Post
Topic
Board Mining speculation
Re: I have $5,000 to buy equipment and almost free electricity. Where do I start?
by
Amph
on 03/04/2015, 11:55:50 UTC
I want to get into mining but I don't know where to start. I believe I have all the right things to mine successfully. I have $5,000 to invest in mining equipments and almost free electricity. My rent for my apartment includes utilities so my electricity rate is constant every month. However, I don't know anything about mining so where should I start?

Almost free electricity ? Nothing more beautiful it if you own a mining equipment . s5 is great for you now.

it may seems so, but with some calcualtion you can easily tell that it's not worth it even with free electricity(he said almost, which is worst btw)

you need 4-5 months ROI with antminer S5(0.36 a month and they cost minimum 1.5 btc), not worth it

better to buy bitcoin instead or you can wait for antminer s6(it should come soon) which is about  1.5 times better, this mean less than 3 months roi