Post
Topic
Board Hardware
Re: [Antminer S1 Sales open] Price changes daily, now 0.422 BTC for 180GH/s
by
jewgalo
on 26/05/2014, 13:44:06 UTC
BTC value has increased about 20% the last week, why did the price not drop by that percentage in btc?

I calculated over and over again, with kwh @ 0.27€ and diff increase 15%, the S1 will never ever make the btc back you invested if I have to pay monthly the electricity from mined btc.

What did I wrong? Why should someone buy S1, at least in germany it's just stupid?

your power cost is almost 3x what i pay in Ontario, Canada ($0.15/kwh CAD). thats the most significant reason your calculatiuons show no profit

i live in ontario too... based on those figures if i run 8 ants with 650W PSU's am i to assume that my power bill will be $600 / mth?