Quote from: warrenyeo on March 14, 2022, 10:32:54 PM

hello bitcoiners! Grin

I have been thinking about mining Bitcoin for a few months now and I have been trying to find the most cost effective way both in the choice of the ASIC and in the electricity cost.

I am from Spain, and here the electricity is very expensive, plus in my country there are very bad tax regulations, so it is a country that I discard to mine Bitcoin. Analyzing all the countries in Europe to mine Bitcoin I found what I think is the perfect country to mine Bitcoin, both for its tax advantages and its extremely low cost of electricity (0.06 $/kWh on average). That country is Georgia. I am sure there are many on this forum who mine cryptocurrencies and Bitcoin in this country for its many advantages.

On the other hand, I am trying to see which is the best mining equipment that has high hash rate, low power consumption and affordable price. And that's when I found the ASIC Whatsminer M30S++ (106 TH/s, 3300W, $7300 price). I have several questions regarding this.... Can I buy this ASIC on the official website? Is it safe to buy it on the official website? (https://whatsminer.net/) or is it better through a trusted distributor? As far as I see you can and it is the cheapest place to buy it (much cheaper than in distributors). Here is the link: https://whatsminer.net/product/m30splusplus-106t-31w-may-delivery/ Anybody here could confirm me if you have bought it on the official website?

I have another question... What do you think about this brand? I think it is better Antminer (for example the Bitcoin Miner S19j Pro) but it is a more expensive... I think Whatsminer is very good to start mining... what do you think?

Thanks!!!

Hello, I am a mining equipment supplier from China and a miner with 5 years of experience. The electricity price you mentioned can definitely be mined, and it is also very competitive in the entire market. Last year, because of China's policy, many of us went overseas to mine. Important points about overseas mining:
1 Be familiar with local policies and regulations.
2 Make sure that the site can have long-term and stable power supply
3 The local political environment is stable
4 Local strong friends

Regarding the machine, in fact, my personal recommendation is that the S19 is better. I have over 800 s19s in my facility, some have been operating for almost two years without any issues. The M31+ that I bought in May 2021 from another mine has been repaired several times.
As for the purchase of the machine on the official website, in fact, the machine was booked in advance by our mining equipment supplier several months before production, so the official website has no inventory. If you don't buy much, I suggest you buy directly from Alibaba/Newegg. If you buy a lot, I suggest you choose a reliable supplier.