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Re: RoadMagic post# 26539

Friday, 05/10/2019 9:30:25 AM

Friday, May 10, 2019 9:30:25 AM

Post# of 35908
Mining Profits Explanation.
If they are using Antminer S9 (11.5Th) Which is pretty much the top of the line product that looks like the pictures. Then 10 of them make about $30 a day when bitcoin is $6000 With a Power consumption of 15 Kilowatts a day.
So 100 of them make $300 a day at 150 Kilowatts. So, even with cheap electricity mining bitcoin is not hugely profitable.
If they are mining other coins, and those are different miners then they are making a little more or a little less.
I don't have the specs, but from the pictures their mining profit is less than $120,000 a year.
So, CBD is a great direction.


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