Wednesday, 30 September 2015

Noobs guide to mining: first week impression

Thinking about mining? It's addicting, fun and awesome to be involved with.

As of now, it seems like the best miner to go with (dollar per hash) is an antminer s3. I have four of them running off of two power supplies.

Statement 1: noise. Don't plan on putting these in your living room. It won't work Statement 2: heat. Four of them with two psu in a bedroom will heat the room up 10 degrees it feels like. Doesn't sound like a lot but when the ac is set on 67 and you walk into an almost 80 degree room... It's a big deal

Do the math. There are online calculators showing what your electricity will run with these running. Price per kw, how long they run (24hrs), and how much the unit(s) pull. Then see if the mining is worth while to you. Don't forget to factor in cooling the Area down with the added ac if that is needed.

This should answer most noob questions. The future is unclear with BTC but that goes with everything.



Submitted September 30, 2015 at 08:56PM by sixt5 http://bit.ly/1JCm3Qv

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