so 7600 watts to mine with 68th.
this would cost you close to 10000 usd to set up
this is more then most mine with and I hope to net get back 15000 for my 10000 over the next 8 months
Well we split coins and I pay no power cost. But I purchased all the mining gear.
So 5 miners cost me quite a bit.
But they are doing 56 th and 28th is mine this month it should earn .94 btc or about 600 usd.
Last month 700 usd month before that was more like 1000 and month before that was 700 as I had only some of the month.
So as of now around 3000. Price of gear was about 8000. So I have 5000 to break even.
If I sold them today I would get about 6500. Which would mean I am up about 1500 on a 8000 dollar investment if I liquidate today. Time span would be June 14 to October 1 for that calculation.
Can you help me out a bit on the math here? I'm just starting to look into mining. You have 5 S9's and an S7, are they working ok? It seems like 68TH/s is correct but if you are only doing 56TH/s is there a problem? Also you mentioned $8k, did you get a special deal on the S9's? Did you have an S7 previously?
If I stick this in a mining calculator as $8000-$2400 for your cost then at 3% difficulty increase you will recover your cost and make $12.6k ($6.3k each) at the end of 2019. At 5% difficulty increase (the next difficulty increase is 7.75% so I am just sticking 5% in as an average), you will make $6.3k ($3.6k) at end of 2019. I've attached the screenshots, let me know if I have made any mistakes.
As you are in with your friend, I assume if you sell the miners you would split the sale or what would he do with the solar setup if there was no mining?
Thanks for providing some light on the details of setting things up!
https://supload.com/HJ4JyMurl