Topic: $800 Electric Bill . . + My Current GPU Mining Profitability - page 3. (Read 4935 times)

Right now I guess is around 40% to electricity bill, soon will be 70% hehe and in few months you will have to pay the electricity bill from your own pocket cause the money from mining will not be enough to pay the electricity bill hehe

13548 kWH for August. Effective rate $0.08265

$1119.80

I have about 200 M hash for Eth and I'm getting hit with an electric bill about $200 more than normal.  I'm happy, I'm mining more than I spend on electricity:)

Wow man that is freaking awesome & impressive, would you mind sharing some pictures of the setup? What's your projected timeframe where the solar setup will pay for itself? You saved big $$$$ doing it yourself

Ouch! I've got mine down to 0.053/KWh commercial rates. If only I could get industrial rates!

It'd be nice to see a site similar to GPU benchmarks/coin but showing ACTUAL power costs in different areas. To be honest if I could find a really good rate somewhere in OR or WA I'd probably lease a building there to mine.

I have 80 panels, each rated for 260W, so a total of 20.8 kW DC.  Each panel cost roughly $200 and each micro inverter $100, so a total of $24,000.  On top of that there is mounting for roof and ground, and running the electrical.  I did it all myself, so I was able to do all that for an additional $3,500 in parts.  So the grand total was $27,500 not counting my own labor.  So that worked out to $1.32 per watt.  Lifespan should be 25+ years.  By then production will likely be down to 85% of what it is now due to the cells in the panels slowly degrading over time.

As for heating the house with the miners, yeah, my plan is to spread them around the house.  I thought about ducting it into my central HVAC, but decided it would probably have had more cons and pros.

 As I get the money to do so, I have been.


 I keep hoping the "flypool" folks will set up a zen pool to go with their ETH ETC and ZEC pools, but they haven't done so yet.

What are the ZEN pools you're currently using?

Very cheap electricity bill, this is a good place for mining, you should setup more mining rig 

Wow.. envy your electricity price.
In our country government charges about $1/Kwh when monthly usage goes over 1000kwh.

Awesome stats man thanks for posting that. How much do you have invested into your solar array and what's the lifespan for it? Also for everyone that offset their heat with miners, is there a particular plan you have for that and do you kind of just put a rig in each room lol xD

Here's my latest bill:



I have a 20kw solar array which is why I had no consumption from March - June and only a tiny bit in July, which is when I started mining.  My usage would have been another 2,500 kWh this past month had it not been for the solar array.

Here's my historical over the last 3 years:



I need to modify it to show my effective kWh rate with the solar offset.

I'm doing about 14 ksol/s and Burst mining with 260Tb.  I'm hoping the use my miners for heating during the cold season to offset the cost.  This summer's heat was pretty brutal.

Updated video on what I've made mining with the Antminer D3 for the past week

https://youtu.be/onO7O-vZQwQ

9517 KWh - $1287.50 total bill. Yeah, NYS stinks....  We hope to switch to a continuous natural gas generator to use the free gas on our property, but that likely will be a project for next summer. I'd love to move to where QuintLeo is, but for various non mining reasons we're stuck here for the forseeable future.

Just got this month's bill.

8858 KWh, 16 KW peak, $780

ouchie, winter months will be better since I won't have to run the A/C to keep the place under 30C.

Southeast USA.

It's hard to say what my current rate is.  I haven't been at full capacity for a full month, yet.  My previous bill was roughly 200 peak hours, so it would not much better than residential rates of 0.10 USD/kwh.

My last power bill was just over $500 at the bottom line for a hair under 11KW used.

 The large majority is mining, but it's a mix of A2 Scrypt ASIC, ballpark 30 cards worth of NVidia rigs currently mining ZEC, and a bunch of misc. AMD rigs mostly working RC5-72 Dnet via the Moo Wrapper project on BOINC and earning some Gridcoin to pay the electric for those rigs (and not much more if at all, but I'm consistantly the #1 producer in all of Dnet on RC5 work AND by far the #1 Moo Wrapper producer, as well as being easily Top 20 in Gridcoin research production).

 I expect the next electric bill to be somewhat higher, as I've added more hardware this past month.

 I also have a bunch of optimization work to do on the rigs for ZEC mining, they WERE doing Folding@Home 'till a combination of the recent ABUSE by Vorshalk (a CureCoin DEVELOPER) that has been killing profitability of both CureCoin AND FoldingCoin coupled with my ongoing long-term issues with Stanford's frequently broken infrastructure ticked me off to the point I refuse to deal with those projects any more.


 Given your high electric rate, have you considered moving somewhere with LOW cost electric?
 My next planned move (probably sometime next year, possibly 2 years off) should net me a significant drop in electric cost (I'm in "only" the 3'd lowest cost residential/small business electric rate are of the country, the top 2 are "right next door" in adjacent counties).

@hanskan whats your elec cost / where in AUS


@Tecmand what are your miners and what is your elec cost?


@bclcjunkie that would really flip my world upside down if they came out with an equihash ASIC lol


@LoneRangir I try to pay everything I can out of pocket, but I'll be selling crypto pretty steadily for the rest of the year unfortunately to pay some expenses and really just pay off the debt i've accrued

that's pretty awesome actually, where ar eyou located and whats your price end up coming out to?

To be fair my bill will be more like 1k on my next statement / 1.2k with the D3 I added so this price is a bit under and not a absolute full representation of everything so time will tell O_O whats your elec rate?