Hey,
New to mining here.
Where do you recommend I start?
from s7 if you want any real edge for your profit, it's profitable up to 0.15-25 cent but the roi will kill you
but if you have something like 0.05 cent per hour, it can be worth it
Can you show math of .25 being profitable? With difficulty I think .15 is hard to ROI, but .25 seems pretty much impossible.
Including difficulty I just don't see how you are ROIing at such high electricity.
well i was assuming that diff does not change, which is unrealistic yes, maybe 0.25 is overstimating
but with 1.2kw x 0.20 x 24, you have $5.76 in consumption, daily, vs $10 in earning daily, i'm talking about the s7
I guess I never do ROI without some difficulty change. In a world without it yes the .2x would ROI. But I think in "real world" anything near the .2x ROI is just a dream.
Only chance is if they get lucky mine a few weeks and somehow are able to sell miner for what they paid. They will not be able to stay in the race hundreds of days.
i don't trust difficult change too much, i replyed to another member that was saying that the diff was increase much more than 3%, monthly supposedly, yet since january at least, the earning of the antminer s5 was 0.01 for the whole time until today which is still near 0.01(0.0097)
all this difficult change to me seems smoke and nothing else, people should remember that if the diff is increasing, it is because there is more efficiency, but if there is more efficiency there is more reward, the ratio will remain the same
How can you possibly not believe in difficulty change? It happens -
https://bitcoinwisdom.com/bitcoin/difficultyAs someone who mines with more then one S5 it does exist and effects earnings. And eventually makes miners unprofitable. If there was no difficulty change I could run an old miner forever, just does not happen and to good to be true.
