Post
Topic
Board Mining (Altcoins)
Re: Before you get HEAVILY invested in ETH Mining you should read this
by
Castreat
on 20/05/2016, 18:04:45 UTC

MY summer power is 17 fucking cents a kwatt!  but  even at 17 cents my rigs earn money.

lets say 50 kwatts a day for 200mh    that is 85 cents x 30 = 255 usd for power!

but right now 200 mh is earning close to 780 a  month     so I net over 500 usd a month.

So if the difficulty doubles and the price drops 40%, you will make a loss. The farms must have cheap electricity.