Quote from: timk225 on October 08, 2013, 03:28:32 PM

That's a shit story, man. It sounds like the power costs are the only reason you aren't mining LTC? I'd suggest mining LTC and holding it to see if the price rises.

I just got my power bill for last month. $193 for 2228 KiloWatt Hours! That's not just the miners though, thats my main PC, my testing pc, the air conditioners, oven, fans, etc. My power bill says 6.2 cents per KW, and that bill includes the cost of the taxes and fees in addition to the power itself.

Have you looked into the idea of sneaking a power cord to the neighbors' house and plugging it in somewhere? Or something like that? Shocked

You situation could be worse, though. You could be one of these 'tards who bought lots of USB Erupters! I've been telling people for months to not buy ASICs and no one listens. ASICs are a dead end, the BTC surge is over. LiteCoin is the next big thing. LTC is now where BTC was a year and a half ago.

At least with GPUs, you have a solid asset that can be used or sold for a good price once you get tired of mining or when mining becomes unprofitable. ASICs can't do that! Grin

I'll quote you for posterity.

By the way, my electricity cost is 0.0651, so as I mentioned before, BEs will remain profitable for me for some time to come, sans noise and heat.