Bitcoin Mining Update: Power Usage Costs Across the United States

news · July 13, 2011

Earlier this week we looked at Bitcoin mining performance across a

large range of GPUs but we had many requests for estimates on the cost

of the power to drive them. At the time we were much more interested

in the performance of these configurations but now that we have that

information and we started to look at the potential profitability of

doing something like this, look at the actual real-world cost of

running a mining machine 24 hours a day, 7 days a week became much

more important.

Quote: "If you are running "The Beast" as your mining system you can

expect a price for power as high as $1,477 each year which will

obviously affect your profit margins to say the least. Even the

Radeon HD 5830, one of the community's most popular cards, it can cost

you anywhere from $169 / year up to $325 / year - as much as three

times the cost of the GPU itself!"

Thanks for a post!!

Ryan Shrout

PC Perspective

rshrout ( -at -) pcper.com

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