Post
Topic
Board Mining
Re: Why is picking the right miner so hard???
by
MiningMike
on 11/12/2024, 08:29:23 UTC
It’s so easy to get overwhelmed with all the different models and opinions floating around.

Personally, I try to focus on a few key things: power efficiency, hashing power, and the overall cost-to-profit ratio. I look at the electricity consumption first because that’s often the biggest ongoing cost. Then I check out how much hashing power I’m getting for the price.

I also like to read up on recent reviews and mining profitability calculators to see how a miner’s performance stacks up against others. It’s a bit of a balancing act because a powerful miner could be a great deal upfront, but if it’s eating too much electricity, it might not be worth it in the long run.

I don’t always go with what’s familiar either. I try to keep an eye on newer models or updated versions of popular miners, since sometimes they improve power efficiency or hashing rates