You guys have incredible mining rigs... WOW really.........
You must earn a lot for beeing able to buy all those antminers....!!!
And i have a question:
Is it profitable to have all those antminers you have, considering power costs and that every time difficulty changes(and that happens i think every 2 weeks or so, right??), you earn less money??
For example, lets suppose i had i dont know, 10 S1 overclocked, that would be 10 x 200 = 2000 GH/s (2 TH/s).
Ok, according to that, i could earn:
but... in 6.7 days, i would just earn 1,121.96 $ vs 1,368.47$ right now / month.
So, as you have a lot of hash power, more than 2 TH/s... is it profitable for you, to pay power costs for all your hardware, considering every 2 weeks difficulty changes and you earn less bitcoins???
Because the guy that has 50TH/s right now can earn 34,211,78 $ / month but in 6.7 days he will earn 28,039,87 $ / month so.... if every difficulty change = -6.000$.... i dont know if thats profitable
You must earn a lot for beeing able to buy all those antminers....!!!
And i have a question:
Is it profitable to have all those antminers you have, considering power costs and that every time difficulty changes(and that happens i think every 2 weeks or so, right??), you earn less money??
For example, lets suppose i had i dont know, 10 S1 overclocked, that would be 10 x 200 = 2000 GH/s (2 TH/s).
Ok, according to that, i could earn:
but... in 6.7 days, i would just earn 1,121.96 $ vs 1,368.47$ right now / month.
So, as you have a lot of hash power, more than 2 TH/s... is it profitable for you, to pay power costs for all your hardware, considering every 2 weeks difficulty changes and you earn less bitcoins???
Because the guy that has 50TH/s right now can earn 34,211,78 $ / month but in 6.7 days he will earn 28,039,87 $ / month so.... if every difficulty change = -6.000$.... i dont know if thats profitable
Correct,I have sold all 5 of my S1's (1TH @ 2300 watts) & gone altcoin
@ .13 cents per kwh,my power ate up almost 70% of my earnings & that was when BTC was @ $450..............now with 18mh @ 500 watts...........
Making about .017 BTC per day (on a bad day) with altcoins of my choice (have about 8 I choose from).
BTC mining at home will be done by late this year due to the power cost.........UNLESS BTC hits $1000-1500 & stays there
Best of luck guys!!!!!!!!!!!!