Author

Topic: Mining is over (Read 918 times)

newbie
Activity: 1
Merit: 0
December 12, 2016, 11:06:34 AM
#9
BTC Huhhttp://][/img]
I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD

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legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
December 11, 2016, 05:51:12 PM
#8
in my country 1kw= 0.03 usd)

Nice  you are lucky.


In my house 12.7 cents  So I mine gpu cards in the winter  the heat for my home and the coins I make a few bucks.



I have 2 hosting deals  with free power but 50-50 split on the coins.

 I have about 50th in the two spots.
Damn. I have 0.65$/kwh electricity here in Erie, PA. Got a single rx 470 in my gaming setup that's used for mining casually when I want, and a few other assorted S5-S3s for fun. Sounds like a great deal on hosting.
sr. member
Activity: 882
Merit: 297
December 11, 2016, 10:42:09 AM
#7
in my country 1kw= 0.03 usd)

Then i think you can start mining as your price is very low and if you can rent some 2 or 3 rigs then you can earn nicely, but if you can try to mine altcoin that will give you more profit
legendary
Activity: 4158
Merit: 8049
'The right to privacy matters'
December 11, 2016, 10:27:38 AM
#6
in my country 1kw= 0.03 usd)

Nice  you are lucky.


In my house 12.7 cents  So I mine gpu cards in the winter  the heat for my home and the coins I make a few bucks.



I have 2 hosting deals  with free power but 50-50 split on the coins.

 I have about 50th in the two spots.
legendary
Activity: 966
Merit: 1042
December 10, 2016, 07:46:16 PM
#5
Holy shit 13cents a KWH!? Your mining was dead long before the S9 became available so why did you even buy it!? Wow! Go to any calculator and it would have told you that!
member
Activity: 88
Merit: 10
December 10, 2016, 07:39:22 PM
#4
First post ever, declares mining dead.
hero member
Activity: 2632
Merit: 649
Vave.com - Crypto Casino
December 10, 2016, 07:38:27 PM
#3
in my country 1kw= 0.03 usd)
legendary
Activity: 4158
Merit: 8049
'The right to privacy matters'
December 10, 2016, 07:37:36 PM
#2
I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD



why did you buy if your power is .13 usd?

it has been well documented that .08   is meh  and .06 is decent for earning money  you were not close at .13
newbie
Activity: 1
Merit: 0
December 10, 2016, 07:17:07 PM
#1
I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD
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