Is Bitcoin Mining Profitable in 2017 and how I'm making $50 a day w/ S9

[VoskCoin]

Hey everyone put together a video on my thoughts on Bitcoin Mining in 2017 and really looking forward into 2018. I'm mining with the Bitmain Antminer S9 so my two main options are of course Bitcoin / BTC and Bitcoin Cash / BCH

https://youtu.be/Jl-XIUtfFZQ

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[dx_twisted]

How much did you buy for your S9? I was wondering if you have a spare one which I can buy from you at a cheap rate?  I've been dreaming of mining BTC since my first failed attempt and I'm having a hard time looking for a legit seller of such hardware. Also, I couldn't afford to buy it at a "brand new price" and I'm hoping that there's a willing seller out there which can sell it to me at a discounted price. I'm also okay with second hand as long as the miner is in good working condition.

Anyways, do you also mine other cryptocurrencies? I just noticed that you have other hardware in your background.

[GbrilliantQ]

What pool you using OP?  Zpool? NH? Slush? I can't sit through the video to find out. I did went ahead and gave you a view for your troubles.  Just wondering, I'm using Zpool for my s9's right now.

[Stedsm]

Watched out the video and would like to congratulate on your earnings as you should have already done ROI on your investment very quickly and must be enjoying profits now.
S9s came to the market for a price tag of roughly $2-3k per piece and if you have had got it way earlier, some discounts were there too. It means you might have made some generous amounts if you were doing it as an early bird. But as of now when the price of Bitcoin has slipped down from 20k to 15k, how are you able to earn $50 still? It's between 0.0025-0.0027 average earnings in BTC per day if you mine through S9 which nowhere near $45 at current rates, so how is $50 possible? Switching to Bitcoin Cash helps you earn that much daily?

[Sandal_Hat]

It should be significantly lower than 50 actually

[alh]

When you actually watch the video, the claim is for .003 BTC/day. He stated that was $40-45 per day. Towards the end of the video he says that it will be $100 in electricity for the month. I have no actual idea what his electric rate, but that $100 will likely be a little short.

In actual fact, his profit is likely to be closer to $40/day, which is paying off the hardware costs. He is clearly making money at the current BTC price. He also mentioned something about his Antminer D3 experience. He should "break even" in the first half of 2018 barring a collapse in BTC price.