I’m from Australia
Looking into starting mining for passive income because crypto trading is too volatile and I made a heap, and then lost it all! I used to own a full bitcoin but sent it to Mirror trading international with my mate and we both got scammed and lost them! So learnt the hard way!
Considering buying 2 Avalon 1246s… but the problem is over in Australia our max draw from a house is 10KW and each of those is 3.5KW. So I’d only be able to get 2 as hot water service is 3KW. We’ve just applied for 10KW solar system to pay for day usage. Electricity is so expensive here at about 28cAUD per hour, so calculated to run 2 avalon miners would cost $16 total a day in Electricity but generate $68AUD profit. Wondering whether I should go for a S19PRO ($21K AUD) for double the price of the 1246 instead, and then mine some other coins or things with the other 3500KW. Any thoughts?