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Author Topic: $800 Electric Bill . . + My Current GPU Mining Profitability  (Read 4874 times)
VoskCoin (OP)
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September 26, 2017, 01:35:06 AM
Last edit: September 26, 2017, 02:09:07 PM by VoskCoin
 #1

https://youtu.be/1tjhbYAXu6Y


~40k sols mainly on 240v mining 24/7 (Zcash/ZenCash)



What are your setups looking like / effect on your electric bill?

Official blog post text recap
http://voskcoin.com/800-electric-bill-whats-our-mining-profitability/

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Vann
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September 26, 2017, 01:46:51 AM
Last edit: September 26, 2017, 01:59:53 AM by Vann
 #2

That's actually pretty good. Mine is almost half of that for about 1/3 of the power used. 350 H/s ETH + 10000 MH/s DCR dual mining and I have 1.1 KH/s on ZEC.
joshuajones02
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September 26, 2017, 02:23:16 AM
 #3

https://youtu.be/1tjhbYAXu6Y


~40k sols mainly on 240v mining 24/7 (Zcash/ZenCash)



What are your setups looking like / effect on your electric bill?

Now you need to file for a commercial rate :p

Nice video, just finished watching it.

Whats the breakdown of those 3 GPU rigs, other than the GPU's. Do you run them like that out of stability or find it cheaper/more organized? Just curious what mobo/psu you're using for them.

And where do you keep your miners? I think you had a video on your farm but I dont remember if you said it was in your house or in the garage.

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NobodyIsHome
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September 26, 2017, 02:47:07 AM
 #4

That's neat.  I have roughly 23 ksol/s and my last electric bill was a little over $400.   

My energy rate is calculated roughly around how many hours I'm at peak power draw.  Each tier gives a bigger discount.  That is, 500 hours @ 10 kw (or 5000 kwh) will give me a better rate than 250 hours @ 20 kw.
LoneRangir
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September 26, 2017, 02:57:41 AM
 #5

Do you pay out of pocket or sell crypto to cover the cost of electricity?
bclcjunkie
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September 26, 2017, 07:17:21 AM
 #6

good earnings as long as it's asic resistant.
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September 26, 2017, 07:56:42 AM
 #7

I have 12kh/s and use about $800 per month. I have much higher electricity price and less efficient miners.
hanskan
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September 26, 2017, 08:05:26 AM
 #8

16.1 kH/s and ~800 AUD per month on electricity, and i get ~1mW from solar panels per month. Really need to move my gear somewhere else lol
VoskCoin (OP)
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September 26, 2017, 02:18:56 PM
 #9

https://youtu.be/1tjhbYAXu6Y


~40k sols mainly on 240v mining 24/7 (Zcash/ZenCash)



What are your setups looking like / effect on your electric bill?

Now you need to file for a commercial rate :p

Nice video, just finished watching it.

Whats the breakdown of those 3 GPU rigs, other than the GPU's. Do you run them like that out of stability or find it cheaper/more organized? Just curious what mobo/psu you're using for them.

And where do you keep your miners? I think you had a video on your farm but I dont remember if you said it was in your house or in the garage.

I actually talked to them about it. . unfortunately its basically worthless for me to switch with my elec provider T_T and thanks for watching Cheesy

https://youtu.be/Q5F8mPbce9o I think this video will help if you want a video overview


This is a copy and pasted full part list - phil on our forum really designed this rig ..  I just made a lot of them lol xD
ALL PARTS REQUIRED LISTED BELOW w/ LINKS
Inspired and designed on the bitcointalk forum operating off of nvOC Phil's Direct Injecto Trio GPU Mining Rig by VoskCoin Complete parts list below

nvOC official thread and latest version

https://bitcointalk.org/index.php?topic=1854250.0

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Plywood - recommend sourcing locally otherwise amazon has options

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////here's the video I made on building a 3 card rig https://youtu.be/fOzz6YFSNxE

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VoskCoin (OP)
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September 26, 2017, 02:20:53 PM
 #10

That's actually pretty good. Mine is almost half of that for about 1/3 of the power used. 350 H/s ETH + 10000 MH/s DCR dual mining and I have 1.1 KH/s on ZEC.
To be fair my bill will be more like 1k on my next statement / 1.2k with the D3 I added so this price is a bit under and not a absolute full representation of everything so time will tell O_O whats your elec rate?

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VoskCoin (OP)
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September 26, 2017, 02:22:24 PM
 #11

That's neat.  I have roughly 23 ksol/s and my last electric bill was a little over $400.   

My energy rate is calculated roughly around how many hours I'm at peak power draw.  Each tier gives a bigger discount.  That is, 500 hours @ 10 kw (or 5000 kwh) will give me a better rate than 250 hours @ 20 kw.
that's pretty awesome actually, where ar eyou located and whats your price end up coming out to?

