Solo mining was unprofitable since a long time now. Only the mining farms are making profit.
However, the mining farms need to move to green energy now. Like wind turbines or solar panels. The conventional electricity cost will make them unprofitable so they need to have some free energy to remain profitable.
Topic: Wil Bitcoin Mining be worth it after the halving to 12.5? - page 3. (Read 2557 times)
I was doing some calculations and found that after the halving to 12.5, mining will become unprofitable if running two Antminer S7's with a combined GH/s of 9460GH, with 2460 Watts total (2 AntminerS7's and 2 PSU's 1600)and electricity cost of on average $0.17 cents/kwh running for 30 days. Am I doing something wrong here in my calculations? Did I add up the watt total correctly (2 S7's + 2 PSU 1600= 2460watts?) Would I have to hope and pray that the value of BTC go over $1000 to even make any type of profit? thanks
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