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Isn't the number 80-90% based on electricity price?
by NullPrefix 9y ago
Isn't the number 80-90% based on electricity price?
- emiliobumachar 9y agoI'm afraid I have no idea. I vaguely remember reading about it, do not remember where.
- imtringued 9y agoElectricity prices matter but lower prices give diminishing returns. Going from $0.20 per kWh $0.05 to per kWh only increases profits by 50% http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=27.9&p=115.0&fee=0.0&cost=0.05&hcost=300.0&commit=Calculate http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr... vs http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=27.9&p=115.0&fee=0.0&cost=0.05&hcost=300.0&commit=Calculate http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr... and going from 0.05 to -0.05 only increases it by 20% http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=27.9&p=115.0&fee=0.0&cost=-0.05&hcost=300.0&commit=Calculate http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr... By the way, these mining calculators are very "optimistic" but for relative comparisons they are sufficient. In practice you will get significantly less because of increasing difficulty and hidden costs like motherboards, CPUs, etc.