Author

Topic: profit with s7 batch 8 (Read 1385 times)

legendary
Activity: 3738
Merit: 1708
January 17, 2016, 09:48:59 PM
#12
I don't think the difficulty will ever go down, maybe it might stall for a period or two. But even with the low BTC price and halving, most equipment is low power these days at low cost power centres.

A home miner shutting down an S3, doesn't make the difficulty decrease.
legendary
Activity: 1456
Merit: 1000
January 17, 2016, 03:06:45 PM
#11
Also need to know if your dong profit in BTC or Dollars.  For example batch 1's costed a lot more in BTC.   Now come batch ... the price is much much lower on BTC.

So actually buying now vs start is huge bonus on profit.  But difficulty is a tough cookie right now.   So going to really depend also on what difficulty does, I hope it goes down but it's been kinda high.
difficulty might go down?
ha?

well unless you believe that miners would keep mining at loss under 100, of course the diff will be lower, but since any big farm out there have roughly the same electricity

i'm guessing who is going to leave the scene, surely not chinese....

I don't believe miners will be at same levels if it is mining at a loss.  I know myself I don't care to pay for my electricity bill and be losing money.   If I am losing ... then I would need to scale back.

I will always be mining with something.  But if it is at a loss most are not going to go big I don't think it's just not sustainable.   Also I think close to halving we will see some really low efficiency chips.  Probley a bit before having. So that is a factor aswell.
legendary
Activity: 3206
Merit: 1069
January 17, 2016, 03:54:51 AM
#10
Also need to know if your dong profit in BTC or Dollars.  For example batch 1's costed a lot more in BTC.   Now come batch ... the price is much much lower on BTC.

So actually buying now vs start is huge bonus on profit.  But difficulty is a tough cookie right now.   So going to really depend also on what difficulty does, I hope it goes down but it's been kinda high.
difficulty might go down?
ha?

well unless you believe that miners would keep mining at loss under 100, of course the diff will be lower, but since any big farm out there have roughly the same electricity

i'm guessing who is going to leave the scene, surely not chinese....
full member
Activity: 406
Merit: 101
January 16, 2016, 05:34:55 PM
#9
Also need to know if your dong profit in BTC or Dollars.  For example batch 1's costed a lot more in BTC.   Now come batch ... the price is much much lower on BTC.

So actually buying now vs start is huge bonus on profit.  But difficulty is a tough cookie right now.   So going to really depend also on what difficulty does, I hope it goes down but it's been kinda high.
difficulty might go down?
ha?

if btc prices keep going down next diff may go down for bitmain s3 miners non profitable.
member
Activity: 83
Merit: 10
January 16, 2016, 05:28:21 PM
#8
Also need to know if your dong profit in BTC or Dollars.  For example batch 1's costed a lot more in BTC.   Now come batch ... the price is much much lower on BTC.

So actually buying now vs start is huge bonus on profit.  But difficulty is a tough cookie right now.   So going to really depend also on what difficulty does, I hope it goes down but it's been kinda high.
difficulty might go down?
ha?
legendary
Activity: 1456
Merit: 1000
December 07, 2015, 08:24:40 PM
#7
Also need to know if your dong profit in BTC or Dollars.  For example batch 1's costed a lot more in BTC.   Now come batch ... the price is much much lower on BTC.

So actually buying now vs start is huge bonus on profit.  But difficulty is a tough cookie right now.   So going to really depend also on what difficulty does, I hope it goes down but it's been kinda high.
legendary
Activity: 3206
Merit: 1069
December 07, 2015, 04:07:01 AM
#6
Hi,
     which country electricity is ideal for bitcoin mining ?

regards

china, iceland, and washington, they can get as low as 0.03, better to take a look at a legit cloud at this point, you will not have a better roi than them
legendary
Activity: 2184
Merit: 1118
Lie down. Have a cookie
December 06, 2015, 03:24:06 PM
#5
Hi,
     which country electricity is ideal for bitcoin mining ?

regards
Mostly China. And areas that self-produce power. (Solar, wind, hydro, geothermal, etc.)
Places that have under 0.05USD per KWh are the ideal places to go.
newbie
Activity: 46
Merit: 0
December 06, 2015, 02:21:00 PM
#4
Hi,
     which country electricity is ideal for bitcoin mining ?

regards
legendary
Activity: 2114
Merit: 1005
ASIC Wannabe
December 06, 2015, 11:18:13 AM
#3

The electricity cost in my country is 0.094 USD per KWH

and after 300 unit consumed the cost rise to 0.142396 USD per KWH

from 24 hours 18 hours of electricity will be used from govt electricity supply and rest 6 hours will be used from 2000 watt UPS.

so let me know how much btc i will be able to generate per day and per month?

regards

this isnt very ideal. 9.4c/kwh is relatively high, and 14.2c/kwh likely wont result in positive return-on-investment.

using a UPS decreases efficiency, and isnt really useful for bitcoin mining. a 2000w UPS (assuming its 2kWh) would only last ~1.5hrs with an S7 attached
sr. member
Activity: 461
Merit: 250
December 06, 2015, 09:06:18 AM
#2
you can mine approx 0.03 per day. Number per month is not possible to calculate due to several diff changes.
You can use this calc and see for yourself https://alloscomp.com/bitcoin/calculator
newbie
Activity: 46
Merit: 0
December 06, 2015, 08:22:40 AM
#1
Hi,

    i am buying one ANTMINER S7 BATCH 8 , Speed:    4.73TH/S


The electricity cost in my country is 0.094 USD per KWH

and after 300 unit consumed the cost rise to 0.142396 USD per KWH

from 24 hours 18 hours of electricity will be used from govt electricity supply and rest 6 hours will be used from 2000 watt UPS.

so let me know how much btc i will be able to generate per day and per month?

regards
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