Quote from: colemab on June 21, 2014, 06:00:46 PM

With electricity being 11.5 cents a kWH, rising difficulty, and the recent drop in BTC to USD, by my math my 4 Cubes will not generate enough income to cover the cost of electricity in then next 9 days or so.

Shortly after that (2-4 weeks?), my BFL units will be in the same position. I expect that by the end of July / early August I will shut the entire mining operation down.

I post this because I was wondering if anyone else was starting to get in the same position with the 'older' ASIC (i.e. 110 nm, 65 nm, 55nm) units?

just shut it down, mining has become over saturated, and profits are none/minimal.
i would also sell all equipement asap, while it still worths something.

there were some nice and profitable days as a miner, but that is long gone now.