Some changes has occurred from my last report a month ago. Bitcoin has climbed at 11000$ level! Altcoins start growth as well. At the same time Bitcoin mining difficulty has a recession in November. Probably some miners have switched their gears to Bitcoin Cash.
Also we saw 50x (!) increase in 3 months in DASH mining difficulty due to new X11 ASICs supplies. Such rapid jump cause mining profit to decline in spite of the coin price increase. Could it happens with other currencies?
I've added ASICs and GPUs to my mining comparison. The advantage of your own equipment is that mining not limited to contract time and a cloud provider will not cheat you, but you should trust to mining pool anyway.
ASIC-S9: # 2500$ 1370W
BTC:
mine: 1.85 # USD per 10Ghps (2500$ / 13500 / 10 GH/s)
maint: 0.00167 # USD daily per 10 GH/s
ASIC-L3+: # 2700$ 800W
LTC:
mine: 5.4 # USD per MHz/s (2700$ / 500 MH/s)
maint: 0.00263 # USD daily per MH/s
ASIC-D3: # 1450$ 1200W
DASH:
mine: 0.1 # 1450$/15000 MHz/s
maint: 0.00013 # USD per MH/s
GPU-1060: # 285$
ETH: # Ethash 90W 22.5MH/s
mine: 1.267 # 285/22.5*0.1MH/s
maint: 0.000657
ZEC: # Equihash 90W /s
mine: 1.055 # 285/270
maint: 0.000548
XMR: # Cryptonight 70W 430H/s
mine: 0.6628 # 285/430
maint: 0.000267
So, we have following parameters at current mining difficulty level:
| | rate | coins | price | mine | maint |
|--------------+----------+------------+----------+--------+----------|
| ETH-GM | 100 KH/s | 1.6935e-05 | 0.04098 | 2.99 | 0 |
| ETH-HF | 100 KH/s | 1.6935e-05 | 0.04098 | 1.65 | 0 |
| ETH-GPU-1060 | 100 KH/s | 1.6935e-05 | 0.04098 | 1.267 | 0.000657 |
| BTC-HF | 10 GH/s | 1.87e-06 | 1 | 1.4 | 0.0035 |
| BTC-ASIC-S9 | 10 GH/s | 1.87e-06 | 1 | 1.85 | 0.00167 |
| XMR-GM | 1 H/s | 1.553e-05 | 0.01746 | 0.833 | 0 |
| XMR-GPU-1060 | 1 H/s | 1.553e-05 | 0.01746 | 0.6628 | 0.000267 |
| DASH-HF | 1 MH/s | 5.1e-07 | 0.06727 | 0.65 | 0 |
| DASH-ASIC-D3 | 1 MH/s | 5.1e-07 | 0.06727 | 0.1 | 0.00013 |
| ZEC-GM | 1 H/s | 1.535e-05 | 0.02853 | 1.9196 | 0 |
| ZEC-HF | 1 H/s | 1.535e-05 | 0.02853 | 1.2 | 0 |
| ZEC-GPU-1060 | 1 H/s | 1.535e-05 | 0.02853 | 1.055 | 0.000548 |
| LTC-HF | 1 MH/s | 0.00033465 | 0.008855 | 5.6 | 0.005 |
| LTC-ASIC-L3+ | 1 MH/s | 0.00033465 | 0.008855 | 5.4 | 0.00263 |
Columns:
rate - Unit rate for calculation
coins - Coins generation per unit rate (from online calculators)
price - Price per coin in BTC (from Coinmarketcap)
mine - Mining cost per unit rate, USD
maint - Maintenance fee, USD
Genesis-Mining (GM) currently propose only ETH, ZEC and XMR contacts, other currencies are out of stock. Hashing24 is sold out. Hashflare (HF) currently sale contracts with discounts, but please be aware that HF had voluntary changed BTC contract rules from Sept. 1 and will terminate already sold lifetime contracts in 1 year.
Mining profit calculation (BTC price 11795 USD):
invest fee earn usd_100 revenue maintenance \
BTC-HF 100 0.25 1.57542 1.32542 575.029 91.25
BTC-ASIC-S9 100 0.0902703 1.19221 1.10194 435.157 32.9486
LTC-ASIC-L3+ 100 0.0487037 0.647312 0.598608 236.269 17.7769
ETH-GPU-1060 100 0.0518548 0.646073 0.594218 235.817 18.927
LTC-HF 100 0.0892857 0.624193 0.534908 227.831 32.5893
ETH-HF 100 0 0.496106 0.496106 181.079 0
XMR-GPU-1060 100 0.0402836 0.482753 0.44247 176.205 14.7035
ZEC-GPU-1060 100 0.0519431 0.489764 0.437821 178.764 18.9592
ZEC-HF 100 0 0.430584 0.430584 157.163 0
XMR-GM 100 0 0.384116 0.384116 140.202 0
DASH-ASIC-D3 100 0.13 0.404665 0.274665 147.703 47.45
ETH-GM 100 0 0.273771 0.273771 99.9264 0
ZEC-GM 100 0 0.269171 0.269171 98.2475 0
DASH-HF 100 0 0.0622561 0.0622561 22.7235 0
profit return percent
BTC-HF 383.779 2.53333 383.779
BTC-ASIC-S9 302.208 3.03333 302.208
LTC-ASIC-L3+ 118.492 5.6 118.492
ETH-GPU-1060 116.89 5.63333 116.89
LTC-HF 95.2413 6.23333 95.2413
ETH-HF 81.0787 6.73333 81.0787
XMR-GPU-1060 61.5014 7.56667 61.5014
ZEC-GPU-1060 59.8047 7.63333 59.8047
ZEC-HF 57.1633 7.76667 57.1633
XMR-GM 40.2025 8.7 40.2025
DASH-ASIC-D3 0.252669 NaN 0.252669
ETH-GM -0.0736409 NaN -0.0736409
ZEC-GM -1.75248 NaN -1.75248
DASH-HF -77.2765 NaN -77.2765
Columns:
invest - Calculate profit per each 100 USD investment
fee - Daily expenses per purchase rate
earn - Daily revenue per purchase rate
usd_100 - Daily profit per invested 100$
revenue - Revenue per year, USD
maintenance - Maintenance fee per year, USD
profit - Profit per year, USD
return - Return of investment, months
percent - Return percent per year, USD
The column "usd_100" shows daily profit per 100 USD investment. I could compare some values with real payouts from Hashflare mining:
usd_100 roi
BTC 1.41691 2.3
ETH 0.354177 9.5
LTC 0.25544 13.0
As you could see, the BTC profit and ROI are corresponding to the calculated above values, but ETH and LTC profit are lower. I don't know why LTC profit is so significantly (2x) less.
BTC mining is more profitable than altcoins with ROI about 3 months. But who know what the price will be in future...
The calculation was done with assumption of constant price and difficulty level. This is just my personal research and not an investment advise.
So - are you "renting" or did you go buy your own mining hardware?
I've tried some cloud mining service and not decided yet with own hardware.
Here is my new research update