Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: dextrometho on August 27, 2014, 07:27:34 AM



Title: Questions about miners and profitability
Post by: dextrometho on August 27, 2014, 07:27:34 AM
Hello, i am new to the forum and have very little mining experience .... i have seen some BFL equipment for sale in my city at 150 $ ([105$]22gh/s miner + [45$]5gh/s miner) ... is this a decent price ? will running these actually yield any profit or would they at least cover the price of electricity that they consume ? Also if they are not profitable for Btc is there any other SHA-256 coins that i could mine for with 27gh/s that would yield profit ?
Thank you


Title: Re: Questions about miners and profitability
Post by: DrG on August 27, 2014, 07:43:21 AM
BFL gear is obsolete since it uses more electricity than it mines as BTC.  I sold 300GH/s of BFL gear last week for $50.  It should only be used for educational/hobby purposes from this point on unless somebody sells it for a cheap price like I did.

For the 2nd question - BTC is almost always the most profitable SHA-256 coin.  On rare occasion PPC and a couple other have popped up, but not in any recent memory.


Title: Re: Questions about miners and profitability
Post by: TheJohn on August 27, 2014, 12:55:28 PM
Hello, i am new to the forum and have very little mining experience .... i have seen some BFL equipment for sale in my city at 150 $ ([105$]22gh/s miner + [45$]5gh/s miner) ... is this a decent price ? will running these actually yield any profit or would they at least cover the price of electricity that they consume ? Also if they are not profitable for Btc is there any other SHA-256 coins that i could mine for with 27gh/s that would yield profit ?
Thank you

Dont buy anything from BFL, go with antminer, much cheaper and no delays.