Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
organofcorti
on 30/03/2014, 12:35:08 UTC

I don't understand - 4Thps for $10000 vs 3 Thps for $11000 ? How much do you think electricity costs will be?


Think about it, 3TH for $11,000 for 5 years = 3kw * 24hr * 365 days * 5 years * 10-cent kWh = $13,140 for electricity alone = -$2,140 (loss) for PBMining?  






Yes, loss. If difficulty continues to increase by 20% per retarget, then after 6 months it will earn about 5% of what it was earning. After a year, it will earn about 0.2% of what it did on it's first day.

So you have 5 years of not paying electricity. For 4 of those you wont be earning anything significant anyway.