It also comes down to the price one pays for electricity.
The Antminer S1 cannot be beat if one has low electricity costs (under 10 cents / KWh) and has access to abundant electricity and cooling.
I may pay less per GH for electricity in dollar terms running S1s at 10 cents per kilowatt hour than someone in Europe or California pays to run SP10s at 30 to 40 cents per kilowatt hour.
Power efficiency is very important for miners with high electricity costs, but not so much for miners with low electricity costs.
The Antminer S1 cannot be beat if one has low electricity costs (under 10 cents / KWh) and has access to abundant electricity and cooling.
I may pay less per GH for electricity in dollar terms running S1s at 10 cents per kilowatt hour than someone in Europe or California pays to run SP10s at 30 to 40 cents per kilowatt hour.
Power efficiency is very important for miners with high electricity costs, but not so much for miners with low electricity costs.
Why someone who pays 30 to 40 cents per kwh would mine at that cost instead of finding a cheap hosting deal is beyond me.
Maybe he's spending fiat to make a hedged bet at btc.
Or he's positive diff increment will be 5% for the next 6 months.
Or simply don't care for ROI.
But trust me, better go for larger machines in smaller quantities...
'Nuff said!
He must've said larger machines in smaller quantities....at the same cost.
I doubt he'd trade ROI for better form.
^^^^This
Thought so
