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Author Topic: new to mining, do this idea make any sense?  (Read 81 times)
mr pickles (OP)
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January 21, 2023, 06:06:05 PM
 #1

Hi everyone, new to mining. I am preparing to start my little adventure, know about btc but not much about electronics and calculations

I have 1.5/2k  usd to invest in a btc asic miner, new or used. I was thinking about a used antminer s19 or 2 new L3+, suggest me please considering energy efficiency

then i have a limited amount of free electricity (up to a certain level) given to me by a family person, i estimate 100 kwh per month

I am in just to accumulate satoshis, so not to sell it in order to repay the hardware or bills

do all this make sense? thanks

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January 21, 2023, 11:28:56 PM
 #2

L3+ is not a Bitcoin miner its an altcoin miner if you are looking for efficiency use some tools to find the right unit for efficiency.

Try this one https://www.asicminervalue.com/efficiency/sha-256

And I think you can optimize any units for efficiency but you will need to switch them to modded firmware like asic.to and braiins OS.

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Stalker22
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January 21, 2023, 11:35:32 PM
 #3

The Antminer S19 is a good option for your budget and is relatively energy efficient for its mining capabilities. However, purchasing a used miner carries a higher risk as it may have been damaged or may not perform as well, or as long, as a new one, so it is also important to consider that when making your decision. It may be a better idea to invest in a new miner to ensure optimal performance and longevity.

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mr pickles (OP)
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January 22, 2023, 12:53:59 PM
 #4

The Antminer S19 is a good option for your budget and is relatively energy efficient for its mining capabilities. However, purchasing a used miner carries a higher risk as it may have been damaged or may not perform as well, or as long, as a new one, so it is also important to consider that when making your decision. It may be a better idea to invest in a new miner to ensure optimal performance and longevity.


i'll buy it in real life, no internet so i can test it, is there a tool to test its conditions?
mr pickles (OP)
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January 22, 2023, 01:03:01 PM
 #5

how much kw the s19 consume per month?
WhyFhy
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January 22, 2023, 05:30:53 PM
 #6

how much kw the s19 consume per month?

There's different variations on the s19 wattage

when your looking for one use a calculator like this https://www.coinwarz.com/mining/bitcoin/calculator to determine stuff.

Keep in mind whatever numbers you audit on purchase probably won't be the same as when the unit arrives.

Be careful when purchasing anywhere not just here.

Use escrow if you buy here. Validate said escrow among your peers.

Do your due diligence and research your potential seller so you dont get scammed. For example, if an eBay seller has a deal that's too good to be true, it probably is.

Want to save a lot of time? Just Buy BTC.

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January 22, 2023, 05:42:55 PM
 #7

how much kw the s19 consume per month?

Depending on the exact model and configuration/firmware, it can pull from 2,5kW to 4kW, and that's without the fans.

As mr pickels said, probably better to just buy BTC.
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