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Title: Is Antminer s7 still profitable? Post by: Rurift on October 23, 2016, 09:55:08 PM My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable?
Title: Re: Is Antminer s7 still profitable? Post by: Tupsu on October 23, 2016, 10:25:09 PM My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable? 90.00 % from Payout going to Maintenance. Title: Re: Is Antminer s7 still profitable? Post by: HateEU on October 23, 2016, 10:26:20 PM yea tell us,how much antmier s7 even cost i am interested if it is profitable to buy it i am also interested in mining
Title: Re: Is Antminer s7 still profitable? Post by: unholycactus on October 23, 2016, 10:34:22 PM Wouldn't recommend buying one to mine at 0.08. There's a significant risk that difficulty rises enough for you to never reach ROI.
If you already have one, you still have a bit of time left before it's not profitable. Title: Re: Is Antminer s7 still profitable? Post by: VirosaGITS on October 23, 2016, 10:39:43 PM I wouldnt even buy an ASIC with such high electric costs :( You're at the borderline, where even if its profitable, all your profits will go to upkeep. Better go to the altcoin section.
Title: Re: Is Antminer s7 still profitable? Post by: HateEU on October 23, 2016, 10:44:27 PM go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee
Title: Re: Is Antminer s7 still profitable? Post by: VirosaGITS on October 24, 2016, 12:26:10 AM go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee Yeah i said to go to the altcoin section because its sorta forbidden to talk about not Bitcoin on the specifically Bitcoin section. But you'd be using GPUs. Title: Re: Is Antminer s7 still profitable? Post by: philipma1957 on October 24, 2016, 12:37:21 AM go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee read this thread https://bitcointalk.org/index.php?topic=1584973.0 and the older thread https://bitcointalk.org/index.php?topic=1429151.0 they are pretty good to get you started. I will pm you Title: Re: Is Antminer s7 still profitable? Post by: Monetizer on October 24, 2016, 01:11:52 AM If you are talking about buying one now in order to try and make a profit its just to late. The difficulty will increase to a point where you arent even making money on electricity in no time if you ask me.
Title: Re: Is Antminer s7 still profitable? Post by: ethereumhunter on October 24, 2016, 03:12:30 AM If you are talking about buying one now in order to try and make a profit its just to late. The difficulty will increase to a point where you arent even making money on electricity in no time if you ask me. its true, with only one hardware mining i think its not profitable but if you have 10-20 of s7 then maybe its still worth and profitable but you should think about electricity fee. Title: Re: Is Antminer s7 still profitable? Post by: mwizard on October 24, 2016, 03:17:33 AM The S7 is not even worth turning on if you pay more than 9 cents per kWh for electricity.
Your 8 cents per kWh is so close to not even covering electricity that I would not touch an S7 if I was you. Title: Re: Is Antminer s7 still profitable? Post by: airdata on October 25, 2016, 02:17:25 PM for now antminer s7 still profitable but high risk because your profit income less than 10%, why dont try GPU mining ? ;D
Title: Re: Is Antminer s7 still profitable? Post by: Daisy14 on November 06, 2016, 05:01:24 AM My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable? No it won't, you need at most 0.04cents/KwH to break even with S7. You might investigate on some profitable SHA 256 altcoin to mine with S7. |