Post
Topic
Board Mining
Re: plug and play miner
by
ABCbits
on 02/04/2025, 09:39:30 UTC
hello i was looking arround for a btc miner to make profit but i couldnt find any that make nice profit my budget is €500 does anyone have any tips or advices i can use? Or any specific models?

With €500 you can only get an altcoin miner and make profit for a while, still I don't guarantee that you will make your initial back, this reminds me of Kaspa miners from ICERIVER, I got each for $400 and I was able to make $100 back, today they are no more profitable, unplugged and gathering dust.

You can get a Canaan Avalon miner with this money, something similar to the picture below.



With Just 140 watts you can plug and forget it for years, maybe you can hit a block one day who knows? But know that this is a kinda lottery, with 6TH/s you are better than those using solo miners  with 2TH.
Have you read reviews about this miner?
I'm not sure that this ASIC can work for years Smiley

This company have been around for many years, so i doubt quality of this ASIC is that bad. Although if you're talking profit, it's efficiency (J/Ths) isn't very good where ROI is probably impossible.

Oh and I'd definitely play around with those online mining calculators like the asic profit ones to get a rough idea of what you'd earn. Just make sure to dig into it all before you drop any money on gear or services, don't rush in blind!



Related thread, asicprofit dot com is a probable scam mining calculator website.