Quote from: streenip on October 30, 2018, 05:54:40 PM

Quote from: Bitreo on October 30, 2018, 04:34:46 PM

Quote from: streenip on October 30, 2018, 01:49:12 PM

Saw few comments about the core temperature on the interface, my Z1+ runs in a range from 47-52 degrees Celsius. The temperature in Johannesburg has been around the 35 degree mark over the past few days. Is this okay or should I be concerned?

Hi

what it like there in JHB with power cuts and stuff, how you manage the downtime when no electricity ? also whats the going price for electricity now ?

just curious, didnt think there would be a lot of people willing to mine crypto in SA.

Regards
bitreo

The power grid has stabilized a bit so the power cuts are minimal, but still happens...when you least expect it to. Considering a solar solution to mitigate the power risk but that also comes a massive cost. The cost of electricity works on a step pricing scale. On average it starts from $0.12 p/kw and it increases with usage. This machine will cost around $140 pm. Mining is a bit expensive here. Just to give you an idea, the Z1+ sells for around $8800, due to all the taxes and the week Rand. Then add the power challenges, poor internet stability and trading fees. So you need to know what you are doing and the ROI takes 2 or 3 times longer than the many other countries.

Are you an ex-South African?

Also considering using a hosting service, in SA Not too many miners...evident through the lack of interest when mining machines go up for sale.