Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: hack4love on March 08, 2016, 11:56:22 PM



Title: help to calculate how much i pay for electricity
Post by: hack4love on March 08, 2016, 11:56:22 PM
if i got  4 ANTMINER S7

and work 7/24

and this the price in egypt


how much do i will pay per month

http://s13.postimg.org/40mw9wohz/New_Bitmap_Image_4.png

price in eg pound

so help to calculate  in egypt price not usd


Title: Re: help to calculate how much i pay for electricity
Post by: hack4love on March 09, 2016, 12:10:28 AM
1 pound = 100 piasters


Title: Re: help to calculate how much i pay for electricity
Post by: VirosaGITS on March 09, 2016, 12:14:23 AM
Look 1.4kW * 4 = 5.6kW *24 (hours) * 30 (days) = 4032 kWh per 30 days. At 0.06$/kWh thats like 250$ per month or so.

4032kWh * 84 Piasters would be 338 688 Piasters per month/100 right? 3387 Pound per month or 541USD per month. Thats what the graph says anyways, thats close to 0.13$/kWh which is flat out horrible.


Title: Re: help to calculate how much i pay for electricity
Post by: notlist3d on March 09, 2016, 01:21:19 AM
Best is to actually use a real bill.  You can see taxes and such sometimes it's higher then the tier after fee's are added.   So keep the tier system in mind, but I would use a actual bill.

My system is not tiered so it's easier.  You have some extra math to do.


Title: Re: help to calculate how much i pay for electricity
Post by: hack4love on March 09, 2016, 03:24:53 AM
Look 1.4kW * 4 = 5.6kW *24 (hours) * 30 (days) = 4032 kWh per 30 days. At 0.06$/kWh thats like 250$ per month or so.

4032kWh * 84 Piasters would be 338 688 Piasters per month/100 right? 3387 Pound per month or 541USD per month. Thats what the graph says anyways, thats close to 0.13$/kWh which is flat out horrible.

look here 

http://www.eehc.gov.eg/eehcportal/Eng/Bills/IcCalcHowHome.aspx



its slices


i think it will cost

2500 pound

= 312 $

/ 4032

=
0.07

what do you think


Title: Re: help to calculate how much i pay for electricity
Post by: VirosaGITS on March 09, 2016, 03:33:20 AM
Look 1.4kW * 4 = 5.6kW *24 (hours) * 30 (days) = 4032 kWh per 30 days. At 0.06$/kWh thats like 250$ per month or so.

4032kWh * 84 Piasters would be 338 688 Piasters per month/100 right? 3387 Pound per month or 541USD per month. Thats what the graph says anyways, thats close to 0.13$/kWh which is flat out horrible.

look here 

http://www.eehc.gov.eg/eehcportal/Eng/Bills/IcCalcHowHome.aspx



its slices


i think it will cost

2500 pound

= 312 $

/ 4032

=
0.07

what do you think

What? For 2k kWh it says 84 Piaster as well. 4032 * 0.84 = 3386 EGP. Pretty straitforward math. After that you will probably have to add service fee and taxes. So its even more.


Title: Re: help to calculate how much i pay for electricity
Post by: hack4love on March 09, 2016, 03:44:17 AM
Look 1.4kW * 4 = 5.6kW *24 (hours) * 30 (days) = 4032 kWh per 30 days. At 0.06$/kWh thats like 250$ per month or so.

4032kWh * 84 Piasters would be 338 688 Piasters per month/100 right? 3387 Pound per month or 541USD per month. Thats what the graph says anyways, thats close to 0.13$/kWh which is flat out horrible.

look here 

http://www.eehc.gov.eg/eehcportal/Eng/Bills/IcCalcHowHome.aspx



its slices


i think it will cost

2500 pound

= 312 $

/ 4032

=
0.07

what do you think

What? For 2k kWh it says 84 Piaster as well. 4032 * 0.84 = 3386 EGP. Pretty straitforward math. After that you will probably have to add service fee and taxes. So its even more.


yah i think you right

the first 1000  kw will be slice

and after that will be 0.84


Title: Re: help to calculate how much i pay for electricity
Post by: talks_cheep on March 11, 2016, 03:07:28 AM
That's horrible. But, thank you for your supporting bitcoin network with your S7's.  ;D


Title: Re: help to calculate how much i pay for electricity
Post by: Amph on March 11, 2016, 07:09:53 AM
with that rate you're not making any profit, it's better to leave mining where it is and investing in bitcoin directly, it will reward you soon


Title: Re: help to calculate how much i pay for electricity
Post by: notlist3d on March 11, 2016, 06:18:04 PM
with that rate you're not making any profit, it's better to leave mining where it is and investing in bitcoin directly, it will reward you soon

I'm a miner at heart and always will be.  But I have to admit I did do a little buying of coins.  When I sold my last gen gear I saw either I could buy current gen... or wait.  And waiting is had hard for me as it's no fun having lower hashrate.

But I ended up buying coins and holding.  I plan on buying next gen miners with it.  I'm hoping I will see value go up a bit and I can make some off of that... then buy back in.  But hard to say how lucky I will really be.


Title: Re: help to calculate how much i pay for electricity
Post by: bitcoinhopper on March 12, 2016, 08:25:12 PM
with that rate you're not making any profit, it's better to leave mining where it is and investing in bitcoin directly, it will reward you soon

Yeah home mining is dead. The only way is to get your miners placed in a datacentre. Which is quite expensive. Also remember that
you need to buy a PSU too, which makes it hard to get ROI.


Title: Re: help to calculate how much i pay for electricity
Post by: notlist3d on March 13, 2016, 05:13:37 AM
with that rate you're not making any profit, it's better to leave mining where it is and investing in bitcoin directly, it will reward you soon

Yeah home mining is dead. The only way is to get your miners placed in a datacentre. Which is quite expensive. Also remember that
you need to buy a PSU too, which makes it hard to get ROI.

PSU should not be the deal breaker though.  Most if you buy decent hold price surprisingly well.   And you can always sell or ROI and use again for multiple generations.  Personally I like to keep and use over and over.

Home mining... you need free/cheap electricity.  No it's not dead but its harder and harder.