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Re: Pakistan
by
UmerIdrees
on 14/01/2022, 12:28:00 UTC
⭐ Merited by shahzadafzal (1)
Assalamualaikum blog. Kaisi hai sab? I guess everyone is fine in this pandemic. Is there any GPU miner here in this Pakistani Thread? You may know that I am from Bangladesh. I am a GPU Miner and I mine ETH. If you are a miner also, you may know that profitability is a bit down now. We are getting about $4.5 per 100 Mhs without electricity cost. Which is not that much. So, With the Ethash algorithm, I started using Unmineable and Mining shitcoins. There are a lot of shitcoins that are listed on Unmineable. But, most of the miners are afraid of Shitcoins and they keep mining ETH. I am mining shitcoins and holding them until they hit exchangers. You can do the same if you want (not financial advice). Else,

Out of the Topic:
You can sell your hash power to me. I will pay you $5.5/24 hour for each 100 Mhs. If you are a reputed, member. I can pay you first.

I don't know anyone who is a GPU miner here in the Pakistani thread. The Electricity cost is very high in Pakistan and therefore mining is not a profitable business here.

I will suggest that if you are willing to buy the hash power, why not make a thread in the services section. You may get someone willing to sell his hash power to you.

I already have a thread there. Seems no one is interested. Still, I managed to buy some hash power from social media. I had to trust them and pay in advance. All went smooth so far. I have rented over 500 MH and I am looking for more. I am curious about Pakistan's electricity cost. How much is the cost for 1 KWh?. Here in Bangladesh, we pay about $0.10 per kWh and mining is still profitable here. There are not so many countries that exceed more than $0.10. India, Bangladesh, Pakistan should be similar I guess.


How do you use the hash power and how you make sure that they are providing you complete hash power ? The coins mined are sent to your address directly ? How much is the profit in this business of buying the hash power ?

Well, we normally pay around Rs19 in off peak hours which is around 0.11$.




Complete details of Electricity tariff can be found here but its all the Pakistan Rs. (http://www.lesco.gov.pk/3000063)