Is Antminer s7 still profitable? | Bitcointalksearch.org

Daisy14

full member

Activity: 238

Merit: 100

Quote from: Rurift on October 23, 2016, 04:55:08 PM

My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable?

No it won't, you need at most 0.04cents/KwH to break even with S7. You might investigate on some profitable SHA 256 altcoin to mine with S7.

airdata

hero member

Activity: 1148

Merit: 501

for now antminer s7 still profitable but high risk because your profit income less than 10%, why dont try GPU mining ? Grin

mwizard

full member

Activity: 203

Merit: 100

The S7 is not even worth turning on if you pay more than 9 cents per kWh for electricity.

Your 8 cents per kWh is so close to not even covering electricity that I would not touch an S7 if I was you.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Monetizer on October 23, 2016, 08:11:52 PM

If you are talking about buying one now in order to try and make a profit its just to late. The difficulty will increase to a point where you arent even making money on electricity in no time if you ask me.

its true, with only one hardware mining i think its not profitable but if you have 10-20 of s7 then maybe its still worth and profitable but you should think about electricity fee.

Monetizer

hero member

Activity: 812

Merit: 1000

If you are talking about buying one now in order to try and make a profit its just to late. The difficulty will increase to a point where you arent even making money on electricity in no time if you ask me.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: HateEU on October 23, 2016, 05:44:27 PM

go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee

read this thread

https://bitcointalksearch.org/topic/my-second-zec-xmr-eth-thread-builds-info-links-thoughts-and-photos-1584973

and the older thread

https://bitcointalksearch.org/topic/my-1-gpu-now-11gpus-5rigs-for-ethereum-45-days-of-mining-photos-thoughts-1429151

they are pretty good to get you started.

I will pm you

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: HateEU on October 23, 2016, 05:44:27 PM

go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee

Yeah i said to go to the altcoin section because its sorta forbidden to talk about not Bitcoin on the specifically Bitcoin section. But you'd be using GPUs.

HateEU

member

Activity: 89

Merit: 10

go to the altcoin section?can you please tell me more about that how to earn with altocins pleasee

VirosaGITS

legendary

Activity: 1302

Merit: 1068

I wouldnt even buy an ASIC with such high electric costs Sad

You're at the borderline, where even if its profitable, all your profits will go to upkeep. Better go to the altcoin section.

unholycactus

legendary

Activity: 1078

Merit: 1024

Wouldn't recommend buying one to mine at 0.08. There's a significant risk that difficulty rises enough for you to never reach ROI.
If you already have one, you still have a bit of time left before it's not profitable.

HateEU

member

Activity: 89

Merit: 10

yea tell us,how much antmier s7 even cost i am interested if it is profitable to buy it i am also interested in mining

Tupsu

legendary

Activity: 1218

Merit: 1003

Quote from: Rurift on October 23, 2016, 04:55:08 PM

My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable?

90.00 % from Payout going to Maintenance.

Rurift

newbie

Activity: 3

Merit: 0

My electricity here is about 0.08/kWH and I heard a lot of news about the s5 becoming unprofitable. Will the s7 be profitable?

Topic: Is Antminer s7 still profitable? (Read 2457 times)