Post
Topic
Board Mining (Altcoins)
Re: New Miner Seeking Advice
by
Oonej
on 23/10/2017, 20:53:09 UTC
Thanks smoolae,

Power is just around $0.1015 / kwh.

What would you justify as 'cheap'?

Well, in Estonia the kW/h costs around 0.03-0.05eur, Your price isn't the cheapest but I think it also isn't too bad (I don't know the medium price you pay for electricity in your country).
https://imgur.com/a/HgzUh

For profit calculator (there are more, just my favorites Smiley):
https://www.cryptocompare.com/mining/calculator/eth?HashingPower=1050&HashingUnit=MH%2Fs&PowerConsumption=4500&CostPerkWh=0.04
https://whattomine.com/coins/151-eth-ethash

You can get "a result" from those calculators but don't hope for a long time accurate numbers from them. Grin

I saw the prices from those and I see I can still turn a profit from my current power consumption.

I was more concerned with what you meant by 'cheap' in regards to your comment:
Quote
I think that if You can get in cheap it's worth it, if not, then don't bother and buy/trade crypto for profits! Smiley

What is a good value to 'get in cheap' thats 'worth it' Smiley


Thanks!