Post
Topic
Board Mining speculation
Re: Bitcoin Mining with a Six-Figure Budget
by
notlist3d
on 02/06/2016, 03:34:04 UTC
Hi,

I want to build a mining operation in a low-electricity country. I have USD 200,000 ready to invest.

What are some good machines to use? Is it worth the money today?

How much ROI can I get monthly approximately?

Thanks

 If you have to come here to pose such questions, I don't believe you to be serious.
Look here and check to see if these latest miners are profitable now.  Then read this to see how other companies are faring.  After that, check out this bitcoin halving clock to find out when the amount you will mine gets cut in half.  Maybe you can cut a deal with the KNC bankruptcy trustee to buy their miners cheaply and have them shipped to you but I would be careful, once they begin selling miners again, they will probably fill their datorhall first (since old habits die hard) and then ship to you... it could be 6 months and many excuses later before you receive them.


Most of these are not serious  I mentioned this in a previous one in Mining board.   It tends to be people that think mining is a get rich quick scheme (which it is not) and come with a number very high for them thinking it means more profit.    They do the ROI and find out it is not get rich quick... and tend to leave thread.  If he posts electricity price we can give a idea if chance of ROI, but never invest more then you can lose.

I highly suggest OP starting off slow or anyone for that matter.  To jump in with 200k worth of gear from 0 would be crazy. If he is serious about starting mining I would suggest finding a place (hopefully he can start at home or place he already has access to).   And get a miner or two to learn with. 

And no offense was meant OP.  Its just when you ask some of the questions you did it is not in line with someone ready to invest 200k, or even 20k.