Bitcoin Forum
May 09, 2024, 10:23:18 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13]  All
  Print  
Author Topic: Whatsminer M20 is announced and available for pre-order  (Read 4274 times)
wndsnb
Hero Member
*****
Offline Offline

Activity: 544
Merit: 589


View Profile
August 26, 2019, 12:58:10 AM
Last edit: August 26, 2019, 01:55:36 AM by frodocooper
 #241

50/50 split deal seems dangerous. Would your power guy take a loss to uphold his end of the deal? Or would he just shut it down and send you your gear back? Seems overly stressful since you need to make decisions about what gear to buy and what's good for you is not good for him. Gives me a headache just thinking about it.

I assume you know his operating cost and are making decisions based on that to keep it profitable for both of you?

Have some dead Bitmain 17 series hashboards or full miners?
I'll buy them ... send me a PM with what you have and I'll make you an offer!
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715293398
Hero Member
*
Offline Offline

Posts: 1715293398

View Profile Personal Message (Offline)

Ignore
1715293398
Reply with quote  #2

1715293398
Report to moderator
philipma1957
Legendary
*
Online Online

Activity: 4116
Merit: 7863


'The right to privacy matters'


View Profile WWW
August 26, 2019, 01:36:22 AM
Last edit: August 26, 2019, 01:56:29 AM by frodocooper
 #242

What has happened is the newer gear has gone so far up in price  I can't justify buying any new gear.

We are okay for now his profit margin is still plus.  and at this point I will have all 900th paid off. sept 1st.

I could afford to shift deal  if he goes red. ie  60-40  for him.
He is 3 cents.

The power bill is about 2268  he earns about  0.01 btc a day or .30 btc a month  about 3100

he also earns 0.1 ltc a day or 3 ltc a month or  215   usd   so his net is about   3315-2268 = 1047 a month

me and buy solar's net is 3315.  we have almost fully paid off  all gear.  payoff for all gear on hand will be sept 1st.

people don't realize how hard mining is .  the hoster is at 3 cent cost.  and makes 1000 a month or 12,000 on the year.  we will earn about  12,000  from sept to dec.

and at years end have  a lot of gear.  that will need shutting down.  the s9's and the L3+  will all get turned off by jan 31.

so  25 l3+ and 22 s9's  will be shut off.  about 11gh and about 220th  using around  18 + 23 = 41 kwatts  giving us  only 65kwatts burning out of a possible 150.  But I can't justify buying newer gear at stupid high prices.



forget trump tax. forget my deal

the s20 is 45 th at 48 watts a th or 2160 watts.  it earns  45 x 0.0000242 = 0.001089 btc a day or 11-12 bucks

2.16 x 24 = 52 kwatts a day is  2.08  usd so 12-2.08 is 10 bucks a day 1830+120 = 1950 /10 = 195 days  and wait 110 days till you get it   so 305 days to roi  with 4 cent power and no trump tax.  is okay.  but if you are in the USA good luck getting that deal.  most people simply can't get in the game.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!