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Title: Is it worth buying 3 or 4 S9's at this point Post by: lippsman on September 20, 2017, 02:37:46 PM I see many post saying it's a wast of time for home miners and post that say you can still turn a profit.
In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU. Sorry for the noob question Thanks Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: Philopolymath on September 20, 2017, 11:30:23 PM Ask me again in 3 years.
Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: philipma1957 on September 20, 2017, 11:46:20 PM I see many post saying it's a wast of time for home miners and post that say you can still turn a profit. In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU. Sorry for the noob question Thanks okay a 30 amp 240 volt circuit gets derated 80% = 24 amp 6 amp per s-9 means you can run 4 s-9's below is a next to perfect way to setup 4 s-9's even though for that thread he wants to mine other stuff the power parts work for you. https://bitcointalk.org/index.php?topic=2192299.msg22020934#msg22020934 so 600 + 4 x 1600 = 7000usd do I think it would make a profit maybe maybe not. if price stays at 4k and growth = 2% yes unless gear breaks if price stays at 4k and growth = 3% yes unless gear breaks if price stays at 4k and growth = 3.5% maybe yes if you sell your gear at the right time. Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: Philopolymath on September 20, 2017, 11:59:27 PM I see many post saying it's a wast of time for home miners and post that say you can still turn a profit. In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU. Sorry for the noob question Thanks okay a 30 amp 240 volt circuit gets derated 80% = 24 amp 6 amp per s-9 means you can run 4 s-9's below is a next to perfect way to setup 4 s-9's even though for that thread he wants to mine other stuff the power parts work for you. https://bitcointalk.org/index.php?topic=2192299.msg22020934#msg22020934 so 600 + 4 x 1600 = 7000usd do I think it would make a profit maybe maybe not. if price stays at 4k and growth = 2% yes unless gear breaks if price stays at 4k and growth = 3% yes unless gear breaks if price stays at 4k and growth = 3.5% maybe yes if you sell your gear at the right time. THAT IS EXACTLY WHAT I DID....TWICE! Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: lippsman on September 21, 2017, 12:21:19 AM Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info.
Thanks Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: philipma1957 on September 21, 2017, 01:15:39 AM Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info. Thanks well you could argue buy 3 coins for about 3900 + 3900 + 3900 = 11700 put them in an exchange and put them up for sale at first for 4900 second for 5900 ⅓ for 6900 if they go up in a year you get 4900 5900 2300 13100 back and still have ⅔ of a coin Title: Re: Is it worth buying 3 or 4 S9's at this point Post by: castiel0504 on September 26, 2017, 04:59:47 AM Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info. Thanks well you could argue buy 3 coins for about 3900 + 3900 + 3900 = 11700 put them in an exchange and put them up for sale at first for 4900 second for 5900 ⅓ for 6900 if they go up in a year you get 4900 5900 2300 13100 back and still have ⅔ of a coin I am really glad when i see your comments, your totally thoroughly replies toward new members are really encouraging. You even do the math and explain perfectly any thing Why, What, When, Where and How. I really like reading your replies. Thank you sir for making this community great ! |