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1  Bitcoin / Mining speculation / Re: Is it worth buying 3 or 4 S9's at this point on: September 21, 2017, 12:21:19 AM
Thanks  for the input.  Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info.

Thanks
2  Bitcoin / Mining speculation / Is it worth buying 3 or 4 S9's at this point on: September 20, 2017, 02:37:46 PM
I see many post saying it's a wast of time for home miners and post that say you can still turn a profit.

In my area I pay 10.06c/kw, is this doable ?  I already have the power in place to run these, just need to get a PDU.

Sorry for the noob question

Thanks
3  Bitcoin / Mining speculation / Re: Are S5+'s even worth it anymore on: September 17, 2016, 02:43:59 PM
considering the price and the difficulty level i dont think so it would be wise to invest in s5+, i dont know the different disadvantages of S5+ i am sure it wont be a silent machine and more over i dont think it is profitable if you are planning to mine in your basement. If you are able to aquire it at a discounted price then it is fine,but what i see in their site it is priced above two thousand dollars and you could barely earn thousand five hundred dollars a year.

I would have to send it off somewhere, as I said before my electric is .09.  I even inquired with a Data center in Canada and they said even with their cost I would most likely be under water with it.  I have two S5+'s anchors to dump now.
4  Bitcoin / Mining speculation / Re: Are S5+'s even worth it anymore on: September 14, 2016, 08:47:18 PM
Using Bitcoineval.com Profitability Evaluation website it claims I actually will lose money on them with an electric cost of .09.  According to the calculations it's only worth it with a cost of .06 now

Could this be correct ? I must be doing something wrong, if not I just torched some cash.

Thanks

 They ARE unprofitable at that high of electric cost, just checked using current stats and RIGHT NOW they are break-even at appx. 5.2 c/KWH - folks like me in VERY VERY CHEAP electric areas with rates less than that are still making money off them, but not by a lot.
 At 9c/KWH you're burning almost twice as much in electric cost as those miners are managing to make in Bitcoin mined value.

 An S9 should stay profitable for quite a while, even at 9c/KWH - just not VERY profitable - as diff increases are quite slow at this point and Bitcoin price seems to be recovering slowly from the recent exchange hack/theft.



Thanks for the input.  I don't think any state in the US is cheap enough to run an S5+ anymore.
5  Bitcoin / Mining speculation / Re: Are S5+'s even worth it anymore on: September 14, 2016, 06:56:18 PM
Well maybe worth it, but who knows.  Just seems like a crap shoot somewhat now
6  Bitcoin / Mining speculation / Re: Are S5+'s even worth it anymore on: September 14, 2016, 06:48:16 PM
You are correct, most don't figure in the difficulty rate going up which keeps happening. The better ones are telling my a S9 with my electric rate of .09 won't really be worth it in a few months or so.
7  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: September 14, 2016, 06:07:01 PM
How much were the 12.93's going for ?
8  Bitcoin / Mining speculation / Re: Are S5+'s even worth it anymore on: September 14, 2016, 04:43:25 PM
Great, just great.  Guess it's time to buy a couple of S'9s.  Do you even thing that they are worth it now.

Thanks
9  Bitcoin / Mining speculation / Are S5+'s even worth it anymore on: September 14, 2016, 04:36:57 PM
Using Bitcoineval.com Profitability Evaluation website it claims I actually will lose money on them with an electric cost of .09.  According to the calculations it's only worth it with a cost of .06 now

Could this be correct ? I must be doing something wrong, if not I just torched some cash.

Thanks
10  Economy / Computer hardware / Re: IBM 2880W PSU/Breakout Boards - *NEW* Package deals for S9 - S7 & A6 on: September 13, 2016, 12:55:29 AM
Hey Finsky I sent you a PM

Thanks
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