nwfella
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Activity: 1582
Merit: 1000
Well hello there!
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January 04, 2016, 06:48:18 AM |
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Yup. faucets are pretty much just a good introduction for people that aren't ready to jump on board the bitcoin bandwagon with their own hard earned cash at this point.
I also agree with @fr4nkthetank regarding the efficiency of the chips continuing to amaze however I do think the drastic gains in power efficiency are going to start slowing down pretty dramatically this year.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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WhiteLight64
Newbie
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Activity: 3
Merit: 0
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January 05, 2016, 10:44:00 PM |
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With free power, what would be the ROI on a 1TH/s miner? Thinking of an S7 for a pool.
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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January 05, 2016, 11:00:42 PM |
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With free power, what would be the ROI on a 1TH/s miner? Thinking of an S7 for a pool.
It's not one size fit's all on mining. So many different things that effect this. What machine are you looking at? (There are a ton of 1T's). What price did you get it at? What is your electricity? Etc. So you need to tell a lot more info for us to be able to help. |
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WhiteLight64
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Activity: 3
Merit: 0
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January 06, 2016, 02:05:48 AM |
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Free electricity. Antminer S7 running 24/7
I guess what I'm asking is how profitable a 1T is with free power.
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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January 06, 2016, 02:40:56 AM |
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Free electricity. Antminer S7 running 24/7
I guess what I'm asking is how profitable a 1T is with free power.
Depends on price you pay for the 1T as far as profit. If your just wanting to see what it currently mines I like: https://bitcoinwisdom.com/bitcoin/calculatorWith it you can do difficulty the ones like coinwars and such that dont have difficulty so they are really far off. And we cannot guarantee future difficulty makes it speculation, but still hard to tell exact in a month or even month's. |
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WhiteLight64
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Activity: 3
Merit: 0
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January 06, 2016, 03:12:34 AM |
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Very cool calculator. Played with it a bit, even with free electricity, seems like it would take over a year to break even with S7 efficiency + prices, default 20% diff, assuming everything stayed the same, which it wouldn't.
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Amph
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Activity: 3206
Merit: 1069
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January 06, 2016, 08:05:54 AM |
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Very cool calculator. Played with it a bit, even with free electricity, seems like it would take over a year to break even with S7 efficiency + prices, default 20% diff, assuming everything stayed the same, which it wouldn't.
remember that 20%diff is a bit overkill to estimate, because the diff will not grow indefinitely, it will slow down at some point if the price remain there or if the efficiency do not come in |
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Xialla
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Activity: 1036
Merit: 1000
/dev/null
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January 06, 2016, 08:27:40 AM
Last edit: January 06, 2016, 08:56:25 AM by Xialla |
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Very cool calculator. Played with it a bit, even with free electricity, seems like it would take over a year to break even with S7 efficiency + prices, default 20% diff, assuming everything stayed the same, which it wouldn't.
of course. mining is already out of scope of geeks..and it will never change, since bitcoin have at least some dollar value. |
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European Central Bank
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Activity: 1288
Merit: 1087
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January 10, 2016, 09:09:27 PM |
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Well, I looked into mining when I first became interested. I was turned off the idea real fast. Too fast moving, too many sharp cookies.
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notlist3d
Legendary
Offline
Activity: 1456
Merit: 1000
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January 10, 2016, 10:44:45 PM |
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Very cool calculator. Played with it a bit, even with free electricity, seems like it would take over a year to break even with S7 efficiency + prices, default 20% diff, assuming everything stayed the same, which it wouldn't.
remember that 20%diff is a bit overkill to estimate, because the diff will not grow indefinitely, it will slow down at some point if the price remain there or if the efficiency do not come in I would agree it's slowing down some. Price has risen a little but not to the level of how fast difficulty is. I think it will slow down a little until more get next gen gear... then I predict fast paced again. So really hard to tell long term, and there is ofcourse having eventually. |
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Lutzow
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January 15, 2016, 07:14:01 AM |
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Very cool calculator. Played with it a bit, even with free electricity, seems like it would take over a year to break even with S7 efficiency + prices, default 20% diff, assuming everything stayed the same, which it wouldn't.
remember that 20%diff is a bit overkill to estimate, because the diff will not grow indefinitely, it will slow down at some point if the price remain there or if the efficiency do not come in I would agree it's slowing down some. Price has risen a little but not to the level of how fast difficulty is. I think it will slow down a little until more get next gen gear... then I predict fast paced again. So really hard to tell long term, and there is ofcourse having eventually. S7 and S5 prices continues to go down in hashnest market despite btc being on a low side as well. Current ROI is quite high but still people are selling their hashes trying to get out of cloud mining due to the difficulty increases. |
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