this thread has probably been posted dozens of times before, whatever. dont got a huge budget but I'm trying to diversify as much as possible. is there anything good around 1k or should I look to bump up my budget a little? thanks.
Here's my take on budget mining.
It's a start for a 1 GPU mining rig, you wont make a lot but its a foot in the door and something you can run at home with multiple algorithm options. Your looking at about $1.00-$3.00 a day this route minus electricity cost.
Helium mining is another way and probably the most profitable as far as equipment cost goes, 1k should get you a nice top of the line setup, A lorawan helium router $450-700 on ebay right now (bobcats are the best from what I hear, but avoid sensecap and syncrobit) , antenna (5.8dbi or 8dbi) lmr400 cable , copper rod, lightning arrestor, 4ft satellite mast, cat8 and some awg10 wire for your lightning arrest system.
If your lucky and have a rohn tower at your house you can make about 50% more then the network average putting it 10+ft above your roofline. every foot of LMR-400 cable degrades your signal about 0.04 DBI
(so a 30' cable =1.2DB strength degrade so turns a 5.8dbi antenna into a 4.6 dbi antenna essentially)
I make about $4-$7 a day on a helium router 35' in the air on a 5.8 dbi antenna. The wonderful thing about them is they only use about $1 in electricity a month.
If you go this route dont shy away from moving the antenna outside , before I put mine outside I ran it in a window and made like $30 a month,
My helium router outperforms all my other gear profit to cost wise. The crappy thing about them is you can only really run one profitably at home but if you have friends that would let you install one around town you can make a killing! (just check helium maps and dont install too close to other helium routers or your profits will go down, they can measure signal RSSI strength and if its too strong they can tell your too close to another unit.