Hi All,

Just wondering what hashrates people have, how much power you use and how much do you end up paying for running costs. Eg: mining rig, aircon, fans, Internet,  etc.

Unfortunately this is an area some people don't look into or take into consideration when mining at the beginning. When the bill comes in after 3 months, they get slapped with bill shock.

Australia isn't cheap for electricity either. I pay roughly 35c per kw. It isn't the coldest country either. So fans and aircon are a must as well, which add to running costs.

Please share your running costs calculations, hashrate and wattage used. It would be very interesting to see which countries and areas are the cheapest to run mining rigs.

I would imagine somewhere really cold would be awesome as the rigs would act as heaters.

Thanks in advanced!
Chris

Use this calculator to see if it's worth it.

http://mining.thegenesisblock.com

Also take into account how long it'll take to get to you and setting it up to mine.

I dumped $7k into building my rigs. I would've made more if I just bought $7k worth of coins. Plus my electricity bills are $3k per quarter. So yeah, I'd buy coins instead.

Hope that helps. =)

Very profitable at the moment,  hence people mining the doge crap out of it. Hehe.

Still a funny coin though. =)

+1 to these calculators.

I've had people ask me if it's worth it for them to get into and I always point them to such websites.

The genesis block calculator is also a good one.

Unfortunately with bubbles,  the ROI can be as quick as 3 weeks when LTC was $50+. Now it's nowhere near that.

Despite being a little hurdle to jump over, I think it's a good idea. It's more of a deterrent than anything else really. I've been on here for months reading, but never posting. I wish I knew about this earlier though.  Oh wells. Hehe. =)