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Author Topic: can you suggest other profitable miner except avalon 4.1?  (Read 916 times)
BitMaxz
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November 07, 2015, 10:26:14 AM
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Hi guys i was planning to buy a asic miner but i didnt know what is the good choice except to avalon 4.1.
Can you suggest another asic miner just like avalon. that has more low power consumption.

Our current consumption rate is $0.27-$0.43.

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November 07, 2015, 12:46:24 PM
 #2

Hi guys i was planning to buy a asic miner but i didnt know what is the good choice except to avalon 4.1.
Can you suggest another asic miner just like avalon. that has more low power consumption.

Our current consumption rate is $0.27-$0.43.


Your electricity is just to high to really mine.  Even at S7 efficiency I would not run at .27-.43 electricity.

Are you doing it just to learn? Or are you wanting to make profit.
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November 07, 2015, 12:57:57 PM
 #3

Hi guys i was planning to buy a asic miner but i didnt know what is the good choice except to avalon 4.1.
Can you suggest another asic miner just like avalon. that has more low power consumption.

Our current consumption rate is $0.27-$0.43.
if that is .27 usd to .43 usd you lose money mining in house.

I would mine with a hosting service if I were you.

you can go to hashnest and buy a piece of an s-7.


I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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November 07, 2015, 09:09:41 PM
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There is NOTHING out there capable of having any real chance of achieving RoI on a 27 cent/KWH electric rate.
There aren't many miners that will even achieve a short-term profit AT ALL at that high of an electric rate.


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November 07, 2015, 10:14:42 PM
 #5

There is NOTHING out there capable of having any real chance of achieving RoI on a 27 cent/KWH electric rate.
There aren't many miners that will even achieve a short-term profit AT ALL at that high of an electric rate.



Correct. And besides for a brief period of time in Nov 2013-Jan 2014, there was never any hardware that would ever make a profit at that high electricity rate during any period.

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Amph
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November 08, 2015, 08:00:37 AM
 #6

i'll do the little math for you, with 0.27 in electrcity, assuming this is the maximum, and not 0.43, because 0.43 is equal to 100% loss

you have per month, around 243 in consumption with a s7, and around 450 in earning, so a net around 200 of profit per month

this without counting diff, but even if we count 10% diff increase, you will only lose around 5% in profit
notlist3d
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November 08, 2015, 04:17:45 PM
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i'll do the little math for you, with 0.27 in electrcity, assuming this is the maximum, and not 0.43, because 0.43 is equal to 100% loss

you have per month, round 243 in consumption with a s7, and around 450 in earning, so a net around 200 of profit per month

this without counting diff, but even if we count 10% diff increase, you will only lose around 5% in profit

It would be insane to pay over double what you can get hosting for though.   I can't imagine unless for fun running at .27.

I would find a hosting center chances are it will be around .10 cents or less.  And that is without a huge quantity of miners.  You would be throwing ROI away with running at .27 let alone .43.
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November 09, 2015, 11:11:56 AM
 #8


this without counting diff, but even if we count 10% diff increase, you will only lose around 5% in profit


 10% diff increase would be a LOT MORE than 5% profit loss - more like 20-25% given how much of the profit would already be going to electric.

 Also, the S7 current batch isn't shipping for a bit over a month.


 Even an S7 will go unprofitable BEFORE the halfing at that electric rate, unless bitcoin price increases very close to as fast as the diff does (other than the recent Chinese-fueled surge, which is now fading away, I don't see any significant probability of Bitcoin price rising AT ALL much before the halfing).

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Amph
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November 10, 2015, 08:07:57 AM
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this without counting diff, but even if we count 10% diff increase, you will only lose around 5% in profit


 10% diff increase would be a LOT MORE than 5% profit loss - more like 20-25% given how much of the profit would already be going to electric.

 Also, the S7 current batch isn't shipping for a bit over a month.


 Even an S7 will go unprofitable BEFORE the halfing at that electric rate, unless bitcoin price increases very close to as fast as the diff does (other than the recent Chinese-fueled surge, which is now fading away, I don't see any significant probability of Bitcoin price rising AT ALL much before the halfing).


something is wrong then, because right now the diff is 62.5B, if we account 10% more, this mean we have roughly 70B

if i take an s5 for example, we fall from 0.0093(current diff) to 0.0082(70B diff = current diff plus 10%), which is 11%, no where near 25%...
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