Bitcoin Forum
May 03, 2024, 09:59:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Entering the bitcoin mining game need advice!  (Read 1834 times)
peligro
Hero Member
*****
Offline Offline

Activity: 593
Merit: 500


1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA


View Profile
August 28, 2015, 01:49:15 PM
 #21

I'll be honest with you on mining... While the S3 or the S3+'s are tanks you have to have 2 or 3 of them to have at least 1TH. I have 2 S3+'s personally and they run fine but don't expect ROI at all on really any hardware now. Keep it as a hobby otherwise being all about making money or a large amount of profit will take its toll. You need to take into account how much you'd be spending on electricity as well.


Thanks for the input ,

At the moment the current costs im being offered the S3's for

I can achieve ROI in 3 months excluding electricity costs,

I doubt you can. And leaving electricity costs beside is not smart either.

Somehow i think you never heard of the concept of rising difficulty. When you want to check if you will get ROI really then try out this form: https://tradeblock.com/bitcoin/mining/
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!