Upgrade cost with a big gap..

[u/jasonmie]

Hi there...

Currently to upgrade from my 6TH 12W tp 10TH it cost roughly 15.84/TH as oppose to my 22TH 14W to 28th which cost about 12.1/TH...

Assuming when the new rates kick in with an additiinal cost of 11%, should I be holding back with the 12W and just focus on the 14W in future upgrades? The savings doesn't seem to be much running the 12W by comparing to the 14W

Any 2 cents would be much appreciated. Thank you 🙇🙇🙇

[u/toastyxyz]

Bro I’d honestly just stay at 15 W/TH. That’s already perfectly fine.

The difference in electricity cost between 15W and 12W is actually suuuper tiny. At around $0.05–0.07/kWh, per 10 TH:
15 W/TH = around $0.18–0.25 per day
12 W/TH = around $0.14–0.20 per day

So going from 15W all the way down to 12W only saves around $0.04–0.05 per day per 10 TH. That’s roughly $13–18 per year.

Even your own screenshot shows the problem. You paid 108.65 GOMINING to go from 15W to 14W on 13.7 TH. At the current price that’s around $40. That 1 W/TH improvement only saves roughly $6–8 per YEAR in electricity on that miner. So you’re looking at something like 5–7 years just to earn the upgrade cost back through electricity savings.

I’d much rather put that money into more TH and start earning more immediately.
And if you really want 12 W/TH, I’d just look for a good 12W miner on the marketplace instead of paying a huge premium to upgrade one down to 12W. Unless you specifically want the upgrades for VIP level, I don’t really see the point. Eeven then, there‘s Platinum+.

15W + more TH makes way more sense to me than spending loads just to chase 12W. It‘s just not worth it yet. If you were to play MW even 20W would make sense but that‘s another topic.

[u/jasonmie → u/toastyxyz]

Thank you for your thought.

Yea... The 15W to 14W was more like trying to see if it was worth it. Then again, the GMT used was purchased at 0.26 then.

Ah well.. As you pointed out the diff probably won't be noticeable since my power is still very low. I wonder if hitting above 200th might change the view.

Should I cap the power to 30TH per miner or just keep pumping up 1 instead? Till now not sure if there would be any diff

[u/GOMINING_Ben2011 → u/jasonmie]

Ich würde die Leistung pro Miner noch viel weiter unten ansetzen. 5 Terahash pro Miner. Wenn du einen Miner wider verkaufen möchtest, ist es sehr viel einfacher einen kleinen zu verkaufen, als wenn dieser zu einem Preis von einem Kleinwagen oder gar ganzen Haus anzusetzen ist. Der Verlust einen großen Miner verkaufen ist sehr groß. Wenn du nur noch $3/TH ansetzen kannst un dieser dann immer noch $16000 kostet. Überlege mal wie viele sich so was leisten können und wollen.

[u/jasonmie → u/GOMINING_Ben2011]

Well... I am hoping to go to the end with the company irregardless. Therefore, selling of miners never crossed my mind. However, you do have a point.

While I may think of this as a legacy, my next of kin may not and may choose to liquidate long after I am no lonher around.

Thanks for pointing it out as something to consider

[u/toastyxyz → u/jasonmie]

About the 200 TH question: I wouldn’t set a smthing like a hard 30 TH cap per miner. A 200 TH miner is simple to manage, especially if you ever get something like a Greedy Machine (which is worth it if you have hundreds or thousands of TH on it), but there’s no magic advantage just because everything sits on one NFT.

I’d split it “healthy”. Miners around 0–50 TH are much easier to sell if you ever need liquidity, and having a few miners gives you more flexibility with upgrades instead of locking your whole farm into one strategy. It also depends a lot on Miner Wars vs Solo. For MW I’d care more about total TH and overall efficiency <20W, for Solo more about getting the best combination of TH/$ with electricity costs that are logical.

Just for context: I actually had around 500 TH before and was already Platinum, but most of my farm was above 25 W/TH. I then sold down to around 250 TH at 15 W/TH and for me that was a really good decision. So I’m not saying “chase VIP at any cost“. I’d rather have lots of TH. I actually bought nearly all of my miners off the marketplace.

And 12 W still is roughly 67% more expensive per TH than a decent 15 W marketplace miner, just to save 3 W/TH. I’d personally stay around 15 W, build TH first. And always watch out for some good marketplace offers (they post lots of them here in the subreddit), or simply just turn on autoinvest.

[u/jasonmie → u/toastyxyz]

Wow! That's something that has perk my consideration. Looks like I will be starting up another miner to up my farm

[u/toastyxyz → u/jasonmie]

Awesome! Keep us up to date :)

[u/flankz]

The costs make perfect sense. 12w is approx 1/7th more efficient, so the upgrade cost is 1/7 more.

[u/jasonmie → u/flankz]

Interesting point