the fact they make like $0.15 per day
last time i hired an engineer from that part of the world, it cost $75k annual. cheaper than other places, but the 15 cent myth is something i've not been able to replicate.
I could bust out the watt meter and see what power consumption it's using if nobody has numbers for that yet.
that would be interesting.
I was talking about the miner.
At current pricing the Avalon Nano 3 makes about $0.17 per day at high speed and $0.14 per day at medium speed.
At high speed it is showing electricity usage of 136 watts and a speed of 4TH/s.
At medium speed it is showing electricity usage of 94 watts and a speed of 3.2TH/s.
This seems to point to a 34 watts per TH at high speed and roughly 30 watts per TH at medium speed. Not a huge difference in reality when we're talking about pennies, but >10% more efficient is something when you also consider electricity cost. For example, using a $0.06 per KW cost, the miner loses $0.025 per day at high speed while making $0.005 per day at medium speed.
I will say that it is also quieter at medium speed, which may not matter at all given how quiet it already is, but it's noticeable.
After seeing these results I will probably leave it at medium speed until winter when the heat will be welcomed. Realistically, I think these devices are probably best considered lottery devices with solo mining while acting as space heaters.