Antminer S9 Profitability March 2018

How to make money with Antminer S9 in March 2018:

Click Here For Best Bitcoin Debit Card 2018

Click Here For Best Bitcoin Debit Card 2018

Click Here For Best Bitcoin Debit Card 2018

We are a participant in the Wirex App affiliate program, an affiliate advertising program designed to provide a means for us to earn fees by linking to wirexapp.com and affiliated sites.

what’s up guys welcome back to the channel my name is Bruce Wayne in today’s video I’m gonna be answering the question is the Antminer S9 still profitable if you were to buy it today so let’s look at take a look at the date it is February 27th pretty much it is March and the February is almost March and let’s take a look at the price of the Antminer S9 so the and -9 is one of the best basic miners and you can buy right now and the price of one is two thousand three hundred twenty dollars when you purchase one of these you also have to purchase a power supply one power supply is about one hundred and five dollars so total is about 2425 and if you were to purchase one today they’ll deliver it by probably the end of your I get it beginning of April yeah most likely because I got my pretty deep rear early so let’s take a look at some of the statistics or the specifications on these so these are the specs for the a minor s9 alright so this one is the tera hashes I already got that included let’s refresh this real quick so the s -9 tera hashes which is 13,500 gig — the power consumption is 1323 1323 the power cost for myself is actually 22 cents so I’ll do it for myself and then I’ll do it for maybe the average American power consumption normally pool fees are around three to four three four five percents let’s be very conservative and save me before and the hardware cost we said was 2425 all right so let’s calculate this for my power cost days to break-even is about five hundred and five days so as we can see from here it is not you won’t even break even within the first year with my power cost and so in one year I would be paying almost two thousand five hundred in power cost and my profits for annually would be only one thousand seven hundred fifty one dollars that is really bad so let’s check it out for probably around 10 cents that’s like the default power cost whenever I come into coin wars’ calm so if you want to you know do calculations go to coin Wars calm let’s scroll down break-even day two hundred eighty one days that is a bit more that’s a lot better power cost for one year will be about 1158 and your profits take-home profits are around $3,000 not too bad so I would say it is profitable if you have cheap power some places in America I heard like around in Texas you can get even down to you know commercial rates down to six cents per kilowatt-hour so let’s see if yours was six cents you would break even in less than 245 days one year you can make all this back and more that is if the difficulties say the same and if the price stays the same so obviously everyone that’s in Bitcoin right now we’re relatively bullish on technology so we assume and we hope that the price will keep going up maybe even past it’s you know all-time highs of 20,000 so all in all all in all the s nines are profitable if you have really cheap power I I can’t so for myself I shouldn’t even be you know mining but it’s already too late I already have all the I already have all the equipment and everything so I might even consider selling my my own it’s nice I have two of them I have 2 L 3 pluses I might do another video on the L three pluses later but if you want to buy an S 9 you can come here onto bit main comm pick one up when I was browsing their products I saw that they have a minor t9 pluses the thing about this is that it’s new but the terror hashes are a lot lower than the s9s and the power consumption is a lot higher so I don’t know why this is even out I think this might be like a cheaper version of the s 9s yeah they’re a lot cheaper they’re one hundred two thousand dollars and then the ant miner v9 which is something new — oh here we go that’s why and the bee Davina is only three hundred forty five USD oh so they’re coming up with like very small ant miners it’s kind of crazy I never knew they could make it that small I wonder if these would scale up a threes sold out let’s see here come on s9 that’s the one that you went over and these are all the power supplies power supplies all the same prices $105 so you know for anybody that’s holding a minor has nines right now let’s hope that the price of Bitcoin goes up or just move to someplace with cheaper electricity so just to show you some real-life data that I have I just recently swish all my miners and and miners back to nice hash because nice hash they actually have a pretty good reputation fact that they got hacked and they lost about 70 billion dollar million dollars worth of bitcoins but other than that they’re paying back all their customers that got screwed over such as myself and I just realized that if we take a look at some of their fees and whatnot all I know is that if you deposit or after you — certain amount of bitcoins they send it to their internal wallets and then afters in their internal wallets you can withdraw your bitcoins directly to coinbase and there’s no fees no you can pretty much do whatever you want so they lowered their fees by a lot from likes from whatever it was to free and that I’m all about free free transactions so so nice ash is making it my life a bit easier with free transactions to coin maze and here is just some live data for you guys so I just turned this on a few hours ago and I have two sha-256 and minor s9 is running and this is the average accepted speed there’s a no rejection speed which is great and here we go I’m gonna be making that is um before this is before before expenses so this is my income for all my rigs per month 1600 I should actually be making after I take out the electricity cost I should be making about just under a thousand or around nine hundred dollars worth mining here’s the active workers I named mine I’m hand miner s9 a and B so active speeds this is not act like sometimes nice hash statistics they’re not really that accurate so this is just what it is right now if I refreshed it these numbers would be completely different you know I just started these again on 1515 that is what is that 315 and you know it’s been running smoothly not too bad these prints 1080 T eyes these are my 10 ATT eyes obviously and and minor this ants held three ones these on my up and that’s all I want to show you so that’s gonna be it for today’s video thank you guys for watching my name is Bruce Wang if you got enjoy this video please give it a like also if you’re brand new to the channel please subscribe hit that notification leave a comment I’ll catch you guys on the next video thanks for watching bye.