Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: gadgetsrepair on November 07, 2017, 12:56:29 PM



Title: Which coins can i mine with 8 pcs of antminer S2 ? Ethereum?
Post by: gadgetsrepair on November 07, 2017, 12:56:29 PM
i used to mine bitcoins  with those antminers S2 almost 3 years ago with profits, offcourse not any longer with the limited hash power.

can i mine ethereum or any other coins with those S2?

and make money , not make my local electricity company rich.


Title: Re: Which coins can i mine with 8 pcs of antminer S2 ? Ethereum?
Post by: dagarair on November 07, 2017, 02:06:54 PM
They would make great boat anchors...


Title: Re: Which coins can i mine with 8 pcs of antminer S2 ? Ethereum?
Post by: gadgetsrepair on November 07, 2017, 08:27:56 PM
 :D but why people still pay about $250 for them on ebay?


Title: Re: Which coins can i mine with 8 pcs of antminer S2 ? Ethereum?
Post by: Cereberus on November 07, 2017, 08:52:49 PM
The S version of Antminer is only to mine SHA256 algorithm which is the Bitcoin algorithm. In case you have not free electricity they are not worth it, and even with free electricity I doubt they would do you any good.

As you see in the link below, the S2 makes you 1.26 USD  a day with the price of bitcoin being 7255 without considering energy and maintenance cost. That number I am sure would be - or negative if you add the energy consumption.

http://bitcoineval.com/hardware.php (http://bitcoineval.com/hardware.php)


Title: Re: Which coins can i mine with 8 pcs of antminer S2 ? Ethereum?
Post by: oddity2505 on November 07, 2017, 09:15:05 PM
The S version of Antminer is only to mine SHA256 algorithm which is the Bitcoin algorithm. In case you have not free electricity they are not worth it, and even with free electricity I doubt they would do you any good.

As you see in the link below, the S2 makes you 1.26 USD  a day with the price of bitcoin being 7255 without considering energy and maintenance cost. That number I am sure would be - or negative if you add the energy consumption.

http://bitcoineval.com/hardware.php (http://bitcoineval.com/hardware.php)
That's a nice table there - bookmarked, thanks.

On the other note, the topic starter can try mining some  "smaller" coins, like Aurora or Digibyte, on the websites that offer switching the coin based on profitability (zpool, for example). But anyways you will barely make any profit and only in the case if you have really cheap electricity, below 5 cents per kWh.