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I have been mining for the last few winters
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Topic: I have been mining for the last few winters (Read 630 times)
truckinusa44
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I have been mining for the last few winters
September 07, 2017, 08:35:35 AM
#1
I would probably mine continuously if I had a place to keep the miners cool. For the last 3 years I have bought a miner in the fall and sold it at the end of winter. I basically use it for supplemental heat and a lottery ticket for solo mining. What type of miner should I invest in? I lean towards trying to obtain an S9. Last winter I had a S7. I sold it for almost the same price I paid. I am aware that a number of alt coin miners are also available. My goal is to lose as little as possible when I resell the miner in 4 months. Where should I obtain the miner and what should I be considering? I have been keeping my eye out for GPUs, but it doesn't seem like something that is easy to get. I recently replaced the GPU on my PC and purchased a 1060 3gb model because the price is right. Apparently it hashes at 15mh with my attempt at mining with it. I need it to work for my PC so I don't care to mine with that full time. The deal I got I was only able to get one for $175. My electric rate in the winter time is 4-5 cents a KW/h.
Aurel577
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Re: I have been mining for the last few winters
September 07, 2017, 05:29:43 PM
#2
That is cheap electric I pay about double that. I also like the free heat I get in the winter months coming from the miners in the basement.
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Aurel57
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Re: I have been mining for the last few winters
September 07, 2017, 07:59:50 PM
#3
Realistically speaking the S7 or any miner of that generation will no longer produce much at all even at the low electrical cost of 4-5c per kw. Difficulty is rising too fast as it is. I'd recommend an S9 at Bitmain prices or some Dash/Litecoin equipment if you are lucky enough to snag one at manufacturer prices.
I hope you are aware of the noise the S9 makes. It's about as loud or more loud than the S7 due to even higher chip density; if that's an issue, the R4 will work.
QuintLeo
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Re: I have been mining for the last few winters
September 07, 2017, 11:54:37 PM
#4
Given you're using it as a heater replacement (effectively free electric), pretty much anything semi-recent should work. S7 again, S9, T9, R4, Avalon 741, etc.
S9//T9 should be right at the same noise level of the S7 you used to have, the rest will be quieter.
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