Post
Topic
Board Mining speculation
Re: Is a $0,032/kWh electricity good for mining ?
by
Cereberus
on 10/01/2017, 08:46:54 UTC
With that electricity I would go for the S9 miner. In China with the right knowledge (i.e aliexpress, verify everything thoroughly there) you can get the S9 Antminer less than 2000 USD and with that price for electricity you can make at this moment :

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=14000&p=2350&pc=0.032&pf=0.00&d=317688400354.03400000&r=12.50000000&er=913.53000000&hc=0.00

250 USD net profit monthly so you need about 6-8 months to break even. Then you will have profit. And with that electricity you can be profitable for a long time. In this case I would be a risk taker but can't as in my country energy is f*cking expensive 0.16 USD/kWh.