Post
Topic
Board Mining speculation
Re: With the halving now official, how much hash power are you turning off?
by
helloeverybody
on 11/07/2016, 06:51:50 UTC
Last 6 x Antminer S7


Given the current difficulty and block reward, what price would electricity need to be to make these profitable to run? Never mind external costs like rent/rack space, A/C, etc?
S7 is still profitable for me.  But 80% of their earnings goes to electricity.

1THs = 0.001178345 BTC
200Ths = 0.235669 BTC  with PPS payment -2.5%  0.229777 BTC

I turned  off today  my last 6x S7 miners.  The only way is currently mining with S9,  if you must  pay for electricity.

But to get with 200THs S9 miners 0.23 BTC day,  I spend over 500 kWh in 24 hours, my profit from BTC mining with only S9 miners  is less than 100 euro in day.
I got more with TITAN-s.



If youve paid for your miners outright and your making a profit of just under 100 euros a day then isnt that pretty good? If i was making 700 euros a week and didnt even have to do anything to make it then id be pretty happy and certainly wouldnt be turning any miners off at that kind of profit. In fact id be buying more miners if my electricity supply could handle it.