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Newbie questions regarding the Antminer S2
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Topic: Newbie questions regarding the Antminer S2 (Read 748 times)
djmulder
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Newbie questions regarding the Antminer S2
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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Re: Newbie questions regarding the Antminer S2
July 30, 2016, 07:10:44 PM
#2
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
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Re: Newbie questions regarding the Antminer S2
July 30, 2016, 07:54:10 PM
#3
well I get it for 70 euroes and no shipping..
but yeh power seems too expensive
QuintLeo
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Re: Newbie questions regarding the Antminer S2
July 30, 2016, 08:50:12 PM
#4
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.
I'm no longer legendary just in my own mind!
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djmulder
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Re: Newbie questions regarding the Antminer S2
July 31, 2016, 09:03:41 AM
#5
well that answered my questions ^.^ thanks for the information I'll keep looking for another deal
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