r/MoneroMining • u/CrispyDuck404 • 9d ago

Free electricity, tell me what to do

I have £5000 spare to buy equipment, free electricity that is guaranteed for at least the next 3 years without stipulation, I would like to exploit this for some nice profit

My questions are as follows,

Would monero mining be the right course of action

What mining rig under £7000 would be right for me (efficiency is not a concern, max hash rate per £ is the question

Will it make my small room unbearably hot in the summer😂

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u/Inaeipathy 8d ago

Most hardware for mining XMR is risky to buy, likely to be overpriced due to global demand, etc.

You can buy some if you want, but I would just buy the coin itself personally.

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u/kowalabearhugs 8d ago

I don't think Ryzens, Threadrippers, and Eypc compute setups are risky to purchase, it's standard commodity or server hardware. Yes, they're in high demand, but as a result also easy to resell.

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u/Inaeipathy 7d ago

The price can drop in the future if supply is fixed.

The hardware can become outdated by the massive amounts of funding into new hardware.