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Author Topic: are s1's even worth running?  (Read 2635 times)
btckold24
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October 04, 2014, 03:09:31 AM
 #1

I was going to upgrade them but decided it wasnt worth it.  I have a s2 and 2x s1's should I just sell my two s1's on ebay? as they dont seem to be making much compared to electricity. Especially with drop in BTC price.


any advice would be helpful.



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Rainbot
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October 04, 2014, 05:58:46 AM
 #2

Give them to me for free.  Just to be nice I will give you 0.095 BTC that I have.
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October 04, 2014, 06:24:42 AM
 #3

I was going to upgrade them but decided it wasnt worth it.  I have a s2 and 2x s1's should I just sell my two s1's on ebay? as they dont seem to be making much compared to electricity. Especially with drop in BTC price.


any advice would be helpful.

Sell them on ebay. Smiley

btckold24
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October 04, 2014, 09:17:24 AM
 #4

ouch I see they are down under 100$ on ebay - Think I will try selling  with power supply maybe I can get $125 that way.

thanks for the advice gents



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Rainbot
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October 04, 2014, 07:35:11 PM
 #5

I was going to upgrade them but decided it wasnt worth it.  I have a s2 and 2x s1's should I just sell my two s1's on ebay? as they dont seem to be making much compared to electricity. Especially with drop in BTC price.


any advice would be helpful.

Mine is still running. I undervolted it, got it deep in the basement and it's mining because I don't feel like pluggin it off Smiley. Well, maybe it is time to put it on ebay but hell, I just like the idea of home mining.
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October 04, 2014, 09:18:45 PM
 #6

Shut my S1s off in the spring.
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October 05, 2014, 04:14:04 AM
 #7

any advice would be helpful.
Look at what they produce over the course of a week. Does the requisite electricity cost more than the coins?
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October 05, 2014, 05:01:22 AM
 #8

I turned mine off awhile back. Power cost more than my average BTC mined. I was losing .88 cents a day on average per S1.

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October 05, 2014, 05:06:14 AM
 #9

In short: nope
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October 05, 2014, 05:15:15 AM
 #10

With temperatures dropping in my region, it's a cheaper form of heat, so yes, it still makes sense for me.

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October 05, 2014, 06:46:16 AM
 #11

With temperatures dropping in my region, it's a cheaper form of heat, so yes, it still makes sense for me.

Same situation for me, it is pretty cheap to use ants for heat geneartors.

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October 05, 2014, 08:24:32 AM
 #12

With temperatures dropping in my region, it's a cheaper form of heat, so yes, it still makes sense for me.

Not if you have natural gas heat.  Sad
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October 06, 2014, 10:30:59 AM
 #13

I just sold all my 9 S1's 2 weeks ago on Craig's List. I had them undervolted using only @170 watts each but the $50 I got out of each was more than they would have mined before they went in the red on electric cost.
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October 06, 2014, 11:56:43 AM
 #14

s1's are under water now.  unless you have super cheap power/or free power probably not worth it.  with that said, i still turn mine on at night  Huh

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October 06, 2014, 02:03:21 PM
 #15

If you're in need of space heaters in your home/apartment, then you can run them to produce both heat and some BTC change at the same time.

Otherwise, it's probably not worth the electrical expense of running it 24/7.

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October 06, 2014, 10:48:20 PM
 #16

I run 30+ of them... undervolted... they are still making lots of $ at 0.064 elec rate.

they would still make money running full power. but I didn't like the 8000kw hrs bill last month

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October 06, 2014, 11:18:32 PM
 #17

I run 30+ of them... undervolted... they are still making lots of $ at 0.064 elec rate.

they would still make money running full power. but I didn't like the 8000kw hrs bill last month
my electric cost is double yours at .125kwh +taxes

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October 06, 2014, 11:29:15 PM
 #18

If hashnest got rid of their S1s cloud hashing you have to assume for 90% of people it is not profitable or worth running. Uless you are paying .06 or so kwh it is not worth it. It does not pay to buy one since the amount of profit at .06 is negligible after fees. If you have one on hand it might pay if you only pay that for electric. At my rate of .11 you receive a negative return.
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October 07, 2014, 12:24:52 AM
 #19

I run 30+ of them... undervolted... they are still making lots of $ at 0.064 elec rate.

they would still make money running full power. but I didn't like the 8000kw hrs bill last month
my electric cost is double yours at .125kwh +taxes

Mines double yours @ .25 + standing charge Sad
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October 07, 2014, 12:42:48 AM
 #20

I run 30+ of them... undervolted... they are still making lots of $ at 0.064 elec rate.

they would still make money running full power. but I didn't like the 8000kw hrs bill last month
my electric cost is double yours at .125kwh +taxes

Mines double yours @ .25 + standing charge Sad

Ouch! I undervolted mine to cut 200 watts from each but they were at the break even point for me so I sold them.
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