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Author Topic: what is the ROI of Antminer S9  (Read 1941 times)
FRORUN2017 (OP)
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October 29, 2017, 06:37:36 PM
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I am currently planning to mining BTC using Antminer S9 (14 Th/S, 1400 watt, price Rs. 2,25,000/-  Electricity rate 0.1 USD/Kwh)

I browse net for some BTC calculator which consider difficulty increase rate as well as network hash rate increase rate.

Some of them saying that i will never get ROI or some of them showing that ROI will be after 5 years.

What is true?

Is it worth to mine with miner or just buying and hold it.

Note: i am not comparing price of the BTC. I am just comparing that at the current rate of 6000 USD/BTC and 65 INR/USD i will get 0.577 BTC, then how much time it will take to generate that much BTC with miner.


Thanks in advance for your help
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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coldfear08
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October 31, 2017, 10:56:12 PM
Last edit: October 31, 2017, 11:08:36 PM by coldfear08
 #2

In mining ROI depends on network difficulty & BTC price. It will not stay the same.
With current difficulty & BTC price your ROI will be in 10 months with the rates you have quoted.
ROI will keep changing every few days so no point in asking about ROI.
Guvn0r
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November 25, 2017, 08:10:10 PM
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in my opinion this is the most accurate mining calculator available...try it

https://www.nicehash.com/profitability-calculator
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November 25, 2017, 08:20:29 PM
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Actually i think it depends on network difficulty & BTC price.
Wish the best.
GOOD LUCK!!!
MrN0Name
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November 29, 2017, 11:25:45 AM
 #5

I am currently planning to mining BTC using Antminer S9 (14 Th/S, 1400 watt, price Rs. 2,25,000/-  Electricity rate 0.1 USD/Kwh)

I browse net for some BTC calculator which consider difficulty increase rate as well as network hash rate increase rate.

Some of them saying that i will never get ROI or some of them showing that ROI will be after 5 years.

What is true?

Is it worth to mine with miner or just buying and hold it.

Note: i am not comparing price of the BTC. I am just comparing that at the current rate of 6000 USD/BTC and 65 INR/USD i will get 0.577 BTC, then how much time it will take to generate that much BTC with miner.


Thanks in advance for your help

Depends on the kind of budget you got.
I am mining and trading . S9 (including cst etc ) cost approx 1.33L in JUL. and approx monthly income so far is 0.09 BTC but keeps decreasing every 2-3 weeks or so  ( you will need to deduct elec as per state rates).

 Now , Bitmain isnt shipping to IN due to the mess customs has made around miners.

your only option is to buy and HODL or trade until one day when Bitmain starts shipping or other HW miners jump in the race.
Halongmining is already in but not shipping until 2018MAR , plus they got a min purchase quota.

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