1Th/s solo mining... worth it?

[sidehack]

I've got a hosting customer looking to unload 4x S3 and 2x PSU. I don't know what kind of bundle price he'd be looking for but it might be in that neighborhood.

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[philipma1957]

No!!! $650,- for 1TH is way overpriced...

it is? and here i thought i was getting a deal thanks lol

whats a good price and what company?

here is a good deal


https://bitcointalk.org/index.php?topic=967855.0

that one is sold but


pm me if you live in the usa.  I have lots of gear.

read my trust.

https://bitcointalk.org/index.php?action=trust;u=64507

[zk85]

If you want new, go by Bitmaintech: https://bitmaintech.com/productDetail.htm?pid=000201412231604153619o9X1obn0693

Second hand, use this site's marketplace (or Ebay) and a trusted escrow service...

For (less than) $650,- you should be able to get 3 Antminer S3's with PSU's averaging 1,4TH...

Cool man, thanks ...

is it though a smart investment? I mean do u end up making ur money back on the machine at least and how long do u think that usually takes?

[Finksy]

Everyone's circumstances are different.  Here is a good calculator for you to make your own models to base your decisions on:  https://bitcoinwisdom.com/bitcoin/calculator

I would stick with around 5% difficulty increases for the near future, don't use pools with fees EXCEPT Kano's. Cause he's a boss.  Don't forget to factor currency exchange on your electricity rates if applicable (this crappy Canadian dollar is benefiting us miners North of the border).

[sbogovac]

If you want new, go by Bitmaintech: https://bitmaintech.com/productDetail.htm?pid=000201412231604153619o9X1obn0693

Second hand, use this site's marketplace (or Ebay) and a trusted escrow service...

For (less than) $650,- you should be able to get 3 Antminer S3's with PSU's averaging 1,4TH...

Cool man, thanks ...

is it though a smart investment? I mean do u end up making ur money back on the machine at least and how long do u think that usually takes?

No it is not. It's a long shot, a gamble... Put money you don't mind losing in it. If it pays off, "we" are lucky. If not, byebye money.

If you're looking for a smart investment; look at the investments funds available to you that have a long time track record of around 10% annual interest rate and put your money in it...

I'm not kidding,
Slobodan Bogovac MBA
Lecturer of economic law

[lowbander80]

if you decide to mine solo with 1 ths its a set and forget case, dont expect anything and lay your hands in goodess luck.

check your wallet every month and go on...
I read a lot on solo mining that people are renting for a small reriod some miners and run then solo
for intance 500 ths for 12hours etc.
there are some rental services you can use
check how much you want to spent and either spent it a year with 1ths or 24 hours with 500 or more
nicehash or rigrentals you can check the rates.

[joeventura]

Not concidering difficulty changes and next years block reward halving it would take you an average of approx. 8 years to find 1 block.

You should be assured to find one in 8 years,
Its a coin flip 50/50 that you find one in 4 years
1 in 4 shot that you find it in 2 years
1 in 8 that you find one in a year.

Feeling lucky?

When setting up a vanity wallet address that I wanted to be 1bitcoinxxxxx I think it told me it would take a year or some sort,
It took a month.

I was lucky

[Christopbit]

If you want I am selling my Antminer S7 for 1400$ with the original Antminer PSU.... 4.73 th/s 240Volts work very well

[AtraxPool]

This might be a good idea for you.

https://bitcointalk.org/index.php?topic=2207363.0

We are making a small group to pool our hashpower (all be it low power devices) at CKSolo pool.

You could point it there on your own but a collective effort is much better and it will be escrow by ck himself.

If your want to take part visit the topic above or send me a PM