Share Your Mining Rig

majdi107 said:
No you are wrong
Mining difficulty can increase if they will make better machine than yours and if the completions go high (more people start mining)
So it's not just about halving
Click to expand...

Yes that's right but with this machines most of the profit is going to electricity bills, and my electricity bill will be only around 8% from profit so i don't care if difficulty goes up, BTC machines are cheaper then eth and can make much faster ROI if you don't pay electricity :)
 
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I believe the ideal place to mine is a place where the weather is cold, electricity is cheap, and internet connection is fast and stable.
 
LgnG said:
I believe the ideal place to mine is a place where the weather is cold, electricity is cheap, and internet connection is fast and stable.
Click to expand...

I think I remember seeing like a massive bitcoin farm in Iceland or Norway, something like that. They had the same idea!
 
LgnG said:
I believe the ideal place to mine is a place where the weather is cold, electricity is cheap, and internet connection is fast and stable.
Click to expand...
Cold weather and cheap electricity does not always align, where is it cold and cheap?
 
Plastic Bowl said:
I think I remember seeing like a massive bitcoin farm in Iceland or Norway, something like that. They had the same idea!
Click to expand...
Yes, it is cheap as long as you do it massive, invest millions, even in North of Sweden you get a rebate on electricity if you go massive in size.
 
searching for the search term deal place to mine crypto brings up an article listing these places
  • Estonia. ...
  • Canada. ...
  • Norway. ...
  • Kuwait. ...
  • Iceland. ...
  • Switzerland. ...
  • Finland
  • Sweden
  • Latvia
  • Georgia
 
RoiBox said:
Yes, it is cheap as long as you do it massive, invest millions, even in North of Sweden you get a rebate on electricity if you go massive in size.
Click to expand...
maybe you could work out a deal with someone in one of these ideal places to setup a rig for you in their home ;)
 
LgnG said:
maybe you could work out a deal with someone in one of these ideal places to setup a rig for you in their home ;)
Click to expand...
I already live in Sweden, but to get the rebate of cheap electricity, you need to go massive, don´t work from home, home electricity is expensive in Sweden due to cold weather.
 
LgnG said:
searching for the search term deal place to mine crypto brings up an article listing these places
  • Estonia. ...
  • Canada. ...
  • Norway. ...
  • Kuwait. ...
  • Iceland. ...
  • Switzerland. ...
  • Finland
  • Sweden
  • Latvia
  • Georgia
Click to expand...
Kuwait? No never
It's too hot for that
 
apologies guys I live in the USA and was using the info from the article, my rates are about 0.25 KWh and increases the more I use. It is only mildly cold in the wintertime here. In the summer I would need to run the air conditioning along with the rig.
 
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