Author

Topic: Buy antminer S2 or not? (Read 909 times)

newbie
Activity: 32
Merit: 0
June 10, 2014, 11:35:22 PM
#18
No you should get S1's. They use more power but more than make up for it in the with how cheap they are
sr. member
Activity: 294
Merit: 251
June 10, 2014, 09:24:22 AM
#17
Probably a combination of hardware module kit and firmware upgrade.

They'll announce the officials soon.

ok thx
hero member
Activity: 1372
Merit: 783
better everyday ♥
June 10, 2014, 08:59:13 AM
#16
Probably a combination of hardware module kit and firmware upgrade.

They'll announce the officials soon.
sr. member
Activity: 294
Merit: 251
June 10, 2014, 08:57:10 AM
#15
FYI, the S1 is discontinued by Bitmain, so you'll have to get it used or second hand.

If you can get a few more S1s, good for you.

The long sighted or wise move would be an S2:

A short good news for the S2 buyer is that we will let the S2 to upgrade to 1.8TH/s or 2TH/s at very low cost which you can only image now in the August or September. It still depends on many factors to let us achieve that and detailed plan needs to be drafted, But we are very confident that we can make it.

upgrade S2 how?? adding new hardware?
hero member
Activity: 1372
Merit: 783
better everyday ♥
June 10, 2014, 08:47:33 AM
#14
FYI, the S1 is discontinued by Bitmain, so you'll have to get it used or second hand.

If you can get a few more S1s, good for you.

The long sighted or wise move would be an S2:

A short good news for the S2 buyer is that we will let the S2 to upgrade to 1.8TH/s or 2TH/s at very low cost which you can only image now in the August or September. It still depends on many factors to let us achieve that and detailed plan needs to be drafted, But we are very confident that we can make it.
sr. member
Activity: 294
Merit: 251
June 10, 2014, 08:03:20 AM
#13
If the funds are not there to buy better valued hardware then I would just sit on the $ or even buy BTC with it.  SP30 (if you can host it) now looks like a better option.

this one?:

http://www.coindesk.com/details-spondoolies-tech-new-bitcoin-mining-asic-leaked-online/

"The manufacturer is gearing up to introduce its SP-30, codenamed Yukon, by the end of summer. With an effective hash rate of 5.4-6.6 TH/s at a nominal power consumption of 2,500W, the bitcoin miner comes in a 2 U rack with two 1,200W power supply units and is cooled by four 80mm fans."

$5,095 man... so expensive im not going to spend that amount of money xDDDDDDD im not rich xDD
Like DrG said sit and wait for a while, there's a number of new projects in development. Don't throw away your money into something you may not be satisfied with.

ok then, thanks for the advice.

I will just buy another S1 and wait for new projects Wink
hero member
Activity: 658
Merit: 500
Small Red and Bad
June 10, 2014, 07:25:57 AM
#12
If the funds are not there to buy better valued hardware then I would just sit on the $ or even buy BTC with it.  SP30 (if you can host it) now looks like a better option.

this one?:

http://www.coindesk.com/details-spondoolies-tech-new-bitcoin-mining-asic-leaked-online/

"The manufacturer is gearing up to introduce its SP-30, codenamed Yukon, by the end of summer. With an effective hash rate of 5.4-6.6 TH/s at a nominal power consumption of 2,500W, the bitcoin miner comes in a 2 U rack with two 1,200W power supply units and is cooled by four 80mm fans."

$5,095 man... so expensive im not going to spend that amount of money xDDDDDDD im not rich xDD
Like DrG said sit and wait for a while, there's a number of new projects in development. Don't throw away your money into something you may not be satisfied with.
sr. member
Activity: 294
Merit: 251
June 10, 2014, 02:15:32 AM
#11
If the funds are not there to buy better valued hardware then I would just sit on the $ or even buy BTC with it.  SP30 (if you can host it) now looks like a better option.

this one?:

http://www.coindesk.com/details-spondoolies-tech-new-bitcoin-mining-asic-leaked-online/

"The manufacturer is gearing up to introduce its SP-30, codenamed Yukon, by the end of summer. With an effective hash rate of 5.4-6.6 TH/s at a nominal power consumption of 2,500W, the bitcoin miner comes in a 2 U rack with two 1,200W power supply units and is cooled by four 80mm fans."

