How Much Price To Continue Mining - Pow

Discussion in 'Proof-of-work Mining' started by Heumos, Feb 23, 2016.

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  1. Heumos

    Heumos New Member

    Feb 1, 2016
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    Male
    Hey guys ,I just need an estimate bout the price.I am not a miner myself and i just want to know the rough Price for it to be profitable.

    Sorry,if its annoying but that is not the purpose.
     
  2. sambiohazard

    sambiohazard Sr. Member

    Jan 21, 2016
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    372
    It all depends on your power consumption & per unit cost for power. For example, my PC consumes 210W for mining and my power per unit price is 12 cents. so My daily unit consumption is 24 * 210/1000 = 5.04 Kwh. My daily power cost is 5.04 * 0.12 = 0.6048 cents. If i can sell my DCR for more than that in BTC then its profitable.
     
  3. Heumos

    Heumos New Member

    Feb 1, 2016
    12
    2
    Male
    Yeh I know that ...so for an average miner it's 0.0015 to be profitable. Right ?

    Thnks.
     
  4. sambiohazard

    sambiohazard Sr. Member

    Jan 21, 2016
    844
    372
    Yeah that is about it, although for last few days it has been very close in profitability in comparison to mining FTC or DGB or VNL. Although price of those coins are fluctuating so it depends on how much BTC you can get.
     

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