Well got a reply from Innsolicon sent them the above. The 6c USD per kWh I quote below is MAYBE SOMETHING I could dig up in Canada, but iffy, this is from some folk
that are 'grandfathered' in at such rates already. So I was using below the most OPTIMISTIC values I could glean. Also, the ROI is a stretch in reality, but give you some
basis to see how far you MAY need to go at current BTC price and difficulty. The unit below is the Innsolicon T30 at 30TH and 2,200 watts. I assume others could get this
unit from them in the next couple days at below if they were to ask, but unsure. Anyway. Below is a 30TH unit at 2,200 watts, shipped to Canada ($50 shipping assumption) and
added the 13% VAT for Federal and Province combined for Canada. The 'supposed' $50 setup 1-time fee to the data hall. Etc. Again, this is my most 'optimistic' view on a data
hall at 6c kWh vs the mostly? only? I've found in the USA at 8c kWh USD. But again, with the 27.6% tariff and import fees combined in the USA that has its own issues even
at 6c kWh in the USA.
Anyway my reply to Innsolicon below (mostly just to vent..I kinda think they know this already and are 'hoping' they can move some product in some manner anyway)
my reply to the 25% offer on current listed Innsolicon web page price as stated on this thread below:
quote
Sorry to say with the 27.6% tariff and import fees in the USA that is out...even if I shipped them to Canada at 6c kWh...it just
does not make any sense. See what to mine calculations below: Your site says $980.00 USD for the 30TH at 2,200 watts.
With the 13% VAT rate to ship to Canada direct the price is now $1,030.00 USD. Plus say $50 shipping, as a guess, to make
the total $1,080.00 USD. Once at the data hall there is a one time $50 setup fee. So now it is $1,130.00 USD.
So total invested to get a T30 30TH 2,200-watt unit to Canada at a 6c kWh rate above is again, in place, the above.
https://whattomine.com/ states I'd make $1.64 per day profit after electric.
What to mine says I'd make at a FLAT difficulty and current price of $8,225.00 USD per BTC
at $1,130.00 USD divided by $1.64 (again assuming above FLAT difficulty (unlikely) and FLAT price (unlikely)
that would come out to an ROI of 689 days to ROI.
Again, this is shipping to CANADA with only a 13% VAT. To the USA with a 27.6% Tariff and import fee, it would be
much uglier. Indeed.
Anyway, I figured someone at your end could look at my above math. It is way, way too ugly for me to get any unit from you.
Indeed if it was 50% off that would still be like over on year to ROI. I understand you have issues with price
and difficulty and the cost of production and likely this is the best you can do. But again, best price I can find
for small fry in the USA is 8c kWh. The most common is 10c kWh. Canada with issues above is 6c kWh.
Anyway, thanks for listening..but this boat doesn't float.
Hopefully, other parts of the world will help you out on this or BTC will pump. But not looking good.
later
Brad Weelborg
Searing on
www.bitcointalk.orgend quote
Anyway, for what it is worth, being small fry and all, I guess I'm in FULL HODL mode.
HOPEFULLY, this will be helpful to someone IN Canada, that can get equipment USED with no VAT from their data hall or some such.
As for me, just can't justify it without a pretty big pump in BTC price and/or a sure thing 6c kWh in the USA and the 25% tariff goes away.
That is probably, too many 'ducks to line up in a row' to make this in any way possible this year and maybe even most if not all of 2020.
The math truly sucks!
Anyway, maybe the above will help someone with better options.
Brad
