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Author Topic: Free electricity bills for me  (Read 942 times)
franc0 (OP)
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November 04, 2015, 10:58:42 PM
 #1

Ok, so i want to take advantage of my free electricity. Want advice on what hardware to buy taking into account that my electricity bills will be free.

I want speed (GH/S)/ low price hardware for mining. Any advice?

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November 04, 2015, 11:38:16 PM
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I use S2's at the college i am at.....best gh's per $  Im tempted to buy a s7 or something though...
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November 05, 2015, 12:00:24 AM
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Ok, so i want to take advantage of my free electricity. Want advice on what hardware to buy taking into account that my electricity bills will be free.

I want speed (GH/S)/ low price hardware for mining. Any advice?

It all depends on what you can get a good price on.  With "free" you are looking for quick ROI normally used gear.  You started at a bad time as surge raised gear price most likely.

Keep sound and heat in mind when you are thinking about sitting it up.
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November 05, 2015, 01:47:07 AM
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So for example with a s2 equipment how many bitcoins i can get mining per month..? I know there is a lot of factors, like choosing the right pool and depending on the difficulty of the mathematical problems to resolve. But an approximate?

Half bitcoin per month i could get?  

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November 05, 2015, 02:39:14 AM
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I use S2's at the college i am at.....best gh's per $  Im tempted to buy a s7 or something though...

Maybe you could answer me that! Smiley

How many bitcoin that miner generates per month for you? half bitcoin?

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November 05, 2015, 06:08:29 AM
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So for example with a s2 equipment how many bitcoins i can get mining per month..? I know there is a lot of factors, like choosing the right pool and depending on the difficulty of the mathematical problems to resolve. But an approximate?

Half bitcoin per month i could get?  

I suggest doing ROI math on a site such as: https://bitcoinwisdom.com/bitcoin/calculator

With it you can enter your stat's a speculation on difficulty, and come out with a number.  It should help you a lot.
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November 05, 2015, 06:59:20 AM
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Your electricity may be free but do you have free cooling equipment?  That would limit what you could use.
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November 05, 2015, 07:36:17 AM
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So for example with a s2 equipment how many bitcoins i can get mining per month..? I know there is a lot of factors, like choosing the right pool and depending on the difficulty of the mathematical problems to resolve. But an approximate?

Half bitcoin per month i could get?  

no the s2 can deliver 0.008 per day, which mean 0.24 a month, you need two of them, if diff do not increase

but it will increase in less than two week
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November 05, 2015, 12:38:08 PM
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Your limit on "free electricity" is probably going to determine the most you can mine.
At this point, you would want to go with Antminer S7 units as they are the most efficient.

On the other hand, if you have enough "free electric" and not enough cash to buy enough miners to max out your power, you might want to look into older miners where you can buy more TH per $ because they're less efficient.


 There are too many variables for us to give "One True Answer", other than "It Depends...".

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November 05, 2015, 12:42:35 PM
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no the s2 can deliver 0.008 per day, which mean 0.24 a month, you need two of them, if diff do not increase

but it will increase in less than two week

 That doesn't sound right at all, that's very close to what my S5 units are generating (.0095 right now theoretical max) - the S2 is a LOT lower hashspeed than the S5.


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November 05, 2015, 01:15:43 PM
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no the s2 can deliver 0.008 per day, which mean 0.24 a month, you need two of them, if diff do not increase

but it will increase in less than two week

 That doesn't sound right at all, that's very close to what my S5 units are generating (.0095 right now theoretical max) - the S2 is a LOT lower hashspeed than the S5.



Almost the same hashrate. 1Th/s

Just different efficencies.

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November 05, 2015, 01:18:10 PM
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no the s2 can deliver 0.008 per day, which mean 0.24 a month, you need two of them, if diff do not increase

but it will increase in less than two week

 That doesn't sound right at all, that's very close to what my S5 units are generating (.0095 right now theoretical max) - the S2 is a LOT lower hashspeed than the S5.


They are almost identical in hash rate.  The S2 is a 1TH/s miner that consumes about 1100W at the wall.  The S5 is a 1.155TH/s miner that consumes 590W at the wall.

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November 06, 2015, 12:16:44 AM
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Never mind, I was thinking S1 for some reason.

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November 06, 2015, 08:48:14 PM
 #14

Ok, so i want to take advantage of my free electricity. Want advice on what hardware to buy taking into account that my electricity bills will be free.

I want speed (GH/S)/ low price hardware for mining. Any advice?

S2 and S3 for sure. Spondoolies also got some reliable equipment though.

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November 07, 2015, 01:12:54 AM
 #15

Ok, so i want to take advantage of my free electricity. Want advice on what hardware to buy taking into account that my electricity bills will be free.

I want speed (GH/S)/ low price hardware for mining. Any advice?

S2 and S3 for sure. Spondoolies also got some reliable equipment though.

I would go with the S3 if you truly have "free" electricity.   SP20 is a better miner (along with S5, and Avalon 4.1).  But you are going to pay more for that efficiency.  So higher initial cost.

And if you have "free" electricity efficiency will not be your number one thing but ROI timing will be.
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November 07, 2015, 11:51:30 AM
 #16

Sir you can try avalon cost of 1.6 bitcoin then hashrate is 1.3th/s power consumption is 600-690 wattage
You can earn 0.31964834 BTC per month
If you are  planning buying much hashrate bitmain s7 is good but the price is around 25 bitcoins...

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November 07, 2015, 12:51:27 PM
 #17

Sir you can try avalon cost of 1.6 bitcoin then hashrate is 1.3th/s power consumption is 600-690 wattage
You can earn 0.31964834 BTC per month
If you are  planning buying much hashrate bitmain s7 is good but the price is around 25 bitcoins...

Where are you getting hashrate numbers from?  The newest S7 is 4 BTC not near the 25 BTC you mention.

Even if you did hashnest or something definitely not 25 BTC for 1 S7 miner.  I think you have your numbers crossed.
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