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Title: Mining Dash, ETH and Monero with AntMiner S7 seems to be unrealistic Post by: Cartman720 on May 07, 2017, 09:22:46 PM I am new to this sphere, so please don't judge strictly. I have started to learn about blockchain technologies, BTC and other crypocurrencies and right now interested in mining. I know that mining of BTC is not very profitable right now, but other currencies can be profitable. I looked at ETH, DASH and Monero and according to https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=4.86&HashingUnit=TH%2Fs&CostPerkWh=0.12&PowerConsumption=1210 (https://www.cryptocompare.com/mining/calculator/xmr?HashingPower=4.86&HashingUnit=TH%2Fs&CostPerkWh=0.12&PowerConsumption=1210) I can earn near 150K per day with AntMiner S7, which seems to be unrealistic. Please help me understand how this staff works, is it real or I have some misunderstood something? Thanks in advance! Title: Re: Mining Dash, ETH and Monero with AntMiner S7 seems to be unrealistic Post by: leowonderful on May 07, 2017, 10:34:04 PM That's because you can't mine anything but a SHA256 coin with the S7. At that rate you won't be making that much either way, depending on your electrical rate you might be making some very very small profit.
EDIT: you'll be making nothing at .12/KWH, try GPU mining if you want any profit at your electrical rate. |