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Title: 2x S7 before/after halving thoughts Post by: Eyedol-X on July 10, 2016, 03:44:38 PM So I have 2x S7 mining and prior to the halving they were generating about .25 BTC every 10 days or so for the last month -- now post halving the estimated payout for them to generate the same .25 BTC is now 22 days.
Even given a scenario of free power, is it really worth it at this point? It seems to me it would almost be worth it to sell the S7s right now and switch to an alt coin as there are some out there that would generate more BTC for the same power in a given time frame. Anyone else having the same or similar thoughts -- or is there some piece of information that I'm missing? I read speculation before the halving that people expect the difficulty to drop post halving, does anyone think this will still occur? The only way I see diff dropping is if miners pull out and global hash rate drops. Title: Re: 2x S7 before/after halving thoughts Post by: Rapidgator on July 10, 2016, 04:24:27 PM If you want to sell your S7 please let me know.
Reply here or PM price and other details. Cheers :) Title: Re: 2x S7 before/after halving thoughts Post by: talks_cheep on July 10, 2016, 04:45:26 PM I don't see diff dropping any time soon. Most miners have anticipated the halving and were preparing. Anything prior to S7 are obsolete at this.point, S7 and S9 are obviously fine. As S9 replaces S7 and previous model miners, diff will jump. Funny Bitmain has not halved the price of S9 miner. They must think there are enough fools who's stupid to buy their over priced house burners.
Title: Re: 2x S7 before/after halving thoughts Post by: Rapidgator on July 10, 2016, 04:56:22 PM Title: Re: 2x S7 before/after halving thoughts Post by: notlist3d on July 10, 2016, 06:49:36 PM So I have 2x S7 mining and prior to the halving they were generating about .25 BTC every 10 days or so for the last month -- now post halving the estimated payout for them to generate the same .25 BTC is now 22 days. Even given a scenario of free power, is it really worth it at this point? It seems to me it would almost be worth it to sell the S7s right now and switch to an alt coin as there are some out there that would generate more BTC for the same power in a given time frame. Anyone else having the same or similar thoughts -- or is there some piece of information that I'm missing? I read speculation before the halving that people expect the difficulty to drop post halving, does anyone think this will still occur? The only way I see diff dropping is if miners pull out and global hash rate drops. If you have free power yes it would be worth it to mine with. They are still good miner's that did not change over having. You just want to buy at a price over time you will ROI which with free electricity... should be not to hard to do. But if I had free electricity I would not have a problem mining 1 gen old gear S7 or Avalon 6's. But I need more efficiency as I pay for electricity at a decent price. |