Hello, I am from South Africa. I want to start crypto mining. I have done a lot of reading and watched a lot of videos. There are so many cryptocurrencies out there. I am not sure what type of mining rig to choose. What will be the best profitable mining rig to start with?
Crypto is volatile and can move a lot. If you’re thinking of asics check asicminervalue.com to see what current rigs make depending on the electric rate. You also need to research the project to see if you think it is worth it to mine that specific algorithm. Just remember the profitability can go up and can also go down. Also, do your research on where you are buying from, there are a lot of scams and bad sites. There is a post I think on here somewhere that lists scam sites to watch out for. If you’re unsure, ask before making a purchase
Thank you for that. I will do more research before I decide on a project.