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Author Topic: First time Bitcoin mining —- looking to getting started mining with 20k  (Read 136 times)
daboigbae (OP)
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October 16, 2021, 02:57:04 PM
 #1

Hi all, first time posting.

So I started mining eth earlier this year and found decent success. Now I want to expand and start a little Bitcoin mining too. What’s a good place to get started? Looking at investing 20k (usd). Thank you all in advance 🙏
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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NotFuzzyWarm
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October 16, 2021, 06:15:27 PM
 #2

Start here for what is involved, things to check and trusted manufacturers. There are very few trusted resellers and it is generally best to only buy direct from the mfgrs.

- 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
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October 17, 2021, 01:09:35 AM
 #3

At the moment no gear is easy to find from a real builder of gear.

So what is your power cost ?

If you are at ten cents a kwatt you could get some used gear and run with it.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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