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by burn_cycle 1374 days ago

  Seems like an epic pain in the ass for a 4.1% yield 
I complain about gas prices as much as everyone else, but that seems pretty good. Does anyone know how much the typical miner was making with POW?
1 comments

At the height of the last crypto boom, with elevated GPU prices, you could expect to make back your investment (with electric costs) in about 200 days. Assuming that means a 2.5% per-day return, that could be extrapolated to be ~60% return for the rest of the year, which figures out to about 27% return for the entire year. That's back of the napkin as it assumes you only run the machine for a year (warranty period of the equipment), crypto prices stay the same, and miner competition stays the same. It also doesn't account for facilities costs, salvage value of the equipment, or the (relatively limited) labor costs of setting up and maintaining the computers.
"Hive notes that the company’s ethereum mining operations have “historically generated 3 to 4 times more revenue per megawatt than bitcoin mining.”

https://news.bitcoin.com/publicly-listed-miner-hive-plans-to...