antminer S7 is that really profitable

notlist3d

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Quote from: cashmahfuz on June 07, 2016, 04:39:15 AM

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I got 100% free electricity.. do u think, if I buy antminer it will be profitable to me.

what will be the lowest and highest btc/usd I can make in 1 month?

I could be wrong but I think after having S7's will drop a good amount in price. They could stay high if BTC value jumps a lot it's very hard to say. But being brand new I would start researching and wait till having to grab a bargin on some gear.

And I could be wrong but I think those with "free" electricity will really get some good deals. With S7 make sure you have proper voltage and heat/noise is not a issue.

philipma1957

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Quote from: cashmahfuz on June 07, 2016, 04:39:15 AM

http://
I got 100% free electricity.. do u think, if I buy antminer it will be profitable to me.

what will be the lowest and highest btc/usd I can make in 1 month?

okay here you go pay 400 for an s-7 pay 100 for a psu total 500

pretend you have internet fans for cooling.

500 is a high estimate for one with psu

400 is a low estimate for one with psu

https://bitcoinwisdom.com/bitcoin/calculator

use 500 for cost
use 400 for cost
5% for diff jumps

by July 10 you will have earned 200 usd so you are out 300 or 200

½ ing comes

so from july 10 to aug 10 you earn 87 dollars >>>>> 213 or 113 in the hole

so from aug 10 to sept 10 you earn 78 dollars >>>>> 135 or 35 in the hole

so from sept 10 to oct 10 you earn 67 dollars >>>>> 68 in the hole or 32 ahead

so from oct 10 to nov 10 you earn 65 dollars >>>>> 3 in the hole or 97 ahead

These are just estimates for you .

Daisy14

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Better wait for S9, because S7 might soon become obsolete with the halving just around the corner.

shinratensei_

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Quote from: cashmahfuz on June 07, 2016, 04:39:15 AM

http://
I got 100% free electricity.. do u think, if I buy antminer it will be profitable to me.

what will be the lowest and highest btc/usd I can make in 1 month?

Lowest or highest BTC you can get is relied on with your scale mining If you have a large-scale mining a many BTC you can get for 1 months.
You can calculate how many scale mining you can reach and calculate it with mining calculator.

https://alloscomp.com/bitcoin/calculator

But fo free electricity, it's will make you reach some profit.

merelcoin

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Quote from: cashmahfuz on June 07, 2016, 04:39:15 AM

http://
I got 100% free electricity.. do u think, if I buy antminer it will be profitable to me.

what will be the lowest and highest btc/usd I can make in 1 month?

With 100% free electricity, chances are pretty good that some day you'll break even, or even make a profit.
That being said: it might take you a really long time, depening on the costs (you'll have to buy an S7, make sure it has a suitable place to run, buy extra's like PSU, cables, shelving, ventilators). You'll need to make sure the wiring is ok, the temperature, humidity and noise are all under controll,...

If the antminer breaks before you break even, you might even end up losing coins.

You can run simulations over here: http://www.coinwarz.com/calculators/bitcoin-mining-calculator
Take into account the diff rise that might happen because the S9 hit the market, and the fact that the blocks will halve really soon

I ran a really quick simulation with a block reward of 12.5, and at current diff and bitcoin price, the estimated "profit" would be around $3.5/day (this also depends on the S7 batch you're simulating, and the PSU).
Take your total costs, divide it by 3.5 and you'll know how many days it MIGHT take you to break even. If the diff rises or the price drops it might take a lot longer. If the antminer breaks before the days to break even, you'll lose part of your investment.

cashmahfuz

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I got 100% free electricity.. do u think, if I buy antminer it will be profitable to me.

what will be the lowest and highest btc/usd I can make in 1 month?

Topic: antminer S7 is that really profitable (Read 1365 times)