What's the cost to set up a good mining rig?

[Sincerem]

I don't really know much about setting up a mining rig but from information I have gathered it certainly require you purchase some hardware devices that would facilitate your mining activities.

 

[Monster Masterpiece]

The antiminer and mining rig is in reality a bit expensive so not everyone could set up a mining rig or farm or anything related just because due to the cost and the budget.

 

[frederick_9]

I am aware that the majority of a typical mining company is expensive to start. Do you believe there is a way to establish a small mining firm that would be less expensive and require less capital? If yes, I would be interested in doing so.

 

[Joseph555]

those who claim to be mining are not even prepared to divulge the information on how to successfully mine cryptocurrencies especially BTC, they are definitely hoarding that information

 

[Planbizzle]

I would love to mine cryptocurrency, because I would love to start making extra money on the side. If I can set up a good PC to mine, and just forget about it, that would be great. But, how much would it cost to get a good setup built that makes me a good amount of money?

In general, a motherboard, a processor, a graphics card, a power source, a cooling fan, and a storage device are required to make a competent mining rig. You can anticipate spending between $1,000 and $2,000 on a fundamental mining setup.

 

[Nomad]

It depends on what kind of rig you want to set up. If you want to use GPU mining with 6 GPUs, you will have to spend anywhere between $1000-$4000.If you want to set up ASIC mining, you will have to spend anywhere between $2000 and $20,000.