Bitcoin Forum
September 23, 2018, 03:40:55 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Is it possible to estimate the kwh / hash ratio?  (Read 1221 times)
monsterer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile
August 12, 2015, 12:35:06 PM
 #1

Electricity cost per hash (at the current difficulty) would be an interesting metric to estimate - obviously this varies depending on the efficiency of the mining farm, but is there a rough way to get an estimate, or a range bound?
1537674055
Hero Member
*
Offline Offline

Posts: 1537674055

View Profile Personal Message (Offline)

Ignore
1537674055
Reply with quote  #2

1537674055
Report to moderator
1537674055
Hero Member
*
Offline Offline

Posts: 1537674055

View Profile Personal Message (Offline)

Ignore
1537674055
Reply with quote  #2

1537674055
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
ColderThanIce
Sr. Member
****
Offline Offline

Activity: 374
Merit: 250



View Profile
August 12, 2015, 06:56:35 PM
 #2

Electricity cost per hash (at the current difficulty) would be an interesting metric to estimate - obviously this varies depending on the efficiency of the mining farm, but is there a rough way to get an estimate, or a range bound?
Do you mean you're interested in finding the electricity cost/use per block found? Because electricity cost per hash doesn't change with difficulty, that only changes with the gear used to mine on. An Antminer S5 will always hash at 1155GH/s while using ~ 590W, so it's "hash efficiency" will always be 1.96GH/s per watt. However as the difficulty increases, it'll cost more on average to find a block with an S5, because it'll take longer to do so.

ROLLIN.IO  BITCOIN   DICE   GAME
   ⚁    ⚂    ⚃    ⚄   ⚅   ⚁   ⚂
                                        ███████████████████    
                                      ██                                    ██
                                      ██                                    ██              
                                      ██                                    ██ 
                                      ██                                    ██
                                      ██                                    ██
      ██████████████████                                    ██
      ██                            ██                                    ██
      ██                            ██                                    ██  
      ██                            ██                                    ██
      ██                            ██████████            ██████
      ██                            ██              ██          ██
      ██                            ██                 ██       ██
      ██                            ██                    ██    ██
      ███████        ███████                        ████
                ██     ██
                ██  ██
                ████
             
███████████
S  O  C  I  A  L
C H A T T I N G
                    ██
                  ████
                ██████
              ████████
            ██████████
          ████████████
        ██████████████
      ████████████████
    ██████████████████
  ████████████████████ 
              ████████
              ████████

              ████████

              ████████
██████████████
LEVEL UP SYSTEM
   WITH REWADS
                ██████
              ████████
            ██████████
          ████████████
        ██████████████
    ██████████████████
  ████████████████████
█         ████████████████
█         ████████████████
█         ████████████████
█         ████████████████
   ██████████████████ 
     ████████████████
        █████████████
           ██████████
                █████
██████████████
 FREE BITCOINS
monsterer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile
August 13, 2015, 08:48:17 AM
 #3

Do you mean you're interested in finding the electricity cost/use per block found? Because electricity cost per hash doesn't change with difficulty, that only changes with the gear used to mine on. An Antminer S5 will always hash at 1155GH/s while using ~ 590W, so it's "hash efficiency" will always be 1.96GH/s per watt. However as the difficulty increases, it'll cost more on average to find a block with an S5, because it'll take longer to do so.

I worded that badly - yes I'm after the cost per hash, which will then let you calculate the cost per block.
tl121
Sr. Member
****
Offline Offline

Activity: 279
Merit: 250


View Profile
August 13, 2015, 04:07:29 PM
 #4

Do you mean you're interested in finding the electricity cost/use per block found? Because electricity cost per hash doesn't change with difficulty, that only changes with the gear used to mine on. An Antminer S5 will always hash at 1155GH/s while using ~ 590W, so it's "hash efficiency" will always be 1.96GH/s per watt. However as the difficulty increases, it'll cost more on average to find a block with an S5, because it'll take longer to do so.

I worded that badly - yes I'm after the cost per hash, which will then let you calculate the cost per block.

Power cost also needs to include inefficiencies in the power distribution network, e.g. losses from the electric meter to the panel to the power supplies to the miners.  In addition, power cost also needs to include power required for cooling, such as running any fans or air conditioners (beyond those already in the miners if the miner consumption includes fan consumption).

There can be favorable costs, as well.  For example, electricity used by mining equipment can also provide heating to offset required heating of a residence in cold countries during the heating season.  If all heat produced by miners goes to heat the building to a desirable temperature without having to waste heat by external venting, then electricity for mining is effectively free, subject to the rates of alternative fuels (e.g. oil, natural gas, propane).

thejaytiesto
Legendary
*
Offline Offline

Activity: 1316
Merit: 1004


View Profile
August 14, 2015, 04:46:03 PM
 #5

Here is a very useful website for this:

www.coinwarz.com

It seems it takes data in real time in terms of difficulty and you can calculate your gains depending on electricity bill, hashing power of your gear etc. Im not completely sure if this is what you are asking for but just in case i drop that link.
VirosaGITS
Legendary
*
Offline Offline

Activity: 1106
Merit: 1058



View Profile
August 14, 2015, 10:16:18 PM
 #6

Do you mean you're interested in finding the electricity cost/use per block found? Because electricity cost per hash doesn't change with difficulty, that only changes with the gear used to mine on. An Antminer S5 will always hash at 1155GH/s while using ~ 590W, so it's "hash efficiency" will always be 1.96GH/s per watt. However as the difficulty increases, it'll cost more on average to find a block with an S5, because it'll take longer to do so.

I worded that badly - yes I'm after the cost per hash, which will then let you calculate the cost per block.

I think are making something fairly simple into something confusing.

Your machine has X hash your machine cost Y. You do X divided by Y. You now have the exact value of your "interesting metric to estimate".

Then you need to select a timeframe, like 1 day and see the average PH for current difficulty vs how many blocks.

You do a simple PHs/blocks over one day averaged and you have your "metric" down to something fairly accurate.

Then you divide your second metric with your $/gh value and bam. You now know how much $ you need in term of GHS to get 1 block per day average.

Now we assumed free electricity but of course you would compare J/GH of the hardware you would buy to see which is more favorable over time.

We are the Mineority @ https://mineority.io
Currently not accepting commissions for Custom BIOS work @OhGodACompany
OhGodAnAi@gmail.com / virosabios@gmail.com
Yoshi24517
Full Member
***
Offline Offline

Activity: 126
Merit: 100


★777Coin.com★ Fun BTC Casino!


View Profile
August 18, 2015, 01:13:33 AM
 #7

also, you could find a calculator on a website that would do this.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!