Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: baristor on January 26, 2015, 08:42:01 PM



Title: miner help need
Post by: baristor on January 26, 2015, 08:42:01 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers


Title: Re: miner help need
Post by: ezeminer on January 27, 2015, 05:32:36 AM
https://bitcoinwisdom.com/bitcoin/difficulty (https://bitcoinwisdom.com/bitcoin/difficulty) type in desired stuff


Title: Re: miner help need
Post by: davecoin on January 27, 2015, 06:29:36 AM
5x Antminer S5 will probably get you 2 BTC in February so $1850 plus the cost of power supplies.


Title: Re: miner help need
Post by: mavericklm on January 27, 2015, 10:34:27 AM
atm for 2btc you need 6th/s
        for 3btc you need 9th/s

I would go with some used miners from here https://bitcointalk.org/index.php?board=75.0
if an psu is needed i would go for a server psu, as it is better and cheaper than usual pc psu ;)


Title: Re: miner help need
Post by: baristor on January 27, 2015, 12:59:05 PM
Thanks 4 d help guys


Also do u guys think I should wait it out for a month or two and see as new and more efficient chips are coming out.

Maybe we cld get an s6 soon ? :o


Title: Re: miner help need
Post by: mavericklm on January 27, 2015, 01:24:39 PM
You will pay premium for buying the newest stuff on market. Your choice!


Title: Re: miner help need
Post by: Bananana on January 27, 2015, 01:42:26 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers

You lack the most important information. How much free electricity do you have? If it is unlimited then you should just get the Antminer S1.


Title: Re: miner help need
Post by: kpitti on January 27, 2015, 03:07:47 PM
atm for 2btc you need 6th/s
        for 3btc you need 9th/s

I would go with some used miners from here https://bitcointalk.org/index.php?board=75.0
if an psu is needed i would go for a server psu, as it is better and cheaper than usual pc psu ;)

This is correct, just to add as difficulty can not be predicted, better to count with increase and then your income will be lower in the future.
If you will go and buy newest miner then you can sell it after couple of month to help ROI :o)


Title: Re: miner help need
Post by: BTCish on January 27, 2015, 07:28:42 PM
Where will you be mining, where you can get free electricity ?


Title: Re: miner help need
Post by: philipma1957 on February 02, 2015, 06:19:36 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers

5 s-5's are 5.75th


 that earns   2.1 btc

it also uses 3k watts an hour  which is 72kwatts a day and 2160kwatts a month



Title: Re: miner help need
Post by: ChuckBuck on February 02, 2015, 08:02:47 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers

5 s-5's are 5.75th


 that earns   2.1 btc

it also uses 3k watts an hour  which is 72kwatts a day and 2160kwatts a month



Yowza!  OP better have a Huge Colo closet or Warehouse where electrical costs are neglible or his Landlord or Mommy/Daddy is going to layeth the smackdown.... :'(


Title: Re: miner help need
Post by: notlist3d on February 02, 2015, 10:48:50 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers

5 s-5's are 5.75th


 that earns   2.1 btc

it also uses 3k watts an hour  which is 72kwatts a day and 2160kwatts a month



Yowza!  OP better have a Huge Colo closet or Warehouse where electrical costs are neglible or his Landlord or Mommy/Daddy is going to layeth the smackdown.... :'(

The only price i have had with "free" electricity was student housing.  It is only place I have had electricity included in a fixed rate.

If you are doing this in parents house I would talk to them first as they will definitely see this amount of usage raise electricity cost.


Title: Re: miner help need
Post by: philipma1957 on February 02, 2015, 11:48:13 PM
So guys I have access to free electricity would like to know how much money to invest in miners to make atleast 2-3 btc a month ? .

Thanks 4 d help Cheers

5 s-5's are 5.75th


 that earns   2.1 btc

it also uses 3k watts an hour  which is 72kwatts a day and 2160kwatts a month



Yowza!  OP better have a Huge Colo closet or Warehouse where electrical costs are neglible or his Landlord or Mommy/Daddy is going to layeth the smackdown.... :'(

The only price i have had with "free" electricity was student housing.  It is only place I have had electricity included in a fixed rate.

If you are doing this in parents house I would talk to them first as they will definitely see this amount of usage raise electricity cost.

yeah 'free' power  is many time not so free or the fact is limited free power is more like it.

I have up to 800 watts of limited low cost power ..     I am running 2 s-3's at freq 312 getting  840gh at 640 watts.    cost is 2.4 cents a kwatt.

even with this deal and those 2 units running since july 25th   they have lost usd fiat due to btc price drop. they have made btc profit

  since they still pay more in a month then the power I run them.


Title: Re: miner help need
Post by: baristor on February 03, 2015, 05:43:29 PM
,my friend owns a farm and has huge property with free electricty n water so :P thanks 4r all d info guys