Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance.
wait a minute for a link. I used 2 cents a kwatt which is about $18.72
Thanks for replying, so that simulation says I'm recovering my investment maybe in two years? I'm sorry kinda new to this. I'm thinking about buying a new s7 and a power supply (maybe that's 600-700$ investment). To be honest the electricity bill is absolutely not a concern is practically for free.
Even if you're past that point, you should factor in how much you paid for it.
Is it really 2$ a month or 2cents/kWh?
philipma1957 used a 4% difficulty increment but I would put more.
Above I said how much I think I'm expending in equipment, also give detail about the electricity service (cheap AF). But I don't really understand what the simulation says but I think it's something like by 2018 I'll make 600$?
Will you still be profitable? What would your break even point be with the cost of your setup?
That are exactly my questions, thank you.