Low Hash Rate Issue?

[ksukhin]

I tried a few, and I am getting ~4$/mo with one U3...unfortunately this does not make it worthwhile. Meaning my initial theory about me being too late in the game is true, so far it does not look like this is a viable option to make some money.

This.  If you're looking at getting into mining to make money, you're certainly going to need more than a few GH/s and university housing.  For example, I have 8 Antminer S3s at my home.  At ~3.5TH/s I would expect to earn about $8.50 a day with free electricity.  Unfortunately, my electricity is not free, so my earnings are offset by that cost.

Yeah unfortunately I don't see the benefit of joining the game today. I shall continue with Forex then haha

Thanks again everyone!

[notlist3d]

I tried a few, and I am getting ~4$/mo with one U3...unfortunately this does not make it worthwhile. Meaning my initial theory about me being too late in the game is true, so far it does not look like this is a viable option to make some money.

This.  If you're looking at getting into mining to make money, you're certainly going to need more than a few GH/s and university housing.  For example, I have 8 Antminer S3s at my home.  At ~3.5TH/s I would expect to earn about $8.50 a day with free electricity.  Unfortunately, my electricity is not free, so my earnings are offset by that cost.

Yeah unfortunately I don't see the benefit of joining the game today. I shall continue with Forex then haha

Thanks again everyone!

It all depends on your electricity cost.  Some will benefit from mining.

If you have higher electricity costs with tight ROI, you could be right no benefit for you.  All depends.

[jonnybravo0311]

I tried a few, and I am getting ~4$/mo with one U3...unfortunately this does not make it worthwhile. Meaning my initial theory about me being too late in the game is true, so far it does not look like this is a viable option to make some money.

This.  If you're looking at getting into mining to make money, you're certainly going to need more than a few GH/s and university housing.  For example, I have 8 Antminer S3s at my home.  At ~3.5TH/s I would expect to earn about $8.50 a day with free electricity.  Unfortunately, my electricity is not free, so my earnings are offset by that cost.

Yeah unfortunately I don't see the benefit of joining the game today. I shall continue with Forex then haha

Thanks again everyone!

It all depends on your electricity cost.  Some will benefit from mining.

If you have higher electricity costs with tight ROI, you could be right no benefit for you.  All depends.

OP has free electricity from university housing, but even with free power he's limited on what gear he can actually bring with him to mine.  Not like he can throw a truck full of S5s .  He's got to factor in limited space, potential roommates to deal with the noise/heat, etc.  Maybe he can throw an S3 in there... but even then it's only about $1.00 a day at current difficulty and price.

[notlist3d]

I tried a few, and I am getting ~4$/mo with one U3...unfortunately this does not make it worthwhile. Meaning my initial theory about me being too late in the game is true, so far it does not look like this is a viable option to make some money.

This.  If you're looking at getting into mining to make money, you're certainly going to need more than a few GH/s and university housing.  For example, I have 8 Antminer S3s at my home.  At ~3.5TH/s I would expect to earn about $8.50 a day with free electricity.  Unfortunately, my electricity is not free, so my earnings are offset by that cost.

Yeah unfortunately I don't see the benefit of joining the game today. I shall continue with Forex then haha

Thanks again everyone!

It all depends on your electricity cost.  Some will benefit from mining.

If you have higher electricity costs with tight ROI, you could be right no benefit for you.  All depends.

OP has free electricity from university housing, but even with free power he's limited on what gear he can actually bring with him to mine.  Not like he can throw a truck full of S5s .  He's got to factor in limited space, potential roommates to deal with the noise/heat, etc.  Maybe he can throw an S3 in there... but even then it's only about $1.00 a day at current difficulty and price.

It depends on what it is I guess.  When I had a "dorm" I went with single could have done it, but was just to loud for my liking.  During my "apartment" days they had a max they would charge but since I had roommates I would have been a jerk to mine as we would had to pay the max penalty (25 a month ) each month.