Hello everyone.
I will put 8000 usd for the set up of mining rig and i wish to mine etherum..can any body suggest me the set up for the mining of the same. And will 8000 usd be sufficient enough and if i do so then in how much time approx i can get back my capital.
Thanks
you must at least know what is difficulty means in mining, The setup will also depend on your rig plans and locations, I suggest have a read in other threads about mining farm stories they had, from there you will get an idea on the best setup you will do. your profit for mining is not constant, it will always fluctuate due to difficulty and might not be as profitable today for the coming months.
for the 8000$ capital, choose what type of GPU's you want to build, an AMD or NVIDIA.
here is an example of online calculator just to give you an idea how much you will earn minus the cost.
http://whattomine.com/