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Title: Will it be profitable using sp35? Need some help Post by: mine9256 on February 03, 2015, 04:13:20 PM Hey! I am new to this bitcoin community and need a few suggestions.
I am considering buying one sp35 hardware. (That's the only money I have got) Here power cost is around 0.07$/kWH I am not sure which pool will be better option for me and whether it will be profitable in a frame of 1-2 years assuming price of 1BTC remains the same. (~230$) and if anyone is someone is using sp35, kindly tell me how many BTC they are mining in 24 hrs and in which pool they are.(excluding their power consumption) Thanks in advance :) ;) Title: Re: Will it be profitable using sp35? Need some help Post by: adaseb on February 03, 2015, 10:14:25 PM Hey! I am new to this bitcoin community and need a few suggestions. I am considering buying one sp35 hardware. (That's the only money I have got) Here power cost is around 0.07$/kWH I am not sure which pool will be better option for me and whether it will be profitable in a frame of 1-2 years assuming price of 1BTC remains the same. (~230$) and if anyone is someone is using sp35, kindly tell me how many BTC they are mining in 24 hrs and in which pool they are.(excluding their power consumption) Thanks in advance :) ;) Right now is a VERY RISKY time to buy BTC or any BTC Mining gear. Price is on a downtrend the entire 2014 year and difficulty refuses to decline. You will make money IF difficulty remains constant and price. You will make money IF difficuly increases but so does price. You will LOSE money if difficuly remains constant and price declines OR difficulty increases and price declines. Its a risk none the less. Title: Re: Will it be profitable using sp35? Need some help Post by: notlist3d on February 04, 2015, 01:36:49 AM Your electricity is not bad. If you are able to host with noise and heat for around that you are better off then most on electricity.
Title: Re: Will it be profitable using sp35? Need some help Post by: alh on February 04, 2015, 08:34:01 PM One items of note. The original post suggested that you are concerned about a timeframe of 1-2 years, I have yet a single example of a miner that has remained profitable to run for one year, much less two. Maybe that will all change in 2015, but I would be reluctant to think about more than 6-9 months for your SP35. This isn't a reflection on the specific hardware choice, just the nature of mining in general.
Title: Re: Will it be profitable using sp35? Need some help Post by: notlist3d on February 04, 2015, 11:02:55 PM One items of note. The original post suggested that you are concerned about a timeframe of 1-2 years, I have yet a single example of a miner that has remained profitable to run for one year, much less two. Maybe that will all change in 2015, but I would be reluctant to think about more than 6-9 months for your SP35. This isn't a reflection on the specific hardware choice, just the nature of mining in general. I would agree 2 years in mining is night/day. USB miners good two years ago are basically used only for learning now. Title: Re: Will it be profitable using sp35? Need some help Post by: philipma1957 on February 05, 2015, 01:43:46 AM One items of note. The original post suggested that you are concerned about a timeframe of 1-2 years, I have yet a single example of a miner that has remained profitable to run for one year, much less two. Maybe that will all change in 2015, but I would be reluctant to think about more than 6-9 months for your SP35. This isn't a reflection on the specific hardware choice, just the nature of mining in general. may not be true. taking price out of the picture. and looking at difficulty machines do not improve much anymore. cpu = ? watts a gh gpu 600 watts a gh asic miner blade 11 watts a gh 55x better s-1 2 watts a gh 5.5x better s-3 .8 watts a gh 2.5x better s-5 .52 watts a gh 1.53x better asic miner .39 a gh 1.33x better this is a maybe? |