My power as residential is 9.6701 cents per kilowatt hour. I was lured by the easy money of about 6 months ago and began learning about crypto and figuring out what I could mine with. At first it was cpu mining. The I found a hd5450 I had laying around could mine. A friend had a bushel of them he gave me and pretty soon I had mined enough to spring for a 7970. A little while later, a 5850, then another 5850 along with a 7950 joined the fray. I had golden dreams making about $20/day on alt coins with 2gh/s. Now, at $6-7 bucks a day I'm on the verge of unplugging the rig, selling the cards and picking up an antminer s1, 180 GH/s at 300 watts. At current rates that's $14/day at 1/3 the power cost. I don't see a happy end to this alt coin story.
Is this guy for real? You seriously compared BTC farming where you are
guaranteed to earn 20%+/- less every 10 days? And if the difficultly increase is gonna average out to 25% (which is more than plausible) you'll never see ROI.
I like it how you causally type that you'll make 14$ a day as if it's a constant.
If you wanna unplug your rig and sell it, than by all means, but from there to buying an antminer as if it's something profitable and
so much better... lol.