First of all, mining Bitcoin directly simply isn’t profitable. Multiple sources report that it just can’t be done. You could get an Antminer S9, the best ASIC hardware on the market, and you’ll be lucky biggest bitcoin mining rig for sale break even.
The best Bitcoin mining rig is a mining farm in China. Since most of us are not able to participate in this tantalizing yet capital-intensive business activity, we are left to mine all of the other cryptos. Fortunately, building a cryptocurrency mining rig is fairly straightforward. There are a few ways to make money with mining equipment. The stronger and more interesting one, in my opinion, is by mining new alternative cryptocurrencies.
While most of these will be worth nothing, some of them will eventually be worth 10 or 100 times their current price. This means that with even only your CPU, you can stand to make an incredible percentage. The second option is to simply pick one or two cryptocurrencies you feel very strongly about and go with them. Disclaimer: If you are looking to invest or for financial security, I recommend you DO NOT spend money on cryptocurrency or cryptocurrency mining equipment.
The best practice for getting into crypto is visualizing all of the money you are spending as being burnt in a fire. This is gambling, pure and simple. Here’s the five best ways to get Bitcoin by mining altcoins. If you’ve paid attention to crypto news, you may have heard that there are no graphics cards on the shelves. It’s true, there are very few, but if you can get between three and six of them, you can build a rig. Check Amazon for GTX cards, and you may be lucky enough to see something for sale. Building a rig is fairly straightforward.