Something I am not able to find, how many watts are said to be used for each PACMiC in determining how long it stays on for?
From my understanding they are the equiv of an s5. I believe that is what I read.
Right, but we are not getting the same hashrate as an S5, so I am wondering if it is based off of 590 watts of power (.51 watts per GH/S), or scaled down to the amount of hash we actually get, which at .51 watts per GH/s, would be 510 watts.
Why would it matter? There is no maintenance fee so electricity doesnt matter either. Its PPS based on ideal amounts.
It matters because it's used in the calculation for when the contract expires. It either expires when your balance hits zero or the maintenence fees are too high. So if you turn on reinvesting, you need to know all the factors otherwise it is impossible to predict when to turn off the reinvest and let it pay you back.
I am on my phone, I will respond to chunky more later and explain this a little better as well.
EDIT: It matters for a couple of reasons, and they don't necessarily pertain to the auto reinvest feature. If I were to buy a new contract, I would need to know if the contract is going to pay me back before it becomes not profitable to run (as my contract terminates in this instance). If I think, that it will continue to be profitable to run for another 200 days, and I believe I will get paid back in 120 days, then obviously it is a smart investment. If I believe it will become unprofitable to run before I get paid back, then it would not be a smart investment. To determine how long it remains profitable, a need to know the power consumption is vital. You can play with the numbers here...
https://bitcoinwisdom.com/bitcoin/calculatorPut in a 5% increase, electricity price of .098, no pool fee, hash rate at 1 TH/s, and the rest zero. Now put in a power in watts of 590 and 510. You see that the unit remains profitable to run for about 236 days with 590 watts and 277 with 510 watts. That is over 40 days difference, just for 80 watts of power. Now this becomes even more important with the auto invest feature as my contract basically doesn't start until I turn off the feature. So by finding the point where the days out it would take to pay me back and the days out until it is no longer profitable is the day I should switch off the auto invest. Obviously, 80 watts of power can make a big difference (almost a month and a half), so for accurate calculations the power used to figure out the profitability is actually very important.