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Title: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: notoriouspits on May 27, 2014, 12:19:28 PM hey ive been considering getting into mining and just kinda double checking my calculations using a mining profitability calculator it says that with the S2 i would break even in 3 months what am i doing wrong. my electricity is .07. Also do you guys think one s2 is a good buy right now and what is your thoughts on ROI
Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: cryptomatt on May 27, 2014, 01:15:04 PM The only way you'll ROI in 3 months is if the $$ of BTC goes much higher. With your power costs, you'll currently be making ~ $26 a day. In 5 difficulty adjustments you'll be down to about $11.50 if you assume 15% diff jumps.
Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: notoriouspits on May 27, 2014, 01:55:39 PM how often does the difficulty goes up newb question of year
Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: gsupp on May 27, 2014, 04:22:14 PM how often does the difficulty goes up newb question of year About every 10-14 days: https://bitcoinwisdom.com/bitcoin/difficulty Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: gsupp on May 27, 2014, 04:24:07 PM hey ive been considering getting into mining and just kinda double checking my calculations using a mining profitability calculator it says that with the S2 i would break even in 3 months what am i doing wrong. my electricity is .07. Also do you guys think one s2 is a good buy right now and what is your thoughts on ROI Try this calculator, it's one of the few that tries to take difficulty increases into consideration: https://tradeblock.com/mining/ Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: xrobau on May 28, 2014, 05:38:01 AM hey ive been considering getting into mining and just kinda double checking my calculations using a mining profitability calculator it says that with the S2 i would break even in 3 months what am i doing wrong. my electricity is .07. Also do you guys think one s2 is a good buy right now and what is your thoughts on ROI Try this calculator, it's one of the few that tries to take difficulty increases into consideration: https://tradeblock.com/mining/ Here's the best, and most flexible one. http://bit.ly/roi-s2 Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: oskuro on June 09, 2014, 06:56:27 PM so its not profitable to buy antminer s2 ???
It costs 2167 $ right now without discount coupon @ bitmaintech. You saying that in a few months earnings will drop from 26$ / day to 11$ / day or less ??? So whats the point of buying a 2167$ machine? ;D Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: ChuckBuck on June 09, 2014, 09:02:55 PM so its not profitable to buy antminer s2 ??? It costs 2167 $ right now without discount coupon @ bitmaintech. You saying that in a few months earnings will drop from 26$ / day to 11$ / day or less ??? So whats the point of buying a 2167$ machine? ;D So now you're seeing the light, young padawan! 8) Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: DrG on June 11, 2014, 04:37:10 AM so its not profitable to buy antminer s2 ??? It costs 2167 $ right now without discount coupon @ bitmaintech. You saying that in a few months earnings will drop from 26$ / day to 11$ / day or less ??? So whats the point of buying a 2167$ machine? ;D The point is the company is selling you a machine that will mine $26 a day! Think of it! After 3 months you'll be getting pennies a day and be several hundred in the hole. The seller of the ASIC now has $2167 which they could have used to buy more BTC than you mine. Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: KimNam on June 12, 2014, 06:45:08 AM in BTC term, hard to make ROI with recent condition (difficulty increase like crazy every 12 days)
but in fiat term, you can make ROI, if BTC prices increasing / skyrocket in next month but i suggest you to buy BTC directly instead mining that BTC Title: Re: AntMiner S2 1TH/s Miner Batch 4 break -even Post by: Glizlack on June 12, 2014, 08:46:25 AM I would also like to point out that I believe they are no longer accepting coupons. I think they got mad that people resold them. Please correct me if I am wrong.
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