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.