Bitcoin mining, Antminer S9, $790 USD/month profit
Disclosure: Mining metrics are calculated based on a network hash rate of 13,823,824,128 GH/s and using a BTC - USD exchange rate of 1 BTC = $ 16838.21. These figures vary based on the total network hash rate and on the BTC to USD conversion rate. Block reward is fixed at 12.5 BTC and future block reward reductions are not taken into account. The average block time used in the calculation is 600 seconds. The electricity price used in generating these metrics is $ 0.132 per kWh.
https://www.cryptocompare.com/mining/ca ... rkWh=0.132
Antminer S9 Specs:
https://shop.bitmain.com/antminer_s9_as ... ifications
CryptoCompare shows a $790.46 USD profit per month with the following input:
1 BTC = $ 16838.21
Hasting power: 14
Power consumption (w): 1372
Cost per KW/h ($): 0.132
$790 USD/month is the total mined - total cost.
$790 is very profitable. Mining 0.05 BTC/month is very good when the current BTC price is $16k.
"According to the above inputs, the S9 will produce** 0.285 BTC / $159 per month** and 3.36 BTC / $1939 per year." - June 27, 2017 article
https://www.buybitcoinworldwide.com/min ... tminer-s9/
buybitcoinworldwide.com June 27, 2017 article shows only a profit of $159/month but BTC then was 1BTC = $2500USD.
Is it very profitable to run a bitcoin Antminer S9 now with profit of $790 USD/month?