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Author Topic: Mining is over  (Read 915 times)
egyasia.com (OP)
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December 10, 2016, 11:17:07 PM
 #1

I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD
philipma1957
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December 10, 2016, 11:37:36 PM
 #2

I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD



why did you buy if your power is .13 usd?

it has been well documented that .08   is meh  and .06 is decent for earning money  you were not close at .13

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nimogsm
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December 10, 2016, 11:38:27 PM
 #3

in my country 1kw= 0.03 usd)

SEGMining
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December 10, 2016, 11:39:22 PM
 #4

First post ever, declares mining dead.

SEGMINING Miner Co-Location in Vancouver, WA
$75/KW/Month with VPN access to your hardware
http://segmining.com
cpfreeplz
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December 10, 2016, 11:46:16 PM
 #5

Holy shit 13cents a KWH!? Your mining was dead long before the S9 became available so why did you even buy it!? Wow! Go to any calculator and it would have told you that!
philipma1957
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December 11, 2016, 02:27:38 PM
 #6

in my country 1kw= 0.03 usd)

Nice  you are lucky.


In my house 12.7 cents  So I mine gpu cards in the winter  the heat for my home and the coins I make a few bucks.



I have 2 hosting deals  with free power but 50-50 split on the coins.

 I have about 50th in the two spots.

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hubballi
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December 11, 2016, 02:42:09 PM
 #7

in my country 1kw= 0.03 usd)

Then i think you can start mining as your price is very low and if you can rent some 2 or 3 rigs then you can earn nicely, but if you can try to mine altcoin that will give you more profit

leowonderful
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December 11, 2016, 09:51:12 PM
 #8

in my country 1kw= 0.03 usd)

Nice  you are lucky.


In my house 12.7 cents  So I mine gpu cards in the winter  the heat for my home and the coins I make a few bucks.



I have 2 hosting deals  with free power but 50-50 split on the coins.

 I have about 50th in the two spots.
Damn. I have 0.65$/kwh electricity here in Erie, PA. Got a single rx 470 in my gaming setup that's used for mining casually when I want, and a few other assorted S5-S3s for fun. Sounds like a great deal on hosting.
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December 12, 2016, 03:06:34 PM
 #9

BTC Huhhttp://][/img]
I think bitcoin mining is no longer profitable now in most countries due to the increase in difficulty level and increase in power cost?

what are your thoughts guys?

I have s9 here and I'm losing $$ .... the price of 1 kw is roughly 0.13 USD

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