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Local => Marketplace (India) => Topic started by: dannyrayat on June 16, 2014, 08:43:46 AM



Title: Is it profitable with Antminer S2
Post by: dannyrayat on June 16, 2014, 08:43:46 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


Title: Re: Is it profitable with Antminer S2
Post by: highkart on June 16, 2014, 09:39:06 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


Check at highkart.com, much lower price @ $2380 only

Regards,
HighKart


Title: Re: Is it profitable with Antminer S2
Post by: allcoinminer on June 16, 2014, 09:50:27 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


For Ant S2 dealing with Highkart will give you the lowest price.
My statement about low price at HK is for this product only.
The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php (http://www.vnbitcoin.org/bitcoincalculator.php)
https://bitcoinwisdom.com/bitcoin/calculator (https://bitcoinwisdom.com/bitcoin/calculator)

Don't use coinwarz calc for ROI purpose. Its for something else.


Title: Re: Is it profitable with Antminer S2
Post by: Equate on June 16, 2014, 10:01:17 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


That price is absurdly high , you wont make ROI for months at that price . Better buy from highkart which are selling at good prices in India as far as I have seen.


Title: Re: Is it profitable with Antminer S2
Post by: anujjain on June 16, 2014, 10:18:41 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


For Ant S2 dealing with Highkart will give you the lowest price. The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php (http://www.vnbitcoin.org/bitcoincalculator.php)
https://bitcoinwisdom.com/bitcoin/calculator (https://bitcoinwisdom.com/bitcoin/calculator)

According to calculator we cannot recover cost.


Title: Re: Is it profitable with Antminer S2
Post by: allcoinminer on June 16, 2014, 10:33:03 AM
Hey Guys  :D

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for  ₹ 225,000  ??? :o at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? ::)
Please suggest to buy or not to.

Thanks
Danny


For Ant S2 dealing with Highkart will give you the lowest price. The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php (http://www.vnbitcoin.org/bitcoincalculator.php)
https://bitcoinwisdom.com/bitcoin/calculator (https://bitcoinwisdom.com/bitcoin/calculator)

According to calculator we cannot recover cost.

In practical you will get ~10% more than what you see in the ROI calc. if you are dedicated to and intelligent much. If plug & play ROI will be lower than ROI from calc.


Title: Re: Is it profitable with Antminer S2
Post by: dannyrayat on June 16, 2014, 02:39:51 PM
that calc says break even point infinite days ! lol ? wtf ?  ??? :o :o

but on this calc https://www.alloscomp.com/bitcoin/calculator its shows that it will mine around 46k per month if it is not exact and I get around 40k(assume) will there be ROI after 3-4 months ?

40k 1st month, 4th month - 160000 ? is that so ?


http://i59.tinypic.com/11htflk.jpg


Title: Re: Is it profitable with Antminer S2
Post by: allcoinminer on June 16, 2014, 03:51:15 PM
that calc says break even point infinite days ! lol ? wtf ?  ??? :o :o

but on this calc https://www.alloscomp.com/bitcoin/calculator its shows that it will mine around 46k per month if it is not exact and I get around 40k(assume) will there be ROI after 3-4 months ?

40k 1st month, 4th month - 160000 ? is that so ?


http://i59.tinypic.com/11htflk.jpg

There is a parameter called "Coin Difficulty". The calculator alloscomp.com just ignores that parameter and it assumes that the profitability is a constant. But in reality its not like that. The calculator shown ROI as infinite days is correct and you will only ROI on that hardware if BTC price appreciate that much. You put your expecting btc price there and do the math. Also remember, BTC buy and hold is a different thing than BTC Mining so don't compare them. Both have its own advantages and disadvantages.

* All the above when the hardware is used for mining BTC.


Title: Re: Is it profitable with Antminer S2
Post by: dannyrayat on June 16, 2014, 04:39:35 PM
how many of you are mining with the rigs? (any)



Title: Re: Is it profitable with Antminer S2
Post by: allcoinminer on June 16, 2014, 04:49:52 PM
how many of you are mining with the rigs? (any)



A lot of miners use the hardware. Check global threads.


Title: Re: Is it profitable with Antminer S2
Post by: dishamain on August 01, 2014, 04:59:35 PM
hi

i m currently mining with 1th Dragon in SHA and 10 Mh/s in Scrypt i my ROI is around 20 USD /- per day