Post
Topic
Board Pools
Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
by
clgrissom3
on 29/06/2018, 15:23:53 UTC
somewhat lower luck and btc price dynamics this month brought me into the minus territory.
what's the kano miners overall situation, if i may ask?
According to my minergain account with a single S9, based on the prices that the block was found, I made $114 which currently is worth $97 since I am HODL.  My power is .124 per kw, so just under $140 to power it for the month.  So yes, a bit of a loss.  The crazy part is that I just bought and installed 2 more S9's for way less then my first S9 since there are so many coupons going around from bm and they delivered it in a little over a week.  I have bought btc straight out and had more of a loss on that so far.  So it really is whether you believe in the long term opportunity of BTC and whether you can pay for your power and HODL.

I guess it depends on each person's situation...for me my total daily cost for all of my 20 machines is $61.04 (fixed fees) and based on today's spot price I have averaged $72.96 per day so far this month.  So I'm slight ahead for June and I was way ahead in May.

However I don't pay much attention to that...I fortunately hit my lifetime breakeven point in September 2017 (incorrectly referred to as ROI by most miners) and thanks to some timely BTC sells I made in November and December of last year, I am about $32K in the positive lifetime after the $48K I spent earlier this year to upgrade all of my older S7s/A721s and for a years worth of host fees for all of my machines.  It's the long term picture I pay attention to...