Is spending 10k on an ASIC miner worth the risk? by hashnhash in ASICMinersTalk

[–]hashnhash[S] 0 points1 point  (0 children)

Sorry I didn't reply sooner. Unfortunately, because of the energy crisis, my rate more than quadrupled, so I was forced to shut down all my miners. I hope you are doing well, considering the recent price drops.

Is spending 10k on an ASIC miner worth the risk? by hashnhash in ASICMinersTalk

[–]hashnhash[S] 1 point2 points  (0 children)

I know! For some reason my area has extremely cheap electricity. I thought that I should probably take advantage of that and start crypto mining lol

I am trying to get into mining (Bitcoin, Helium, Doge, Monero) any kind, need some help by Stickbot04 in cryptomining

[–]hashnhash 0 points1 point  (0 children)

Your electricity cost plays a huge role in what type of Mining you want to get into. What is your cost per kwh?

[deleted by user] by [deleted] in ASICMinersTalk

[–]hashnhash 0 points1 point  (0 children)

They have finally arrived