Bitcoin Forum

Bitcoin => Mining support => Topic started by: ijphlrnxewho on March 09, 2013, 10:47:32 PM



Title: How do I calculate how much electricity it will cost in a month?
Post by: ijphlrnxewho on March 09, 2013, 10:47:32 PM
I'm just curious, how much are you paying a month in electricity when you mine bitcoin?

Also, what state in America are you located in?

Let's say if I buy 2 of these cards, 7970
How do I calculate how much it will cost me in electricity?

My electric rate from ComEd is $0.04 for kws


Title: Re: How do I calculate how much electricity it will cost in a month?
Post by: Marrs on March 09, 2013, 11:20:32 PM
Look up reviews for the card you're interested in that highlight power draw: http://www.tomshardware.com/reviews/radeon-hd-7970-ghz-edition-review-benchmark,3232-18.html

Then use a profitability calculator: http://www.bitcoinx.com/profit/





Title: Re: How do I calculate how much electricity it will cost in a month?
Post by: hardcore-fs on March 20, 2013, 04:35:40 AM
The ONLY reliable way.

1. get a power strip adaptor, plug ALL the hardware you use to mine bitcoins  (computer/modem etc), plug this into a unit to measure the consumed power (about $7USD), take the room temperature, run for 24 hours.(take room temp), take note of current difficulty....

Divide it out and plot a graph.


Repeat any number of times.......

Just taking a single reading is bollox(unless you want it really rougth), the computer & mining hardware/software power consumption have a correlation to difficulty & room temp as well as hardware used.