alred911 (OP)
Member
Offline
Activity: 72
Merit: 10
|
|
April 04, 2017, 09:07:49 PM |
|
Here is some electricity cost in CAD.
plan fee per day x 0,4064 $ price for first 30kwh per day 0,0571 $ price after first 30kwh 0,0868 $
We don't really have a cooling issue up there. Im asking because i'm not sure it is worth it, can someone advise ? i was ready to buy a S9 then i thought about asking you guys first.
|
|
|
|
|
|
|
|
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
unholycactus
Legendary
Offline
Activity: 1078
Merit: 1024
|
|
April 04, 2017, 09:44:36 PM |
|
It's OK for an S9, keep in mind you don't only have miners consuming electricity so your first 30 kWh isn't accurate. It's still risky since it depends on how much the difficulty rises. Also depends how much you get your miner for.
|
|
|
|
alred911 (OP)
Member
Offline
Activity: 72
Merit: 10
|
|
April 04, 2017, 09:51:31 PM |
|
thanks you for your answer, i did not take in consideration the 110/220v issue, so i need to add something like the 110v/120V 80+ Gold Power Supply Kit For Antminer S9 Bitcoin Miner which cost another 150US.
its right that the S9 is quite old now it is maybe not a good time to start this venture, what do you think ?
|
|
|
|
unholycactus
Legendary
Offline
Activity: 1078
Merit: 1024
|
|
April 04, 2017, 10:37:06 PM |
|
thanks you for your answer, i did not take in consideration the 110/220v issue, so i need to add something like the 110v/120V 80+ Gold Power Supply Kit For Antminer S9 Bitcoin Miner which cost another 150US.
its right that the S9 is quite old now it is maybe not a good time to start this venture, what do you think ?
It would depend on how much you could get your S9 for. Winter is over and I usually use my miners for heat, so I don't think I would do anything personally speaking.
|
|
|
|
|
alred911 (OP)
Member
Offline
Activity: 72
Merit: 10
|
|
April 07, 2017, 01:38:59 AM |
|
well with the last news, i now consider the ebit e9. or even mining ETH it look more profitable. any thought ?
|
|
|
|
beltsniffer
|
|
April 07, 2017, 07:04:07 AM |
|
well with the last news, i now consider the ebit e9. or even mining ETH it look more profitable. any thought ?
I have 5 of the E9's. I've only had them for a couple of weeks, but so far they have proven reliable. The iinterface isn't as easy to configure the miner as the Bitmain s9/t9 or Avalon 721. If you want to check your expected earnings or ROI this calculator from Bitcoin Wisdom will also let you add in Difficulty Increase expectation as well as lots of other factors. https://bitcoinwisdom.com/bitcoin/calculator
|
|
|
|
alred911 (OP)
Member
Offline
Activity: 72
Merit: 10
|
|
April 07, 2017, 11:24:05 PM |
|
thx for your answer,
but why are you guys mining bitcoin when altcoin like ETH looks more profitable, what do i miss ?
|
|
|
|
veleten
Legendary
Offline
Activity: 2016
Merit: 1106
|
|
April 08, 2017, 03:36:28 AM |
|
thx for your answer,
but why are you guys mining bitcoin when altcoin like ETH looks more profitable, what do i miss ?
you missed nothing many of the miners have fingers in both pies they mine both bitcoins and altcoins,using ,for example, s9 to mine bitcoins and GPU or Baikal miners to mine altcoins mind you,altcoins have not been that profitable to mine a couple of months ago,it is due to the recent price rise of ETH,DASH,LTC that altcoin miners started to be more profitable than sha256 miners
|
|
|
|
alred911 (OP)
Member
Offline
Activity: 72
Merit: 10
|
|
April 10, 2017, 10:06:02 PM |
|
so with 7cents (CAD) for electricty. it will be profitable to mine, and to replace one heating device in my basement with a mining rig. However i feel like im a litle late in the game, ETH could be profitable right now, but till when ? they will move to POS maybe before my ROI... Any advises?
|
|
|
|
veleten
Legendary
Offline
Activity: 2016
Merit: 1106
|
|
April 11, 2017, 12:15:34 AM |
|
the sooner you start the better make sure you calculate every step and make sure your ROI takes no longer than 9-12 months even with the most pessimistic scenario and the only ones who don't make mistakes are the ones that do nothing
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 12, 2017, 06:48:08 AM |
|
thx for your answer,
but why are you guys mining bitcoin when altcoin like ETH looks more profitable, what do i miss ?
one reason could be that you have directly your bitcoin, the satisfaction to mine directly bitcoin instead of another coins and losing somethigng when you exchnage(fee, swing of the value for the other coin etc...) is important nicehash is doing here a good thing with the auto-conversion of what you mine in bitcoin, and it make like you are mining directly BTC
|
|
|
|
harirajmohan
Newbie
Offline
Activity: 2
Merit: 0
|
|
November 23, 2017, 10:46:07 PM |
|
Hi, Will it be costly to mine being on ON? Any inputs from experts? Any idea to setup couple of S9 in Quebec?
SOrry i am new to mining hence not much idea on it. Thanks.
|
|
|
|
serinkij
Newbie
Offline
Activity: 2
Merit: 0
|
|
November 24, 2017, 10:15:53 AM |
|
Hello all What is better to mine now?
|
|
|
|
|