Author

Topic: Your Zcash mining cost? (Read 1732 times)

newbie
Activity: 47
Merit: 0
November 28, 2016, 01:10:35 PM
#20
I have 2 6x280X rigs. They paid for themselves mining Ethereum back in the Spring (I was a little late to that party but still made decent money) and am now mining ZCash with $0 hardware costs and $0 electricity costs because I run my rigs at work Smiley

Can you run the 2 6x280X rigs without being noticed by your colleague? If so, you can run the 390 rigs. You can earn more.
newbie
Activity: 47
Merit: 0
November 22, 2016, 03:38:00 AM
#19
I think my mining is complete free
rigs are paid back themselves years ago and every W they generate will be part of winter heating Cheesy

Yes, with Winter coming the effective rate for power is even cheaper if you can use mining heat to offset your normal heating bill. Unfortunately, I usually have a surplus of heat, even in the Winter, so electricity is still a "cost" for me. I need to figure out a way to harness all this heat for other useful purposes, like heating my water.

For me, the heat from the miners are good in the winter. Otherwise, I have burn the gas to heat my house.
legendary
Activity: 1078
Merit: 1011
November 08, 2016, 03:24:02 PM
#18
I think my mining is complete free
rigs are paid back themselves years ago and every W they generate will be part of winter heating Cheesy

Yes, with Winter coming the effective rate for power is even cheaper if you can use mining heat to offset your normal heating bill. Unfortunately, I usually have a surplus of heat, even in the Winter, so electricity is still a "cost" for me. I need to figure out a way to harness all this heat for other useful purposes, like heating my water.
sr. member
Activity: 329
Merit: 250
Bitcoin may be the TCP/IP of money.
November 08, 2016, 03:16:42 PM
#17
I think my mining is complete free
rigs are paid back themselves years ago and every W they generate will be part of winter heating Cheesy
legendary
Activity: 1078
Merit: 1011
November 08, 2016, 02:44:27 PM
#16
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

If you pay $0.2/kWh for your electricity, the ZCash mining is no long profitable. The Ethereum mining will also not profitable soon.

Depends on the card.
For a 280X which does 150W mining ZCASH the calculation is
$0.2/kWh x 0.15kW x 24h per day = $0.72 per day
ZCash earns you $1.73 with that card as we speak (hashrate = 47 Sol/s - https://www.cryptocompare.com/mining/calculator/zec)

The speed is 47 sol or 23 H/s. So if you put that value, the profit is just $0.22.


https://www.whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=23.0&br=3.4415&d=162474.405&p=150.0&fee=3.0&er=0.27032637&cost=0.2&hcost=0.0&btc=700.601&commit=Calculate

You would put 47 in as sols correlates to hashes with other algorithms. This has been explained all over many times, so while technically one iteration produces around 2 sols (1.88 on average) all calculations are based upon sols. The confusions stems from people wanting to equate iterations, rounds, or whatever you want to call them with hashes. WhatToMine simply uses the term hashes since all the rest of the coins are based off of that metric.

When using WhatToMine to base your calculations on, this is further confused by the overly optimistic predictions it offers, so the real profit prediction I found is closer to 75% of what the site displays. So since this number falls in-between your "halving" methodology and simply inputting sols, I can see where you might have been lead to believe this was correct.
legendary
Activity: 1078
Merit: 1011
November 08, 2016, 02:38:07 PM
#15
On one of my better rigs, I get around 300 sols or 50 per RX470 x 6. The entire rig (GPUs, mobo, CPU, etc) draws 580 watts from the wall when plugged in a 120V outlet and measured with a kill-a-watt meter. I normally run it at 240V and expect it gets slightly better efficiency there but do not have a precise meter for that measurement.

Anyway, using the 580 watt 120V reading, I am using 13.92 KWh each day and at $0.08 power it is costing me about about $1.11 a day. So my mining "cost" is about 300 sols for $1.11/day. According to the WhatToMine site I should earn about 0.06 ZEC/day with this rig and should clear close to $11.00 in profit after electricity costs are subtracted.

So even accounting for pool fees, miner fees, inefficiencies, lost shares, etc and only assuming I am getting about 75% of whattomine's figures show, I am still making close to $8.00/day profit after costs. For the record, the later figure is what pretty much matches up with my pool figures.

Most of my rigs were already bought and paid for by ETH mining (some even from the LTC/Doge days), so this is pretty much all profit for me. So if you are losing money even with today's depressed prices, you need to research more and tweak you cards more. You can under-volt like crazy with ZEC for some reason.
full member
Activity: 279
Merit: 104
November 08, 2016, 01:52:57 PM
#14
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

If you pay $0.2/kWh for your electricity, the ZCash mining is no long profitable. The Ethereum mining will also not profitable soon.

