not worth the investment unless you can go very big, it's centralized as it get and not casual anymore
for example 1 single s9 net you less than 0.01 per day with 1.4kw/h of consumption, and the diff keep increase, which mean this amount is decreasing over time
we are already approaching the day where you need the whole resitendial power(usually here 3kw/h) to run a miner...
for example 1 single s9 net you less than 0.01 per day with 1.4kw/h of consumption, and the diff keep increase, which mean this amount is decreasing over time
we are already approaching the day where you need the whole resitendial power(usually here 3kw/h) to run a miner...
Just plug the numbers into a mining calculator, you'll find that unless you have ridiculous electricity rates, you can make profit. Electricity is 0.10 $/kWh where i live and I could easily turn a nice profit off 5-10 S9's.
as i said in that post you need to invest big to make somethign significant, 10 s9 is $20k, not everyone has 20k ready to throw at crypto
and with 10 of them you are only generating 0.08 a day, minus electricity, it's not that much....
I plan on starting with four S9s which with a 10c power rate will net me about $700 per month after power costs. Factoring in the resale value of the miners, that's extremely profitable. In the real world of investing with stocks and real estate, you couldn't even dream of returns like those.
it's not about how much it net you, it's about roi , those thing will recover their initial investment? with the diff that keep increase? also isn't more wise to invest in x11 asic they consume 1/7 cost the same and earn you a bit more
What is x11, scrypt? I haven't mined with graphics card in years, is it actually profitable again?
x11 is an algorithm that can be mined by another type of asic, there are now x11 asic, in the past there were scrypt asic, but you should know about these
i have one x11 asic now in my home, it costed me 1.8 btc, but it can generate 0.01 a day with only 200 watt, much better than any antminer
There weren't even x11 asics a while ago, cool. Which one do you have?
yeah they are a new thing, from 2016 i think, dunno if there was one already in 2015 in production, i have the baikal a-900 giant
actually i hate asic, but this one isn't the same, because it can mine 6 different algorithm not like the ordinary asic that mien only 1
I just looked it up, that thing is a beast! Although it does save a lot of money on power, it's a very expensive machine, much more than the Antminer S9. When I run the numbers, the ROI of this machine and the ROI of the S9 are very similar, somewhere near ~200 days for each.
