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Still worth it to buy antminer s1
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Topic: Still worth it to buy antminer s1 (Read 1908 times)
jeppe
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Still worth it to buy antminer s1
March 25, 2014, 12:23:22 PM
Last edit: March 25, 2014, 05:57:09 PM by jeppe
#1
Hi,
As The titel is it still worth it to invest in antminer s1?? I already have a few. After,calculating the break even point at 70 days with 7 days delivery to uk. With a profit of 0.4 in 220 days? 43% profit is still okay good or not?? This is with free power!!! (Used bitcoinwisdom for calculations) what other minerstatus are better investments?
Thanks,
Jt
bitterdog
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Re: Still worth it to buy antminer s1
March 25, 2014, 12:41:43 PM
#2
mine with it for 60 days then sell it.
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philipma1957
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Re: Still worth it to buy antminer s1
March 25, 2014, 01:11:33 PM
#3
Quote from: bitterdog on March 25, 2014, 12:41:43 PM
mine with it for 60 days then sell it.
this.
BTW my fifth one comes today. I can't go beyond 5 or 6 due to heat issues which will arise in june.
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CoinToTheMax
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Re: Still worth it to buy antminer s1
March 25, 2014, 04:29:50 PM
#4
Quote from: bitterdog on March 25, 2014, 12:41:43 PM
mine with it for 60 days then sell it.
why is it 60 days ?
jeppe
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Re: Still worth it to buy antminer s1
March 25, 2014, 05:59:45 PM
#5
I have been thinking about the 60 days and Then sell Them on ebay, but are there other miners that are better investments?
jeppe
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Re: Still worth it to buy antminer s1
March 25, 2014, 06:24:01 PM
#6
Okay just ordrer one more!!
Somekindabitcoin
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Re: Still worth it to buy antminer s1
March 25, 2014, 07:10:41 PM
#7
Then you can sell it for the same price as this guy:
http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd
And still make profit.
jeppe
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Re: Still worth it to buy antminer s1
March 25, 2014, 07:24:47 PM
#8
Quote from: Somekindabitcoin on March 25, 2014, 07:10:41 PM
Then you can sell it for the same price as this guy:
http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd
And still make profit.
WHO buys these for soo much?....
pbj sammich
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Fighting Liquid with Liquid
Re: Still worth it to buy antminer s1
March 25, 2014, 08:47:17 PM
#9
Quote from: jeppe on March 25, 2014, 07:24:47 PM
Quote from: Somekindabitcoin on March 25, 2014, 07:10:41 PM
Then you can sell it for the same price as this guy:
http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd
And still make profit.
WHO buys these for soo much?....
It's Ebay, nothing to be surprised about there
bitterdog
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dApps Development Automation Platform
Re: Still worth it to buy antminer s1
March 26, 2014, 02:55:36 AM
#10
Quote from: CoinToTheMax on March 25, 2014, 04:29:50 PM
Quote from: bitterdog on March 25, 2014, 12:41:43 PM
mine with it for 60 days then sell it.
why is it 60 days ?
60 days will probably net you about .75btc from mining . eBay you will probably net $600 after shipping and fees
So the miner costs you $550 in btc you make $50 profit there and you still have .75 btc =$400
$450 profit ROUGHLY without breaking out a calculator.
Phil is better with the actual numbers then I am.
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ChuckBuck
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better everyday ♥
Re: Still worth it to buy antminer s1
March 26, 2014, 03:31:09 AM
#11
Quote from: pbj sammich on March 25, 2014, 08:47:17 PM
Quote from: jeppe on March 25, 2014, 07:24:47 PM
Quote from: Somekindabitcoin on March 25, 2014, 07:10:41 PM
Then you can sell it for the same price as this guy:
http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd
And still make profit.
WHO buys these for soo much?....
It's Ebay, nothing to be surprised about there
Holy Hell, I gotta try this in like a month!
That is some redonkulous ish right there. For that price it better scratch my back!
Charity
Auction
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Cold
Scam
Littleshop
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Re: Still worth it to buy antminer s1
March 26, 2014, 03:32:01 AM
#12
Quote from: bitterdog on March 26, 2014, 02:55:36 AM
Quote from: CoinToTheMax on March 25, 2014, 04:29:50 PM
Quote from: bitterdog on March 25, 2014, 12:41:43 PM
mine with it for 60 days then sell it.
why is it 60 days ?
60 days will probably net you about .75btc from mining . eBay you will probably net $600 after shipping and fees
So the miner costs you $550 in btc you make $50 profit there and you still have .75 btc =$400
$450 profit ROUGHLY without breaking out a calculator.
Phil is better with the actual numbers then I am.
After 60 days it will not go for $600 though you might get $450. Then take $50 in ebay fees.
You still you could make $250. But I doubt you will make $450.
Seller since 2011 hundreds of orders shipped
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