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Simple n00b question for you guys.
What is the best way to determine a price for your miner when renting?
I read many threads discussing setting the price, and I have not seen a post by someone who said 'use this formula' or 'this website does it like this'. I understand the power usage amount, the estimated amount say 1 TH mines per day, and how it correlates to difficulty.
Is there a more dynamic method with other variables?
I don't mean a calculator to know how much 1 TH will mine, but a calculator which uses that as a variable, the power as a variable, even maintenance, downtime, Bitcoin difficulty, even pool difficulty.
Maybe I am going to far for my initial question, but any input is appreciated. TY!!
I am going to link you to another pool https://www.f2pool.com/help
it shows its payout rate per th right now it is 0.0116977 btc a th daily this is the current rate - 4% ……. if you are renting your gear you want 25% more for your gear.
If you want to rent gear you want to pay exactly number give or take 5%. quick easy to know.