Post
Topic
Board Mining speculation
Re: I'm New - Need BTC Mining Help
by
QuintLeo
on 25/09/2016, 23:19:57 UTC
Hi All,

I heard about bitcoin mining on YouTube & also watched some movies due to lot of information i am bit confuse & could't understand how to start it. So, i would be grateful if someone help to respond the following queries:

1. How i can buy Miner? (website address or any individual person who can help to buy miner)
2. What kind of miner need to buy?  
3. What should capacity (means th/s) of miner?
4. Price of best miner in USD?
4. can we peruse it as profession?



 Right now, the only miners available to individuals are the Antminer S9 and Antminer R4 - www.bitmaintech.com

 IMO the R4 is badly overpriced, the S9 is somewhat overpriced, due to no competiton - I'd wait a couple months to see what happens, there are other alternatives that have been announced and a couple of them SHOULD become available over the next couple months or so.

 *IF* you have a substantial amount to invest into mining *AND* your power cost is very very cheap (5c/KWH at most, preferably 3c or less) it's entirely possible to make a living from mining - but it is somewhat risky.