Im looking to start a crypto mining business. I have about 26k in crypto all alt coins. I want to leverage my portfolio or get a small business loan to start my mining business. I have a cabin with 120v outlets, and 220v (for luandry outlet). Does anyone have any advice for me to succeed in my endeavor?
Thanks,
Skaldborg.
How many amps is your panel? and what’s your electric rate? EVERYTHING is dependant on your electric rate, since mining is almost break-even for most people.
Electric Rate is .092 kwh. I’ll have to check my amps when I get home.
This is my circuit breaker panel in my cabin. Looks like it has plenty of juice. I’ll most likely use the 220v but also could access the 120v three prong outlets if need be.
$0.092 is a really good electric rate, so you should be set there. Panel looks fine, cant tell which breakers are 240V though.
Would you be interested on any PDUs? I have a few that came with a server rack I purchased from a casino I’m parting out
Also have a few Ac infinity exhaust fans im selling also
10,12; on the 30 amp I believe. It was used for the dryer hook up. Plus I have another utility room in my Basement of the main house with 240v dryer hookup also 30 amp. Thinking about putting in the main house and push the miner airfolw through the vents to keep the house warm.
Not sure which miners to get though. I have mined with my computer gpus. But this is all new to me and im ready to take the proverbial plunge.
Try going to hashrate.no and going to the asic section, putting in your power, and looking around. Honestly, I would stay away from the kaspa asics, since they are so dang expensive, and it doesn’t seem stable.
i’m happy to set up some time for a quick consult. message me directly with some dates/times that work for you if you’re interested.
Agreed just looking at btc honestly. Thanks for the help and input.
