Post
Topic
Board Mining (Altcoins)
Re: I have $6000 to start mining, what should I buy?
by
philipma1957
on 04/02/2021, 16:32:03 UTC
Hi there! My name is Agustín and I'm from Argentina. I've been interested in crypto for a couple of years now, but now with a couple of friends we decided to invest in mining.

We live in Argentina where electricity fees are very low. Our first choice is to put together a GPU rig to mine ETH and then reinvest our earnigs (I expect to be in 12 months max) in a good ASIC for mining BTC.

But of course, I'm writing this to ask help to the experts. What would you recommend me? Thank you so much in advance!

Okay lets go slow and easy.

1)what is your power cost?

10 cents full cost for a k-watt? = too high
 6-9 cents full cost for a k-watt? = meh okay not terrible
4-5 cents full cost = good
2-3 cents = you will make money very good.

2) how much cheap power do you have? a single 30 amp 240 volt circuit is more than enough for a 6k investment.

3) room size.

4) noise tolerance.

let us know the things I asked.