Is it worth to buy a 5.6 MH/s Scrypt miner?

acaciosc

full member

Activity: 325

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Quote from: toptek on December 08, 2014, 07:57:05 PM

Quote from: acaciosc on December 08, 2014, 05:39:19 PM

Quote from: rammy2k2 on December 08, 2014, 04:40:25 PM

400$ ? that miner worth like 30$ ... lol ..

Where did you find for only 30$? I also need to literally double the final price when looking for a miner to buy because of import duties.

he may mean the 5 chip one which doesn't even come close to 5.6 MH ,that's about the going price or less atm for one of those.

Oh, so in this case I think he is right (though he didn't take into consideration the import fees).

RD965

hero member

Activity: 532

Merit: 500

Quote from: toptek on December 08, 2014, 07:57:05 PM

Quote from: acaciosc on December 08, 2014, 05:39:19 PM

Quote from: rammy2k2 on December 08, 2014, 04:40:25 PM

400$ ? that miner worth like 30$ ... lol ..

Where did you find for only 30$? I also need to literally double the final price when looking for a miner to buy because of import duties.

he may mean the 5 chip one which doesn't even come close to 5.6 MH ,that's about the going price or less atm for one of those.

Exactly, then the 5.6mh gridseed sells on ebay for about 100€, quite decent!

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: acaciosc on December 08, 2014, 05:39:19 PM

Quote from: rammy2k2 on December 08, 2014, 04:40:25 PM

400$ ? that miner worth like 30$ ... lol ..

Where did you find for only 30$? I also need to literally double the final price when looking for a miner to buy because of import duties.

he may mean the 5 chip one which doesn't even come close to 5.6 MH ,that's about the going price or less atm for one of those.

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: adaseb on December 08, 2014, 06:51:27 AM

Yes they are not worth it at all.

You can buy one, use it for a few months and then sell it asap.

Problem with eBay is many buyers will send it back after 45 days for a full refund when they realise the low ROI

I'm not to worried i had it set for 30 days in the US and this guy knew it all most had no value. I don't sell to anyone out side the US to be safe. the one i did sell was a H x3 i asked the guy if he got it even thu ups showed he did . he gave no feed back at all it has 10 days left in returns, I'm sweating that one.

acaciosc

full member

Activity: 325

Merit: 100

Quote from: rammy2k2 on December 08, 2014, 04:40:25 PM

400$ ? that miner worth like 30$ ... lol ..

Where did you find for only 30$? I also need to literally double the final price when looking for a miner to buy because of import duties.

rammy2k2

legendary

Activity: 1974

Merit: 1003

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

400$ ? that miner worth like 30$ ... lol ..

acaciosc

full member

Activity: 325

Merit: 100

Quote from: AjinNYC

Well that sucks, but the Hashra Astro seems like a better speed to cost ratio anyway (although the electricity usage is higher on the Hashra).

I forgot Hashra Astro! I found it useful to make people who are waiting to buy L1 to don't waste time (and lose money) for Bitmain to bring back the Antminer L1.

I'm afraid to never ROI with Astro, since Coinwarz says it takes ~200 freaking days to break even (I'm adding import duties, which is damn too expensive where I live).

adaseb

legendary

Activity: 3808

Merit: 1723

Yes they are not worth it at all.

You can buy one, use it for a few months and then sell it asap.

Problem with eBay is many buyers will send it back after 45 days for a full refund when they realise the low ROI

toptek

legendary

Activity: 1274

Merit: 1000

no not worth it .. trust them they are right i just sold one on Ebay for 105$ .

Tstar

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Merit: 1005

Decentralized Asset Management Platform

first use a calculator to calculate in how much time it will return your investment and then profit
if you find that it will give you a good ROI then you should buy them

AJinNYC

member

Activity: 84

Merit: 10

Bored with you morons.

Quote from: acaciosc on December 07, 2014, 09:53:16 PM

Quote from: AJinNYC on December 06, 2014, 08:14:01 PM

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

If you're going to spend that much wait for the AntMiner L1... $600 for 120MH/s. That's $5 per MH/S not $75 per MH/s.

