Nice videos. WHich is the cost of electricity in Georgia? And will the miners stay profitable even after the current crash of all cryptocurrencies, which is unfolding in these weeks and today especially?
5 cents per kW/h.
Assuming the growth in popularity of the crypto currencies and the previous trends where every year the price of BTC has at least doubled, its a fair assumption that mining returns might be even
higher that shown in the table above. Of course, there is also the possibility that the price of cryptocurrencies might also fall. The beauty of the investment in mining project is the possibility to be profitable even in an unlikely scenario when BTC Price drops to 3,000 USD. The Ambit mining operation will remain profitable and yield a 18% return on investment even at that rate.
I didn't think it would be possible to remain profitable at 3,000 USD BTC price, but then, I am relying on old data of the time where I have been mining with close to no profit - but BTC was much cheaper then.