Hi fellow cryptocurrency miners ,
Yes, 2018 sucked. I know. I own 25 S9 Antminers and 5 Dragonmints (for which a paid a shit ton of money for late 2017) myself.
My colleagues and I started up our own mining facility in Canada at around the same date in the hopes of creating a profitable situation but we struggled at the beginning of 2018 to keep costs down and barely broke even most months with the cryptocurrency price decline and the high competition of mining power bring the returns down too low.
The latter half of 2018 was even worse as we were experiencing losses for not only ourselves but for our clients that we were hosting as well. Monthly pricing for an S9 miner was at $150 CAD per month, but none of the machines were coming close to breaking even. When you do the math, and S9 miner is returning approximately $4 CAD per day today so that's about $120 CAD per month.
Being in northern Alberta, where power is abundant and cheaper, we were finally (recently) able to work out an upgrade to our facility that has increased on power and lowered costs significantly. We are now able to provide pricing starting at $93.38 CAD per month. This price range is if you have 50 to 100 units and prepay for one year. But our pricing model is sliding based on a variety of volumes and contract durations and there are many combinations that can get you pricing under $120 per month per unit to at least get your units profitable during this tough time.
I'm not going to list out the company name here or be too promotional because I want to respect the community rules but please send me a direct message if you're interested and I can provide a specific quote based on your situation, types and quantity of miners you have.
I'd also love to discuss what other miners are doing to deal with this tough situation. Where are you hosting your units? Have you been able to find a profitable situation and what kind of numbers are you getting? Are you still mining at a loss and holding because you are a true believer?