It's pretty simple:
1) Go here and find out the price of a miner as well as its hashrate and consumption:
https://shop.bitmain.com/?coin=BTC%2FBCH%2FBSV
2) Current income is 4.8 cents per th/s
https://www.viabtc.com/tools/calculator
Do the math on your power cost and how much you would earn! What would be easier?
I pick Bitcoin Miner T21 with specifications:1) Go here and find out the price of a miner as well as its hashrate and consumption:
https://shop.bitmain.com/?coin=BTC%2FBCH%2FBSV
2) Current income is 4.8 cents per th/s
https://www.viabtc.com/tools/calculator
Do the math on your power cost and how much you would earn! What would be easier?
Quote
SPOT Bitcoin Miner T21
Function BTC/BCH/BSV SHA256 Air-cooling Miner
Specifications 190T 3610W 19.0J/T
Function BTC/BCH/BSV SHA256 Air-cooling Miner
Specifications 190T 3610W 19.0J/T
When I calculate the profit on viabtc, 190 TH/s generate 0.0001539 BTC or $8.78
Then I use electricity calculator, average of electricity cost in US is 16 cent per 1kWh. With power consumption 3160 watts (W) and 24 hours use per day.
I got electricity cost per day $13.8624
I didn't even include the maintenance cost, cooler, fan etc, but it means mining no longer profitable isn't?
No it means 16 cent mining is a loser at the moment.
At 8 cents power costs $6.94 thats a winner
Heck I did a stab with a hoster at ten cents for the next 12 months. cost will be 220x12= 2640 the t21 cost 3500 with mods.
so 6140 for first year. I am pointed at https://pool.laurentiapool.org/#/user/146UJM5kgzLVUV23CXCf33KQKHckoX1gx3
I will see how it does.