CryptoCurrency Miners, Which Electricity Provider Are You with? Recommendation for Large Usage?

aboutconfig on 21/12/2017 - 18:46
Last edited 22/12/2017 - 09:25 by 1 other user

Hi fellow OzBargainers,

If you are a CryptoCurrency Miner,
Which Electricity provider are you with at the moment?

Any recommendation for large usage amount?

The typical load is 120KWh per day.

Calamvale 4116, no solar panel.

Maybe I should get the solar panel and save?

Thanks.

Comments

airal3rt on 21/12/2017 - 18:59

+6

Which coins are even profitable to mine currently with Australian electricity prices?
- GarrusVakarian on 21/12/2017 - 19:06
  
  man has a point. you'll need solar to turn a profit or mine and hodl until the currency's price goes up.
  
  At that stage, you may as well just spend your money on the currency itself and hodl
- No on 21/12/2017 - 20:17
  
  +1
  
  Ethereum is profitable at the moment.
  
  I pay $1.50 a day (before taking into account my solar panels) to make $2.81 USD in ethereum with 1 x RX580 card. Im not going to get rich with my one card but it does cover the cost of leaving my PC on 24/7.
  - borntospeed on 21/12/2017 - 21:47
    
    Would you say that Ethereum is more profitable or Ehtereum Classic is better for mining?
    - No on 21/12/2017 - 21:57
      
      Not sure sorry mate, I haven't researched it much. I am not well versed in this stuff.
- Pigey on 21/12/2017 - 20:27
  
  +3
  
  Running a 4xGPU RX580 rig at the moment
  
  Using about 500W, solo mining ETH and undervolting.
  So about 12.5c/hr @ 25c/kWh. (I'm in WA)
  So that's $3/day electricity.
  
  At current ETH rates am mining about US$13/day.
Diji1 on 21/12/2017 - 20:17

-2

120kW/h is not large usage …
- dom on 21/12/2017 - 21:56
  
  +1
  
  About 7 or 8 average households …