$5,095 man... so expensive im not going to spend that amount of money xDDDDDDD im not rich xDD
DrG
legendary
Activity: 2086
Merit: 1035
June 10, 2014, 02:01:20 AM
#10
If the funds are not there to buy better valued hardware then I would just sit on the $ or even buy BTC with it.  SP30 (if you can host it) now looks like a better option.
sr. member
Activity: 294
Merit: 251
June 10, 2014, 01:40:39 AM
#9
Then what, buy more s1?
DrG
legendary
Activity: 2086
Merit: 1035
June 10, 2014, 01:33:15 AM
#8
S2's price is not competitive at the current time so I wouldn't recommend it.
hero member
Activity: 770
Merit: 509
June 10, 2014, 01:14:55 AM
#7
Whatever you do, don't listen to Jimmothy.

The Rockminer Rxbox is the miner he's referring to is a minimum quantity of 4, so you'd be required to buy 4 Rxbox's.  Not only the minimum quantity, but it's power usage would equal 3000 Watts total for the 4 units, so you'd need to also buy power supplies(not included with the miners) that can power 4 inefficient miners.

No that is the minimum when ordering directly from rockminer. Resellers will have single units for sale. 1.2w/gh is not the most efficient but it is definitely viable for people with cheap electricity (less than $0.15/kwh I would guess)


If the Rxbox is decent and performs as advertised, I may pick up one, as I don't wave pom poms for anyone.  Whatever ships and at a decent price at a decent power efficiency, should be what all of us miners should go for.

Since Rxbox is due out end of this month, we'll see if they can live up to snuff.

Why so flip floppy?
hero member
Activity: 1372
Merit: 783
better everyday ♥
June 10, 2014, 01:04:05 AM
#6
Whatever you do, don't listen to Jimmothy.

The Rockminer Rxbox is the miner he's referring to is a minimum quantity of 4, so you'd be required to buy 4 Rxbox's.  Not only the minimum quantity, but it's power usage would equal 3000 Watts total for the 4 units, so you'd need to also buy power supplies(not included with the miners) that can power 4 inefficient miners.

Jimmothy is only endorsing Rockminer, because he's invested in Asicminer in a dividend I'm guessing he didn't get paid yet.

It's a bad buy overall.  Stick to the S2, as you'll be able to upgrade to 2 TH/s soon(by late August/early September) with an inexpensive upgrade kit.
hero member
Activity: 770
Merit: 509
June 09, 2014, 10:57:46 PM
#5
Rockminers new rxbox is ~$1100/th.

And have last year power efficiency, not like the miners in my sig which will have less than 0.5W/GH Smiley

But you get a 3 month head start along with a guaranteed ROI within 2 months..

And its not a nonrefundable preorder..
legendary
Activity: 1904
Merit: 1007
June 09, 2014, 10:51:23 PM
#4
Rockminers new rxbox is ~$1100/th.

And have last year power efficiency, not like the miners in my sig which will have less than 0.5W/GH Smiley
hero member
Activity: 770
Merit: 509
June 09, 2014, 10:42:16 PM
#3
They are way overpriced. The a1 clones are going for ~$1500/th.

Rockminers new rxbox is ~$1100/th.
legendary
Activity: 1610
Merit: 1000
Well hello there!
June 09, 2014, 09:10:41 PM
#2
hi, i would like to know if its a good idea to buy antminer S2.

I read that yeah, maybe right now you can earn ~26$ / day, but in a few weeks, and every difficulty change, that will drop and drop, so... its profitable to buy antminer S2 or not?

I was thinking about buying 1, i have right now 1 S1, and didnt know what to do: buying another S1, or buying antminer S2.

thanks
True enough.  It may earn $26/day for remainder of this difficulty period but expect anywhere from 12-20% drop every 10 days or so.  Bitcoin difficulty won't be slowing down anytime soon imho.
sr. member
Activity: 294
Merit: 251
June 09, 2014, 03:02:35 PM
#1
hi, i would like to know if its a good idea to buy antminer S2.

I read that yeah, maybe right now you can earn ~26$ / day, but in a few weeks, and every difficulty change, that will drop and drop, so... its profitable to buy antminer S2 or not?

I was thinking about buying 1, i have right now 1 S1, and didnt know what to do: buying another S1, or buying antminer S2.

thanks
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