Quote from: philipma1957 on August 25, 2018, 09:40:52 AM

Quote from: philipma1957 on August 25, 2018, 03:21:59 AM

No BTC price boost means only cheap power mining makes profit.

Coins were 19990
Coins are 6750

an s-9 earns about $3.56 a day
power cost at 10 cents is about $ 3.41 a 15 cent profit.

power cost at 9 cents is about $ 3.07 a 49 cent profit
power cost at 8 cents is about $ 2.73 a 83 cent profit
power cost at 7 cents is about $ 2.39 a $1.17 profit
power cost at 6 cents is about $ 2.04 a $1.52 profit
power cost at 5 cents is about $ 1.70 a $1.86 profit
power cost at 4 cents is about $ 1.36 a $2.20 profit
power cost at 3 cents is about $ 1.02 a $2.54 profit/b]

note 4 cent power in big scale 100 mega blocks is pretty easy to get.

and each s-9 make about 2.20 so at 440 for a s-9 with a psu a 200 day payoff add 30 days for a 15 percent dead gear rate and

buying 80000 s9's sounds good

The solar array that buysolar owns is pretty much paid off. we estimate 1 cent a kwat to maintain it.

So we sound be good to go well the problem is the size of the array is 200000 watts which is 33.3 kwatts 23/7/365 at a penney

which is about 20 s9-s.

or 20 x 3.56 = 70 a day - 7 = 63 a day profit and it shrinks with more diff growth.

so even a 1 cent power setup struggles due to expansion and diff increase.

5 cent power = $1.89 profit
4 cent power = $2.20 profit
3 cent power + $2.54 profit

so anyone paying 480 for an s-9 + psu with 3 to 5 cent power does just fine.

since bitmain is selling a s-9 with a psu for 499 and giving a 55 dollar coupon they are charging 444 + shipping

asic mining is thriving if you have 4 or more megawatts at 4 cents

that is 280 s-9's which means you are earning $616 a day all your gear is paid off in 280 days and you have a cash profit of more then 30000 usd

Denial is going to cost someone a lot of money. Id quit trying to justify this fiasco. We all got suckered by the rich. Take the punch and move along. Ive said enough about this. I hope everyone does the math and realized that when bitmain releases overclocked miner with same old chip that new miners are just around the corner. Same ole bitmain. So Phils numbers will mean nothing as diff will shoot up crazy again diluting whatever you have. Its to the point where you have to have a million ASICS at 1cent per kw. Then its game over for decentralization. Game over. Yes I said game over. Understand? Stop being in denial. Yes we can make mistakes. And you can too. Its ok but its not the end of the world. Lol

BR