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Title: New antminer s7 Post by: Sim0n on July 09, 2016, 05:57:12 PM Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance.
Title: Re: New antminer s7 Post by: philipma1957 on July 09, 2016, 11:26:35 PM Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance. wait a minute for a link. I used 2 cents a kwatt which is about $18.72 https://i.imgur.com/PwvrXCu.png Title: Re: New antminer s7 Post by: unholycactus on July 10, 2016, 12:25:49 AM Even if you're past that point, you should factor in how much you paid for it.
Is it really 2$ a month or 2cents/kWh? philipma1957 used a 4% difficulty increment but I would put more. Title: Re: New antminer s7 Post by: AceOfPentacles on July 10, 2016, 12:53:16 AM Will you still be profitable? What would your break even point be with the cost of your setup?
Title: Re: New antminer s7 Post by: Sim0n on July 10, 2016, 02:08:18 PM Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance. wait a minute for a link. I used 2 cents a kwatt which is about $18.72 Thanks for replying, so that simulation says I'm recovering my investment maybe in two years? I'm sorry kinda new to this. I'm thinking about buying a new s7 and a power supply (maybe that's 600-700$ investment). To be honest the electricity bill is absolutely not a concern is practically for free. Even if you're past that point, you should factor in how much you paid for it. Is it really 2$ a month or 2cents/kWh? philipma1957 used a 4% difficulty increment but I would put more. Above I said how much I think I'm expending in equipment, also give detail about the electricity service (cheap AF). But I don't really understand what the simulation says but I think it's something like by 2018 I'll make 600$? Will you still be profitable? What would your break even point be with the cost of your setup? That are exactly my questions, thank you. Title: Re: New antminer s7 Post by: philipma1957 on July 10, 2016, 02:40:43 PM Hi guys, I'm thinking about buying a new antminer s7 and joining a pool, actually where I live I pay 2$ a month for electricity and I have 2 five ton a/c in the house, I'm really new at this so my question is, how much money do you think I can make with this setup. Thank you in advance. wait a minute for a link. I used 2 cents a kwatt which is about $18.72 Thanks for replying, so that simulation says I'm recovering my investment maybe in two years? I'm sorry kinda new to this. I'm thinking about buying a new s7 and a power supply (maybe that's 600-700$ investment). To be honest the electricity bill is absolutely not a concern is practically for free. Even if you're past that point, you should factor in how much you paid for it. Is it really 2$ a month or 2cents/kWh? philipma1957 used a 4% difficulty increment but I would put more. Above I said how much I think I'm expending in equipment, also give detail about the electricity service (cheap AF). But I don't really understand what the simulation says but I think it's something like by 2018 I'll make 600$? Will you still be profitable? What would your break even point be with the cost of your setup? That are exactly my questions, thank you. Well here is the problem in a nut shell which is why I did the projection. None of us can go out 5 months 10 months 15 months 20 month 25 months into the future and look at the real numbers. Thus no one can tell if the gear will turn a profit. Basically it is the classic point of being a human being as Doris Day would sing this song Que Sera Sera https://www.youtube.com/watch?v=xZbKHDPPrrc That said I used a projection that shows a likely (not sure likely) possibility . So if you can get 1 unit with 1 psu for 600 usd or less and if you pay 2 dollars a month it is likely you will make money but not sure. Mining is kind of like a 10-15% profit item. My guess is you could make 10 to 15% profit on your 600 dollar investment in about 18 months time. But it is a guess that is all. Title: Re: New antminer s7 Post by: Sontoloyo on July 25, 2016, 06:25:38 AM After halving day, are you still get profitable mining with S7? For your information, I has been stop mining with this tools after halving day.
Title: Re: New antminer s7 Post by: dragonmining on August 01, 2016, 01:17:19 AM Hello!
Glad to hear your thinking of upgrading to the antminer s7! If you're looking for somewhere to purchase it Dragon Mining is now happy to offer the Antminer s7 and s9. Our team keeps track of the market's mining technology and we highly recommend this machine. Visit our website for more info www.dragonmining.net If you have any inquiries please get in contact with us at info@dragonmining.net |
