Amazing. Your son is helping out you in the building and might master in the future. Does he started liking it already :-)
With your 200+ MH/s of hash rate I believe that you will recover the cost of build of within 6-7 months if you keep your hash directed towards the ETH pool continuously.
I have rig too but it is small with 146 MH/s of hash rates. I started it few months ago so I was lucky to earn some extra bucks due to spiked prices. Im still holding those ETHER in the hope that it will rise more. :-)
Its really fun to have mining rig. Just love it.
Thanks
Yes, getting my son to help is important, he thinks all the GPU's look really cool. Yes, I'm very bullish on ETH long term, I love the project and their direction.
Judging by your ship arrival dates I assume you escaped the monstrosity of prices
Well, about half my ASIC equipment was at the $1,200 USD prices, the other half was purchased for more.
i've dream for a long time, for my own small farm build , now's im following your step with 2 gpu mining rig for hush and an antminer d3 for influx
Always good to start small and build. GPU mining takes A LOT more time and effort to get setup. I like that they are flexible and can mine different algorithms, but it's so nice with ASICS when all you have to do is just plug them in and change your pool settings..
Nice one! By the way, wondering if you still got a good profit with your btc mining once electricity bill is deducted.
Also, with your kid helping you, means, he might be a crypto expert someday and earning a lot before he even got his bachelor's degree.
@ $0.10 / KwH, the S9's draw about $100 USD per month in power. Even with the recent stagnant BTC price, and rising difficulty, it will be a while until profitability and cost are equal. Part of the reason I'm doing my build out in a shipping container is that in a reasonable amount of time, I can relocate to where cheaper power is. At this point in time, the cost and hassle of moving it doesn't really make sense. In the future if profits get too thin, I might be forced to.
Cool ! Nice rig mate ! Just Curios on your electricity bill. How much it cost you to pay for electric bill in a month sir?
In our country here (Philippines) mining really costs a lot when it comes on electric bills.
Well, my bill keeps growing each month I add new equipment, so it hasn't been stable. In my mind, I think of my electricity costs as a way to pay my energy company with my credit card and earn airmiles, while investing in crypto at 0% fees. I can't move fiat into crypto more efficiently than via my energy bill.
So it rooly looks nice, good joob. Can you tell us, how much you invested and what are the expected daily returns? I guess you startet some calculations before you started this project.
Would be interesting to know
Within the next month I will have a total of 10 x S9's, 1 x L3+, and 2 or 3 x 8 GPU rigs. Total investment into hardware and infrastructure is around $50,000 USD, and I'm estimating daily profits around $500 USD at current difficulty and prices.