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Is there anyone on here from the UK who could confirm if you make a profit with wafflepool? (and you pay for your electricity). Im only small time mining at about 5mhs using 5 r9 290x's for the past 4 weeks and the most I have made in a week of 24/7 mining is £17 profit with my electricity costs at £0.13 pkw/h. Id like to continue but this is not worth heating my shed and degrading my cards for that kind of return. Thank you
I'm in London, UK. My electricity costs me £0.1155 per kWh plus a £0.35 daily charge. I mine at about 2.5 mh/s and estimate my electricity costs about £3 every day. I probably make about £4 a day (even less the last few days since BTC dropped in value). So there's your answer. £1 per day in profit. Hardly worth it, but I'm doing this hoping that BTC (and other alt-coins) will go up in the future, not for immediate gains. A massive risk of course, but hey, we'll see.
EDIT: forgot to mention heating. My rig's actually been heating my flat since early January when I began this whole thing. I actually switched my heating off soon after, so there's a small saving there too.
Thanks, I may switch it off and monitor bc value etc and see it picks up. Thats a nice bonus regarding savings on your heating but we know that the heat comes with noise and my missus would not allow that lol
