miaviator
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It's for the children!
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September 12, 2014, 06:03:30 PM |
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I just thought you looked lonely here. So I stopped in to sing you a little ditty. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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edonkey
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September 13, 2014, 03:26:50 AM |
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Seeing as how this thread needs a bit of discussion, here goes...
Suchmoon, you mentioned before that you had some success offloading script miners before they became worthless, then rolling the proceeds into more powerful mining hardware.
So have you sold your S3's yet? I'm around 68% of ROI (batch 3) after 45 days mined. Note that I have free power at a data center, which helps.
Anyway, I've been tempted for the last week or so to sell the S3s and cover the rest of the ROI (and then some).
The thing is that selling on EBay is a pain. In the end, laziness might win and I just coast into a slow ROI by doing nothing ;-)
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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thefix
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September 13, 2014, 03:57:12 AM |
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Seeing as how this thread needs a bit of discussion, here goes...
Suchmoon, you mentioned before that you had some success offloading script miners before they became worthless, then rolling the proceeds into more powerful mining hardware.
So have you sold your S3's yet? I'm around 68% of ROI (batch 3) after 45 days mined. Note that I have free power at a data center, which helps.
Anyway, I've been tempted for the last week or so to sell the S3s and cover the rest of the ROI (and then some).
The thing is that selling on EBay is a pain. In the end, laziness might win and I just coast into a slow ROI by doing nothing ;-)
I am with you brother, Ebay is such a pain!
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suchmoon (OP)
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https://bpip.org
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September 13, 2014, 04:02:08 AM |
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Seeing as how this thread needs a bit of discussion, here goes...
Suchmoon, you mentioned before that you had some success offloading script miners before they became worthless, then rolling the proceeds into more powerful mining hardware.
So have you sold your S3's yet? I'm around 68% of ROI (batch 3) after 45 days mined. Note that I have free power at a data center, which helps.
Anyway, I've been tempted for the last week or so to sell the S3s and cover the rest of the ROI (and then some).
The thing is that selling on EBay is a pain. In the end, laziness might win and I just coast into a slow ROI by doing nothing ;-)
I did that quite successfully until Scrypt hardware development basically stopped with Zeus... no progress in the last ~3 months, while LTC tumbled down. Lost a ton of money right there. I grabbed some overpriced SilverFish and Innosilicon miners, they're good but expensive. I actually went back from Zeus to Gridseed - sold off Zeus miners, bought uber cheap Gridseed blades, maybe less compact but half the power consumption and will keep me afloat until L1 or something else affordable shows up. Perhaps used Titans ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, to your question re S3, I'm not selling them yet. If they're anything like the S1, people will buy them even when they're not profitable anymore at my power cost, which is sadly not free ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Even the S1, which have ROIed for me long ago are still selling for $80-100 on eBay, I'm slowly getting rid of them as I run of space/amps, but I'll keep the S2s, S3s, SP10s, Rockminers, and some other assorted SHA256 hardware. It seems to be going down in price much more predictably than Scrypt hardware, so no, I'm not getting rid of them preemptively. To be honest, I haven't done the math, maybe it makes sense to sell the S3s seeing that they are in a bit of a short supply at the moment. But I still want to use up the resources that I have in the most efficient way, and there isn't anything else that would be significantly better than the S3, so I'd rather keep them. eBay hasn't been too bad for me. Only once got a brick returned to me ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I've sold some miners on Amazon too, prices sometimes are higher there.
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Flep182
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September 13, 2014, 02:57:14 PM |
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Could be that I'm searching from Europe but I can't find anything on Ebay lower for Ant S1 than 130 + 20 shipping. And that's EUR, not USD ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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suchmoon (OP)
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https://bpip.org
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September 13, 2014, 04:02:56 PM |
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Could be that I'm searching from Europe but I can't find anything on Ebay lower for Ant S1 than 130 + 20 shipping. And that's EUR, not USD ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Edit: somehow my response disappeared. I definitely see lower prices. Try using ebay.com and set your location to USA. Not really helping, I know ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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edonkey
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September 14, 2014, 03:42:26 PM |
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Seeing as how this thread needs a bit of discussion, here goes...
Suchmoon, you mentioned before that you had some success offloading script miners before they became worthless, then rolling the proceeds into more powerful mining hardware.
So have you sold your S3's yet? I'm around 68% of ROI (batch 3) after 45 days mined. Note that I have free power at a data center, which helps.
Anyway, I've been tempted for the last week or so to sell the S3s and cover the rest of the ROI (and then some).
