Saturday, February 4, 2023

Starting an ASIC Bitcoin Mining Farm on a Credit Card. $40,000 of equipment!

I am starting a Bitcoin mining farm in my warehouse for Passive Income.
I am also mining litecoin which I’ll simply convert over to Bitcoin as its mined.

I’ve been mining Ethereum for the past few months and I absolutely love the concept, but when ETH 2.0 hits, that will all change.

It takes a lot of money to start, but its looking like as long as Bitcoin doesnt crash too terribly hard in the next 6 or 7 months, this should end up being an easily scaleable endeavor.

I bought 3 Bitmain Antminer L3++’s and an S19J Pro with an L7 on the way.

The S19J pro pulls over 3000 watts, the L7 Pulls 3400 watts and each of the L3’s want 800 watts to run. All of them prefer to run on 220 volts, which you typically only have at your stove and your drier and those outlets are busy.

Im a miner now. With a mining farm.. Im a farmer now! Who came up with these terms? Follow me for progress updates on wether or not this worked out. Im pretty confident it will.

#bitcoin #litecoin #mining

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