/biz/ - Business & Finance

assuming 100% efficient 800w pull
24/7 run time average 4.33 weeks per month
747.44 hours per month running.
take that times 1500w and you get 1,121.160 kw/h
where i am it is ~$0.16 per kw/h
that means running a rig 24/7 will run you $179.39 per month
*take a mental break here i know some of you have short attention spans

as it stands, a founders edition 1080ti will have a 947.18 mHash/s rate
its price is around $800 now ballpark estimate.
double it because you will be using two.

using this link
https://www.cryptocompare.com/mining/calculator/eth?HashingPower=1894.36&HashingUnit=MH%2Fs&PowerConsumption=1500&CostPerkWh=0.16
and using above hash rate x2 at 1500w
you will still profit mining ethereum at $4,472.54 per month

if you factor the cost of this example rig
https://pcpartpicker.com/user/xxhypernerdxx/saved/w832RB
your first month profit is $994.81

that's a 53.68k job to maintain this pc assuming perfectly stable or average market.

**disclaimer.
the exact wattage used is a ballpark guess and is actually lower due to efficiency and the fact that not all of it is used by the hardware.
also factor replacement of graphics cards and cost for cooling equipment to preserve the 1080ti's
your electric bill rates may vary

conclusion:
minus initial costs, there is literally no good reason you are not at least chasing half that money right fucking now.

discuss

What's going on with ETH right now? It's entering a bollinger band squeeze with little price fluctuation over the last couple days. Does Anon think it is going to spike up or down very soon, or just stay stable at $220 for a bit?

I sold at $184, expecting a dip and it mooned at $187. Now I'm trying to decide whether I should take my $2k from ETH and:

A) Buy back in now while it's stable, in case it shoots up again, and take a loss but HODL from now on

B) Take that money and put it into currently faster gaining alt coins and hope for an ETH dip to buy back in on, but risk it mooning during this time too

P-please I need some advice, Anon. Please no shill. 65% of my portfolio is stake here and I'm newfag to trading.

>>2037516
Not sure if it will happen by monday but definitely sometime in the next two weeks when more Ethereum alliance members are announced.

http://www.huffingtonpost.com/entry/rise-of-ethereum-a-new-blockchain-juggernaut_us_590b1229e4b05279d4edc304

>>1993851
>tfw I put all my BTC into ETH.

>BTC 0
>Ethereum 285
>POSW 0
>BitBay 0
>PIVX 0

>>1990086
>if ETH shoots to the moon

when*

told you all.

>>meme magic

>>1850606
Buy ethereum

ALL HAIL ETHEREUM

>>1300447
>>is your claim really that nothing will ever go wrong?
>yes

looooooooooooooooooooool

ITT: ETH GENERAL

Let's consolidate the topic to one thread edition

Who else bought the dip? Who else knew that India "kind of" mattered because simply put they're just dirty China?