Post
Topic
Board Economics
Re: Buying an ASIC for mining
by
innocent93
on 22/11/2017, 13:03:29 UTC
So after having some looks at bitcoin mining and setting up nicehash on my pc (single gtx 970) to have a look at how it works (ofcourse I won't be able to make any profit because of power consumption), I wondered if buying an Antminer S9 and starting to mine at home with a powercost of 0,26$/KwH would be profitable or will I just lose my investment.

The Asic technology help a lot in mining but, if there is the possibility you should try with some free green energy, then the profits will be bigger.