I am currently planning to mining BTC using Antminer S9 (14 Th/S, 1400 watt, price Rs. 2,25,000/- Electricity rate 0.1 USD/Kwh)
I browse net for some BTC calculator which consider difficulty increase rate as well as network hash rate increase rate.
Some of them saying that i will never get ROI or some of them showing that ROI will be after 5 years.
What is true?
Is it worth to mine with miner or just buying and hold it.
Note: i am not comparing price of the BTC. I am just comparing that at the current rate of 6000 USD/BTC and 65 INR/USD i will get 0.577 BTC, then how much time it will take to generate that much BTC with miner.
Thanks in advance for your help
I browse net for some BTC calculator which consider difficulty increase rate as well as network hash rate increase rate.
Some of them saying that i will never get ROI or some of them showing that ROI will be after 5 years.
What is true?
Is it worth to mine with miner or just buying and hold it.
Note: i am not comparing price of the BTC. I am just comparing that at the current rate of 6000 USD/BTC and 65 INR/USD i will get 0.577 BTC, then how much time it will take to generate that much BTC with miner.
Thanks in advance for your help
Depends on the kind of budget you got.
I am mining and trading . S9 (including cst etc ) cost approx 1.33L in JUL. and approx monthly income so far is 0.09 BTC but keeps decreasing every 2-3 weeks or so ( you will need to deduct elec as per state rates).
Now , Bitmain isnt shipping to IN due to the mess customs has made around miners.
your only option is to buy and HODL or trade until one day when Bitmain starts shipping or other HW miners jump in the race.
Halongmining is already in but not shipping until 2018MAR , plus they got a min purchase quota.
