If you had 90k to spend on any miners…
You want maximum profit, even mining coins you hate and converting them later…
What would your load out look like?
For instance qty 7 X4-Q Jasminers on etc for 3500/mo.
Or mix and match…
This is just my personal view of running miners out of a Home, apartment, garage, or business. I would recommend doing your own research and seek professional help regarding the power supply.
First you really need to pick what algorithm you want to mine with a ASIC.
If you go small miners you could purchase a PDU (Power Distribution Unit) the linked is just for example. You might be able to run something safely!
If you go one or two big ones, you will need to find a way to run them safety on 220V!. Most of the larger miners will ONLY run on 220V.
If you can run off 220V not 120V, you can reduce the Amp and Watt usage (which also reduces the load on the cheap wiring inside some of these walls these days).
To run any kind of ASIC miner, you will need to think about how you are going to get that heat out of the room/garage you are using the miner in.
Personally, I designed and printed 3D Printed ducting that attaches to the miner fans and enables you to connect a 5/6/7/8" ducting to the miner, then you have a vent in your window. This way the heat is blown out the window away from your miner. The cooler you can keep the room the Safer it is, but it’s also beneficial to the equipment as well.
Now if you attach the Flexible ducting you can find at Home Depot or Lowes. The kind that has the insulation around it. you use this to connect to the miner and the window. The higher the R rating on the ducting the higher reduction you will also see in sound proofing. I’ve seen miners <80 decibel.
You would be wise to keep the miner on something that’s static resistant. Not Carpet!
This is just my opinion, if possible, try to run everything networked by wire, there is always a small lag when it comes to Wi-Fi. Wi-Fi networks came be affected by so many things these days, The fans on the miners can interfere with the signals.
As for what miner. That is something that you must research! different miners can mine different algorithm - coins.
With mining you will also need to understand and choice a mining pool to use. Then you will need to choose if you want to mine Solo or in a pool. I used https://www.viabtc.com they cover most of the coins out there and pay is fair. Website is easy to use and well presented. you will also need to decide how you’re going to exchange your mined coins for cash. Personally, I use https://ftx.com if you store coins there, they will also pay you interest on them! They have a debit card that’s linked to your account for easy access and the fees aren’t that bad considering how much and how long it normally takes. Mining pool V Solo – when you mine with a pool any coins mined are shared with the pool. But you can get paid daily if needed. Mining Solo mean you would only ever get anything when you mine a coin. Which the difficulty changes all the time and there is no guarantee you would ever get paid anything. Of course, you could be very lucky and mine coins all the time, there is nothing you can do to increase your chance other than increasing mining output.
You will also need to decide where you are going to store your mining income. Be it a software wallet or a hardware wallet. With a hardware wallet I would only recommend buying from the manufacture direct. no middlemen like eBay or amazon. https://trezor.io/ is who I use but again there are others out there. But consider how much money you are going to be storing and what you’re willing to spend to protect it. By far a hardware wallet is the safest! Weakest link is always the operator.
This again is something you will have to make a decision on.
*Each coin has its own pros/cons.
You can find my website 3dps4u.com
Email sales@3dps4u.com
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I’d love the opportunity to supply your miners, but have a couple suggestions.
-I'd avoid ETH
-Can't go wrong with BTC
-Diversifying at least somewhat is usually a good idea
-Only buy one or two if you really want to get started now, otherwise wait for prices to come down more
-Before you invest $90K, invest ~25 minutes of time into watching Vosk's take on this question: https://voskcointalk.com/t/best-cryptocurrency-mining-rigs-to-buy-right-now/37995?u=badgerlandcrypto
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All your input has been printed! I already have two 8” exhaust adapters you made for 2 of my Avalons and they work great. I am also a 3d printer, I setup 6 Prusa units at my job to make parts for the company I work for.
I have your information and will buy your parts again.
Thank you.
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Will do! Vosk is why I got started, October of 21 with a rig. Now it’s 2 KOIs, 1Avalon, 2DR5’s, 1KDBOX, 2HSBOXES and an L7.
Thanks
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For 90k I would by 18 used S19 95TH, send the rest of electrical set up. and just ride it out.
I’m not a fan of going into ETH mining at the moment, whether it be ASICs or GPUs at the moment, even though there are crazy deals all around. Too much uncertainty around what happens after PoS in August, and I have a feeling that ETC is going to get wrecked for profitability after ASICs merge over to ETC. I personally don’t have faith in Ergo, Ravencoin, Flux, etc - not enough to risk more money anyway. My GPU rigs are paid off 200% already so while I probably could ROI pre-merge on another 2-3ghs in GPUs, I don’t really want to risk it, especially since I could just be stacking ETH these last 3 months, and I have a bad feeling that those GPU deals are still going to be there post merge. Going from $120 a day to around $30 a day in profit puts a lot in perspective.
Nor am I for Kadena or any other spec mining asic. I know guys that paid like 40-50k for KD6s and are now crying. They got like 2 months of $100 worth of KDA a day, which has dropped down to like $40.
Your best bets are BTC or LTC asics and plan on 2-3 ROI after electric. If you are not risk averse, you can throw some of your mined coin into DeFi, or if you want more stability, just eat APY on Celsius or Blockfi.
I’m very aware my perspective on mining BTC at the moment. My cost of mine 1 BTC (aka my cost to “buy” BTC) is roughly $16,000 on my S19 110TH, and about $17,000 on my S19 95TH’s. If BTC drops below, the machines turn off and I begin spending 25% into DCA into BTC on a weekly level, and I spend the rest of 75% buying BTC ASICs that I will either turn on and mine or turn around and sell (or both) next bull run.
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So you’re long on BTC, will stack machines as well as coins, and your eyes don’t sparkle every time a new coin or machine comes along. Sounds like some wisdom, thank you. I have to tap some calculator buttons on my 170 or so amps and .12 kWh electrical.
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I just checked the ETH hash rate. It is 1.04 ph/s, the ETC rate is 24 th/s. Good point on the disruption that will cause.