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.
You have forgotten several things in your calc:
1- Cooling.
2- Rent.
3- Shipping.
4- Customs duty.
5- VAT.
6- Overhead.
The breakeven point takes far more than a year considering these factors alone. Remember Bitmain only offers a 6 month warranty.
Dont get me wrong, if you have extra investment capital and willing to risk it, the payout will be better than most investment tools within a two year time frame. BUT . . .
Buying BTC on the next dip is a hundred times better than going into a mining venture.