Crypto noob here looking to invest.
According to a mining calculator, if I use an antminer s9 for BTC, an antminer L3+ for LTC and something to mine ETH with, I can make about $20k+ of crypto a year, at current prices.
I don't pay for electricity and won't pay for it for the foreseeable future.
Does this sound about right? Seems too good to be true.
>>2430994
Did you account for difficulty increase?
>>2431024
No, how much of an affect will that have?
>>2431094
>affect
effect
fug
>Cooling cost: ?
>Profit begins when after initial investment: ?
20k a year is alright, but I doubt you'll truly be making that with such a small setup
>>2430994
>I don't pay for electricity and won't pay for it for the foreseeable future.
how did you manage to get free electricity?
>>2431429
the army is going to notice that you're paying an extra $100 for power a month, and they're not going to like it
>>2431463
I'm in a block with about 100 other guys, on a base with hundreds more. They might not notice.
>>2431494
Actually the US army is happy to waste money any way they possibly can (except on paying and supporting soldiers) so they can max out there budget and hire their friends as contractors.
>>2431540
this. buy more than one antminer, op
>>2431024
>antminer L3
This. That thing it limited in what it can mine so difficulty will kill it.
GPU's are much more flexible on the algorithms they can handle so you can always move to a new coin when one becomes unprofitable.