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Topic: Hey Lads - Needing some guidance - page 2. (Read 1447 times)

newbie
Activity: 9
Merit: 0
August 24, 2015, 04:08:44 AM
#1
I have just started getting into bitcoin mining lately and am considering to buy my first ASIC called the ANTMiner S3 (478GH/s). But I have a few questions regarding profitability (I have read up on the subject) but there is one thing I am really confused about.

I really dont know how to state this to be perfectly honest so just follow on me if you can, but what does it mean when the site says "its power efficiency is 0.77J/GH at the wall". I am a bit lost and I just need someone to buzz my brain and it should pop up clear as day, but I am trying to work out what information I would put into a calculator like this regarding power usage or just over all everything if your kind enough to lead the right way through some screen shots Cheesy https://tradeblock.com/mining/.

Any of your help or other suggestions regarding mining I would greatly appreciate.

Thanks, Paddy

The direct store (link) I am buying from, sadly I live in Australia and we are very much behind when it comes to technology now so I must pay a lot more than most of you lucky guys Tongue

http://www.dhgate.com/product/in-stock-50pcs-ant-miner-ant-asic-475ghs/206562088.html#s1-0-1b
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