Right Price for Antminers

[txbeersnob]

Hey guys, how would you feel about getting two Antminers S3's for $200 each today? Electricity is about $0.08 per kwh, PSU, cables, etc. already in-hand.

[Minnesooooota]

do it

[ChuckBuck]

Go for it!  You'll never ROI or profit unless difficulty plateaus, but most likely you'll never mine back that 0.85 BTC.  But for $400 for 880 GH/s, it's not a bad deal.

Only possible way to ROI is if the next couple difficulty jumps are in the single digits.  It's not unprecedented, but probably unlikely.

Code:

Difficulty History

Date	Difficulty	Change	Hash Rate
Aug 31 2014	27,428,630,902	15.03%	196,341,788 GH/s
Aug 19 2014	23,844,670,039	20.86%	170,686,797 GH/s
Aug 08 2014	19,729,645,941	5.30%	141,230,307 GH/s
Jul 25 2014	18,736,441,558	8.08%	134,120,673 GH/s
Jul 12 2014	17,336,316,979	3.08%	124,098,191 GH/s
Jun 29 2014	16,818,461,371	24.93%	120,391,236 GH/s
Jun 18 2014	13,462,580,115	14.51%	96,368,902 GH/s
Jun 05 2014	11,756,551,917	12.44%	84,156,677 GH/s
May 24 2014	10,455,720,138	18.10%	74,844,960 GH/s
May 12 2014	8,853,416,309	10.66%	63,375,223 GH/s
Apr 29 2014	8,000,872,136	14.64%	57,272,474 GH/s
Apr 17 2014	6,978,842,650	14.04%	49,956,502 GH/s
Apr 05 2014	6,119,726,089	22.23%	43,806,706 GH/s
Mar 24 2014	5,006,860,589	17.80%	35,840,504 GH/s
Mar 13 2014	4,250,217,920	11.39%	30,424,245 GH/s
Feb 28 2014	3,815,723,799	21.92%	27,314,015 GH/s
Feb 17 2014	3,129,573,175	19.39%	22,402,357 GH/s
Feb 05 2014	2,621,404,453	19.49%	18,764,744 GH/s
Jan 24 2014	2,193,847,870	22.59%	15,704,175 GH/s
Jan 13 2014	1,789,546,951	26.16%	12,810,076 GH/s
Jan 02 2014	1,418,481,395	20.12%	10,153,885 GH/s
Dec 21 2013	1,180,923,195	30.01%	8,453,378 GH/s
Dec 10 2013	908,350,862	28.41%	6,502,229 GH/s
Nov 29 2013	707,408,283	16.07%	5,063,826 GH/s
Nov 17 2013	609,482,680	19.29%	4,362,847 GH/s
Nov 05 2013	510,929,738	30.70%	3,657,378 GH/s
Oct 26 2013	390,928,788	46.02%	2,798,377 GH/s
Oct 16 2013	267,731,249	41.45%	1,916,495 GH/s
Oct 06 2013	189,281,249	27.19%	1,354,928 GH/s
Sep 25 2013	148,819,200	32.13%	1,065,289 GH/s
Sep 14 2013	112,628,549	29.56%	806,227 GH/s
Sep 04 2013	86,933,018	32.22%	622,291 GH/s
Aug 24 2013	65,750,060	29.40%	470,657 GH/s
Aug 13 2013	50,810,339	35.88%	363,715 GH/s
Aug 03 2013	37,392,766	19.63%	267,668 GH/s
Jul 22 2013	31,256,961	19.47%	223,746 GH/s
Jul 11 2013	26,162,876	22.63%	187,281 GH/s
Jun 29 2013	21,335,329	10.32%	152,724 GH/s
Jun 16 2013	19,339,258	23.92%	138,436 GH/s
Jun 05 2013	15,605,633	28.41%	111,709 GH/s
May 25 2013	12,153,412	8.64%	86,998 GH/s
May 12 2013	11,187,257	11.03%	80,082 GH/s
Apr 30 2013	10,076,293	12.28%	72,129 GH/s
Apr 17 2013	8,974,296	16.96%	64,241 GH/s
Apr 05 2013	7,673,000	14.59%	54,925 GH/s
Mar 24 2013	6,695,826	38.13%	47,931 GH/s
Mar 14 2013	4,847,647	10.98%	34,701 GH/s
Mar 01 2013	4,367,876	19.63%	31,266 GH/s
Feb 18 2013	3,651,012	11.47%	26,135 GH/s

[generalt]

You could get an ASICMiner Tube for around the same price/GH no?

[philipma1957]

Go for it!  You'll never ROI or profit unless difficulty plateaus, but most likely you'll never mine back that 0.85 BTC.  But for $400 for 880 GH/s, it's not a bad deal.

Only possible way to ROI is if the next couple difficulty jumps are in the single digits.  It's not unprecedented, but probably unlikely.

