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Is this surprising when a single coin is almost $51k? Perhaps a better question is how much equipment does it take to mine a single coin over the course of 6-12
by pc86 6y ago
Is this surprising when a single coin is almost $51k? Perhaps a better question is how much equipment does it take to mine a single coin over the course of 6-12 months.
- downrightmike 6y ago700 th/s will get you about 1.25 btc a year. That at say 13 th/s a miner asic, at a cost of $800 per asic works out to ~$44k upfront and then each asic burns at least 1k/hour for about another $37k if you get power at 7 cents/kw. Then add cooling and data.
- axiosgunnar 6y agoWhich, multiplied by 365, equals around 17 million USD. My guess was correct! :-D