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1  Other / Beginners & Help / Can anyone help my calculate if mining in my area is profitable? on: June 20, 2011, 01:06:07 PM
Hi guys, i just found out about mining 2 weeks ago and have been reading up on it. So far, it has been very fascinating! I live in Singapore and my power comes at $0.25 sgd kWh (singapore dollar, so its about $0.20usd). Would it still be profitable if i build a 3x 5850 rig? Based on my calculations, i would pay around $3-$4 for electricity (based on around 600-700 watts consumption). I have wiki-ed and it seems that singapore's electricity price is one of the highest in the world but if the daily earnings can offset the cost then it should be fine. Can anyone help me confirm before i build a rig?
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