Code:

Difficulty History

Date	Difficulty	Change	Hash Rate
Aug 31 2014	27,428,630,902	15.03%	196,341,788 GH/s
Aug 19 2014	23,844,670,039	20.86%	170,686,797 GH/s
Aug 08 2014	19,729,645,941	5.30%	141,230,307 GH/s
Jul 25 2014	18,736,441,558	8.08%	134,120,673 GH/s
Jul 12 2014	17,336,316,979	3.08%	124,098,191 GH/s
Jun 29 2014	16,818,461,371	24.93%	120,391,236 GH/s
Jun 18 2014	13,462,580,115	14.51%	96,368,902 GH/s
Jun 05 2014	11,756,551,917	12.44%	84,156,677 GH/s
May 24 2014	10,455,720,138	18.10%	74,844,960 GH/s
May 12 2014	8,853,416,309	10.66%	63,375,223 GH/s
Apr 29 2014	8,000,872,136	14.64%	57,272,474 GH/s
Apr 17 2014	6,978,842,650	14.04%	49,956,502 GH/s
Apr 05 2014	6,119,726,089	22.23%	43,806,706 GH/s
Mar 24 2014	5,006,860,589	17.80%	35,840,504 GH/s
Mar 13 2014	4,250,217,920	11.39%	30,424,245 GH/s
Feb 28 2014	3,815,723,799	21.92%	27,314,015 GH/s
Feb 17 2014	3,129,573,175	19.39%	22,402,357 GH/s
Feb 05 2014	2,621,404,453	19.49%	18,764,744 GH/s
Jan 24 2014	2,193,847,870	22.59%	15,704,175 GH/s
Jan 13 2014	1,789,546,951	26.16%	12,810,076 GH/s
Jan 02 2014	1,418,481,395	20.12%	10,153,885 GH/s
Dec 21 2013	1,180,923,195	30.01%	8,453,378 GH/s
Dec 10 2013	908,350,862	28.41%	6,502,229 GH/s
Nov 29 2013	707,408,283	16.07%	5,063,826 GH/s
Nov 17 2013	609,482,680	19.29%	4,362,847 GH/s
Nov 05 2013	510,929,738	30.70%	3,657,378 GH/s
Oct 26 2013	390,928,788	46.02%	2,798,377 GH/s
Oct 16 2013	267,731,249	41.45%	1,916,495 GH/s
Oct 06 2013	189,281,249	27.19%	1,354,928 GH/s
Sep 25 2013	148,819,200	32.13%	1,065,289 GH/s
Sep 14 2013	112,628,549	29.56%	806,227 GH/s
Sep 04 2013	86,933,018	32.22%	622,291 GH/s
Aug 24 2013	65,750,060	29.40%	470,657 GH/s
Aug 13 2013	50,810,339	35.88%	363,715 GH/s
Aug 03 2013	37,392,766	19.63%	267,668 GH/s
Jul 22 2013	31,256,961	19.47%	223,746 GH/s
Jul 11 2013	26,162,876	22.63%	187,281 GH/s
Jun 29 2013	21,335,329	10.32%	152,724 GH/s
Jun 16 2013	19,339,258	23.92%	138,436 GH/s
Jun 05 2013	15,605,633	28.41%	111,709 GH/s
May 25 2013	12,153,412	8.64%	86,998 GH/s
May 12 2013	11,187,257	11.03%	80,082 GH/s
Apr 30 2013	10,076,293	12.28%	72,129 GH/s
Apr 17 2013	8,974,296	16.96%	64,241 GH/s
Apr 05 2013	7,673,000	14.59%	54,925 GH/s
Mar 24 2013	6,695,826	38.13%	47,931 GH/s
Mar 14 2013	4,847,647	10.98%	34,701 GH/s
Mar 01 2013	4,367,876	19.63%	31,266 GH/s
Feb 18 2013	3,651,012	11.47%	26,135 GH/s

yeah I would jump on that deal.  and the next jump looks to be just under 9%

[cloverme]

Agreed, that's a good price... better if you already have miners and can add on to your farm with those.

[williamj2543]

Go for it man, you will barely make ROI, maybe not, but if BTC price rises you will definitely

[eoakland]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

[philipma1957]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

good point he could sell them for over 320 on ebay right now

[LightningBlade]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

No, it should be, buy, put the antminer up for sale while using it to mine..

[txbeersnob]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

No, it should be, buy, put the antminer up for sale while using it to mine..

I like that idea! Picked them both up! Thanks guys!  

[philipma1957]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

No, it should be, buy, put the antminer up for sale while using it to mine..

I like that idea! Picked them both up! Thanks guys!  

 yeah list them on ebay a 10 day auction.

[ChuckBuck]

No brainer...buy, mine for a bit then resell.  your mined btc + resale value should = more than your investment.  

No, it should be, buy, put the antminer up for sale while using it to mine..

That's a smart man right there.  

That's exactly what I did with my Ants and A1 miners.  Mine for awhile, put them up for sale, and continue to mine up until the sale was finally complete, before you unplug those suckers.

If done and timed right, instant BTC profit.

[electricmarbles]

Although, they are still dropping in price, every difficulty increase makes them more worthless in only a month and a half they have lost nearly 30-40% value. but keep mining until you sell!