The place is ready for an bitcoin mine its running under aircondition, its an old warehouse i got permision to use . Used to be an factory so power is not an issue. Now my qustion is like stated is it proffitable to runn s7 as thats the gear i have. For start i have 8 of them, price is at 0.05 cents on Kwh. Planning to upgrade to s9 but like the market and the cut of bitcoin to 12,5 i think s9 price will be lower then now . But then again the money s7 make will go on the new s9 . I would like to disclose where this location is but due to securty issues i dont feel safe telling where i am planning to set this up. hope you guys understand this. If i go aheed and do this il keep you guys updated whit pictuers and once securty is up i will tell where this new bitcoin mine will be .
Abit backgroun about me i started to mine BTC whit block erupter cube 1 year ago and fell in love whit it now i am trying to take this hobby to the nexst level. :=)
It seems to some extent that you've already made your choice. If you already own the 8 miners you mention, then you really only have two choices: Mine with them, or sell them. With a running cost of $.07/hour/miner, you will make an operating profit, even after the halving in the first half of July. They will depreciate as time goes on, and hence won't likely have the same resale value that they do today.You have to decide how much you think difficulty will rise, or fall, and the price of BTC in the future. $.05/KWh is a good start electricity wise, but it doesn't guarantee a long term profit.
What are you doing now with the S7's that you own?