Post
Topic
Board Mining
Merits 1 from 1 user
Re: Which mining is good to start?
by
ETFbitcoin
on 15/02/2023, 10:10:38 UTC
⭐ Merited by stompix (1)
--snip--
Do you think 0.18$ kWh will be good to say that I can break even for this things If ever I begin to mine Bitcoin?

     Honestly, this is what I consume here in my home according to per hour based on kWh. So I think, I supposed to
expect a high cost for the electricity for the first month I guess. But I will observe it for the first trial as of the moment.

$0.18/kWh is definitely bad electricity rate for mining. Even if you use Antminer S19 XP Hyd (255Th) which have best energy efficiency[1], your profit is very small[2] and you'll not reach break even before more efficient ASIC comes out.



[1] https://www.asicminervalue.com/efficiency/sha-256
[2] https://www.asicminervalue.com/miners/bitmain/antminer-s19-xp-hyd-255th