Hello Community,
I was thinking of buying 4x Innosilicon A11 Pro 8 GB for ETH Mining. I got access to industry electricity costs in Germany, so I get 0.16 EUR kWh. My initial investment including cables etc. would be around 20k EUR. The ASICs are available at the official site at https://innosilicon.us.com/product/innosilicon-a11-pro-8gb-ethereum-miner-2000-mh-s/. I will buy 3 and get 1 free.
According to the calculation of https://whattomine.com/coins/151-eth-ethash?hr=8000&p=10000&fee=1.0&cost=0.2&hcost=20000&span_br=1h&span_d=24&commit=Calculate I would break even in about 60 days.
What do you think? Is it still worth to invest in ASICs for ETH mining, especially in Germany? I would like to hear opinion from experienced miners preferably
Best regards
I was thinking of buying 4x Innosilicon A11 Pro 8 GB for ETH Mining. I got access to industry electricity costs in Germany, so I get 0.16 EUR kWh. My initial investment including cables etc. would be around 20k EUR. The ASICs are available at the official site at https://innosilicon.us.com/product/innosilicon-a11-pro-8gb-ethereum-miner-2000-mh-s/. I will buy 3 and get 1 free.
According to the calculation of https://whattomine.com/coins/151-eth-ethash?hr=8000&p=10000&fee=1.0&cost=0.2&hcost=20000&span_br=1h&span_d=24&commit=Calculate I would break even in about 60 days.
What do you think? Is it still worth to invest in ASICs for ETH mining, especially in Germany? I would like to hear opinion from experienced miners preferably
Best regards