How much do you guys make off of mining?

[gt_addict]

I make approximately £25 per month profit (after electricity has been paid) out of ONE Antminer S9.

BUT that's does not include the cost of the miner itself if I were to take into account the cost of the miner too (£1000) then I would be making a Return On Investment (ROI) in approximately 40 YEARS !!!!!

So if anyone comes on here and says they make loads of money out of a few miners they are not telling the whole truth as to actually be making a real profit the cost of the equipment (miners) must be factored in.

Good thing I only do it as a hobby 

 Your electric cost is bloody high - I've crunched the numbers on those and I can make ballpark $180 a month (right now, will drop over time as diff increases) from one of the 11TH S9 batch miners, somewhat more from the higher hashrate ones.

 ASSUMING it works reliably - which is my issue with the S9, I do NOT like the reliability figures I've seen about it to date, coupled with it's still overpriced due to ZERO real competition.

Yea my electricity cost is £0.13 per kWh. I'm crossing my fingers for my S9 in relation to reliability. I'm hoping the fact it's heavily underclocked will help.

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[rendermangl]

You want numbers...here we go:...

Simple facts...


Starting January 27 2014:


BTC ...invested so far...2.2 + 1.45 + 1.426 + 0.878 = 4 Ants ...800GH

Paid out so far: ...3.25 BTC...my income...

Average income is :...0.08BTC per day ...low estimate...at the moment/difficulty...

Expected breakeven...in approx 38 days...End of April 2014...

Free sailing after that...or re-investing...or partying...you decide...


Good luck, buddy...and don't be afraid to try...

Thank you !
That was very helpful