Depends on the card.
For a 280X which does 150W mining ZCASH the calculation is
$0.2/kWh x 0.15kW x 24h per day = $0.72 per day
ZCash earns you $1.73 with that card as we speak (hashrate = 47 Sol/s - https://www.cryptocompare.com/mining/calculator/zec)

The speed is 47 sol or 23 H/s. So if you put that value, the profit is just $0.22.


https://www.whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=23.0&br=3.4415&d=162474.405&p=150.0&fee=3.0&er=0.27032637&cost=0.2&hcost=0.0&btc=700.601&commit=Calculate


For a second I thought I was wrong.  That figure looked hopelessly low.
I then went here where you can select the gpu.

https://www.whattomine.com/coins?utf8=%E2%9C%93ð=true&factor%5Beth_hr%5D=16.0&factor%5Beth_p%5D=220.0&grof=true&factor%5Bgro_hr%5D=23.8&factor%5Bgro_p%5D=250.0&cha14f=true&factor%5Bcha14_hr%5D=4000.0&factor%5Bcha14_p%5D=170.0&cn=true&factor%5Bcn_hr%5D=490.0&factor%5Bcn_p%5D=220.0&eq=true&factor%5Beq_hr%5D=46.0&factor%5Beq_p%5D=150.0&lre=true&factor%5Blrev2_hr%5D=14050.0&factor%5Blrev2_p%5D=220.0&ns=true&factor%5Bns_hr%5D=490.0&factor%5Bns_p%5D=250.0&lbry=true&factor%5Blbry_hr%5D=60.0&factor%5Blbry_p%5D=200.0&bk2bf=true&factor%5Bbk2b_hr%5D=960.0&factor%5Bbk2b_p%5D=250.0&bk14=true&factor%5Bbk14_hr%5D=1450.0&factor%5Bbk14_p%5D=220.0&bkv=true&factor%5Bbkv_hr%5D=2600.0&factor%5Bbkv_p%5D=220.0&factor%5Bcost%5D=0.2&sort=Profitability24&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=bleutrade&factor%5Bexchanges%5D%5B%5D=btc_e&factor%5Bexchanges%5D%5B%5D=bter&factor%5Bexchanges%5D%5B%5D=c_cex&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=&commit=Calculate&adapt_q_280x=1&adapt_280x=true&adapt_q_380=0&adapt_q_750Ti=0&adapt_q_1070=0
sr. member
Activity: 1400
Merit: 273
November 08, 2016, 01:45:26 PM
#13
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

If you pay $0.2/kWh for your electricity, the ZCash mining is no long profitable. The Ethereum mining will also not profitable soon.

Depends on the card.
For a 280X which does 150W mining ZCASH the calculation is
$0.2/kWh x 0.15kW x 24h per day = $0.72 per day
ZCash earns you $1.73 with that card as we speak (hashrate = 47 Sol/s - https://www.cryptocompare.com/mining/calculator/zec)

The speed is 47 sol or 23 H/s. So if you put that value, the profit is just $0.22.


https://www.whattomine.com/coins/166-zec-equihash?utf8=%E2%9C%93&hr=23.0&br=3.4415&d=162474.405&p=150.0&fee=3.0&er=0.27032637&cost=0.2&hcost=0.0&btc=700.601&commit=Calculate
full member
Activity: 279
Merit: 104
November 08, 2016, 01:25:17 PM
#12
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

If you pay $0.2/kWh for your electricity, the ZCash mining is no long profitable. The Ethereum mining will also not profitable soon.

Depends on the card.
For a 280X which does 150W mining ZCASH the calculation is
$0.2/kWh x 0.15kW x 24h per day = $0.72 per day
ZCash earns you $1.73 with that card as we speak (hashrate = 47 Sol/s - https://www.cryptocompare.com/mining/calculator/zec)
newbie
Activity: 47
Merit: 0
November 08, 2016, 08:45:16 AM
#11
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

If you pay $0.2/kWh for your electricity, the ZCash mining is no long profitable. The Ethereum mining will also not profitable soon.
full member
Activity: 140
Merit: 100
November 08, 2016, 03:53:02 AM
#10
Costs are almost the same with any coin , electricity is the number 1 costs then calculate the ROI
sr. member
Activity: 379
Merit: 250
November 06, 2016, 02:52:37 PM
#9
anybody know exact price of mining?? personal mine cost or over nicehash or genes?

What do you mean by the price of the mining ? It only costs you the price of the electricity it consumes Huh.
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
November 06, 2016, 01:35:41 PM
#8
anybody know exact price of mining?? personal mine cost or over nicehash or genes?
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
November 04, 2016, 12:57:12 AM
#7
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

look like its is for someones..for all who have old eqipment that they got investment back long time ago Wink
The difficult are not like bitcoin, it's so easy and about the old equipment are enough for getting some profit for mining zcash. if you are talking about the mining cost of zcash and that's not like mining bitcoin and really undemanding. I using two 750ti for mine this coin and although i just got a little Hs/s but it's not like your think. although just give a little money for me.  Tongue

thx for replay...hope some other can tell what is his cost..
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 03, 2016, 06:49:11 PM
#6
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

look like its is for someones..for all who have old eqipment that they got investment back long time ago Wink
The difficult are not like bitcoin, it's so easy and about the old equipment are enough for getting some profit for mining zcash. if you are talking about the mining cost of zcash and that's not like mining bitcoin and really undemanding. I using two 750ti for mine this coin and although i just got a little Hs/s but it's not like your think. although just give a little money for me.  Tongue
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
November 03, 2016, 04:53:47 PM
#5
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.

look like its is for someones..for all who have old eqipment that they got investment back long time ago Wink
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
November 03, 2016, 04:53:03 PM
#4
My mining cost is the only electricity cost. I have already made return of investment of the miners.

and what is it if its not a secret?Wink
member
Activity: 92
Merit: 10
November 03, 2016, 04:44:17 PM
#3
I think that it is better to go to move from that type of eeaning site online mining because mining isnt profitable anymore and it will not be soon i think.
member
Activity: 128
Merit: 27
November 03, 2016, 04:38:45 PM
#2
My mining cost is the only electricity cost. I have already made return of investment of the miners.
sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
November 03, 2016, 04:35:15 PM
#1
guys...what is your zcash mining cost? lets see who is most lucky guy with best price of mining Wink
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