Ethereum update: The average rig will become unprofitable after September 2019 and will only net 50% ROI
These are the stats I have used:
Hashrate – 240Mh/s
Power draw – 1100W
Electricity cost – $0.11/kWh
Rig Price – $2400
Using this site: [http://www.mycryptobuddy.com/EthereumMiningCalculator](http://www.mycryptobuddy.com/EthereumMiningCalculator) which accounts for rising difficulty, this rig will no longer be profitable in September of 2019. By that time, it will only have mined $1252 in profits. This is assuming the rig has 100% uptime and no hardware failures.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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