Hi there, I'm new to mining and I've got some money to invest. I'm thinking about buying an Antminer S9, since it has the best hashrate so far, as far as I know.
I've entered all the necessary details into Whattomine and according to the website, with the current BTC price, I should achieve ROI in approximately 80 days.
However, this is with an electricity price of $0.23 / kWh, which is pretty high. According to reactions and posts on this subreddit, most people consider mining not profitable when your electricity costs are above $0.16 / kWh. Yet, I should be making $0.73 / hour using an S9, according to Whattomine.
Where does this discrepancy come from? Is Whattomine not accurate, or did I miss a factor?
Any help would be appreciated.
Submitted November 28, 2017 at 06:46PM by doedesamba1 http://bit.ly/2BrJMYx
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