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
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.
As always appreciate you bringing some numbers to the table Phil. Agreed as expected those with cheap power will be the only survivors but really across the board no one is making very impressive returns in this market. Yet somehow.. difficulty continues to climb.. whos plugging even more machines in? Lol