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Author Topic: Is a 2Gh/s ASIC good?  (Read 1583 times)
silverleafy
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September 28, 2015, 03:30:01 AM
 #21

Also, something worthwhile to mention is that if you're mining, you're in it for the long haul. Once you get some good mining equipment (like amph said, an S5 miner is pretty basic and is a good way to start), you usually have to persist or about a year, maybe two to break even. After that period is that you're going to start seeing profit, That is, assuming nothing really goes wrong and gets between you and profitable mining operation. An S5 is sold for about $450, and It may use up to 800W. It provides a hashing power of 1.1 Terahertz. The game is looking for something that is cheap, efficient (Gh/W is a good measurement to know) and has a respectable amount of hashing power (in my opinion a good start is two S5).
Mining is not for everyone, so be sure to know what you're getting into and whether you can get into it... before you find yourself making a purchase that you're going to regret.

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September 28, 2015, 06:04:16 AM
 #22

From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.

i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that

surely gh is not even worth with some altcoin anymore

that is 1 cent or .01BTC?
silverleafy
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September 29, 2015, 05:09:59 AM
 #23

From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.

i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that

surely gh is not even worth with some altcoin anymore

that is 1 cent or .01BTC?

I'm pretty sure it's 0.1 BTC, based on the profitability estimates I've seen. You usually seem break even in a year or two, so BTC0.01 or a little bit more is what makes sense in those timeframes.

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September 29, 2015, 02:15:26 PM
 #24

From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.

i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that

surely gh is not even worth with some altcoin anymore

that is 1 cent or .01BTC?

0.01 is 1/100 of btc which mean $2.4 per day
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September 29, 2015, 11:17:10 PM
 #25

Noperz. Unless you are mining a NEW out of the box altcoin right out of gate. That is the best fighting chance you will ever get at all in the mining game. You'd be hammered

by other people's ASICs until kingdom come. Someone said they may have mined a BTC solo mining with something like what you are looking at, but that is OUT TO ORBIT LUCK.

GOOD LUCK with that endeavor.

At LEAST a Ths miner could get you started, Methinks. Hell, I even have nearly 0.0001 on a Asic U3 for running it for a couple days. Won't help much till I pair it with the 2 antminer S3s.

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