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VoskCoin (OP)
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September 26, 2017, 02:34:40 PM
 #12

@hanskan whats your elec cost / where in AUS


@Tecmand what are your miners and what is your elec cost?


@bclcjunkie that would really flip my world upside down if they came out with an equihash ASIC lol


@LoneRangir I try to pay everything I can out of pocket, but I'll be selling crypto pretty steadily for the rest of the year unfortunately to pay some expenses and really just pay off the debt i've accrued

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QuintLeo
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September 26, 2017, 08:07:23 PM
 #13

My last power bill was just over $500 at the bottom line for a hair under 11KW used.

 The large majority is mining, but it's a mix of A2 Scrypt ASIC, ballpark 30 cards worth of NVidia rigs currently mining ZEC, and a bunch of misc. AMD rigs mostly working RC5-72 Dnet via the Moo Wrapper project on BOINC and earning some Gridcoin to pay the electric for those rigs (and not much more if at all, but I'm consistantly the #1 producer in all of Dnet on RC5 work AND by far the #1 Moo Wrapper producer, as well as being easily Top 20 in Gridcoin research production).

 I expect the next electric bill to be somewhat higher, as I've added more hardware this past month.

 I also have a bunch of optimization work to do on the rigs for ZEC mining, they WERE doing Folding@Home 'till a combination of the recent ABUSE by Vorshalk (a CureCoin DEVELOPER) that has been killing profitability of both CureCoin AND FoldingCoin coupled with my ongoing long-term issues with Stanford's frequently broken infrastructure ticked me off to the point I refuse to deal with those projects any more.


 Given your high electric rate, have you considered moving somewhere with LOW cost electric?
 My next planned move (probably sometime next year, possibly 2 years off) should net me a significant drop in electric cost (I'm in "only" the 3'd lowest cost residential/small business electric rate are of the country, the top 2 are "right next door" in adjacent counties).




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NobodyIsHome
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September 26, 2017, 08:11:28 PM
 #14

That's neat.  I have roughly 23 ksol/s and my last electric bill was a little over $400.   

My energy rate is calculated roughly around how many hours I'm at peak power draw.  Each tier gives a bigger discount.  That is, 500 hours @ 10 kw (or 5000 kwh) will give me a better rate than 250 hours @ 20 kw.
that's pretty awesome actually, where ar eyou located and whats your price end up coming out to?

Southeast USA.

It's hard to say what my current rate is.  I haven't been at full capacity for a full month, yet.  My previous bill was roughly 200 peak hours, so it would not much better than residential rates of 0.10 USD/kwh.
NobodyIsHome
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September 26, 2017, 11:55:15 PM
 #15

Just got this month's bill.

8858 KWh, 16 KW peak, $780

ouchie, winter months will be better since I won't have to run the A/C to keep the place under 30C.
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September 27, 2017, 02:03:23 AM
 #16

9517 KWh - $1287.50 total bill. Yeah, NYS stinks....  We hope to switch to a continuous natural gas generator to use the free gas on our property, but that likely will be a project for next summer. I'd love to move to where QuintLeo is, but for various non mining reasons we're stuck here for the forseeable future.
VoskCoin (OP)
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September 27, 2017, 02:45:12 AM
 #17

Updated video on what I've made mining with the Antminer D3 for the past week

https://youtu.be/onO7O-vZQwQ

Check out my Crypto YouTube channel
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crazydane
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September 28, 2017, 10:19:48 AM
 #18

Here's my latest bill:



I have a 20kw solar array which is why I had no consumption from March - June and only a tiny bit in July, which is when I started mining.  My usage would have been another 2,500 kWh this past month had it not been for the solar array.

Here's my historical over the last 3 years:



I need to modify it to show my effective kWh rate with the solar offset.

I'm doing about 14 ksol/s and Burst mining with 260Tb.  I'm hoping the use my miners for heating during the cold season to offset the cost.  This summer's heat was pretty brutal.
VoskCoin (OP)
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September 29, 2017, 12:42:45 PM
 #19

Here's my latest bill:



I have a 20kw solar array which is why I had no consumption from March - June and only a tiny bit in July, which is when I started mining.  My usage would have been another 2,500 kWh this past month had it not been for the solar array.

Here's my historical over the last 3 years:



I need to modify it to show my effective kWh rate with the solar offset.

I'm doing about 14 ksol/s and Burst mining with 260Tb.  I'm hoping the use my miners for heating during the cold season to offset the cost.  This summer's heat was pretty brutal.

Awesome stats man thanks for posting that. How much do you have invested into your solar array and what's the lifespan for it? Also for everyone that offset their heat with miners, is there a particular plan you have for that and do you kind of just put a rig in each room lol xD

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Sev18
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September 29, 2017, 01:04:17 PM
 #20

Wow.. envy your electricity price.
In our country government charges about $1/Kwh when monthly usage goes over 1000kwh.

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