Fourth Step : Buy mining equipment
In this Forth Step, its you want to have your mining equipment. Please remember that even it will increase your earning, but it also will increase your risk. Example, risk because mining equipment is broken or jammed after running it; or risk if you buy from some site, but what you purchase not arrive or not have same specification with brochure; or others risk. Because of risk involved are getting bigger, thats why I suggest you to build your own Crypto Currency Wealth From Scratch, begin from First Step, Second Step and finally Third Step before you buy your mining equipment. But if you can afford to take the risk by using money from your own pocket, then you can continue to read below :
Here's what I do when I about to buy mining equipment :
1. To get best mining equipment, you can check at here : CryprtoCompare. Then click on "Pay Back Periods". It look like this :
2. After you find your best mining equipment, all you have to do is doing research to find where to buy it, or if that mining equipment need to build by us, then learn it at youtube. In above example, D3 Antminer have the shortest payback periods. Need only 19 days to get your investment back. Means, since you put that D3 Antminer to mining, you'll get back your investment in less than 1 month. So, its more than 100% profit per month. Antminer are produce by Bitmain. As you know, its the same company with Hashnest. Sadly, that equipment is not always ready. Last order I made, it only around 1 weeks showing at bitmain site, after that, it goes "out of stock". And after I order it, it need 3 month to receive, because they do shipping at specific periods. So, keep watch bitmain site, or you can check from hasnest members area for equipment stock release. If can, avoid buy from third party, because it will make you hard to claim if something wrong happen and also usually price is 2 or 3 times more expensive. Or do research about site who sell mining equipment before you buy mining equipment from there (here's eg. site who giving scam alert : Bitcoin.com).
3. After you receive your mining equipment, please remember this :
- Put your mining equipment in room with less dust. Dust can jam your equipment fan, and make your mining equipment over heat.
- Watch your room temperature. Too heat room can melt your equipment chips in long run
- Watch your power stability. In some country power is not stable.
- Note : For installation your mining equipment, please check seller website.
4. If you bought Antminer S9 or Antminer L3+, and after your equipment can run smoothly, I suggest you to connect to NiceHash and sell your hash power at that site. Earning are almost doubled. Heres example if you using Antminer L3+ (504 MHS, Power 800 watt, Electricity $0.12 per KW/h) :
Mining to produce LTC for your self
Sell your MHS at NiceHash and recive BTC
Or if you wanna more profit (but be careful with coins fluctuation), you can check what best to mine using your L3. You can check at WhatToMine site. Here's the result :
Alternate Mining using Antminer L3+
As you see, when I write this blog, the most profitable to mine using Antminer L3+ is DNotes (NOTE). Now, what all you have to do is searching where to mine NOTE coin. And also, watch out for price fluctuated, because NOTE is not on top 5 coins.
5. After you recognize the mining equipment problem and you can solve it (means you know detailed about your mining equipment base on your experience), you can buy more and more your mining equipment. Its base to reach Fifth Step : Build Your Own Mining Farm. But I wrote that Fifth Step later, when I already have my own mining farm..... XD
At the end of this blog, I wrote about my prediction on BTC price. You can check it, then toghether we can see if my prediction is correct or not. Thanks for reading this blog. Hope it could help... :)
At the end of this blog, I wrote about my prediction on BTC price. You can check it, then toghether we can see if my prediction is correct or not. Thanks for reading this blog. Hope it could help... :)




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