I high recommend it. As with many things bitcoin, you will learn a lot by trying it out.
For under $100 you can start mining: https://kaboomracks.com/product/used-antminer-s9/
reply
What about electricity costs? My state is expensive
reply
During cold months just use it as a space heater.
reply
And turn off during summer?
reply
You could. This is why I think low cost mining equipment is important.
You don't feel like you have to mine 24/7. It is such a small cost that it lets you learn and heat your house.
vs.
buying a multi thousand dollar mining rig and feeling like you need to run all the time to justify the purchase.
reply
👍👍👍 $$$
I am more interested in learning
reply
What about buying hash rate and no equipment?
Electricity is expensive in my state
reply
I have never rented hash rate but no reason it could not work.
My guess is that lightning withdraws might cause some people who are renting the hash rate out to just mine for them self.
reply
66 bucks?
reply
You will need a PSU also and some shipping cost.
It will be around $100
reply
PSU?
I am a novice
reply
Power Supply Unit. Similar to what you would have in a desktop PC.
It is the box with all the wires coming out of it in the link. https://kaboomracks.com/product/used-antminer-s9/
reply
Thanks
reply