What's your take on how much 1TH should run for?
After factoring in electricity, what's the best price you'd consider for 1TH?
I get that electricity costs are key, but what's a solid price-per-hashrate deal for you?
What should the price of a terahash be
7 replies 448 views
orbit_falconMember
Posts: 704 · Reputation: 130
#2Jun 13, 2023, 07:00 AM
I've never done such calculations. I was more interested in the final profit, because you'll always have additional expenses. If your electricity costs 2 cents, you can use even the very first 19-series ASICs at 90 TH and you'll always make a profit. I think the main thing is to buy an ASIC that won't cause you problems with repairs and breakdowns.
wolf_vectorNewbie
Posts: 130 · Reputation: 30
#3Jun 15, 2023, 11:50 AM
You're not actually buying terahash, you're buying watts dressed up as terahash. And yeah, saying "if you have 2 cents power you'll always profit" is optimistic.
Low power does help a ton, but difficulty climbs, price dumps, machines die, and all sorts of other disasters can occur.
I'd prioritize efficiency and reliability first, then think about $/TH.
orbit_falconMember
Posts: 704 · Reputation: 130
#4Jun 15, 2023, 05:49 PM
I know that most shadow miners choose cheaper equipment and places with lower electricity prices.
It looks like you are planning to buy terahash from some sellers on miningrigrentals?
I think it depends on the unit power efficiency, like the sample. I think the S19 XP could draw 22watts per 1 terahash.
Without the electricity fee, you could make $0.0383 per 1 terahash with the current difficulty. That should be the cost per day with 1Th.
You can calculate it for yourself using this tool: https://www.mycryptobuddy.com/BitcoinMiningCalculator
wallet_forkNewbie
Posts: 1822 · Reputation: 24
#6Jun 16, 2023, 02:47 AM
If I sold him hash with my t21 I would want 10-15% over what it can hash I can give him 180th it earns 180 x 3.92 cents or
180x0.0392= $7.056 I would charge $8 or
8/180=0.0444
so yeah 4.44 cents a th would be my charge.
0.0392x1.13=0.044296
it is a 13% markup
and that's fair because he never purchased the gear. so my markup is for the gear I own and the labor to program it for him.
here are the 2 units 61th and 121th
Reasonably aim somewhere to 9 TH including shipping for BTC mining. And for electricity in USA you have quite good deals in Texas - but it is quite hot there. Or you can try hosted services where they have already good deals and lower electricity.
So up to 9 USD . Like S21 200TH we get now for about 8 USD per TH including shipping and declaration and in USA. We locked about 400 pieces -- the last in the market
Just I prefer to go with less expensive machines and pay little bit more for infrastructure to have cheaper electricity.
orbit_falconMember
Posts: 704 · Reputation: 130
#8Jun 16, 2023, 05:38 AM
How much do you pay for electricity?
My calculator shows that at 7-8 cents per kilowatt, this equipment is almost unprofitable.
Cheap electricity offers many more advantages than the price of 1 terahash of equipment. The cheapest and most relevant are the 6th and 7th generation ASICs. The 9th generation is the most modern and expensive.
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