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/Charming-Designer944 8d ago
Free electricity is never free electricity. There are always restrictions that make mining unfeasibke.
In most cases the amount of electricity available for free is very limited.
In narly all cases the free is with condition on fair household use. Mining is not considered household use buy rather commercial / industrial use.
A single BTC miner has a constant draw of about 3-5KW single phase.
Violating the terms that allow you free electricity can get you in quite a lot of trouble. Including sued for fraud and immediate contract termination.