0

Simply stated- what is the most cost-efficient way to earn money from mining Bitcoin? I've been a HODL'er since '14 but I recently wanted to deep-dive into mining for fun and was surprised to find how easy it was to do with a Raspberry Pi, slushpool account and a little bit of help from StackExchange:Bitcoin. My question now is- do I build a Raspberry Pi "bucketwheel" equipped with USB-miner sticks like the crate displayed below, purchase an Antminer S9 or go to the cloud? I'd appreciate any guidance or considerations for generating >= $100 month- again this is just for fun in experiment; I'm not looking to become the Hunt Brothers of Bitcoin ;)

enter image description here

1

If you mine with your RaspPi or your PC, you'll lose money because of electricity fees. The best way to mine is buying a miner (S9 is the best currently), but if you don't want to pay $1500, or don't want a noisy machine at your home, choose cloud mining. It's a bit risky, too.

  • Thank you- that’s exactly why I said “cost-efficient” I should’ve used asterisks to emphasize. I might try to do all three for fun. I appreciate the recommendations. – alexanderjsingleton Oct 20 '17 at 14:30
  • @alexanderjsingleton I'd suggest NiceHash. I've tried Hashnest and ViaBTC, While I'm satisfied with Hashnest, don't use ViaBTC. – MCCCS Oct 20 '17 at 14:37

protected by Community Sep 2 at 2:41

Thank you for your interest in this question. Because it has attracted low-quality or spam answers that had to be removed, posting an answer now requires 10 reputation on this site (the association bonus does not count).

Would you like to answer one of these unanswered questions instead?

Not the answer you're looking for? Browse other questions tagged or ask your own question.