I live in an area where cost of electricity is basically non existent. I was wondering what would be a cheap and rather simple solution for getting into mining? Where is a good place to start that wont break the bank?
If you live in our dream conditions of under 3c usd electricity then go for older gen miners and I’d recommend the 104T S19 J pro. Right now they make $5.30 a day and you can find them easily for under $300 each. You can also underclock them really well to the point where if you’re at 3c/kw you’d have a power bill of $1 and profits from this point would need to drop 255% to break even. Just don’t go for new gen miners, you won’t profit in terms of btc spent on miner for btc mined unless you sell the miner because of ridiculous network difficulty. Good luck and keep us updated
3 Likes
Id take ShredZ’s advice! He’s as knowledgeable as they come. Best bang for buck combined with proven reliability. I just did a quick search on a couple of other types of miners and nothing comes close to the advice he just gave.
2 Likes