supply will be free.


*Also, what are some of the other challenging factor's one must put into considering before going into bitcoin mining.


Thanks for you advice & suggestion

The situation might have changed now, but I remember what happened a couple of years ago with my friend who tried mining btc. He bought a couple of good Ant miners, about $500 each. He had access to free electricity and of course miners were not located in his flat, because they are extremely loud. They broke about half a year after he started and the only thing he managed to do is recover the money he spent on miners. Of course, if he kept mined btc up till the ath time, he would be very rich now, but the same would happen if he simply bought btc back then, so it's not about successful mining.



Thank you for your kind advice @kryptqnick

Really appreciated!!


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August 18, 2018, 01:34:31 PM
 #42

Obviously yes! free electricity = +profit for you, it's everyone miners dream almost free or cheap electricity. It's a no brainer Wink If I were you if you have the money build some mining rigs gpus are lowering their price at the moment if you can afford some asic then go ahead. good luck

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August 18, 2018, 02:02:29 PM
 #43

Of course i will, electricity causes a lot of expense and sometimes i worried too much for paying my bills. So if there's a way to make it free i hope they will do. Because i need it so badly.
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