Best Miners to Buy at 1 Cent Per kWh | Insights from Users
With electricity prices sitting at 1 cent per kilowatt-hour, a lively discussion is underway in the mining community. Miners are debating which equipment provides the best value, aligning this with efficiency, budget, and long-term strategy.
A Discussion on Efficiency and Budget
In recent debates, miners weigh their options with various equipment. One miner highlighted their setup: "If I run 72 S19 Pro Hyd at 184TH, I’ll rake in $720 per day, which leads to $627 profit after $93 in electricity costs." This shows a tangible view on profitability.
Interestingly, another contributor pointed out differing considerations based on energy costs, mentioning: "At 1 cent, you can run practically anything, but it comes down to money, scale, and power."
Equipment Preferences and Reliability
Miners continue to voice preferences for various brands, with some excited about the Avalon Q as a modern choice for efficiency. Others expressed skepticism towards certain brands. One miner criticized Bitmain: "I’m giving up on them; they fail too frequently." This trend towards newer, reliable options reflects a shifting mindset.
Moreover, participants suggested that regardless of the equipment’s efficiency, the low electricity rates can allow for a broader selection. "Shouldn’t I go with something less efficient to achieve high J/TH and low $/TH for faster ROI?" This perspective illustrates a shift in strategic priorities.
Long-Term Considerations
As miners reflect on sustainability, budget and longevity emerge as critical themes. A user noted, "If you're on a tight budget, older machines can yield quick returns but are riskier. If you can afford it, investing in newer models may save you headaches in the long run." These comments underline the need for balancing immediate gains with long-term strategies.
"With energy at 1 cent, consider starting your own facility," a user suggested, hinting at possible entrepreneurial opportunities in the current market conditions.
Key Points from Recent Conversations
⚡ Many lean toward the Avalon Q for modern efficiency.
🔎 "It's all about limiting factors: money, scale, power" – highlights the multifaceted decision-making process.
📈 Older machines can still be profitable, yet they carry higher risks.
As the mining sector evolves under the influence of fluctuating energy costs, these discussions showcase concerned miners reassessing their approaches. While some express optimism about the potential returns, others are cautious, hoping to leverage the current energy landscape while planning for future changes in the market.