Hi all,
We're not familiar with a bitcoin process very much, so want to ask:
There's a machine called AntMiner S9
https://shop.bitmain.com/antminer_s9_asic_bitcoin_miner.htm/. Its specifications says that it can do 14TH/s and cost only 1500USD. In Ukraine the Cost per KW/h is like 0.01USD/KW, and bitcoin calculator says that with that power we can do like 500USD/month. So it will pay off for 3 months only, which sounds kind of strange. Please advise it it true?
Thank you!
Profits will differ for sure but almost it will be around 450$ to 520$ only so you do not need worry about the profit dude. Even Gpu mining is giving good profit to the altcoin mining in the same time you will be able to find the bitcoin mining with the antminer s9 means profit rate will be higher than you expected since noticing your electricity cost is low than many places.