S2 still profiatble after BTC halving?

[BTCBinary]

I want to hear your opinions on the subject!

will the S2 be still profiatble after the BTC halving?

[QuintLeo]

If you have insanely cheap electric, perhaps.

Most likely, no.

 Even the S5 projects to get very marginal by that point, if difficulty rate of increases stays about the same and the price of bitcoin stays flat, even with CHEAP electricity.

[Amph]

there is profit even at $0.11 kw/h today, so with the halving you need a electricity that is around half of that in the worst case or a new miner which has a ratio that is 2:1 between hash and power, so x2 the efficiency of your s2

[BTCBinary]

Probably would be better of with a S5...
I'll have to do my math! Been using coinwarz for profitability comparisons, what other sites do you recommend?

[QuintLeo]

https://bitcoinwisdom.com

 Since turn of the year, average of difficulty increases has been appx. 1.6%

 Yes, at 5 cents/KWH I estimate that the S5 will be profitable as of the next halfing - BARELY - if diff increases continue to average out at 1.6% and price of bitcoin stays flat - but after a very few months it'll be breakeven then a loss under those estimate conditions.

 We'll also have the "next generation" by then, probably from at least 4 companies, hashing away in major farms even if not available to mere "home" miners, to help keep pushing difficulty up.

[-droid-]

I think as long as diff keeps rising the same % the S2 would be profitable under very rare circumstances (cheap or free power) unless Bitmain comes out with an upgrade path like they said they would initially.

[jonnybravo0311]

The S2, just like any other piece of mining hardware, is affected by the same set of factors: how much it costs to run it, how much coin it generates, how much the coin is worth.  If the circumstances at the time of the halving are such that the profit made from the mined coin is higher than the expenses for mining them, then it'll still be profitable.  Nobody can predict the future, so nobody can really answer your question.

However, at the current levels... that S2 expects to make 0.009846BTC or ~$2.80 a day.  It pulls 1100W from the wall.  At $0.10 per kWh, the S2 is costing you $2.64 to run... so you're still squeaking out a profit .