Bitcoin Breaks $9,000 In Another All-Time High

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6. Depends on where you live

Last edited Wed Nov 29, 2017, 07:18 PM - Edit history (1)

If your electricity rates are $0.10 kw/h or higher, it's not worth it. If you have cheap electricity, there are several plays. I lucked out and had 400 amp service already at my house. I had and electrician install a bunch of circuits in my garage. But heat is now a serious issue. I'll have to scale back in the summer or install a separate 5-ton AC packaged unit.

These are my numbers for 6 gpu ETH rigs I build..

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=150&HashingUnit=MH%2Fs&PowerConsumption=1200&CostPerkWh=0.10

It took a lot of trial and error to get started. Finding the right hardware mix is part luck and part science. BTC mining is a bit easier but acquiring an ASIC miner is a PITA. Bitmain is the only decent hardware vendor and they're terrible to work with. I would suggest doing a lot of homework before doing anything. PM me if you get close to starting and I'll be happy to provide some guidance on your startup rig.