Latest miners? What are you using? What's good? What to stay away from?

[promojo]

Looking at getting some heavy duty ASICs.   GAWMiners looks pretty decent.   Anybody have any recommendations and what hash rates they are getting and how much they have invested so far?   Looking to put in anywhere from $5,000 to $12,000.   Obviously with difficulty and what not this is not expected to be a get rich quick scheme.  I am well aware of that.   


Thanks in advance,


promoJo

[cloverme]

I'd stay away from GAW at the moment, they are having shipping issues, shilling in these forums, deleting posts on threads they mod, and just not focused on what they are doing. The owner is on a marketing blitz and not really running his biz. They hired a bunch of people and recently merged with another company... they'll probably iron out the problems in the next few months, but until then, fairly warned be thee says I.

See these threads:
https://bitcointalk.org/index.php?topic=731537.msg8304740
https://bitcointalk.org/index.php?topic=537912.msg830468

[GrandMasterB]

If you are in southern California I just bought my 2nd S3 from www.coiningsolutions.com. I didn't interact on the website but met the vendor in person. You can contact him through this forum if you are good for immediate delivery. Needless to say gas charges could apply if you're asking for a hand delivery.


My review of the company is here. I just updated my second transaction.

https://bitcointalk.org/index.php?topic=728773.new#new

[herebittybittybitty]

I wouldn't buy anything right now.

[EvilPanda]

You chose great, never had a single problem with GAW and have been dealing with them for almost 3 months.
Here's a great review of their hosting services by a reputable forum member:
https://bitcointalk.org/index.php?topic=698679.0;all

Don't forget to visit GAW community forum at http://hashtalk.org for more info.

[promojo]

I'd stay away from GAW at the moment, they are having shipping issues, shilling in these forums, deleting posts on threads they mod, and just not focused on what they are doing. The owner is on a marketing blitz and not really running his biz. They hired a bunch of people and recently merged with another company... they'll probably iron out the problems in the next few months, but until then, fairly warned be thee says I.

See these threads:
https://bitcointalk.org/index.php?topic=731537.msg8304740
https://bitcointalk.org/index.php?topic=537912.msg830468

Thanks for the heads up!   Who else would you recommend in Canada/United States/NA?

[promojo]

If you are in southern California I just bought my 2nd S3 from www.coiningsolutions.com. I didn't interact on the website but met the vendor in person. You can contact him through this forum if you are good for immediate delivery. Needless to say gas charges could apply if you're asking for a hand delivery.


My review of the company is here. I just updated my second transaction.

https://bitcointalk.org/index.php?topic=728773.new#new

Will he deliver to Canada?  I should ask.   

[promojo]

Looking at getting some heavy duty ASICs.   GAWMiners looks pretty decent.   Anybody have any recommendations and what hash rates they are getting and how much they have invested so far?   Looking to put in anywhere from $5,000 to $12,000.   Obviously with difficulty and what not this is not expected to be a get rich quick scheme.  I am well aware of that.   


Thanks in advance,


promoJo

I was looking at mining hardware offers and decided to give GAW a try. No problems so far.

What did you end up purchasing and what sort of yield in BTC are you getting per day given current difficulty?   Also how did you find the setup/support?


Thanks

[testerman]

Pls guys, do NOT BUY hardware, lets take a look the calculation,

Antminer S3!!!, it seems cheapest mining hardware in the world.

Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise.

Lets calculate the how much it costs..

0.68 BTC for 441 GHS.

340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh

0.68/441 = 0.00154 btc/ghs comes from order
0.00183 btc/ghs comes energy cost

PSU : lets say, 75$ to 150$ ----> lets take 75$/441/550$/BTC = 0.00031 btc/ghs

TOTAL COST IN ONE YEAR

0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc

and you cannot make ROI with, 0.00368 btc/ghs .. never..

Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..

hardware mining is useless at the moment.

[ChuckBuck]

If you're a home miner, don't buy anything until mid to late Fall or early Winter.  That way the electrical and cooling costs that's eating away at any chance at ROI during the warm months will be replaced with heating from the miners.

So, not only does it heat up your house during the cold months you get BTC's out of it!   

[bitgeek]

Pls guys, do NOT BUY hardware, lets take a look the calculation,

Antminer S3!!!, it seems cheapest mining hardware in the world.

Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise.

Lets calculate the how much it costs..

0.68 BTC for 441 GHS.

340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh

0.68/441 = 0.00154 btc/ghs comes from order
0.00183 btc/ghs comes energy cost

PSU : lets say, 75$ to 150$ ----> lets take 75$/441/550$/BTC = 0.00031 btc/ghs

TOTAL COST IN ONE YEAR

0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc

and you cannot make ROI with, 0.00368 btc/ghs .. never..

Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..

hardware mining is useless at the moment.

Found an interesting thing about this guy in another thread. Maybe you should take a look at this before you follow his advice.

