Is it worth buying 3 or 4 S9's at this point

castiel0504

full member

Activity: 266

Merit: 109

Ultra Mega Giga Super Cool Flying Oposum!

Quote from: philipma1957 on September 20, 2017, 09:15:39 PM

Quote from: lippsman on September 20, 2017, 08:21:19 PM

Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info.

Thanks

well you could argue buy 3 coins for about 3900 + 3900 + 3900 = 11700

put them in an exchange and put them up for sale at

first for 4900
second for 5900

⅓ for 6900

if they go up in a year you get

4900
5900
2300

13100 back and still have ⅔ of a coin

I am really glad when i see your comments, your totally thoroughly replies toward new members are really encouraging. You even do the math and explain perfectly any thing Why, What, When, Where and How. I really like reading your replies. Thank you sir for making this community great !

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

Quote from: lippsman on September 20, 2017, 08:21:19 PM

Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info.

Thanks

well you could argue buy 3 coins for about 3900 + 3900 + 3900 = 11700

put them in an exchange and put them up for sale at

first for 4900
second for 5900

⅓ for 6900

if they go up in a year you get

4900
5900
2300

13100 back and still have ⅔ of a coin

lippsman

newbie

Activity: 10

Merit: 0

Thanks for the input. Sounds like I may be better off just investing the 12K in something else, unless someone else has some more info.

Thanks

Philopolymath

sr. member

Activity: 558

Merit: 295

Walter Russell's Cosmogony is RIGHT!

Quote from: philipma1957 on September 20, 2017, 07:46:20 PM

Quote from: lippsman on September 20, 2017, 10:37:46 AM

I see many post saying it's a wast of time for home miners and post that say you can still turn a profit.

In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU.

Sorry for the noob question

Thanks

okay a 30 amp 240 volt circuit gets derated 80% = 24 amp

6 amp per s-9

means you can run 4 s-9's

below is a next to perfect way to setup 4 s-9's even though for that thread he wants to mine other stuff the power parts work for you.

https://bitcointalksearch.org/topic/m.22020934

so 600 + 4 x 1600 = 7000usd

do I think it would make a profit maybe maybe not.

if price stays at 4k and growth = 2% yes unless gear breaks
if price stays at 4k and growth = 3% yes unless gear breaks
if price stays at 4k and growth = 3.5% maybe yes if you sell your gear at the right time.

THAT IS EXACTLY WHAT I DID....TWICE!

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

Quote from: lippsman on September 20, 2017, 10:37:46 AM

I see many post saying it's a wast of time for home miners and post that say you can still turn a profit.

In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU.

Sorry for the noob question

Thanks

okay a 30 amp 240 volt circuit gets derated 80% = 24 amp

6 amp per s-9

means you can run 4 s-9's

below is a next to perfect way to setup 4 s-9's even though for that thread he wants to mine other stuff the power parts work for you.

https://bitcointalksearch.org/topic/m.22020934

so 600 + 4 x 1600 = 7000usd

do I think it would make a profit maybe maybe not.

if price stays at 4k and growth = 2% yes unless gear breaks
if price stays at 4k and growth = 3% yes unless gear breaks
if price stays at 4k and growth = 3.5% maybe yes if you sell your gear at the right time.

Philopolymath

sr. member

Activity: 558

Merit: 295

Walter Russell's Cosmogony is RIGHT!

Ask me again in 3 years.

lippsman

newbie

Activity: 10

Merit: 0

I see many post saying it's a wast of time for home miners and post that say you can still turn a profit.

In my area I pay 10.06c/kw, is this doable ? I already have the power in place to run these, just need to get a PDU.

Sorry for the noob question

Thanks

Topic: Is it worth buying 3 or 4 S9's at this point (Read 893 times)