Should I? Does anyone have a calculator for XMR mining?

At $0.07/kwh at 2% fees, you're only profiting $4.06 per day which is $1,481.90 per year. But the device costs $2,999. And a recurring monthly fee of $68.04/month. So that's an extra $816.48 per year on top of the $2,999. So in two years, your profit would be $2,963.80 which pays off the miner. But you still have another about $1,632.96 from electricity bill from the first two years. So in year 3, you spend another $816.48 which brings a total electricity cost to $2,449.44. So by the end of year 3, you're finally have your miner paid off and previous electricity bills covered. But that does not adjust for any changes in electricity rates or difficulty and/or any required mx on the miner. Versus, you just drop $3,000 into XMR now and hodl it.

0

03.09.2023

Nik

Monivong (You spam, I ban!)
At $0.07/kwh at 2% fees, you're only profiting $4....

Also pray mining difficulty doesn’t increase once more “professional miners” join 😅

0

03.09.2023

Erick

Monivong (You spam, I ban!)
At $0.07/kwh at 2% fees, you're only profiting $4....

Might as well apply this rationale to any mining CPU right now though.

0

03.09.2023

Nik

Erick
Might as well apply this rationale to any mining C...

Isn’t everyone mining with whatever hw they already have or they can access

0

03.09.2023

Maybe

Nik
Isn’t everyone mining with whatever hw they alread...

That's what I'm going to try. At least the electricity is free, but the hardware is so in underpowered by today's standards it's probably pissing in the wind.

0

04.09.2023

Monivong (You spam, I ban!) Автор вопроса

Erick
Might as well apply this rationale to any mining C...

Yeah. I thought XMR was supposed to be non-asic type.

0

04.09.2023

Nik · Accepted Answer

Nik

https://www.asicminervalue.com/miners/bitmain/antminer-x5

0

03.09.2023

209 похожих чатов

Should I? Does anyone have a calculator for XMR mining?

9 ответов

Похожие вопросы