Cheap electricity - page 2. | Bitcointalksearch.org

tesco

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Quote from: kellendil on July 03, 2016, 12:33:12 PM

hi,
i have access to cheap electricity around 1 cent/kWh.
if i buy 5 s9 antminer do you think its a good investment ? What would you say ?

what price for s9 now bro ?

ecommerce

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Quote from: Betwrong on August 15, 2016, 03:48:07 AM

Quote from: ecommerce on August 14, 2016, 10:20:24 AM

Quote from: QuintLeo on August 13, 2016, 04:38:57 PM

Quote from: ecommerce on August 13, 2016, 01:04:43 PM

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

No, and such a chart would become outdated VERY quickly at best, and to be of any use AT ALL it would have to make ASSUMPTIONS about difficulty increase and future Bitcoin price that would certainly turn out to be incorrect in the long run.

BTW - if your electric is cheap enough, an S7 IS in fact still profitable - but for how LONG is a very good question.

If your electric is free, ANY miner is still profitable (though GPU or CPU based mining is not going to achieve any noticeable amount of income and will never ROI on any SHA256 based coin even with free electric).

The guy has electricity with price 1cent\kwh, can you or anyone explains who much electricity is it? For example a laptop which is one hour working and the only task we do is browsing net, how much is its electricity consumption?

Most laptop computers use below 100w even in peak times.

To calculate your costs use this formula:

(Watts x Hours Used x Cost per kilowatt-hour) / 1000 = Total Cost

Depending on the electricity price in your country it will be from $0.002 to $0.04

Well that is nice response, so 1kw\h for one cent is a very cheap price. For example for ANTMINER S9, I found this:
https://www.bitmaintech.com/productDetail.htm?pid=0002016052907243375530DcJIoK0654
Which shows a 1375 watt consumption. It has low price consumption although it is expensive with 2400$ price.

Betwrong

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Quote from: ecommerce on August 14, 2016, 10:20:24 AM

Quote from: QuintLeo on August 13, 2016, 04:38:57 PM

Quote from: ecommerce on August 13, 2016, 01:04:43 PM

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

No, and such a chart would become outdated VERY quickly at best, and to be of any use AT ALL it would have to make ASSUMPTIONS about difficulty increase and future Bitcoin price that would certainly turn out to be incorrect in the long run.

BTW - if your electric is cheap enough, an S7 IS in fact still profitable - but for how LONG is a very good question.

If your electric is free, ANY miner is still profitable (though GPU or CPU based mining is not going to achieve any noticeable amount of income and will never ROI on any SHA256 based coin even with free electric).

The guy has electricity with price 1cent\kwh, can you or anyone explains who much electricity is it? For example a laptop which is one hour working and the only task we do is browsing net, how much is its electricity consumption?

Most laptop computers use below 100w even in peak times.

To calculate your costs use this formula:

(Watts x Hours Used x Cost per kilowatt-hour) / 1000 = Total Cost

Depending on the electricity price in your country it will be from $0.002 to $0.04

QuintLeo

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Quote from: ecommerce on August 14, 2016, 10:20:24 AM

Quote from: QuintLeo on August 13, 2016, 04:38:57 PM

Quote from: ecommerce on August 13, 2016, 01:04:43 PM

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

No, and such a chart would become outdated VERY quickly at best, and to be of any use AT ALL it would have to make ASSUMPTIONS about difficulty increase and future Bitcoin price that would certainly turn out to be incorrect in the long run.

BTW - if your electric is cheap enough, an S7 IS in fact still profitable - but for how LONG is a very good question.

If your electric is free, ANY miner is still profitable (though GPU or CPU based mining is not going to achieve any noticeable amount of income and will never ROI on any SHA256 based coin even with free electric).

The guy has electricity with price 1cent\kwh, can you or anyone explains who much electricity is it? For example a laptop which is one hour working and the only task we do is browsing net, how much is its electricity consumption?

Every miner I've ever seen advertised on it's original web site included some sort of "power consumption" spec.
THAT is where to look for that information.

ecommerce

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Activity: 136

Merit: 100

Quote from: QuintLeo on August 13, 2016, 04:38:57 PM

Quote from: ecommerce on August 13, 2016, 01:04:43 PM

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

No, and such a chart would become outdated VERY quickly at best, and to be of any use AT ALL it would have to make ASSUMPTIONS about difficulty increase and future Bitcoin price that would certainly turn out to be incorrect in the long run.

BTW - if your electric is cheap enough, an S7 IS in fact still profitable - but for how LONG is a very good question.

If your electric is free, ANY miner is still profitable (though GPU or CPU based mining is not going to achieve any noticeable amount of income and will never ROI on any SHA256 based coin even with free electric).

The guy has electricity with price 1cent\kwh, can you or anyone explains who much electricity is it? For example a laptop which is one hour working and the only task we do is browsing net, how much is its electricity consumption?

QuintLeo

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Activity: 1498

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Quote from: ecommerce on August 13, 2016, 01:04:43 PM

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

No, and such a chart would become outdated VERY quickly at best, and to be of any use AT ALL it would have to make ASSUMPTIONS about difficulty increase and future Bitcoin price that would certainly turn out to be incorrect in the long run.

BTW - if your electric is cheap enough, an S7 IS in fact still profitable - but for how LONG is a very good question.

