Topic: Mining in my country (your opinion) - page 2. (Read 365 times)
At the current value of Altcoins, mining is not profitable anymore considering the cost of almost $0.2/kwh here in my country. I'm about to sell my rig soon..sad.
If you are just interested i your ROI it will depend in your investment with the mining rig specially with the prices of some hardware right now like the GPU, which has gone down but not so mich as it used to be. With your electricity cost like that I think that you will get your ROI depending on your mining rig cost will be within a year or so.
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Bitmain antiminer G2 is back in stock on their chineese website for 16,700 Chinese Yuan which equals to 2,648.79 US Dollar. OP keep your eye on Bitmain English site in case it becomes available. G2 specs are incredible for the price (assuming no new devices are coming out soon).
Very cheap.
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Bitmain antiminer G2 is back in stock on their chineese website for 16,700 Chinese Yuan which equals to 2,648.79 US Dollar. OP keep your eye on Bitmain English site in case it becomes available. G2 specs are incredible for the price (assuming no new devices are coming out soon).
Thats not an ASIC thats just a GPU rig hidden inside a simple server case. If bitmain has actually built an ASIC for Ethereum it will be way more expensive and it will be much more power efficient what you just showed us. I doubt that is even legit in the first place.
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Bitmain antiminer G2 is back in stock on their chineese website for 16,700 Chinese Yuan which equals to 2,648.79 US Dollar. OP keep your eye on Bitmain English site in case it becomes available. G2 specs are incredible for the price (assuming no new devices are coming out soon).
Im at .048 per Kw\h here in west central Indiana and im still making money. Waiting out the newbs to sell off all their cards during the great spring/summer 2018 panic.
But I'm here to ask how they see mining in their respective countries (without saying location). I'm from a country with the cheapest electricity in the world. The price is 0.0001$ per kw/h. Although blackouts happen every month.
0.0001$ per kw/h is really cheap. with this cheap electricity price i would buy me some second hand hardware (asics and gpus) and start to mine.
my land has one of the highest electricity price world wide. where i live, it make no sense to start mining.
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Well, as you say a problem is partially resolved with the Ebay rebates, but you are right with the market. I do not know if mining some altcoin a little more secondary like those that are inside the top 20 As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
Well, this is certainly a good rate as electricity does cut into ROI, but the other big issues are getting cards at a decent price and where the market is going. New cards are coming down though may never go down to where they were, but the second hand market is dropping fast, especially for 1070s.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
As for the crypto ecosystem, we are in a crypto-winter, meaning a price depression. The G20 will settle on regulations in their next meeting in June, people will start getting used to crypto as it will have seen 1+ year coverage in the mainstream media, and with reasonable regulations institutions will start getting in. The price will rise again. Just my two cents.
What!? $0.0001 KW/h
unbelievable
It's not an exaggeration, electric costs do not affect us ...unbelievable
Search for mining in Venezuela
Would it be profitable to mine any currency? My biggest concern is if I can recover the investment in 6 months
What!? $0.0001 KW/h
unbelievable
unbelievable
Hello everybody!
I am new in the forum (This is my first topic) and my english is basic...
But I'm here to ask how they see mining in their respective countries (without saying location). I'm from a country with the cheapest electricity in the world. The price is 0.0001$ per kw/h. Although blackouts happen every month.
The minery here is very profitable. But how is the situation in China, Russia, the United States, Europe?
The price of cryptocurrencies has affected them a lot?
Excuse me for my English as an automatic translator.
I am new in the forum (This is my first topic) and my english is basic...
But I'm here to ask how they see mining in their respective countries (without saying location). I'm from a country with the cheapest electricity in the world. The price is 0.0001$ per kw/h. Although blackouts happen every month.
The minery here is very profitable. But how is the situation in China, Russia, the United States, Europe?
The price of cryptocurrencies has affected them a lot?
Excuse me for my English as an automatic translator.
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