This question isn't about mining reward, solo mining is considered notprofitable

[WellRozey]

This question isn't about mining reward, solo mining is considered not profitable, I get that part.....



400 watts for 30TH on Bitcoin mining reasonable?

I'm talking about the new BSB home miner with the BM1373 Asic chips, it offers higher hashrate with lower power consumption, apart from the cost my question is pointing to that consumption energy Vs the Hashrate.

Do you think it's good enough?

The actual miner is very new and only few people still get their hand on it, full name is BSB B30 Miner, I don't know if anyone is already on this miner yet, a source said it's still a prototype and not fully launched for public I don't know.

All I know is it's better than the 12TH miner that takes 230watts
Which to some it's the most efficient for solo....

[logfiles]

Let me bring this in a different day-to-day experience so you can get a clear picture and have an answer for yourself. Let's use the same figures. Provided all other factors remain constant 

--> $400 to buy 30,000,000,000,000 tickets for a lottery game
--> $230 to buy 12,000,000,000,000 tickets for a lottery game

Which one do you think is more reasonable?

[philipma1957]

This question isn't about mining reward, solo mining is considered not profitable, I get that part.....



400 watts for 30TH on Bitcoin mining reasonable?

I'm talking about the new BSB home miner with the BM1373 Asic chips, it offers higher hashrate with lower power consumption, apart from the cost my question is pointing to that consumption energy Vs the Hashrate.

Do you think it's good enough?

The actual miner is very new and only few people still get their hand on it, full name is BSB B30 Miner, I don't know if anyone is already on this miner yet, a source said it's still a prototype and not fully launched for public I don't know.

All I know is it's better than the 12TH miner that takes 230watts
Which to some it's the most efficient for solo....

What does it cost?


The power cost is 0.4x24= 9.6 kwatts

Say 10 kwatts a day or 3650 kwatts a year  if you have 30 cent power cost you are spending 1095 a year on power

Plus buying the unit

Basically way too much.

I have the apollo III

SET TO super eco i burn 100 watts for 8th.

Or 2.4 kwatts a day or  about 900 kwatts a year at 30 cents a kwatt about 270 a year on power

I save 825 usd in power  in a year.

So if the BSB cost 600 and the Apollo is 1000 I am still ahead 425 in costs

And each year after I save 825

This means I can buy 400 every year in btc

And spend money taking my wife out to dinner a few times.

So my advice is unless you power is super super super super cheap do not spend 400 watts a day to solo mine

[HeatBit]

The cost of every Asic miners matters much as the energy they consumes.
 
This B30 miner is already been shipped out base on my research, few people already got it and this particular one is $800
Power used per TH is 13.5 J/TH, that's really cool 😎😎😎

Even the Hammer Thor P2 with 10TH that some people are talking about is 16.6 J/TH..
It's not bad at all.

In the end, I don't know if $800 spent on solo mining is worth it..
Literally on something that may never yield or bring Anything in the end.

Also how many Bitcoin are even left to be mined?

[FP91G]

This question isn't about mining reward, solo mining is considered not profitable, I get that part.....



400 watts for 30TH on Bitcoin mining reasonable?

I'm talking about the new BSB home miner with the BM1373 Asic chips, it offers higher hashrate with lower power consumption, apart from the cost my question is pointing to that consumption energy Vs the Hashrate.

Do you think it's good enough?

The actual miner is very new and only few people still get their hand on it, full name is BSB B30 Miner, I don't know if anyone is already on this miner yet, a source said it's still a prototype and not fully launched for public I don't know.

All I know is it's better than the 12TH miner that takes 230watts
Which to some it's the most efficient for solo....

It all depends on how lucky you are.
Block 957,382 was caught by a miner with a device with a hashrate of less than 1 TH/s. Some people mine several hundred terahashes solo for a whole year and haven't mined anything.
If that's not a lot of money for you, then definitely try solo mining.