Quote from: philipma1957 on May 18, 2019, 01:17:55 PM

Quote from: KaydenC on May 18, 2019, 12:48:14 PM

Quote from: Elder III on May 18, 2019, 03:31:53 AM

Quote from: philipma1957 on May 18, 2019, 03:05:24 AM

Quote from: nsummy on May 18, 2019, 12:16:19 AM

Quote from: Elder III on May 17, 2019, 10:34:26 PM

If you had a friend/relative that had never mined anything before and wanted to learn --- would you have them start with a Crap CPU on their desktop (not a gamer, so no GPU of any merit available), buy a GPU to mine with, or buy an asic to mine with?

*** In this individual's case an asic is likely the best long term option due to their power costs, location, time, etc...***

Your statements somewhat conflict. Wanting to learn is at odds with buying an ASIC for convenience. I don't think anyone would really recommend buying hardware just for mining in this economy, but if we are talking about strictly something to learn with, then any 4+ core processor (new enough to have aes-ni) and GTX 1050 ti or better. That should be enough to mine any coin in existence. As for asics, generally there isn't much learning involved, unless you are troubleshooting hardware problems or have a large installation. At this point in time I don't think any are worth buying for long term use unless its a sha-256. My 2 cents Grin

The ltc Apollo is 300
The btc r606 is 300

A brick is available. A miner can do solo mining or mine at various pools.

I own two Apollos and 1 R606 I mine them solo and it is simply to support the builders of the gear.

Although if I hit a block with either on it would pay for all three of them.

Odds are I will not hit a btc block in my lifetime.

But I could hit a ltc block.

I should have phrased it differently. This is someone with very large amounts of free power and would like to make some money. I don't think their interested in learning about mining just to learn (or geek out like some of us here

...)

My thought is that they should learn the basics of crypto (from mining to exchanges) before spending a bunch on hardware of any sort. I am not well versed in asics, so I feel ill qualified to tell them to buy some if I have no experience with them specifically. On the other hand, while I do know CPU and GPU mining well I don't think it's worth them buying a GPU just to mine with if they won't be using it for gaming or workstation purposes later on.

They are 2 states away from me too, so I can't really assist them directly if they run into trouble.

How "noob proof" are the Antiminer series?

Ask them to sell you power at 2 cents Wink

How does someone even get their hands on large amounts of free power, assuming they don't generate it?

Yeah I would cut a deal with him for 4.5 cents a kwatt. I can profit with that number.

What state is he in and how much power does he have?

This is from the owner of a small company that owns and operates oil and natural gas wells (mostly in OH). Some of their oil wells are in remote locations that do not have a pipeline nearby to get the natural gas to a market. Putting in a new pipeline costs millions of $ and requires all sorts of legal hassle that could take years. So that natural gas just gets vented off into the air and is wasted. They would like to convert that to something profitable rather then wasting it completely.

I was told that they estimate being able to generate at least 100,000 kwh at a site - I do not know how many of the sites could produce that same amount. A 100,000 kwh prime power natural gas generator will likely run $30,000 plus installation etc... There would be additional costs for shelter, setup, and internet of course, but I don't expect that it would be too significant overall.

The biggest hurdles in my mind are: #1 They have no experience with mining. & #2 Depending on the exact location, Internet options might be limited.