View Single Post
Old 10-25-2017, 10:01 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by JohnnyPearl View Post
Just buy Antminer S9. Here in Quebec with the current price for electricity and 5700$ US for a bitcoin, you'll make about 0.0025 Bitcoin a day per machine. Any other way is not worth the time or power.

Check this link out for more info on your setup https://www.cryptocompare.com/mining...n=&CostPerkWh=
4730 TH/s?

The problem with buying dedicated hardware, especially as a retail amateur, is that it will take some time to break even. Some rough calcs suggest at least 6-8 months at current value to pay back the purchase price of an S9, and over that time difficulty is likely to increase, so the payback could be heading more towards a year. By then your equipment is almost obsolete and you have to start the cycle over.
rowan is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote