Quote from: metz on January 25, 2016, 10:07:14 AM

Hi All,

I am stuck trying to work out some costing, the power rating of an S7 is around 1300W but how much is that in kWh - is it 1300*24?
Energy in the UK is expensive and I highly doubt I would make a profit with this costs below:

Electricity -
Unit rate:
12p ($0.17) per kWh

Standing charge:
26p ($0.37) per day

VAT:
20%

Miner -
S7 power consumption:
1300W

Hardware Cost:
£700 ($1000)

If someone could help clear up my query about the kWh, that would be great

Thanks

You have zero chance of making money at those rates, and vat ontop. Just to darn high which I know stinks.

Your only chance is being able to use a data center. Look out there and there are some good ones that will be 10 cents or less... so quite a bit of savings vs you doing it yourself in this case. And also you can pick one without vat... again saving money. So I think a good hosting center is your only chance if you want to own gear.