If your electric is free, ANY miner is still profitable (though GPU or CPU based mining is not going to achieve any noticeable amount of income and will never ROI on any SHA256 based coin even with free electric).

ecommerce

full member

Activity: 136

Merit: 100

Quote from: socks435 on August 13, 2016, 12:54:02 PM

Quote from: JungleBook on August 12, 2016, 02:59:45 PM

Electricity is still pretty cheap here in the Midwest. I don't think we would be able to do anything roi+ especially with the halving and price drop in bitcoin. There is some potential if I could buy hardware bulk and setup close to the city. I haven't put much though into solar power but it might be an option down the road.

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

Is there any sensitivity table or sensitivity chart that shows in what level of electricity price and with antminer s9 or other miners,mining is profitable or how much we can make?

socks435

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I'm looking for free spin.

Quote from: JungleBook on August 12, 2016, 02:59:45 PM

Electricity is still pretty cheap here in the Midwest. I don't think we would be able to do anything roi+ especially with the halving and price drop in bitcoin. There is some potential if I could buy hardware bulk and setup close to the city. I haven't put much though into solar power but it might be an option down the road.

Yeah your right but even the price is down and we are at level 500 the miner who using antminer s9 are still profitable..
IF you are using old asic miner like s7 below they are no longer profitable now a days.

lotfiuser

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yeah you can mine but you have to stack and wait the price to double

JungleBook

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Electricity is still pretty cheap here in the Midwest. I don't think we would be able to do anything roi+ especially with the halving and price drop in bitcoin. There is some potential if I could buy hardware bulk and setup close to the city. I haven't put much though into solar power but it might be an option down the road.

Betwrong

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I stand with Ukraine.

Quote from: Amph on August 10, 2016, 03:03:30 AM

Quote from: Roger Burton on August 09, 2016, 08:07:12 AM

Mining with almost zero costs, sounds like a blessing to me. Sure it'll take you some months to ROI but it's solid investment & once you roll down you'll also be able to catch up with new miners (eg a new antminer) using only parts of your profit!

usually those tht mine with very cheap way, are near some hydro plant, they have special contract, they live there like they showed with those chinese farm

it's unfeasible for other only because those place are already occupied

Actually I think not all those places are occupied. Take a look at the list here:

https://en.wikipedia.org/wiki/List_of_largest_hydroelectric_power_stations

and keep in mind that this is the list of largest hydroelectric power stations where only plants with capacity larger than 2,000 MW are listed. I think there are still a lot of opportunities to locate your mining farm near a hydroelectric power station.

Amph

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Quote from: Roger Burton on August 09, 2016, 08:07:12 AM

Mining with almost zero costs, sounds like a blessing to me. Sure it'll take you some months to ROI but it's solid investment & once you roll down you'll also be able to catch up with new miners (eg a new antminer) using only parts of your profit!

usually those tht mine with very cheap way, are near some hydro plant, they have special contract, they live there like they showed with those chinese farm

it's unfeasible for other only because those place are already occupied

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

Quote from: HaXX0R1337 on August 06, 2016, 09:02:18 PM

I think that starting a mine with solar panels is a great idea.
im sure that is not an easy task, but the returns may be really great with big investment size.

Maybe you no need to think about the electricity after using a solars panels but ever you think about the capital for holding solar panels and upkeep of the solar panels. it's will take a lot of capital for using that more than using an electricity.

Roger Burton

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Activity: 101

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Mining with almost zero costs, sounds like a blessing to me. Sure it'll take you some months to ROI but it's solid investment & once you roll down you'll also be able to catch up with new miners (eg a new antminer) using only parts of your profit!

agente

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Quote from: T-TERI on August 03, 2016, 02:01:40 PM

Quote from: kellendil on July 03, 2016, 12:33:12 PM

hi,
i have access to cheap electricity around 1 cent/kWh.
if i buy 5 s9 antminer do you think its a good investment ? What would you say ?

If i had money for buying,shipping ... i would never hesitate that. I have access to 2 cent /kwh

Where do you live?

Lionidas

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Quote from: gAtOtkOcO on July 27, 2016, 03:51:55 AM

Quote from: kellendil on July 03, 2016, 12:33:12 PM

hi,
i have access to cheap electricity around 1 cent/kWh.
if i buy 5 s9 antminer do you think its a good investment ? What would you say ?

I want to know, where do you contry live? I have 5 units S5 antminer from bitmain and not use about 7 months ago, if I send to you, maybe we can sharing the bitcoin result.

I'll take them Grin

Tell me where you live and I will pay for the shipping. Sound good to you?

dhampir-D

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Quote from: HaXX0R1337 on August 06, 2016, 09:02:18 PM

I think that starting a mine with solar panels is a great idea.
im sure that is not an easy task, but the returns may be really great with big investment size.

Yes, I think it is worth a good research.

HaXX0R1337

sr. member

Activity: 574

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I think that starting a mine with solar panels is a great idea.
im sure that is not an easy task, but the returns may be really great with big investment size.

Script3d

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Merit: 503

Quote from: Mumbeeptind1963 on July 25, 2016, 01:21:47 AM

You want cheap electricity come here in philippines in ilocos norte part of marcos windmill electricity there are very cheap. In that place you mine to get a big profits but its only for near there but if in other country you must search where in your places see the cheap electricity.

dont go in the philippines i warned you for
some reasons i wont tell

T-TERI

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Activity: 15

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Quote from: kellendil on July 03, 2016, 12:33:12 PM

hi,
i have access to cheap electricity around 1 cent/kWh.
if i buy 5 s9 antminer do you think its a good investment ? What would you say ?

If i had money for buying,shipping ... i would never hesitate that. I have access to 2 cent /kwh

Topic: Cheap electricity - page 2. (Read 8091 times)