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Author Topic: .08kwh  (Read 772 times)
algomaspur
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July 03, 2016, 05:21:22 AM
#1

 Huh  is .08 kwh cost effective for bitcoin mining, also if its a business that draws lots of power it is .04 per kwh?
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philipma1957
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July 03, 2016, 12:55:42 PM
#2

Huh  is .08 kwh cost effective for bitcoin mining, also if its a business that draws lots of power it is .04 per kwh?

8 usa cents is decent

4 usa cents is very good.


other factors  are do you pay VAT ?  do you rent a warehouse?

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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July 03, 2016, 03:35:52 PM
#3

Huh  is .08 kwh cost effective for bitcoin mining, also if its a business that draws lots of power it is .04 per kwh?

8 cent per kWh is quite expensive, most of your bitcon earnings by mining will go paying the electricity, but if the price is 4 cents per kWh then its cheaper and you can start mining. What's your mining rig(s) to start mining?


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philipma1957
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July 03, 2016, 03:44:24 PM
#4

8 cent power  makes a profit with the newest gear the s-9 once you sell it in 6 to 10 months

4 cent power is really good. should be really sure to profit


and 8 cent power is not quite exspensive I think you could or may profit


20 cent power  =   death to profit


8 cent power = maybe a profit?


below are some possible projections of what the s-9 will do
one with 8 cent power
one with 4 cent power



I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
algomaspur
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July 03, 2016, 04:02:25 PM
#5

that is awesome also I have a meter that monitors my kWh right off of my power line coming out of my breaker box into the house then it sends the data via WiFi to my unit.  I am able to see in real time how much I am burning electricity.  I have been adjusting all the lights and everything that was sucking power 24/7 from children.  Now every device I turn off I can see how much each is using in electricity.  If you guys want one they are only like 160 dollars I will put a link in the description.  Anyway I figure that eliminating all of the blood suckers throughout the house that my bitcoin miners can use the power that I was using to light the house up for nobody.  Also I live in north Idaho so I put my ant miners underneath my thermostat because we pretty much have 8 months of winter, and they will help keep from the thermostat kicking on all the time.  I don't know if all of these cost savings will help but we will see.  BTC  https://www.amazon.com/Efergy-Home-Hub-Elite-Combo/dp/B00I2XM5RS/ref=sr_1_4?ie=UTF8&qid=1467561807&sr=8-4&keywords=efergy it has a cool web portal and you can access on your phone
philipma1957
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July 03, 2016, 04:34:44 PM
#6

one last thing I am using numbers after the ス ing not before since the ス ing is about six days from now.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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July 03, 2016, 10:24:11 PM
#7

There are a lot of other costs involved unless you can just flip a switch to get miners running.

It also depends on how efficient your miners are.
0.08USD would be too much for me, even with the most recent miners.

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July 03, 2016, 10:31:59 PM
#8

one last thing I am using numbers after the ス ing not before since the ス ing is about six days from now.

 It looks like the block reward is set to 25 in those images you posted.


Sidehack is making progress! Buy him a burger to keep his energy up - 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
philipma1957
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July 03, 2016, 10:37:31 PM
#9

one last thing I am using numbers after the ス ing not before since the ス ing is about six days from now.

 It looks like the block reward is set to 25 in those images you posted.



i   ス-ed the cash  ,  but I did it when cash was at 710 a coin should be 355 .

  I then bumped it a hair  to 380 usd

I kept all numbers in cash usd.


Doing long term projections is my art and feel then pure science.

who the f really knows the actual price in 10 days 25 days 50 days 100 days.  and who the f really knows  the diff numbers I guessed 4%.

long term diff over the next year could be 2% 4% 6% 8% maybe a negative.  once again who the f knows.

But if you are at 8 cent power  1 s-9 could earn a profit.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
xhomerx10
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July 03, 2016, 10:43:28 PM
#10

one last thing I am using numbers after the ス ing not before since the ス ing is about six days from now.

 It looks like the block reward is set to 25 in those images you posted.



i   ス-ed the cash  ,  but I did it when cash was at 710 a coin should be 355 .

  I then bumped it a hair  to 380 usd

I kept all numbers in cash.


Doing long term projections is my art and feel then pure science.

who the f really knows the actual price in 10 days 25 days 50 days 100 days.  and who the f really knows  the diff numbers I guessed 4%

 Okay I see it now.  Yeah difficulty has pretty much always been a tough variable to predict.  It's even tougher now that most companies keep their new devices a secret.

Sidehack is making progress! Buy him a burger to keep his energy up - 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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