<p>If you want to calculate your farm's profitability, you can use various online calculators to do that, like <a href="http://tpbitcalc.appspot.com" rel="nofollow">mine for example</a>. You should take into consideration such scenarios as the reward for blocks halving soon, difficulty increasing, price going down and so forth and see whether or not it's worth your investment.</p>

<p>Generally, GPU mining might not be the best choice at the moment, its profit margins are narrow. FPGA miners are more effective, but are generally pretty costly at the start. The new trend appears to be ASIC miners which can also be quite costly but are extremely good at mining.</p>

CC BY-SA 3.0
2012-08-30T11:19:41.083Z
2012-08-30T11:19:41.083Z
ThePiachu
<p>This is a question that has been on my mind for a while. I was going to buy a server farm to mine Bitcoins and I was wondering if it would be practical to jump on the mining bandwagon at the current time.</p>

CC BY-SA 3.0
2012-08-30T11:14:34.363Z
What recent crash are you referring to?
ThePiachu
CC BY-SA 3.0
2012-08-30T17:22:13.590Z
What is your cost of electricity?   What is your experience in Bitcoin mining?
Stephen Gornick
CC BY-SA 3.0
2012-08-31T07:46:39.283Z
possible duplicate of [Is mining still profitable?](http://bitcoin.stackexchange.com/questions/3/is-mining-still-profitable)
Highly Irregular
CC BY-SA 3.0
2012-08-31T07:49:50.887Z
Also related: http://bitcoin.stackexchange.com/questions/485/how-can-i-compute-mining-profitability
Highly Irregular
<trading><mining-profitability>
Is this a good time to enter mining?
b28c92e5ff1
# Is this a good time to enter mining?

(Asked by: username_0 on 2012-08-30)

This is a question that has been on my mind for a while. I was going to buy a server farm to mine Bitcoins and I was wondering if it would be practical to jump on the mining bandwagon at the current time.

**Tags:** trading, mining-profitability

> **Comments:**
> **username_1**: What recent crash are you referring to?  
> **username_2**: What is your cost of electricity?   What is your experience in Bitcoin mining?  
> **username_3**: possible duplicate of [Is mining still profitable?](http://bitcoin.stackexchange.com/questions/3/is-mining-still-profitable)  
> **username_3**: Also related: http://bitcoin.stackexchange.com/questions/485/how-can-i-compute-mining-profitability  

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## 1 answers

### Answer by username_1 on 2012-08-30. Score: 1 | Accepted answer

If you want to calculate your farm's profitability, you can use various online calculators to do that, like [mine for example](http://tpbitcalc.appspot.com). You should take into consideration such scenarios as the reward for blocks halving soon, difficulty increasing, price going down and so forth and see whether or not it's worth your investment.

Generally, GPU mining might not be the best choice at the moment, its profit margins are narrow. FPGA miners are more effective, but are generally pretty costly at the start. The new trend appears to be ASIC miners which can also be quite costly but are extremely good at mining.


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