Post
Topic
Board Service Discussion
Re: Self Hosting vs Colocation
by
ricknamer
on 21/02/2018, 16:06:48 UTC
ALSO...is it true people are only making $11 / day off an S9? Why do I see posts of people making $20+?

Because difficulty...

At todays diff with $0.10 elec and 2% pool fees, net profit is estimated somewhere south of $10 a day according to coinwarz.

There was a time when they made $20 a day when difficulty was lower.  If you are getting older info it may have been accurate at the time but not now.

You do understand there is a really strong likely hood diff will continue to increase for quite some time to come right?  You don't seem to grasp the relationship between diff and revenue generated.

I grasp that relationship. What I am saying is that I was noticing people, as recently as a week or two ago, posting on here saying they are making $20+ a day on their S9s (and even showing their slushpool accounts for verification). I'll try to find the link

Keep in mind luck.

On Slush a single Antminer S9 would have generated 0.00191022 BTC on 02/19, 0.001126926 on 02/18 and .00059394 on 02/17  So luck will count for a lot of variance.

That being said - it isn't right to quote mining profits like that in USD.  You should be quoting them in BTC.  If BTC goes back to $17,000 or $1.70 tomorrow(yes - obvious exaggeration) - USD comparisons won't make any sense.