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djmulder (OP)
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July 30, 2016, 04:55:59 PM
 #1
Hi there,

I'm pretty new to bitcoin mining and I manage to find a "good" price on the antminer s2. I'm curious on if it's still worth it, considering it's humongous power usage I'm having my doubts.

Am I overthinking things perhaps?

Could you guys direct me in the proper direction?

Kind regards,



DJM
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unholycactus
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July 30, 2016, 07:10:44 PM
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With an S2 it's pretty simple.
Unless you have free or close to free (under 4cents/kWh), it won't be worth it.
Have you thought about shipping prices too?
djmulder (OP)
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July 30, 2016, 07:54:10 PM
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well I get it for 70 euroes and no shipping..

but yeh power seems too expensive
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July 30, 2016, 08:50:12 PM
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As inefficent as the S2 is, your electric needs to be FREE for it to be profitable at all - and that's going to be a very small profit for a lot of electric used.
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July 31, 2016, 09:03:41 AM
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well that answered my questions ^.^ thanks for the information I'll keep looking for another deal Smiley
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