mr_chad

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15
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Nov 28, 2017
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Recent posts
  • So Russia is gonna supply more power to Kazakhstan's crypto miners. They’ll be able to buy electricity directly from Inter RAO. Seems like a solid move for them, right?

  • Not much experience, but I think rigs that are just 1-2 years old can be profitable since they’ll hit ROI faster than new ones. Why spend 5K on a new miner when you can snag a 3K rig and earn quicker? Old is gold, right?

  • Cloud mining is basically a scam where they pretend you buy mining power but it’s usually just a front. Hosted mining could be legit if you have local miners.

  • There are always those who crave control over the world's economy. With digital currencies rising, there’s bound to be chaos. Famous developers might face backlash, but staying anonymous could shield them from all that.

  • You did well selling old miners. If you’re buying new, consider the Antminer S19 Pro. It can bring in decent revenue. But man, those Antminers don't come cheap. Still, I believe Bitcoin mining will be worthwhile in the…

  • If you’re willing to drop close to 16K on this, you might be able to get anywhere between 350 to 500TH for mining crypto. That could pay off in the long run. Check out profit calculators when you can.

  • If you're serious about Bitcoin mining, the Bitmain Antminer S19 Pro is the best choice. It offers around 110 TH/s and can make you around six or seven bucks a day. That's not bad for passive income.

  • In some places, mining can be a steal during a bear market. Cheaper ASICs on the market, and if power's under 7 cents, it can cost around $11k to mine a BTC.

  • if you really have the funds, 50 Antminer S19 Pros could net you about 1 BTC a month. that’d be sweet. with that kind of investment, just hold onto the bitcoin for a couple of years. it’ll probably double.

  • I love the idea of moving to the US one day, but yeah, mining costs can be high compared to other countries. Canada might be cheaper with better temps for mining hardware. But the US still leads in active miners.

  • I doubt it’s that straightforward because everything goes through mining pools, and they don’t just share data like that. Unless they’re solving for something unique, I don’t see how you’d get that info easily. Not…

  • Yeah, the FTX fallout is hitting hard. So many companies are feeling the heat now. Core Scientific isn't the only one, but it’s a big name. They were involved with major players like Serum and Alameda Capital too.

  • Dude, you’ve got an Antminer S3, which is ancient. It’s only pulling 366W, which is decent for its time. But compared to an S19 Pro, which uses nearly 10 times that, your mining output is pretty weak. You should upgrade…

  • Your question is pretty vague, but I’ll say this: cloud mining is a total scam. It’s all just numbers on a screen. If you have some cash to invest, check out masternodes.online. Much better options there. Dash Coin’s…

  • I think you gotta rethink space. More space means fewer headaches. 100 Antminers is no small feat, you’ll need room for things like rodents or electrical issues. Plus, you want your setup to rely more on renewable…