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Title: Bitmain Antminer S1 Miner Questions Post by: smcorp on July 29, 2014, 05:30:24 PM So I'm looking at getting two Antminer S1s. I've done some bitcoin and litecoin trading for fun with friends, but now I'd like to try mining. I found a guy selling a couple S1s for $175 including a PS. I also do not pay for electricity where I live. Are these a good investment that could pay for themselves in several months and then start making a little bit of money?
Thanks... Title: Re: Bitmain Antminer S1 Miner Questions Post by: philipma1957 on July 29, 2014, 06:04:38 PM with free power they could be okay. I have seen lower prices. if you have a decent psu (at no cost)
they would earn back close to 1 btc that is about 590 usd. at the current price take off the 350 you paid you could make about 200-250 bucks by the end of winter. Title: Re: Bitmain Antminer S1 Miner Questions Post by: railzand on July 29, 2014, 06:17:07 PM remember to trust no one. do not send money first. use escrow.
Title: Re: Bitmain Antminer S1 Miner Questions Post by: ducmami on July 29, 2014, 06:18:11 PM good price.
Title: Re: Bitmain Antminer S1 Miner Questions Post by: philipma1957 on July 29, 2014, 06:18:33 PM remember to trust no one. do not send money first. use escrow. yeah his advice is important. make sure you will get the gear. and if the psu is good the price works. Title: Re: Bitmain Antminer S1 Miner Questions Post by: spazzdla on July 29, 2014, 08:15:50 PM Two S1's with PS for $175 and you don't pay for electricty..
That is $5.66 a day... A good price IMO. Title: Re: Bitmain Antminer S1 Miner Questions Post by: spazzdla on July 29, 2014, 08:16:37 PM remember to trust no one. do not send money first. use escrow. Also this. Title: Re: Bitmain Antminer S1 Miner Questions Post by: smcorp on July 30, 2014, 01:04:33 AM Two S1's with PS for $175 and you don't pay for electricty.. That is $5.66 a day... A good price IMO. Would it be better to mine lite or doge? Or other alt coins? Title: Re: Bitmain Antminer S1 Miner Questions Post by: ducmami on July 30, 2014, 02:03:47 AM Two S1's with PS for $175 and you don't pay for electricty.. That is $5.66 a day... A good price IMO. Would it be better to mine lite or doge? Or other alt coins? http://coinwik.org/List_of_all_DCs Title: Re: Bitmain Antminer S1 Miner Questions Post by: smcorp on July 30, 2014, 02:53:24 AM Two S1's with PS for $175 and you don't pay for electricty.. That is $5.66 a day... A good price IMO. Would it be better to mine lite or doge? Or other alt coins? http://coinwik.org/List_of_all_DCs Title: Re: Bitmain Antminer S1 Miner Questions Post by: allcoinminer on August 04, 2014, 07:43:24 AM Two S1's with PS for $175 and you don't pay for electricty.. That is $5.66 a day... A good price IMO. Would it be better to mine lite or doge? Or other alt coins? http://coinwik.org/List_of_all_DCs No Sha256 coin is better than Bitcoin for stability or profitability. There are some new alt coins with Sha256 algorithm which sometimes earns higher than bitcoin. But the stability of that and the exchange rates are not as liquid as bitcoin. You may see it more profitable than bitcoin when you mine but when you get that to echange after confirmation blocks the price may already gone low. So for a stable and plug and play mining, bitcoin mining itself is the most recommended option. Title: Re: Bitmain Antminer S1 Miner Questions Post by: spazzdla on August 07, 2014, 06:43:09 PM Two S1's with PS for $175 and you don't pay for electricty.. That is $5.66 a day... A good price IMO. Would it be better to mine lite or doge? Or other alt coins? http://coinwik.org/List_of_all_DCs I am currently mining peercoin and bitcoin. perhaps gamble on some peercoin mining, however BTC has proven to be able to weather storms. |