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JohnS2114 (OP)
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January 28, 2016, 07:45:12 AM
 #1
Hello,

I'm looking to start bitcoin mining and i have some questions:
1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need  psu for the miner?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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January 28, 2016, 07:50:19 AM
 #2
Quote from: JohnS2114 on January 28, 2016, 07:45:12 AM
Hello,

I'm looking to start bitcoin mining and i have some questions:
1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need  psu for the miner?

If you have very cheap electricity, sure. It is a good miner, its just showing age in term of efficiency. The price is also a bit steep, you can probably find better. And yes you would need a PSU.

An EVGA gold G2 750 would do two nicely.

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JohnS2114 (OP)
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January 28, 2016, 07:54:05 AM
 #3
how many watts an hour would this particular miner use an hour?
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January 28, 2016, 07:55:44 AM
 #4
Here's the website of the producer:

https://bitmaintech.com/productDetail.htm?pid=00020140630025130637RV8OhOwt06BC

It has all the specs you need Wink
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JohnS2114 (OP)
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January 28, 2016, 08:15:48 AM
 #5
also i forgot to ask how many bitcoins would i get a week with this as an estimate?
mocacinno
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January 28, 2016, 08:30:13 AM
 #6
Quote from: JohnS2114 on January 28, 2016, 08:15:48 AM
also i forgot to ask how many bitcoins would i get a week with this as an estimate?

You can use this link to calculate:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator

It's best to fill in your power cost, mining fee, hardware price,... in order to get a full profitability estimate (based on the current network status... This estimate is in no way a promise of income, the price will change, the diff will rise, the blocks will halve,...
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January 28, 2016, 09:21:32 AM
 #7
Quote from: JohnS2114 on January 28, 2016, 07:45:12 AM
1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need  psu for the miner?
1. Yes it is but perhaps you could head over the following section of this forum and even find a better deal (even if it means buying second hand as long as from a trusted person) https://bitcointalk.org/index.php?board=75.0  It would be more than enough to help you to get a good taste of mining.

2. Yes it's a necessity.

Quote from: JohnS2114 on January 28, 2016, 08:15:48 AM
also i forgot to ask how many bitcoins would i get a week with this as an estimate?
Assuming the difficulty stays as the same (It doesn't), you would roughly be earning around $5 in a week.
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