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Author Topic: What about our old miners?  (Read 3430 times)
ThePhwner
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May 15, 2015, 05:34:49 PM
 #21

I use my negative-profitable Antminer S1 for heating my house in the winter now! It almost makes enough to pay for its electricity bill and make heating free!!! That is honestly the only use for them nowadays. I think it would be cool if you could program them to secure your server network system or something but not sure if its possible.

Here in the NC mountains we also prolong miner life by using them as heat in the winter. We also hung clotheslines in the miner room. Not so helpful for old miners necessarily but still fun.

Hand-carved Bitcoin stamps for sale: https://bitcointalk.org/index.php?topic=1247131
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May 16, 2015, 07:29:25 AM
 #22

Actually there may be some market for them.  For example I am interested in getting a "useless" miner such as the u3 to mine alt coins just for fun, or maybe play the bitcoin lottery.  However I would not pay some of the prices I see on ebay! 

With any business there is depreciation of equipment and mining is especially vulnerable.  Look at resale as a bonus and not as a loss.

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May 16, 2015, 01:35:53 PM
Last edit: May 17, 2015, 02:26:42 PM by timk225
 #23

See?  See?  See?  I TOLD YOU these ASICS would be useless in a year or less!  I TOLD YOU not to buy them!

I TOLD YOU

I TOLD YOU

I TOLD YOU

I knew I was right back then, too bad none of you did.  You all wanted to call me a troll and ignore me.  And now I have been proven right. Grin
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May 16, 2015, 08:25:16 PM
 #24

My old miners I will use for a few days when a new coin pops up and if its worth the time putting them to use on it. Other than that free heating but the cost of energy used £12 odd per day to run units costs more than any coin is generating unless maybe use for a few days gain some alt coins and then look at saving for when go to market and trade them up and sell later on at a good price to balance out the costs and some small profits along with keeping some of them for future use if it takes off.

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May 17, 2015, 05:48:57 AM
 #25

If it s GPU, you have a nice and a bit expensive heater. If something else, you take a hammer and have fun.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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May 17, 2015, 06:06:32 AM
 #26

depends.) if you are talking about FPGA or GPU, for sure you can play with it and learn something..but ASIC is designed "only" to do one single "task"..

I have find this thread : https://bitcointalk.org/index.php?topic=321527.0

And this is the interesting post:

- https://bitcointalk.org/index.php?topic=321527.msg3465327#msg3465327
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May 18, 2015, 03:11:22 AM
 #27

Old miners are museum pieces now.  Asking when an old miner will become useful again (in terms of profitability) is like asking when a Commodore 64 will be useful again for modern computing.  Time has moved on.

Keep old miners in pristine condition and who knows, maybe if bitcoin takes off the miner could be a valuable relic in the future? 

Mining 'for fun' is nonsense.  Plug in miner, run software, fun! Yay... seriously?
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May 18, 2015, 10:59:37 PM
 #28

I have always sold my "old" miners to someone with cheaper or "free" electricity.  The only one I worry about eventually is my 1.5 T dragon.  It just weighs so much one day when it is done running for me I have a feeling it will sit somewhere collecting dust.

I hope I'm wrong on that one, but it's just the heaviest miner I ever have gotten.  It's like a dragon 1T with thicker heat sinks and extra blades.
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May 25, 2015, 07:48:48 PM
 #29

Now that the heating season is over, I've finally disconnected my last 10 BlockEruptors. A few Antminers U1s are still mining, along with KnC Saturn, but the BE era is definitely over.  Cry

“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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May 27, 2015, 12:03:46 AM
 #30

Hello everyone!

What about our miners? As an user of Block Erupter ASIC Miner I used to mine within 2013 but I stopped in the end of 2014 when it was becoming impossible to mine with only 0.333 Ghash/sec. Plus, the GPU that mines at the same hash rate and a second computer with a smaller GPU that mines 80 Mhash/sec.

Does someone know how could we use them in a better condition than letting them mine with almost no chance to earn a small fragment of BTC?

What about our old miners? Many of them used to be interesting in 2011 and 2012. However, we are seeing how fast the BitCoin Network is growing, how fast is this decentralised network getting higher and higher. Today, there are more professional miners than casual miners because of the fact that Bitcoin mining became a more difficult task unless if we mine into an alternative coin. Anyone have an idea how can we give a second change to these little miners in order to still profit from the device? Anything that could be used with this type of device...

Thank you for your answers in advance!

put them up for sale in the marketplace

https://bitcointalk.org/index.php?board=75.0

title the thread:

 Do you have free power I have a deal for you.  

In fact I like this idea and I just did it.

I have no gear but I like the idea.

https://bitcointalk.org/index.php?topic=1071322.msg11459347#msg11459347

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May 27, 2015, 03:38:00 PM
 #31

They seem to me nothing but piece of shit as not just you, but anyone would not be able to mine any coins seeing current miners' entering the markets and eating up everything at the start already...

You will find yourself lucky if you ever get a buyer for your ^old miners^...

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May 28, 2015, 01:03:36 AM
 #32

If I were you, I'd sell your old hardware on eBay. Users tend to pay more for older hardware on there. Put a right price and make some money back.

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