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, 17:33:56 UTC
I guess that it is nice to have fixed hosting fees, no matter if you are running a 11.85th or a 14th machine Wink
My somewhat older models got about $30-40 less in btc than electricity cost.
This is, of course, just a beginning and I don't care about a small loss.
At some point, though, it might become easier to just buy btc, which would be detrimental to the network since work will be concentrating even more in lower cost areas like China.

Actually it's fixed per kW of measured power use so it's fixed to me unless they raise or lower the hosting fees and it's only gone down a couple of times in the past 4 years.  Each machine pulls a different amount of power but I just look at the total cost per year and divide by 365 to get my total daily cost.

You are right about switching to buying BTC in general but I always try to buy some on the big dips anyway.  That has worked out well for the most part. Grin

EDIT:  I guess we all will be in that boat where our profits will eventually turn negative and we have to decide how long to operate that way...unless the price of BTC jumps back up Smiley