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Bitcoin++ (OP)
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June 18, 2014, 06:55:39 AM |
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Looks like it will run at a loss in a month or two, at least for people like me who pays $0.20 / kWh.
What then? There should be people around with super cheap electricity who can squeeze a few hundred bucks out of it. But I don't know where/how to sell and what the price shipping will be (Im not in the US).
Using it for heating is an option. But then I need to underclock and get a more silent fan. All those cables etc won't look nice either.
What are your plans?
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chandan123
Full Member
 Offline
Activity: 212
Merit: 100
Hi
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June 18, 2014, 07:00:18 AM |
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better to sell and get rid of that if electricity costs more
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Bicknellski
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June 18, 2014, 10:12:19 AM |
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Looks like it will run at a loss in a month or two, at least for people like me who pays $0.20 / kWh.
What then? There should be people around with super cheap electricity who can squeeze a few hundred bucks out of it. But I don't know where/how to sell and what the price shipping will be (Im not in the US).
Using it for heating is an option. But then I need to underclock and get a more silent fan. All those cables etc won't look nice either.
What are your plans?
Donate it to a local Montessori school and explain it to the kids how it works. |
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stergium
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June 18, 2014, 12:26:31 PM |
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My personal plans are to keep them until they die. and then resurect them. and then die again.
power consumption is not an issue for me.
If you want to sell it you can try ebay or even create a topic here for any people interested.
I might also , depends on the price obviously
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Slaine
Newbie
Offline
Activity: 29
Merit: 0
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June 18, 2014, 12:50:46 PM |
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I'll undervolt mine and use it to help heat the conservatory in winter.
I cant see there being a great price difference between the S3 upgrade kit and just buying a complete S3
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ChuckBuck
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June 18, 2014, 01:42:46 PM |
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Sell it and use the money to get an S3!  That thing is sexy as f##3!!! |
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SEGMining
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June 18, 2014, 01:53:14 PM |
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We would be interested in purchasing your old Antminer S1s at a reasonable price.
Anyone who is interested, please PM me.
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SEGMINING Miner Co-Location in Vancouver, WA $75/KW/Month with VPN access to your hardware http://segmining.com |
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DrG
Legendary
Offline
Activity: 2086
Merit: 1035
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June 19, 2014, 09:56:21 AM |
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Unless you're selling in bulk most people won't be able to sell off the S1 with shipping since that would negate any earnings potential. If you can find a buyer locally you might get some $ for it.
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KimNam
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June 19, 2014, 11:06:45 AM |
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hard to sell S1 now it's good thing when i sold 2x S1 to my local friend since S1 become unprofitable anymore and not good Watt/GHS try to sell in your local market, maybe someone want it and buy from you good luck to find buyer  Sell it and use the money to get an S3! That thing is sexy as f##3!!! i didn't find information about S3 before where do you get that info?  |
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ChuckBuck
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June 19, 2014, 01:07:39 PM |
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hard to sell S1 now it's good thing when i sold 2x S1 to my local friend since S1 become unprofitable anymore and not good Watt/GHS try to sell in your local market, maybe someone want it and buy from you good luck to find buyer Sell it and use the money to get an S3! That thing is sexy as f##3!!! i didn't find information about S3 before where do you get that info? Here's the money shot: https://bitcointalk.org/index.php?topic=656461.0Drool city, drool drool city bitch! |
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ChuckBuck
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June 19, 2014, 01:09:20 PM |
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Unless you're selling in bulk most people won't be able to sell off the S1 with shipping since that would negate any earnings potential. If you can find a buyer locally you might get some $ for it.
If you can't sell it, wait for the upgrade paths for the S1 and S2 that Bitmain announced, along with their S3 offering. |
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KimNam
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June 19, 2014, 02:46:51 PM |
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hard to sell S1 now it's good thing when i sold 2x S1 to my local friend since S1 become unprofitable anymore and not good Watt/GHS try to sell in your local market, maybe someone want it and buy from you good luck to find buyer Sell it and use the money to get an S3! That thing is sexy as f##3!!! i didn't find information about S3 before where do you get that info? Here's the money shot: https://bitcointalk.org/index.php?topic=656461.0Drool city, drool drool city bitch! thanks for the link i thought they will make S3 for 2 TH/s before it seems they make product with newer chips to reduce W/GHS but so many people pesimistic about ROI in their S3 thread:( |
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ChuckBuck
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June 19, 2014, 02:57:24 PM |
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hard to sell S1 now it's good thing when i sold 2x S1 to my local friend since S1 become unprofitable anymore and not good Watt/GHS try to sell in your local market, maybe someone want it and buy from you good luck to find buyer Sell it and use the money to get an S3! That thing is sexy as f##3!!! i didn't find information about S3 before where do you get that info? Here's the money shot: https://bitcointalk.org/index.php?topic=656461.0Drool city, drool drool city bitch! thanks for the link i thought they will make S3 for 2 TH/s before it seems they make product with newer chips to reduce W/GHS but so many people pesimistic about ROI in their S3 thread:( S3 is the replacement for the S1, for home and mid-range miners, and for replacing S1 farms. The yet to be announced S4 will replace the S2, probably after S3 batches are sold this summer. |
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KimNam
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June 19, 2014, 04:39:43 PM |
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S3 is the replacement for the S1, for home and mid-range miners, and for replacing S1 farms.
The yet to be announced S4 will replace the S2, probably after S3 batches are sold this summer.
yeah S3 is for S1 replacement since it's < 1 TH/s so we need to buy many S3 (like we do with S1), and run it together to mine BTC if their prices is good, maybe i'll buy and try it |
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64dimensions
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June 19, 2014, 04:56:06 PM |
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Dude,
If you would have taken the above poster's advice and read the S1 undervoltage thread, you would have found out 2 things:
1) Undervolting the S1 results in it running cooler and as people noted in that thread as a consequence, the fan runs slower therefore quieter.
2) The Master, BITMAIN, released two mods that allows you to run the S1 in a 1W per Gh/s configuration. So instead of running at 360 W stock, the S1 is drawing around 100W after his mod while mining.
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cooldgamer
Legendary
Offline
Activity: 1218
Merit: 1003
We are the champions of the night
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June 19, 2014, 06:59:14 PM |
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Keep it around and undervolt it when it starts losing money. Soon you'll be able to upgrade it to an S3.
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rograz
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June 20, 2014, 03:41:23 AM |
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Keep it around and undervolt it when it starts losing money. Soon you'll be able to upgrade it to an S3.
The big question here is though if it's worth upgrading to an S3 rather than just keeping your S1 undervolted and mine with "free" gear at 100W@100GHs. For it to be worth it really the difference between the complete S3 and the upgrade kit has to be "worth more" than the performance you get out of the undervolted S1, else you are better off just buying complete S3s. |
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DirtFighter
Member
Offline
Activity: 62
Merit: 10
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June 20, 2014, 10:34:38 AM |
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Mine is plugging away still..currently costing about 30% of revenue to operate….I guess when the S3 comes out if the price is right I will get one and/or upgrade my S1
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Take a DEEP breath…thats still free
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