So I've got access to ''free electricity''
Thinking about ask for a 10k loan and buying a shit lot of Asic Miners to mine bitcoins.
How retarded is this biz idea?
Bitcoin Mining - LOAN!??
Luis Hill
Adam Nelson
Calculate hashrate and mine something else
Go on whattomine
Jason Ramirez
Ok so I did the calculations.
With 10K I can afford about 6 S17s pro.
Which equals to around 300TH/s. With zero electricity costs, Nicehas says this would give me about 3k a month in bitcoin.
This sounds too good to be real
Liam Ross
Am I tripping here, what am I missing?
Juan Green
To power up those things you need a power plant, do you know that?
Kevin Johnson
It's unironically a good idea. Just don't forget to sell this miners to some idiots once Bitcoin reached ATH
Michael Collins
Ok so I am not very well versed in this side of physics. But as far as I can understand.
Each unit would be around 2000w each running 24h.
So 2000w * 6 12Kw. I have a fuse box with two cables, each fuse is 690v and 100amps.
Correct me if I am wrong, but don't I have like 69kW to play with? (Not being condescending, I genuinly don't know this shit)
Aiden Flores
What does ATH mean?
Cooper Lewis
sounds like you gonna burn shit down, or yourself
Noah Myers
Wouldn't be the first time, then again last time I burnt the kitchen for 1k in damage, the company paid me 5k for some reason!
Shit pays dude