Post
Topic
Board Mining
Re: a beginner wanting to start bitcoin mining
by
BitMaxz
on 27/08/2024, 18:01:14 UTC
he could get the avalon for about 175 usd. psu and shipping.

it does 3.3 th and 110 watts.

mine it to nicehash and get 15 cents a day in btc.

in around 400 days he will get a payout of 0.001 btc  or say 63 bucks. if btc goes up he will turn a profit.

at worse he loses a few hundred. he does help the network. and no one will know the owner of the btc if he uses a core wallet address.

not the way to riches.

Well based on my last month bill the current rate is around $0.23 and 15 cents a day for 110 watts still shows negative profit unless BTC keeps going up we can maybe make a profit someday by holding them but still not worth it if you keep paying bills with negative profit.
Maybe having a small solar setup only for this unit 110watts I saw recently a complete solar setup portable that can bring everywhere for around $100 limit load is 200w this might be a good option for small miner.