Post
Topic
Board Mining speculation
Re: Question about mining and profitability?
by
iTzCorky
on 17/07/2014, 19:52:14 UTC
Well, you can do some calculation. The Antminer S1's power efficiency is given as:
Quote
Power efficiency:  2 W/GH/s on wall

We can determine that with 3TH, you'd be using 6kW. Let's /rIF2e8+]type this into CoinWars (this is a link to a URL shortener info page, so you can verify I'm not dumping you onto a malware site). We're using Coinbase exchange values. This brings in $44.56/day at the current difficulty.

Assuming diff. doesn't skyrocket, and the price doesn't drop, you're looking at eventual profitability according to BitcoinX

Thank Rarkenin. I have about another 20k im going to invest but I think I will do it with the s3's. My motto go big or go home XD.