Mining with Free Electricity

[blockchainhotboy]

Damn, mining with free electricity, now that's the move. Hopefully it stays that way.

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[Comino]

There are plenty of options with free electricity. You might want to make a small research here.

BUT If your electricity is free for a limited time, you might still want to consider your costs for the future - by choosing the right mining algorythm, a stable rig, etc. Otherwise, whatever you mine for free you might loose when you have to pay the costs.

If you have never been mining, it is easier to buy a plug-n-mine rig, not build your own.

Also, what amount are you planning to invest, that will also help while choosing the rig options.

The other thing, there still is someone who is paying your electricity bills...

[jillscarbrough]

I have the opportunity to mine with 20Kw of free electricity.  Does anyone have any opinions on what the best system to use would be to maximise profits?

Thanks for your help.

well, whatever device you will use, you only need to wait for ROI.

• Select ASIcs if you don't want to be complicated in the settings.
• Choose a Mining Rig if you want to have long-term mining but it's a little tricky when building.
  

for me there is a plus value when choosing a Mining rig because I can learn the type of coin algorithm, learning to install the Mining Rig also predicts which coins are good in the future.

The other thing, there still is someone who is paying your electricity bills...

I guess his the boss or neighbor will pay for it 

[dragonmike]

This begs an interesting question, actually.
Which hardware (or hardware combo) would get you most bang for the buck, all efficiency considerations aside.
i.e. you want most possible hash per dollar, in the most profitable algo.

ASICs might not be the answer here, looking at the crappy returns one gets from Scrypt or SHA-256 devices currently. Some Equihash ASICs are promising but probably short-lived and expensive.

Current GPUs make very little per day too.

Betcha we're all be turning our heads towards 2070's... Maybe 2080's.

Personally I can't wait for AMD's 7nm (or rather, I have high hopes - which isn't usually healthy).

[perri]

ASICs might not be the answer here, looking at the crappy returns one gets from Scrypt or SHA-256 devices currently. Some Equihash ASICs are promising but probably short-lived and expensive.

Current GPUs make very little per day too.

All of that makes it a bit hard to make a decision. Since this is "free electricity" I think I agree with you "Combo" would be better.

Betcha we're all be turning our heads towards 2070's... Maybe 2080's.

Personally I can't wait for AMD's 7nm (or rather, I have high hopes - which isn't usually healthy).

Waiting also isn't good enough to do on OP's condition.
But I might be waiting for AMD's 7nm.