Topic: Buying a miner (Read 430 times)
I could afford a $300 import tax. Would it still be worthwhile to buy a S9 or are they producing a new model anytime soon?
Hi, my electricity rates are about $0.08 /kWh. I have also considered the prices of a PSU, shelving, and other ordering costs and understand that there will be some extra fees, but I think I have more than enough money to be able to afford those things.
@8cents/kwu, at this diff, block reward and BTC price, an S9 will make ~$375/month
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=14000&p=1400&pc=0.08&pf=1&d=595921917085.41600000&r=12.50000000&er=2600.60210000&hc=0.00
Do realise that in my country, the import costs are over $300 for an S9... I don't know about your country offcourse.
If you really want to mine BTC, i think at 8 cents/Kwu, the S9 would be one of your best options, however, if it's a bad batch, and it breaks (even while on warranty), there's a chance you won't break even...
A different path might be to buy a couple of good GPU's and start an altcoin mining farm, or maybe one of the X11-X15 ASIC's that hit the market a while ago (Baikal).
Hi, my electricity rates are about $0.08 /kWh. I have also considered the prices of a PSU, shelving, and other ordering costs and understand that there will be some extra fees, but I think I have more than enough money to be able to afford those things.
Hi, I am pretty new to this forum and have great interest in purchasing a Bitcoin miner. I have been considering purchasing an Antminer S9, but I've also seen a few posts about people having issues with their miner. I am able to afford the S9 and the power requirements, but I want to make sure that I am choosing the right miner. I only plan on purchasing one miner for the time being and I want to make sure that I am getting my money's worth out of this purchase. If you recommend another miner please tell me why as I am still learning about the world of Bitcoin mining. Thanks!
Would you mind telling us your electricity rate? It might also be wise to realise that eventough an S9 might be within your budget, you'll also need to pay Shipping, handling, customs fees, wiring, networking, cooling, shelving,...
And like you said, bitmain offers a 3 months factory warrantee, and they're known for giving crappy customer support, failing hardware, and replacing faulty boards with used up hardware.
Hi, I am pretty new to this forum and have great interest in purchasing a Bitcoin miner. I have been considering purchasing an Antminer S9, but I've also seen a few posts about people having issues with their miner. I am able to afford the S9 and the power requirements, but I want to make sure that I am choosing the right miner. I only plan on purchasing one miner for the time being and I want to make sure that I am getting my money's worth out of this purchase. If you recommend another miner please tell me why as I am still learning about the world of Bitcoin mining. Thanks!
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