----- Lot's from mikeywith ------
Hey there, thank you for your detailed respond! Appreciate it Smiley
I figured out that 0.16 EUR kWh is way to much so I managed to get industry electricity from a nearby company which costs around 0.05 EUR kWh. Do you think the project could be more feasible now? I found a British website offering antminer s19 pro for about £7,399.99 each -
https://coinminingcentral.com/collections/frontpage/products/bitmain-antminer-s19-pro-110-th-s?rfsn=1704384.5cfb1b . The website seems reliable. If I buy now 5 Antminer S19 pro for a price of 8500 EUR, my initial investment (+cables, shipping costs, etc.) would be 50-60k EUR, do you think it could be profitable or do you think I should get rid of the idea? Because these electricity costs of 0.05 kWh are tempting...
Is there a limit on how MUCH of that .05 EUR/Kwh is available at the location you chose? How about cooling at that location? How about noise produced by the miners at that location? Is there Internet access available? I would expect that with five S19 Pro you'll need wiring for at least 20 Kilowatts of electricity.
I ask these questions since I didn't see anything about the TYPE of business (Industrial, Office, Manufacturing, etc) that might have problems supporting a mining operation.