Quote from: OgNasty on July 05, 2024, 11:55:19 PM

Quote from: gr3n4d3 on June 28, 2024, 04:41:18 AM

Quote from: OgNasty on June 27, 2024, 06:26:41 PM

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.

Quote from: OgNasty on June 27, 2024, 06:26:41 PM

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.

they are low cost low effort dca and hodl miners.

If you point it to nicehash or viabtc you won’t get a payout until you get to 0.001 btc.

that is about 400 days.
when you get the payout it comes as a single tx which means you get free consolidation.

if you point to nice hash you can be no kyc.

if you make a clean address no-one knows who owns it.

your cost for all that is 130 for the unit and 400 days power which at medium is 1000 kwatts that is about 130 usd. for me

so 260 usd to get 0.001 anyonmous no kyc btc in 400 days

I like to think that is far more likely to be okay 👌 due to btc going up then me hitting a block in those 400 days.