The thing is that selling on EBay is a pain. In the end, laziness might win and I just coast into a slow ROI by doing nothing ;-)
I did that quite successfully until Scrypt hardware development basically stopped with Zeus... no progress in the last ~3 months, while LTC tumbled down. Lost a ton of money right there. I grabbed some overpriced SilverFish and Innosilicon miners, they're good but expensive. I actually went back from Zeus to Gridseed - sold off Zeus miners, bought uber cheap Gridseed blades, maybe less compact but half the power consumption and will keep me afloat until L1 or something else affordable shows up. Perhaps used Titans ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, to your question re S3, I'm not selling them yet. If they're anything like the S1, people will buy them even when they're not profitable anymore at my power cost, which is sadly not free ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Even the S1, which have ROIed for me long ago are still selling for $80-100 on eBay, I'm slowly getting rid of them as I run of space/amps, but I'll keep the S2s, S3s, SP10s, Rockminers, and some other assorted SHA256 hardware. It seems to be going down in price much more predictably than Scrypt hardware, so no, I'm not getting rid of them preemptively. To be honest, I haven't done the math, maybe it makes sense to sell the S3s seeing that they are in a bit of a short supply at the moment. But I still want to use up the resources that I have in the most efficient way, and there isn't anything else that would be significantly better than the S3, so I'd rather keep them. eBay hasn't been too bad for me. Only once got a brick returned to me ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I've sold some miners on Amazon too, prices sometimes are higher there. Thanks for the feedback. I'm pretty much in agreement and am holding my S3s. Sure if I sell today at 0.6 BTC a unit (assuming that I can still get that with B8 now shipping) minus about $30 for shipping, I'd be about 48% over ROI. Whereas if I hold them, I'm looking at just hitting ROI in about 24 days (with pessimistic guesses about the difficulty increases). It will take a while to match the profit of selling today. And of course the further out in the future you push it, the harder it gets to predict difficulty and the corresponding profitability. But the issue for me is that if I sell the S3s, I'd be bored. Unlike you, I held on to my crappy early gen GridSeeds (5 chip and DualMiner units) and didn't update. As you might expect, those aren't making much BTC nowadays. If I didn't have free power, I doubt I'd keep them running. Since there really is no mining hardware alternative that has a chance of an ROI, I think I'll stick with my S3's just to keep some skin in the game. Maybe if something new comes out, or if the L1 really gets delivered, I'll look into refreshing my hardware. Hopefully history will hold and the S3s will still have some value then.
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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suchmoon (OP)
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September 14, 2014, 04:53:12 PM |
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Main chart has been updated for today: http://cryp.todayCheck out rental pricing page: http://cryp.today/currentLTC is poised for a massive difficulty jump in a few hours after a month of not moving much in any direction. Must be all those Titans before being put into boxes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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suchmoon (OP)
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September 14, 2014, 05:01:25 PM |
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Since there really is no mining hardware alternative that has a chance of an ROI, I think I'll stick with my S3's just to keep some skin in the game. Maybe if something new comes out, or if the L1 really gets delivered, I'll look into refreshing my hardware. Hopefully history will hold and the S3s will still have some value then.
I'm looking at the SP20. Sure it's too expensive and too far out, but unlike many other miners it's priced in USD. So if BTC moves up it can become more attractive, since I purchase everything for BTC and do my ROI math in BTC too. That's how I got some SP10s back in June and those are the best engineered miners I've seen albeit somewhat loud ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Then there is S3+ B9, hopefully they'll price it appropriately.
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edonkey
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September 15, 2014, 02:33:35 PM |
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Since there really is no mining hardware alternative that has a chance of an ROI, I think I'll stick with my S3's just to keep some skin in the game. Maybe if something new comes out, or if the L1 really gets delivered, I'll look into refreshing my hardware. Hopefully history will hold and the S3s will still have some value then.
I'm looking at the SP20. Sure it's too expensive and too far out, but unlike many other miners it's priced in USD. So if BTC moves up it can become more attractive, since I purchase everything for BTC and do my ROI math in BTC too. That's how I got some SP10s back in June and those are the best engineered miners I've seen albeit somewhat loud ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Then there is S3+ B9, hopefully they'll price it appropriately. Thanks for the tip on the SP20. I hadn't seen that model for some reason. I'll keep my eye on it, but I agree it's too far out time wise. Mid to end of October is a long time away in this market. I've also come to the conclusion that keeping things in BTC is the only reasonable way to calculate ROI. Anything else is more like currency speculation and wishful thinking than ROI calculation. BTW, Bitmain announced B9 of the S3+ shipping on September 18th for 0.58 BTC. To put this price in perspective, this is only 0.089175 BTC less than my batch 3 units (after subtracting the refund that Bitmain offered).
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Was I helpful? BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
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suchmoon (OP)
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September 15, 2014, 05:02:16 PM |
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Main chart has been updated for today: http://cryp.todayCheck out rental pricing page: http://cryp.today/currentScrypt profitability is quite good these days. Could be due to Doge.
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suchmoon (OP)
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https://bpip.org
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September 15, 2014, 05:04:57 PM |
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BTW, Bitmain announced B9 of the S3+ shipping on September 18th for 0.58 BTC. To put this price in perspective, this is only 0.089175 BTC less than my batch 3 units (after subtracting the refund that Bitmain offered).
That doesn't seem like a good price. I'll wait for B10 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Or S4 maybe.
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