The algorithm is efficient and does not require as much energy, so your energy costs are not as high as on other coins. I am very pleased to have joined this project.
The difference in energy costs between coins is negligible.
And the energy cost does not determine the profitability of a coin
I don't think so. Electricity bills are one of main consideration of miners, besides total hashrates of network and difficulty. All three components decide real profits for miners at specific point of time.
For example, a rig earn $ 12 minimum / day,
The cost it pays for energy is $ 1.2, which is about 10%
The energy difference between coins is about 10 -15% of $ 1.2 (i.e. $ 0.15)
So $ 0.15 difference is very small compared to your daily income of $ 12
Here we are talking about the energy difference between coins, not bills for electricityFor example, a 4*rigs earn $ 80 minimum / day,
The cost it pays for energy is $ 7.66, which is about 10%
The energy difference between coins is about 15% of $ 7.66 (i.e. $ 1.15) 1.15*365= 419.75 a year
40 rigs = 4200$ a year
1.15$ difference is 1.44% of your daily income
Do you know too many banks that will give you such an interest ?
Not many in my country
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So, guys, if you lie, that makes no credit to your project...
@Joe_08 | Menager
