I am new here , i have been planning to get ASIC miner i was going to get Antminer s7, but read threads suggesting, it was not profitable .
besides i am from village area in India and power goes down lots of time and Internet goes down too. but i have access to cheap electricity .
is there live chat feature on this forum, i have lots of questions.
1) do i have to start ASIC after power failuer ? or does it starts automatically and starts mining by itself ? 2) Do i need Air Conditioning system for 1-2 ASIC miners in a room , Temperature here (India) is quite high ? 3) How often difficulty increases ? 4) does the difficulty decreases too ?
So is there ASIC miner which is profitable right now. provided that BTC value stays the same or increases.
Thanks for your time.,
You Only Live Once.
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Hi all,
I am new here , i have been planning to get ASIC miner i was going to get Antminer s7, but read threads suggesting, it was not profitable .
besides i am from village area in India and power goes down lots of time and Internet goes down too. but i have access to cheap electricity .
is there live chat feature on this forum, i have lots of questions.
1) do i have to start ASIC after power failuer ? or does it starts automatically and starts mining by itself ? 2) Do i need Air Conditioning system for 1-2 ASIC miners in a room , Temperature here (India) is quite high ? 3) How often difficulty increases ? 4) does the difficulty decreases too ?
So is there ASIC miner which is profitable right now. provided that BTC value stays the same or increases.
Thanks for your time.,
If you have really cheap electricity, try an Avalon miner (probably an Avalon miner 721) as to Bitmain they have a high hashrate for the hardware costs but the electricity usage is not as efficient (so you need really cheap or free electricity for that).
If your consumption is more normal, an Antminer S9 might be better for you, especially if you’re lucky enough to get one cheap or second hand.
Hi all,
I am new here , i have been planning to get ASIC miner i was going to get Antminer s7, but read threads suggesting, it was not profitable .
besides i am from village area in India and power goes down lots of time and Internet goes down too. but i have access to cheap electricity .
is there live chat feature on this forum, i have lots of questions.
1) do i have to start ASIC after power failuer ? or does it starts automatically and starts mining by itself ? 2) Do i need Air Conditioning system for 1-2 ASIC miners in a room , Temperature here (India) is quite high ? 3) How often difficulty increases ? 4) does the difficulty decreases too ?
So is there ASIC miner which is profitable right now. provided that BTC value stays the same or increases.
Thanks for your time.,
With your cost of electricity even the S7 is profitable for you as energy in India is very cheap. S9 is a lot better though as it has better hashrate and the energy cost is not a key factor when you live in India I have heard. So an antminer S9 should make you about 0.20-0.30 btc per month after removing energy cost. Try to buy one used second hand and all positive factors will be on your side as the price will be cheaper. I am only worried about high temperatures in India but that can be taken under control with a portable air conditioner to put near the miners.
Jr. Member Offline
Activity: 34
Altcoin may be a better option for you
If you know how to GPU mine, then there are many good coins to make profit.
Newbie Online
Activity: 8
Hi all,
I am new here , i have been planning to get ASIC miner i was going to get Antminer s7, but read threads suggesting, it was not profitable .
besides i am from village area in India and power goes down lots of time and Internet goes down too. but i have access to cheap electricity .
is there live chat feature on this forum, i have lots of questions.
1) do i have to start ASIC after power failuer ? or does it starts automatically and starts mining by itself ? 2) Do i need Air Conditioning system for 1-2 ASIC miners in a room , Temperature here (India) is quite high ? 3) How often difficulty increases ? 4) does the difficulty decreases too ?
So is there ASIC miner which is profitable right now. provided that BTC value stays the same or increases.
Thanks for your time.,
If you have really cheap electricity, try an Avalon miner (probably an Avalon miner 721) as to Bitmain they have a high hashrate for the hardware costs but the electricity usage is not as efficient (so you need really cheap or free electricity for that).
If your consumption is more normal, an Antminer S9 might be better for you, especially if you’re lucky enough to get one cheap or second hand.
antminer s9 looks good, but the price is very high at the moment., and i from india, so idk how much i would have to pay for customs ..
plus electricity goes down as well as internet connection too.
thanks for your input though.
You Only Live Once.
Newbie Online
Activity: 8
Altcoin may be a better option for you
you mean, mining alcoin and then exchange it with btc or holding on to altcoin ? or mining and selling instantly ?
,thanks
You Only Live Once.
Published at Mon, 10 Apr 2017 15:06:00 +0000
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