I want to start mining from 9 th/s. is it profitable now a day?

[rathoretx5]

{#Repost from indian section}
Hello everyone!!

i am new to bitcoins and bitcoin Mining. i did a little research and a found "AntMiner s7" a good solution.
i want to start mining. where i live i got maximum of rupees 1200/- INR of electricity bill ( we have jugaad xD )

so my Question is can i make Profit from two "AntMiner S7's" on todays date? if yes,

HOW MUCH BTC CAN I EARN IN A MONTH? and can start earning from first month?

- how much internet speed did i need to make it run properly?

- if i want to stop mining i near future, will i able to sell it in indian market?

any help would be appreciated  Smiley
Thank You!!!

[UserVVIP]

Hello everyone!!

i am new to bitcoins and bitcoin Mining. i did a little research and a found "AntMiner s7" a good solution.
i want to start mining. where i live i got maximum of rupees 1200/- INR of electricity bill ( we have jugaad xD )

so my Question is can i make Profit from two "AntMiner S7's" on todays date? if yes,

HOW MUCH BTC CAN I EARN IN A MONTH? and can start earning from first month?

- how much internet speed did i need to make it run properly?

- if i want to stop mining i near future, will i able to sell it in indian market?

any help would be appreciated  Smiley
Thank You!!!

[Amph]

9 tera will give you roughly 0.8 btc in one months, then you need to remove the electricity from this

if you really pay only 20$ for your electricity, regardless of the mining consumption, this si basically like free energy, so yes you can have profit out of it

[notlist3d]

thank you for replying 'Amph' i would like to talk to you more about all this. can you please reply me inbox! thanks!

so my Question is can i make Profit from two "AntMiner S7's" on todays date? if yes,
We really need to know more as profit means making above cost of running.  What is your electricity price?

HOW MUCH BTC CAN I EARN IN A MONTH? and can start earning from first month?
Again really need electricity price to be of any help.

- how much internet speed did i need to make it run properly?
They don't take much internet speed but you do want something with not huge latency.  If your ping is horrible possibly could effect mining.  But any modern dsl, cable, etc type of internet connection will work fine with 2 (and could handle a lot more)

- if i want to stop mining i near future, will i able to sell it in indian market?
You will have to check around on local markets.   I cannot say much on Indian resells as they are not that common in hardware sales... so we lack data.  You would have to find this out on your own or look for local sub board to ask in.

[talks_cheep]

S7 is a fire hazard, especially in hot climate like India. Many of the S7 owners risk burning down their houses. This will be a front page news in many countries around the world: "Bitcoin miner burns house down!"

[notlist3d]

S7 is a fire hazard, especially in hot climate like India. Many of the S7 owners risk burning down their houses. This will be a front page news in many countries around the world: "Bitcoin miner burns house down!"

Can you point to any articles supporting this?  The only big farms we have seen pictures of burnt down...  were actually SP gear and not much is known about that fire.  But MANY MANY people have multiple S7's and no fires.

Most likely if there was a fire from a S7 I would say electrical was not properly done.... i have seen no front page news pointing to S7's being a big fire hazard.  I have went though summers personally with many different gear including Bitmain... and did not burn down my house or mining area.  But I had proper electrical wiring.

[Raimonn]

S7 is a fire hazard, especially in hot climate like India. Many of the S7 owners risk burning down their houses. This will be a front page news in many countries around the world: "Bitcoin miner burns house down!"

The main problem isn't hot climate country, the problem are countries with low levels of security on home electricity installations. I didn't read any news about an s7 minner burning a house.

[pneumatic5]

{#Repost from indian section}
Hello everyone!!

i am new to bitcoins and bitcoin Mining. i did a little research and a found "AntMiner s7" a good solution.
i want to start mining. where i live i got maximum of rupees 1200/- INR of electricity bill ( we have jugaad xD )

so my Question is can i make Profit from two "AntMiner S7's" on todays date? if yes,

HOW MUCH BTC CAN I EARN IN A MONTH? and can start earning from first month?

- how much internet speed did i need to make it run properly?

- if i want to stop mining i near future, will i able to sell it in indian market?

any help would be appreciated  Smiley
Thank You!!!

Dear its very difficult to mine bitcoins for an indivisual

[Gohs]

It's better to join a mining pool, you stand a better chance of earning coins.

A PPNS pool will be good e.g kano.is

[notlist3d]

S7 is a fire hazard, especially in hot climate like India. Many of the S7 owners risk burning down their houses. This will be a front page news in many countries around the world: "Bitcoin miner burns house down!"

The main problem isn't hot climate country, the problem are countries with low levels of security on home electricity installations. I didn't read any news about an s7 minner burning a house.

I'm still waiting on him to provide a link his claim just holds no merrit.   To say that it would need to have started multiple and be the cause... I don't see any (and I could be overlooking) fires burning down houses that are linked to a S7 causing.

I think bad electrical and crappy PSU's are much more likely if it did happen as reason.  But still.... we just don't see news of this.  I will be surprised if he can point us to one house being burnt down due to S7 honesty.