Where exactly in Canada is PB mining? Who is in charge? Do they have a brick and mortar business?
I may change my mind about PB after you've answered this because right now I'm not into giving my money to strangers.

[promojo]

Pls guys, do NOT BUY hardware, lets take a look the calculation,

Antminer S3!!!, it seems cheapest mining hardware in the world.

Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise.

Lets calculate the how much it costs..

0.68 BTC for 441 GHS.

340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh

0.68/441 = 0.00154 btc/ghs comes from order
0.00183 btc/ghs comes energy cost

PSU : lets say, 75$ to 150$ ----> lets take 75$/441/550$/BTC = 0.00031 btc/ghs

TOTAL COST IN ONE YEAR

0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc

and you cannot make ROI with, 0.00368 btc/ghs .. never..

Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..

hardware mining is useless at the moment.

Found an interesting thing about this guy in another thread. Maybe you should take a look at this before you follow his advice.

Where exactly in Canada is PB mining? Who is in charge? Do they have a brick and mortar business?
I may change my mind about PB after you've answered this because right now I'm not into giving my money to strangers.

Cloud mining seems like a joke to me....    One guy said he is getting .01BTC per day from a S3 Antminer.   But another is making .028-.031 BTC a day doing it on their own....  Do the math there....

[bitgeek]

Cloud mining seems like a joke to me....    One guy said he is getting .01BTC per day from a S3 Antminer.   But another is making .028-.031 BTC a day doing it on their own....  Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

[Bitsaurus]

Cloud mining seems like a joke to me....    One guy said he is getting .01BTC per day from a S3 Antminer.   But another is making .028-.031 BTC a day doing it on their own....  Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Testerman is a paid shill for PBMining.  I called him out on it.  Look at his post history - 50% of his posts in the last 3 months are about PBMining in both English and Turkish and he spammed this same post 7 times in multiple threads recently.

[MAD Miner]

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone 

[jonnybravo0311]

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone 

Hello and welcome.  Do NOT send your money there.  There is no such miner.  Even if there was such hardware, the prices are way too high to be competitive.  For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s.  You won't get one until the end of September/October, though.  There's a list of hardware manufacturers compiled by dogie.  Take a look at it here: https://bitcointalk.org/index.php?topic=456691.0.

[MAD Miner]

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone 

Hello and welcome.  Do NOT send your money there.  There is no such miner.  Even if there was such hardware, the prices are way too high to be competitive.  For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s.  You won't get one until the end of September/October, though.  There's a list of hardware manufacturers compiled by dogie.  Take a look at it here: https://bitcointalk.org/index.php?topic=456691.0.

Thanks!

Yea, I had already checked the links given earlier in the thread. Just wondered if those folks had just come on the scene or something. As compared to the Sp30, their Aristocat is listed at about $.50 more per GH, but it has a claimed W/GH about .04 lower. And they claim to be shipping within 5 days of order. 4.4 TH/s this week might be worth the extra cost to some? All of this is based on their claims, and my math though, and I wouldn't bet any money on either

Obviously if they are not a real company it's all BS anyway.

Thanks for the reply!

[jonnybravo0311]

Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone 

Hello and welcome.  Do NOT send your money there.  There is no such miner.  Even if there was such hardware, the prices are way too high to be competitive.  For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s.  You won't get one until the end of September/October, though.  There's a list of hardware manufacturers compiled by dogie.  Take a look at it here: https://bitcointalk.org/index.php?topic=456691.0.

Thanks!

Yea, I had already checked the links given earlier in the thread. Just wondered if those folks had just come on the scene or something. As compared to the Sp30, their Aristocat is listed at about $.50 more per GH, but it has a claimed W/GH about .04 lower. And they claim to be shipping within 5 days of order. 4.4 TH/s this week might be worth the extra cost to some? All of this is based on their claims, and my math though, and I wouldn't bet any money on either

Obviously if they are not a real company it's all BS anyway.

Thanks for the reply!

I'd put far more faith in your math than in some vendor pretty much nobody's ever heard of claiming to have a 4.4TH/s miner shipping today

[promojo]

Cloud mining seems like a joke to me....    One guy said he is getting .01BTC per day from a S3 Antminer.   But another is making .028-.031 BTC a day doing it on their own....  Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Thanks - I was using an old calculator too... Forgot my favourite site to check volume and price had their own calc.  DOH

[promojo]

Cloud mining seems like a joke to me....    One guy said he is getting .01BTC per day from a S3 Antminer.   But another is making .028-.031 BTC a day doing it on their own....  Do the math there....

This seems strange. According this calculator https://bitcoinwisdom.com/bitcoin/difficulty S3 mines a bit over 0.011BTC per day. Maybe you saw an old thread or the guy is simply lying.

Testerman is a paid shill for PBMining.  I called him out on it.  Look at his post history - 50% of his posts in the last 3 months are about PBMining in both English and Turkish and he spammed this same post 7 times in multiple threads recently.

Thanks for the heads up Bitsaurus!