Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
elasticband
on 24/10/2014, 12:29:08 UTC
That's my thoughts too, but that makes it $49/month for a TH which I find too cheap. for a 0.7W/GH that would mean 700W for a TH and a power cost of just 0.03$/kWh. It's either that cheap or something is fishy here. And if AM can get so cheap power why didn't they self mined faster or stronger? That power cost is a miner's wet dream.

Can you clarify how you get to $0.03/kWh?
I get the following:
For 0.7 kWh for a TH and 0.1$/kWh, we get (about) 0.7*24*30*0.1 = $50.4 per month in electricty costs.
So these maintenance fees indicate that AM gets electricity for less than $0.1/kWh. It does not indicate they get electricity for less than $0.03/kWh.
That's much more reasonable (and not even particularly cheap if they indeed pay $0.1/kWh, but I would assume they pay somewhat less).

Ok I am bad at math.

@roadstress I see you posting but choosing not to acknowledge the post I made in reply to your comment yesterday.

I am not working at SP-Tech to be able to reply to you and I am not trying to sell anything. Can we focus on my posts, not on my signature?


I never said you were selling anything or working for SP. You made a comment regarding AM's chip efficiency, I made a comparison against the HW being sold by the vendor in you affiliate link (where i presume if you collect enough orders you get something, but that's none of my business), but you say you cannot comment...... okay  Roll Eyes