Seriously thinking about investing €100K in this.Should I do it guys?Electricity is basically free in my country and the government is planning on making it even cheaper.
>>59662697figure out what "basically free" means and do the math, because I will tell electricity price is make it or break it for crypto profits.
>euro>Electricity basically freeWhat? Nordic or mediterranean?
>>59662697Buy scratch offs instead
>>59662775What's that?
>>59662697Mining is dead if you don't have thousands of those.You better just buy 1BTC, and let it grow.
I like my energy cost in TN. It was crazy high when I lived in Tampa. Trump is going to fuck that up unfortunately even though I preferred him as president over Kamala.
>>59662697>11180WLOL, good luck getting access to a power plant.
>>59662794you scratch cards...
>>59662697go for it and solo mine like a boss
>>59663010Thats only 11kw retard, a normal house uses more at peak
>>59663059Dude, most houses uses 8kw-10kw at their pick. A fucking electric oven is roughly 1,3kw.
>>59662697if you can predict the top of moore's law it's worth it. i.e. the moment where there will be a substantial reduction in the rate of improvements to ASIC performance. If you can do that then your miner won't lose value quickly
>>59662697if that thing is dissipating 11kW of heat then where are the huge vents and fans?
>>59662697lol your late for that>>59663010also this
>>59663384This. How the fuck is it supposed to cool 11kW, it's either a typo or bullshit.
>>59663421Ok, they are watercooled. Jeez dude, 11 fucking kilowatts, it could probbably provide heating for an appartement in winter.
>>59663112My hairdryer alone has 2,5kw, running an aintminer on house line is easily possible at least in europoor, in my country the standard line has 43-69kw and you can get more if needed obviously
>>59662697If your electricity is "free" then your roiling is only 1 year maybe a little more difficulty will keep going up and you will have another 2 years to mine before halvening, but if your electricity is .05/kwh or whatever then that figure dramatically changes
>>59663454kek so obviously doomed to failJUST HAVE THIS AND THEN GET MONEY>uses all power>objectively makes the world poorer
>>59663059>Nobody turn on a light bulb Im mining
Oh fuck please plug a dozen of those into your apartment. Post pics after the wires in the walls melt, and burn the whole place to the fucking ground
>ITT americans cannot comprehend having 11kw on a circuitif your electric is free it's still over a year for ROI and difficulty will increase, better to buy old hardware
>>59662976Why?>>59663010I have a transformer substation that costs me $4k a month fixed cost.
>>59663581Reddit brains
>>59663485>My hairdryer alone has 2,5kwdamn, that hairdryer must have one thick-ass power cable
Why wouldn't the people who sell these use them themselves if they make profit? Legit question.
Does it use a lot of electricity ? How much exactly per day cause I do have free electricity in a rich oil Arab country (but not the gulf, a country with low regulations) but if it uses a lot the govt will suspect some illegal terrorist activities which will leave me with no less than 25 years in prison or death penalty. How much does it use per day ?
>>59663740>no responseEnjoy slow bleeding out returns on a percentage basis. You are a decade late.
>>59662697If you think BTC will keep appreciating you’re better off investing the 18k of the miner into BTC and use leverage
>>59663819OP HereIt uses 11Kw, my substation is rated for 30.000 Volts. I don't know how that translates into how much power I have available for mining
>>59663010>>59663059>turns on miner>fuse explodes>burns down house
>>59663972what third world country do you live in?10k peak isnt that abnormal for a standard houserunning the miner by itself shouldnt be a problemrunning the miner while having several appliances on might be
