Hey all,
I have been mining for some time now with two antminer s7s and one antminer s5, hashrate totalling at a little over 10Th/s. With that hashrate I am able to generate approximately $100(0.025btc) per week given the price of 1 btc remains over $4000.
Not forgetting to mention that I am not paying any money for electricity due to the location of these miners.
I am interested in upscaling my mining operation with a start up capital of $5000.
What equipment would you recommend?
I have been thinking of continuing with antminer s7's due to the availability of them and their low cost. I belive that about three s7's will give you the hashrate of one s9 however the power consumption is triple, however, power consumption isn't a worry for now. Secondly one antminer s9 is currently being sold in the range of 2500$ - 3500$, where as one s7 would be about $700.
Let me know your thoughts on this.
Thanks