Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: josg21 on February 25, 2014, 02:50:21 AM



Title: Scrypt Mining Hosting
Post by: josg21 on February 25, 2014, 02:50:21 AM
Hi, I have a simple question.

If there was a scrypt mining hosting service that charged .35 a MH/s per hour ($8.40 MH/s per day).

Would you buy? Remember, this is all in (no electric, no maintenance, etc)


Title: Re: Scrypt Mining Hosting
Post by: cescan on February 25, 2014, 06:01:45 AM
I would buy if 1 btc cost $1200 now.


Title: Re: Scrypt Mining Hosting
Post by: josg21 on February 25, 2014, 06:06:23 AM
If you paid .14 kwh. And you paid (roughly) about a $1 a kh for you scrypt rig. A 2.5 mh scrypt rig with electricity total cost of ownership per day would be:

Owned for total of 1 Month   $86.69 per day
Owned for total of 2 Month   $43.35 per day
Owned for total of 3 Month   $28.90 per day
Owned for total of 4 Month   $21.67 per day
Owned for total of 5 Month   $17.34 per day
Owned for total of 6 Month   $14.45 per day

You can play with numbers, but you get the point. In almost any scenario, it would cost more then the amount I am asking about.