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1  Other / Beginners & Help / Re: Thinking of buying an ant miner. I have some questions. on: December 26, 2015, 10:19:00 PM
Quote from: helloeverybody on December 26, 2015, 10:11:02 PM
Quote from: Zeusophobia on December 26, 2015, 10:07:05 PM
Quote from: Amph on December 26, 2015, 07:46:37 AM
your only concern should be your electricity and initial investment, then everythign will be settled for that, there ar eno scam pool, they are all well big known pool

go with s7 if your electricity is not very cheap like 0.05 or below, otherwise you cna try s5

Yeah I was going to get an s7. Electricity costs are .11



Id probably mine with .11, Mine is up over .25 a kw/h . if its cold where you live maybe you could turn off the heating and just use the miner as your heater, And as a byproduct you will be creating bitcoin =p

Unfortunately I live in Florida, so I'll just have to crank the AC up higher.

I heard someone mention these things are loud. I was going to put it in my bedroom. Is that a bad idea?
2  Other / Beginners & Help / Re: Thinking of buying an ant miner. I have some questions. on: December 26, 2015, 10:07:05 PM
Quote from: Amph on December 26, 2015, 07:46:37 AM
your only concern should be your electricity and initial investment, then everythign will be settled for that, there ar eno scam pool, they are all well big known pool

go with s7 if your electricity is not very cheap like 0.05 or below, otherwise you cna try s5

Yeah I was going to get an s7. Electricity costs are .11
3  Other / Beginners & Help / Re: Thinking of buying an ant miner. I have some questions. on: December 26, 2015, 12:21:01 AM
Quote from: knightdk on December 26, 2015, 12:18:15 AM
First of all, you probably won't be able to make much extra cash from mining. It depends on your electricity cost, and that cost can offset the earnings you make so that you are actually earning at a loss.

There probably are scam pools. You should just stick to one of the big pools like slush, ckpool, f2pool, etc.

In general you should not have a lot of stuff on one outlet because the power draw can be too much. AFAIK you can use the 240 V outlet for more power and it will should work better. However you should check that with someone else about that.

Doesn't the ant miner use about $100/month and make around $300-380?

I've been having a lot of trouble figuring out the power thing in my head. Could you explain it to me?
4  Other / Beginners & Help / Thinking of buying an ant miner. I have some questions. on: December 26, 2015, 12:08:27 AM
I wanted to buy a nice ASIC to make a little extra cash. I have some questions.

How much technical knowledge do you need to keep this running? As far as diagnosing software and hardware problems, I would consider myself at an intermediate skill level. Should I learn more before investing in this?

Are there any scam pools? If so, can someone point me to a good pool so I don't get scammed?

Do those of you with multiple high powered ASICs have modifications done to your house for it to handle that much power? I'm of the understanding that if you plug in too much power to one socket bad things can happen.

How long do you hold on to your bitcoin for? As far as my limited knowledge goes, it seems to have dropped in price significantly. Are people worried about this happening again?

Is ant miner considered the only way to go for ASICs now? As far as I can see, they're the only people making good stuff with power/hashrate ratio.

Thanks
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