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Author Topic: Mining litecoin or bitcoin?  (Read 668 times)
M_13 (OP)
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June 27, 2016, 11:55:08 AM
Last edit: June 27, 2016, 12:45:55 PM by M_13
 #1

Good evening I would like to know if I might undermine with this hardware:

https://www.amazon.com/AntMiner-S3-441Gh-0-77W-SHA-256/dp/B00NZDBWKG/ref=pd_sim_147_7?ie=UTF8&dpID=51yEGQTSg3L&dpSrc=sims&preST=_AC_UL160_SR160%2C160_&psc=1&refRID=P6A489NQWKZZB6BZQX99


I'll use a few months and I have tried to undermine the CPU of the PC but I would like to switch to external hardware you what do you recommend?
With the PC I tried to undermine litecoin because I can not even think of undermining Bitcoin because it is impossible  Grin

Thanks for your attention
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 28, 2016, 12:50:30 PM
 #2

Good evening I would like to know if I might undermine with this hardware:

https://www.amazon.com/AntMiner-S3-441Gh-0-77W-SHA-256/dp/B00NZDBWKG/ref=pd_sim_147_7?ie=UTF8&dpID=51yEGQTSg3L&dpSrc=sims&preST=_AC_UL160_SR160%2C160_&psc=1&refRID=P6A489NQWKZZB6BZQX99


I'll use a few months and I have tried to undermine the CPU of the PC but I would like to switch to external hardware you what do you recommend?
With the PC I tried to undermine litecoin because I can not even think of undermining Bitcoin because it is impossible  Grin

Thanks for your attention

That gear is for BTC uses sha-256 base software to mine.

It can also mine PPC  with sha-256 .  you will need a psu to mine with it.

It uses .77 watts per gh or around 400 watts on full power.  It will not turn a profit unless you have free power and you can use the heat that it makes.
ebay seller of a psu


http://www.ebay.com/itm/HP-1200W-Power-Supply-PSU-Custom-Solder-Kit-for-Antminer-S3-S1-S5-Avalon-A6-/231963112292?hash=item3602143364:g:fewAAOSwIzNXOmBR


the s-3 on ebay

http://www.ebay.com/itm/Antminer-S3-Antminer-S3-453-GH-s-Bitcoin-ASIC-Miner-/182171025032?hash=item2a6a3d3e88:g:zfwAAOSwPc9Ww3ck

so the psu and 2 s-3's would be okay on it  total of under 140

or the psu and 1 s-3 total of under 90

it will lose money with out free power

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M_13 (OP)
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June 28, 2016, 06:42:18 PM
 #3

Good evening I would like to know if I might undermine with this hardware:

https://www.amazon.com/AntMiner-S3-441Gh-0-77W-SHA-256/dp/B00NZDBWKG/ref=pd_sim_147_7?ie=UTF8&dpID=51yEGQTSg3L&dpSrc=sims&preST=_AC_UL160_SR160%2C160_&psc=1&refRID=P6A489NQWKZZB6BZQX99


I'll use a few months and I have tried to undermine the CPU of the PC but I would like to switch to external hardware you what do you recommend?
With the PC I tried to undermine litecoin because I can not even think of undermining Bitcoin because it is impossible  Grin

Thanks for your attention

That gear is for BTC uses sha-256 base software to mine.

It can also mine PPC  with sha-256 .  you will need a psu to mine with it.

It uses .77 watts per gh or around 400 watts on full power.  It will not turn a profit unless you have free power and you can use the heat that it makes.
ebay seller of a psu


http://www.ebay.com/itm/HP-1200W-Power-Supply-PSU-Custom-Solder-Kit-for-Antminer-S3-S1-S5-Avalon-A6-/231963112292?hash=item3602143364:g:fewAAOSwIzNXOmBR


the s-3 on ebay

http://www.ebay.com/itm/Antminer-S3-Antminer-S3-453-GH-s-Bitcoin-ASIC-Miner-/182171025032?hash=item2a6a3d3e88:g:zfwAAOSwPc9Ww3ck

so the psu and 2 s-3's would be okay on it  total of under 140

or the psu and 1 s-3 total of under 90

it will lose money with out free power

Thank you, How soon can I get a profit?
notlist3d
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June 28, 2016, 06:55:43 PM
 #4

Good evening I would like to know if I might undermine with this hardware:

https://www.amazon.com/AntMiner-S3-441Gh-0-77W-SHA-256/dp/B00NZDBWKG/ref=pd_sim_147_7?ie=UTF8&dpID=51yEGQTSg3L&dpSrc=sims&preST=_AC_UL160_SR160%2C160_&psc=1&refRID=P6A489NQWKZZB6BZQX99


I'll use a few months and I have tried to undermine the CPU of the PC but I would like to switch to external hardware you what do you recommend?
With the PC I tried to undermine litecoin because I can not even think of undermining Bitcoin because it is impossible  Grin

Thanks for your attention

That gear is for BTC uses sha-256 base software to mine.

It can also mine PPC  with sha-256 .  you will need a psu to mine with it.

It uses .77 watts per gh or around 400 watts on full power.  It will not turn a profit unless you have free power and you can use the heat that it makes.
ebay seller of a psu


http://www.ebay.com/itm/HP-1200W-Power-Supply-PSU-Custom-Solder-Kit-for-Antminer-S3-S1-S5-Avalon-A6-/231963112292?hash=item3602143364:g:fewAAOSwIzNXOmBR


the s-3 on ebay

http://www.ebay.com/itm/Antminer-S3-Antminer-S3-453-GH-s-Bitcoin-ASIC-Miner-/182171025032?hash=item2a6a3d3e88:g:zfwAAOSwPc9Ww3ck

so the psu and 2 s-3's would be okay on it  total of under 140

or the psu and 1 s-3 total of under 90

it will lose money with out free power

Thank you, How soon can I get a profit?

No one can say exactly for sure when you will hit profit.  To many varibles such as seem's your looking at buying in USD.  So BTC could raise in value during mining and hit quicker.   Also we don't know what difficulty will do over next month's so we speculate.  But we just don't have the info to do this even for you.

For a S3 you need very very cheap or "free" electricity at this point they are good machines just dated.   What is your electricity rate? (include fee's and taxes)
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