Post
Topic
Board Mining (Altcoins)
Re: 20 yo student wanting to invest (need advice)
by
envaluecrypto
on 07/03/2017, 09:24:38 UTC
So, I wanted to post here because I need help from senior people. I want to invest into a mining rig. Electricity is not a factor. I thought about getting a loan for 1000 euros, which should be enough to get me a 5xRX470 rig. I just need some advice from you people here because where I live, a 1000e is pretty much a nig deal for a 20yo student. Any advice would be greatly welcome.
Free electricity if legal then go for it , if you have illegal free electricity then don't , here is my point if you think your 6xgpu rig will not draw that amount of wattage then you are wrong mining eats alot of electricity and it will be visiable special for the power hungry gpus .

So as i said legal free electricity then GO
Illegal free electricity don't go for it.

I already deployed two 5xRX470 rigs on H81 PRO BTC R2.
I know power consumption and as I've said it's not a factor. Just looking for other peoples' opinion on what hardware to get, as it is a big risk to get a loan just for 1000e for someone my age.