Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: ictg on February 24, 2014, 06:44:44 PM



Title: Is Solo Mining worth investing in if power cost are at .04
Post by: ictg on February 24, 2014, 06:44:44 PM
If power cost are at .04 and the mining rig is operating at 1-2 petahash it seems profitable even at the lower BTC value.


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: Bobsurplus on February 24, 2014, 06:45:44 PM
If power cost are at .04 and the mining rig is operating at 1-2 petahash it seems profitable even at the lower BTC value.


LOL, 1-2 petahash?

you sure about that newbeeeeee?


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: DubFX on February 24, 2014, 07:11:37 PM
How many nulls does petahash have? :o


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: ChuckBuck on February 24, 2014, 07:13:07 PM
Wow 1-2 petahash!  That's a quite impressive.   :o

Care to share pictures of that monster mining rig?  I'm sure you could operate your own mining pool with that amount of power.


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: ictg on February 25, 2014, 12:17:24 AM
Wow 1-2 petahash!  That's a quite impressive.   :o

Care to share pictures of that monster mining rig?  I'm sure you could operate your own mining pool with that amount of power.

Don't have pictures as I am putting all of the pieces together and talking with investors, ect.


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: beegatewood on February 25, 2014, 02:03:07 AM
Wow nice, power cost are quite cheap...


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: h3rlihy on February 25, 2014, 02:05:07 AM
Would certainly like to see a petahash mining rig!


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: BeataTX91 on February 25, 2014, 08:59:27 AM
That's sounds unbelievable! I am also curios how this "monster" looks like  :)


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: Zickafa on March 03, 2014, 07:26:21 PM
I'd like to see how THIS looks like! That's sounds incredibly!


Title: Re: Is Solo Mining worth investing in if power cost are at .04
Post by: jimmothy on March 03, 2014, 09:35:04 PM
If power cost are at .04 and the mining rig is operating at 1-2 petahash it seems profitable even at the lower BTC value.

If you have an immersion cooled datacenter with next gen chips (0.2w/gh) then maybe.

Current gen hardware will not be profitable and a datacenter with 1ph would require massive amounts of electricity.

Also please buy a cheap miner to start off with. Not sure what is up with the amount of noobs who want to dump loads of cash on something they barely understand.

Just to be clear, don't invest. You will lose. And calling it an investment is even a bit of a stretch. Gambling is more accurate.