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.
Advertised sites are not endorsed by the bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”] Not because he was looking at Heinlein, but because he provably was sitting at one of the tables with his #laptop
17 of these photos are available at
And 6 at Corbis including
He was arrested October 1, 2013
(has links to the criminal complaints which I used to find most of the places to photograph and a video interview of Ross Ulbricht )
Apparently one of his roommates on 15th st
#GlenParkLibrary #RossUlbricht #DreadPirateRobert #sfpl #sanfrancisco #cybercrime #DarkWeb #darkinternet #SilkRoadwebsite #GlenPark #Library #sciencefiction #macbook By Steve Rhodes on 2013-10-02 16:33:25
Electroneum Price Notes a Minor Gain as M1 Phone Creates a Positive Buzz In the cryptocurrency world, there is never any guaranteed price momentum to speak of. Two days ago, the market seemed a bit […]
Ethereum’s Joe Lubin: ‘We’re Moving Towards a World of Decentralized Governance’ Leading crypto industry figures weighed in on the major implications of cryptocurrencies for – and beyond – the global economy, at the Rise conference […]
Nairobi-based blockchain startup BitHub.Africa has released its ‘Blockchain Opportunity Campaign’.
The campaign centers around a crowdsale which offers interested parties an extensive report documenting the top 16 brightest blockchain platforms for 2017. The new report comes in the form of a, for $29.99 and all proceeds will support activities at the company’s new incubator hubs across Africa.
BitHub.Africa was founded by Kenyan Blockchain entrepreneur in December 2015 and officially started business operations in Kenya in January 2016. BitHub.Africa is the main commercial Blockchain operator driving the adoption of blockchain technology and solutions across Africa.
Africa is now the fastest expanding market in the world for blockchain technologies, with the rate of startups growing at an exponential rate. BitHub.Africa looks to support bitcoin and blockchain startups akin to the fiat-based ‘M-Pesa’, in the expanding African market. Unlike conventional solutions, the projects supported by BitHub.Africa will provide a convenient and easy way to convert and spend bitcoin and other cryptocurrencies for routine transactions.
In the ‘Blockchain Opportunity Report’, BitHub.Africa has comprehensively analyzed 16 cryptocurrency and blockchain platforms that are believed to have the most potential to cause substantial changes in the sectors of finance, technology, and commerce. The report will be most beneficial to blockchain entrepreneurs, investors, researchers, and enthusiasts.
The cryptocurrency community is beginning to feel the benefits that a decentralized financial ecosystem can provide, with specific applications in mobile and internet-based technology
Hyperinflation, fraud, and corruption have all affected large parts of Africa in recent times, causing financial difficulties for many of its people. Alternative currencies have an enormous potential to help by giving people more control over their wealth, disrupting traditional mechanisms for international trade, resource management, and governance.
Citizens suffer from overpriced bank fees due to a weakening financial infrastructure, mismanagement, corruption and growing inflation. The increasing adoption of disruptive blockchain technology is helping people combat these issues, but there is still a long way to go.
The use of cryptocurrencies has grown exponentially in the eight years since bitcoin emerged. The market is now flooded with new cryptocurrencies, which is also starting to bear a few adverse effects. One of the problems that have arisen concerns the growing rise of fraudulent cryptocurrency startups and Ponzi schemes like ‘MMM’.
aims to help cryptocurrency businesses and enthusiasts to avoid some of these fraudulent altcoins and help enthusiasts to make a more informed decision when investing.
The team at BitHub.Africa has been dedicatedly researching all cryptocurrency platforms and analyzing the collected data to determine which of them offers the most innovative solutions to some of the economic and social issues currently facing the African cryptocurrency community.
Proceeds from the $29.99 for each copy of the report will go towards the African Blockchain Opportunity Campaign and aids BitHub.Africa’s mission to increase mass adoption of bitcoin and Blockchain technology across the continent.
