Yep, I did that with a previous investment before the precious metal one. In fact, that's probably why I clung on to the PM one. With my luck, I...
Been there, got the T-shirt, and still wearing it. I put a significant sum into a precious metal investment in 2013. It was about $40 at the...
Presumably $1400 is not a significant % of your net worth. :D I'm not sure how you can be so confident that this trade will eventually make money...
I think old age is starting to catch up with me. :D
It does play up from time to time (screen/gpu definitely on the blink). I know it's only a matter of time before it dies, which is good because...
So my guess of a 10kW rig (2,400kWh/day) should do the job.
The problem for me is that things move so fast. You could buy a rig now for a few $k and it sounds like it could be redundant within a couple of...
I guess that's one advantage of being in the UK, having 240v instead of 110v, therefore half the current for the same wattage. That 1-bed...
Depends on the size of the rig. 10kW would probably heat a house or warm a swimming pool. It would certainly make sense if mining farms were...
Do you have a swimming pool? Do you heat it at all? Heating swimming pools wouldn't be a bad use for the waste heat from mining.
0.05kWh :D I re-read your original reply and you were correct. What threw me was I'd been previously reading about rigs consuming around 3kW, so...
I guess you'd need an ASIC to get decent results but that would be an even bigger up-front cost. Whatever hardware you buy probably only has a...
Yep, I was thinking about this too. I could put it in the hall, or on the upstairs landing, but if they sound like a mini jet engine that could...
The unit of kWh is kW per hour. An appliance, like a kettle, rated at 3kWh draws 3kW in an hour. In the case of your mining rig, it would be...
UK. Mains gas is only $0.06 per kWh, and oil is just slightly more expensive than gas. https://nottenergy.com/resources/energy-cost-comparison...
2.8kWh would cost me $20/day (24*2.8*$0.3). As mentioned in the other thread, my idea was to use a rig as a cheap form of heating in the winter...
Any suggestions of good off-the-shelf rigs? I found this calculator which looks quite useful. https://www.coinwarz.com/mining/ethereum/calculator
PS. answering my own question: https://bravenewcoin.com/insights/crypto-assets-you-can-mine-from-a-home-computer
So much for my idea of cheap heating. Doh! Presumably there are other coins which are easier to mine? Where you could earn regular rewards with...
That's the bit I don't know.
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