RT
Rose Timothy

Planning to start mining


I am new to mining and I am planning to start soon, I have done my research and reached a conclusion of what I would start with.

I have a budget of about 50 k give or take, plus the electricity from where I am from is cheap = 0.006 USD per kw.

ASICs:

2 Goldshell E-AL1M Algorithm Blake3 "Alephium"

6 Iceriver RX0 Algorithm SHA512256d "Radiant"

4 Antminer L9 Algorithm Scrypt "LTC, DOGE"

I thought about the electricity and I have about 24 kw of power that I can use.

Replies
AH
Ahbubakar hamdu

Solid start!

Your diversified ASIC portfolio and cheap electricity ($0.006/kWh) provide a strong foundation. However, note:

•⁠ ⁠Antminer L9's power consumption (13,860W) exceeds your 24 kW capacity.
•⁠ ⁠Rebalance ASIC distribution for optimal power usage.
•⁠ ⁠Consider upgrading power infrastructure or reducing L9 units.

Monitor market fluctuations, algorithm updates, and miner performance to optimize your operation.

Best of luck with your mining venture!

AT
Anya Taylor

Your plans to get started is a nice idea, this mining has helped alot of people most especially me, you wouldn't regret it, just constant follow best mining practice

G
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