Hey, AjinNYC! Don't expect to see Antminer L1 available again! I have emailed them ~1 month ago and they noticed me they won't NEVER sell that miner again. I'm almost sure they are just mining for themselves and don't want anyone to compete with themselves.

Well that sucks, but the Hashra Astro seems like a better speed to cost ratio anyway (although the electricity usage is higher on the Hashra).

RD965

hero member

Activity: 532

Merit: 500

Quote from: acaciosc on December 07, 2014, 09:53:16 PM

Quote from: AJinNYC on December 06, 2014, 08:14:01 PM

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

If you're going to spend that much wait for the AntMiner L1... $600 for 120MH/s. That's $5 per MH/S not $75 per MH/s.

Hey, AjinNYC! Don't expect to see Antminer L1 available again! I have emailed them ~1 month ago and they noticed me they won't NEVER sell that miner again. I'm almost sure they are just mining for themselves and don't want anyone to compete with themselves.

So what there might be a shop that sells it thats not the end of the world! Also scrypt asics performance are a lot better than SHA

acaciosc

full member

Activity: 325

Merit: 100

Quote from: AJinNYC on December 06, 2014, 08:14:01 PM

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

If you're going to spend that much wait for the AntMiner L1... $600 for 120MH/s. That's $5 per MH/S not $75 per MH/s.

Hey, AjinNYC! Don't expect to see Antminer L1 available again! I have emailed them ~1 month ago and they noticed me they won't NEVER sell that miner again. I'm almost sure they are just mining for themselves and don't want anyone to compete with themselves.

XFire

newbie

Activity: 17

Merit: 0

Is there a certain coin you want to mine? If so consider renting has or buy it if it on an exchange.

RD965

hero member

Activity: 532

Merit: 500

Quote from: philipma1957 on November 13, 2014, 12:12:02 PM

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

400 usd is far too high a price

http://zoomhash.com/collections/asics/products/copy-of-plug-and-play-230-250mhs-5000w-scrypt-asic-package-domestic-usa-only-ships-from-los-angeles

i had some of the above decent gear

the cost is 289 + 60 to ship to New Jersey from west coast. you pay 350 usd use paypal to pay and get 23mh

it uses under 500 watts.

I have two of those for sale if youre interested, Im from Spain so if youre in Europe we can work something out! Pm and Ill give you more info

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: bitcoinmining on December 06, 2014, 08:14:17 PM

The price is very high and mining is not so profitable at this moment. It's better to buy BTC with it Wink

mining is better than buying directly, because can makes you more btc, buying and holding cannot, this is not the case of course...

bitcoinmining

sr. member

Activity: 381

Merit: 250

The price is very high and mining is not so profitable at this moment. It's better to buy BTC with it Wink

AJinNYC

member

Activity: 84

Merit: 10

Bored with you morons.

Quote from: acaciosc on November 13, 2014, 12:09:30 PM

Hi,
I'd like to know if it's worth paying ~$400 for a 5.6 MH/s Scrypt miner actually. I don't know about mining in solo mode, so I have no clue if it's worth. I noticed that, according to Coinwarz, RonPaulcoin takes only "0.16" days to generate one block in mining solo... What does that mean?

While mining in a pool with any scrypt miner, regardless of the coin mined, looks like isn't worth at all.

If you're going to spend that much wait for the AntMiner L1... $600 for 120MH/s. That's $5 per MH/S not $75 per MH/s.

FreeJack2k2

sr. member

Activity: 364

Merit: 250

Quote from: XFire on December 06, 2014, 04:11:51 PM

Hashlets may be an option but I do think there are much better was to spend your $.

Like throwing your money down a rat hole.

XFire

newbie

Activity: 17

Merit: 0

Hashlets may be an option but I do think there are much better was to spend your $.

Topic: Is it worth to buy a 5.6 MH/s Scrypt miner? (Read 3881 times)