That is true, however, with the current value of Bitcoin and Difficulty, the earnings care for the cost and still provide a good amount of return. That is assuming you don't live in a country with high electricity costs. Here in the US my monthly earning with electricity costs is 900+ USD and I ROI in less than 2 months. When I lived in the Philippines however, that was a completely different story where I had to consider the heat and the high electricity costs which would have nearly cut my current earnings by almost 2/3s.
RE: Unboxing and Review of Bitmain Antminer S9
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Unboxing and Review of Bitmain Antminer S9
I live in Canada. Our electricity costs are SOOO HIGH. I will probably get close to $2000.00 a month just to maintain it. But yes, I haven't really looked into doing it. It should be interesting to see to know more about them.
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Ouch.
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Did you order direct from Bitminer? I see a bunch of different items are sold out. Any alternatives that are reasonably priced?
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Yep, I ordered directly from Bitmain. I pre-ordered 3 months before shipment. Knowing Bitmain, they will probably announce another batch of S9s after the Christmas break, however, you will probably need to wait 3 months before it ships out. That is their new operating model.
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Appreciate the insight. Let us know how the mining is going once you have it all up and running.
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They just announced another batch of S9s this morning for a February shipment.
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There already sold out.
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