*ASIC setup in South America – cheap hydro power, $50k budget, need hardware recommendations
Hey, looking for advice on building out a small mining operation. I have access to cheap hydroelectric power in South America and a $50k USD budget for hardware and infrastructure.
Main question: which ASICs are the best efficiency/price ratio right now for someone starting fresh? I'm looking at J/TH as the key metric given my low electricity cost (around 8 cents per kWh), but I also want to avoid overpaying for the newest gen if mid-gen units give better ROI at current difficulty and BTC price.
A few specifics:
- Climate is warm year-round, so I can't repurpose heat for anything useful – cooling and ventilation will need to be budgeted for
- Importing hardware to South America adds logistics complexity – has anyone dealt with customs/duties for ASICs in this region?
- At $50k scale, does it make more sense to go all-in on a few high-end units (S21 Pro, Whatsminer M60S) or spread across more mid-range machines for redundancy?
Also open to hearing from anyone who's done the "mine vs. buy spot" math recently at this power rate. Appreciate any input.