Post
Topic
Board Mining (Altcoins)
Re: I Bought 150+ GPUs for Ethereum mining. Think I'm Insane?
by
Piskeante
on 17/07/2019, 10:06:16 UTC
some facts.

you can expect around 30,5mh/s x 6 gpus from every rig (that makes around 183mh/s). You can expect something around 135W for every card. so around 22kW of power considering all the gpus + components.

Your ETH hashing power should be around 4800mh/s. If your Electricity cost is around  0,10 you make 511$ right now (that's not even considering ROI, bill taxes, or government taxes over profit. 0,11cnt/kW you make 352$ right now. 0.12cnt/kW you make 194$. and at 0,13cnt/kW you make 36$.


Now, the average price in my country for every kW is around 0,15€/kW (we pay 26% taxes over electricity prices due to leftists "idea" with green energy). Which is around 0,17$ (including all taxes). Talking in numbers, a guy living in my country with your setup, will be losing almost 600$ per month at current prices.

I can add some information, that can help you to collect some more facts.
The average price in my country - less about  $0.06/kW.
In the first post TS shows Mh and power consumption - totally it 6454/21910. And $0.1 per kW.
Less profit - much miners turns rigs off - difficulty down - more profit.
More ETH at low cost and low difficulty - HODL - more profit.

Give some more facts please.

you seem to be like one of those poor guys outthere that would kill for 10$. Sorry, i don't want to deal with people like that. It makes no sense. Ohh, BTW, at 0,06$/kWh you live in a third world country, so i undestand your way of thinking. You make more mining than working, so 10$ for you can be way more money than working. It makes sense. For 10$ profit per month, i don't even take the cotton sheets from the equipment.


Oh, BTW, at lowest prices on ETH (80$ more or less), it never went down of 134.000Gh/s. Even if we have seen a drop in value of over 35% in last month, the hashrate went from about 145.000gh/s to actual 172.000gh/s. In last two days, with masive drops of nearly 25%, it increased from 162.000gh/s to 176.000gh/s even with bloodbath in the streets.

So people turned on their equipments even at heavy loses, which show how "intelligent" are miners nowadays.