/biz/ - Business & Finance

unless it keeps rising you are going to mine at a loss depending on what overinflated prices you pay for electricity. looks like you need 200 mhs at 0.18 per kwh to make a meager profit to break even never

>>53802908
the A2000 does 30mh/s and consumes 70w/h
7 of these is 210mh/s and 500w/h and my electricity is £0.42/kwh (ikr) which is £1 or $0.82 per hour. i know the 3090 did 14 coins per 24h but they slashed the rewards in half so thats 7 per 24h or 0.3/h and its 3x faster than the A2000 so we can say the A2000 does 0.1/h or 2.4 coins per 24h.

current price is $0.32, so these 7 A2000s would yield $0.72 per 24h. even with the slashed rewards in the most expensive country in the world thats only a $0.1 loss per 24 hours. the current market cap is $700m, if it goes to $1b this rig would be breaking even.

>>53803286
>and 500w/h and my electricity is £0.42/kwh (ikr) which is £1 or $0.82 per hour.
its half of that not double £0.25/h or $0.20/h

>thats only a $0.1 loss per 24 hours.
no its not its it like $19 loss per 24 hours HAHAHAHAHAHA

>>53803415
or $4 loss per 24h with the correct kwh calculation

I get free electricity and have ten L3++ working from my river. Pretty good income but it was way better years ago.

Oh sorry I thought this was a mining thread lol.