Is it profitable with Antminer S2 | Bitcointalksearch.org

dishamain

newbie

Activity: 23

Merit: 0

hi

i m currently mining with 1th Dragon in SHA and 10 Mh/s in Scrypt i my ROI is around 20 USD /- per day

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: dannyrayat on June 16, 2014, 11:39:35 AM

how many of you are mining with the rigs? (any)

A lot of miners use the hardware. Check global threads.

dannyrayat

newbie

Activity: 21

Merit: 0

how many of you are mining with the rigs? (any)

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: dannyrayat on June 16, 2014, 09:39:51 AM

that calc says break even point infinite days ! lol ? wtf ? Huh

but on this calc https://www.alloscomp.com/bitcoin/calculator its shows that it will mine around 46k per month if it is not exact and I get around 40k(assume) will there be ROI after 3-4 months ?

40k 1st month, 4th month - 160000 ? is that so ?

There is a parameter called "Coin Difficulty". The calculator alloscomp.com just ignores that parameter and it assumes that the profitability is a constant. But in reality its not like that. The calculator shown ROI as infinite days is correct and you will only ROI on that hardware if BTC price appreciate that much. You put your expecting btc price there and do the math. Also remember, BTC buy and hold is a different thing than BTC Mining so don't compare them. Both have its own advantages and disadvantages.

* All the above when the hardware is used for mining BTC.

dannyrayat

newbie

Activity: 21

Merit: 0

that calc says break even point infinite days ! lol ? wtf ? Huh

but on this calc https://www.alloscomp.com/bitcoin/calculator its shows that it will mine around 46k per month if it is not exact and I get around 40k(assume) will there be ROI after 3-4 months ?

40k 1st month, 4th month - 160000 ? is that so ?

http://i59.tinypic.com/11htflk.jpg

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: anujjain on June 16, 2014, 05:18:41 AM

Quote from: allcoinminer on June 16, 2014, 04:50:27 AM

Quote from: dannyrayat on June 16, 2014, 03:43:46 AM

Hey Guys

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for ₹ 225,000 Huh

at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? Roll Eyes

Please suggest to buy or not to.

Thanks
Danny

For Ant S2 dealing with Highkart will give you the lowest price. The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php
https://bitcoinwisdom.com/bitcoin/calculator

According to calculator we cannot recover cost.

In practical you will get ~10% more than what you see in the ROI calc. if you are dedicated to and intelligent much. If plug & play ROI will be lower than ROI from calc.

anujjain

sr. member

Activity: 434

Merit: 250

Quote from: allcoinminer on June 16, 2014, 04:50:27 AM

Quote from: dannyrayat on June 16, 2014, 03:43:46 AM

Hey Guys

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for ₹ 225,000 Huh

at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? Roll Eyes

Please suggest to buy or not to.

Thanks
Danny

For Ant S2 dealing with Highkart will give you the lowest price. The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php
https://bitcoinwisdom.com/bitcoin/calculator

According to calculator we cannot recover cost.

Equate

hero member

Activity: 770

Merit: 500

Quote from: dannyrayat on June 16, 2014, 03:43:46 AM

Hey Guys

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for ₹ 225,000 Huh

at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? Roll Eyes

Please suggest to buy or not to.

Thanks
Danny

That price is absurdly high , you wont make ROI for months at that price . Better buy from highkart which are selling at good prices in India as far as I have seen.

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: dannyrayat on June 16, 2014, 03:43:46 AM

Hey Guys

If I purchase AntMiner S2 1TH/s Miner Bitcoin ASIC Miner for ₹ 225,000 Huh

at - http://www.ebay.in/itm/1THS-Bitcoin-Miner-/171358180302?pt=IN_Laptop_Desktop_Accessories&hash=item27e5be53ce&_uhb=1

how much time will it take for ROI ? Roll Eyes

Please suggest to buy or not to.

Thanks
Danny

For Ant S2 dealing with Highkart will give you the lowest price.
My statement about low price at HK is for this product only.
The ebay thing is near 1L more that HK.
Use the below calculators for doing your ROI math.
http://www.vnbitcoin.org/bitcoincalculator.php
https://bitcoinwisdom.com/bitcoin/calculator

Don't use coinwarz calc for ROI purpose. Its for something else.

highkart

sr. member

Activity: 261

Merit: 250

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