But if mining pick up to ten cents a th or 20 cents a th this unit can earn $3.50 to $7.00 a day gives you a far more realistic chance at making money than the s9 ever will.
s19xp hydro sells for ~$6k on bitmain. (Yours probably is cheaper and less efficient than this because it is not hydro?)
If you can make $7 daily from that machine, it would take ~850 days for you to make your ROI. Mind that, you’ll have to make $7 every day (that’s your upper target) and we know that’s not going to be the case.
At the moment both s19xp and s19xp hydro are mining at a loss.
That means bitcoin’s price has to rise a lot to get that $7/daily income. Also new miners will emerge and mining will get more crowded while that happens and you’ll again get affected in a bad way. Meaning, your device will have zero second hand value.
Long story short; mining is a fool’s game unless you can buy the hardware for cheap and have access to “free” electricity.
Solar isn’t free. You pay upfront for the electricity and lock your future expenses.
Just buy bitcoin if you are bullish and you’ll make way more money without having any of these headaches.
First off the s9 is 80 watts a th the 1 board s19xp is 21 watts a th.
I can almost be certain that it will last 4-5 years. so at the moment it earns 4.7 cents a th which is 94 cents to 1.64 cents a day
and at those numbers it is a loser for him.
he needs about 1400 to buy it the 15 panels are about 3000 not installed and the inverter is 1000. So he is at 5400.
he wants batteries which is next to impossible to be cost effective. lets say 1600
he lays out 7000. he may need a miner in 5 years and he will need new batteries
5 years are 1825 days at current earn he gets 1.65 x that or 3011.25. that is not a certain loss as you do not know if current earn rises.
the panels = 20-30 year life
the inverter = 10 year life
the battery = 5 year life
the miner = 5 years or more.
so do I think he should do it? he will certainly get back more than 3000 on 7000 and have the panels the inverter the scarp batteries and a half assed miner.
they are worth maybe 3k
in dec of 2023 earnings were 13.3 cents
in most of 2021 earnings were 25-40 cents
13.3/4.7 = 2.82 x 3000 = 8489 which is more than 7000. and he would have working panels and working inverter scrap batteries and maybe a half assed miner
I would be fairly sure he makes some money doing it with a 1 board xp.
so at worst he stands to have 6k back on 7k
at best over 11k on 7k