For the 100$ you might just want to purchase hashing power with it in Cloudmining and be done with it.
ahahahahahah hahahahah.
No. Don't do that. You will get scammed!
Topic: Is there any mining hardware for around 100$ that might ROI? (Read 2528 times)
ahahahahahah hahahahah.
No. Don't do that. You will get scammed!
Why do you want to invest in a cloudmining site when the price in that time period can fluctuate by a lot, and its not worth it. ?
To cloudmine, or not to cloudmine? That is the question.
For the 100$ you might just want to purchase hashing power with it in Cloudmining and be done with it.
If you can fetch a box of broken gear for little or nothing, fix some of it, sell most of the working ones and mine on the rest (or the ones that you can just get limping). This requires practical skill in electronics repair, of course, but it works.
Instead of Hardware, why not cloudmining ( If you can find a legit company ) ?
Never do cloud mining, ever. There are no companies you can trust. AMHASH had one of the best reputations in the business, had a real farm, and then cut and run with everything!
Don't do it.
Free power + used S2, and you probably will ROI. 
If you don't have free power, you have pretty much zero chance with the current hardware on the market.
S2s seem to be going for around a hundred bucks each, not including potentially hefty shipping costs (you can mitigate this with local pickup if you're lucky). Any of those 1w/gh miners near a TH that are nearing end-of-life are great if you have free or near-free power.
If you don't have free power, you have pretty much zero chance with the current hardware on the market.
S2s seem to be going for around a hundred bucks each, not including potentially hefty shipping costs (you can mitigate this with local pickup if you're lucky). Any of those 1w/gh miners near a TH that are nearing end-of-life are great if you have free or near-free power.
What he said.
You can also try to find some KNCMiner Saturn or Jupiters, they are SILENT and fast but huge power hogs. Like 650Watts for only 500Gh/s
at this point is better to buy a small miner, that consumes little electricity and play the lottery
if you are lucky you will get 25 btc, otherwise you will lose a little
if you are lucky you will get 25 btc, otherwise you will lose a little
Instead of Hardware, why not cloudmining ( If you can find a legit company ) ?
and 99% are not!
the answer is: how much you pay for electricity?
But with proper research you can invest in that 1%, and go along with it.
As to the Op, even free electricity would probably not lead you to get a ROI, specially when the next year halving happens.
that price is to high to do serious mining at home! unless your heating is electric, then is perfect until summer time(depends on your climate)
only way to make positive roi on your energy price is to find very very cheap miners that has good speed per electric consumption ratio!
you can search for a data centre, friend that has electric heating, 'free energy''... work place etc....
i usually use this https://bitcoinwisdom.com/bitcoin/calculator for my calculations
only way to make positive roi on your energy price is to find very very cheap miners that has good speed per electric consumption ratio!
you can search for a data centre, friend that has electric heating, 'free energy''... work place etc....
i usually use this https://bitcoinwisdom.com/bitcoin/calculator for my calculations
Instead of Hardware, why not cloudmining ( If you can find a legit company ) ?
and 99% are not!
the answer is: how much you pay for electricity?
.14 KWH. If that is high, can I host my miner elsewhere?
Instead of Hardware, why not cloudmining ( If you can find a legit company ) ?
and 99% are not!
the answer is: how much you pay for electricity?
Instead of Hardware, why not cloudmining ( If you can find a legit company ) ?
Free power + used S2, and you probably will ROI.
If you don't have free power, you have pretty much zero chance with the current hardware on the market.
S2s seem to be going for around a hundred bucks each, not including potentially hefty shipping costs (you can mitigate this with local pickup if you're lucky). Any of those 1w/gh miners near a TH that are nearing end-of-life are great if you have free or near-free power.
If you don't have free power, you have pretty much zero chance with the current hardware on the market.
S2s seem to be going for around a hundred bucks each, not including potentially hefty shipping costs (you can mitigate this with local pickup if you're lucky). Any of those 1w/gh miners near a TH that are nearing end-of-life are great if you have free or near-free power.
basically only a used s3 has any chance to roi at this point.
Hey!
I am wondering if there is any mining hardware around $100 that might roi.
Thanks
sure is your power cheaper then 4 cents a kwatt? if it is 4 cents a kwatt a used s-3 stands a chance.I am wondering if there is any mining hardware around $100 that might roi.
Thanks
Nah, I wish. How about a scrypt miner? Or could I mine a new altcoin (SHA-256) and hope it does well?
If you live in a cold part of the world, then you can effectively "lower" your cost of electricity by replacing your furnace/heater with miners that would be used to heat your home.
The answer is yes for a strict-semantics parsing of the question. Provided the miner is mining, you will get a return on your investment. Whether that return is positive when initial investment and operating costs are factored in, however, is a much different question.
And no, I won't apologize for correctness. I cringe every time I see the term "ROI" misused. It's this community's "their/there/they're".
And no, I won't apologize for correctness. I cringe every time I see the term "ROI" misused. It's this community's "their/there/they're".
The answer is yes, just not with the current bitcoin prices. It depends on the price of electricity where you live and the price of Bitcoin in the next months.
Let's say you bought a used S3 you'd be getting 0.147BTC a month ($40). This could turn into $45 or $50 if BTC keeps going up.
Let's say you bought a used S3 you'd be getting 0.147BTC a month ($40). This could turn into $45 or $50 if BTC keeps going up.
The answer is no. You're better off buying and holding bitcoins. Altcoins are like a shitty version of penny stocks.
Edit: And this is directed to people with budgets below $10,000 generally.
Edit: And this is directed to people with budgets below $10,000 generally.
Hey!
I am wondering if there is any mining hardware around $100 that might roi.
Thanks
sure is your power cheaper then 4 cents a kwatt? if it is 4 cents a kwatt a used s-3 stands a chance.I am wondering if there is any mining hardware around $100 that might roi.
Thanks
Nah, I wish. How about a scrypt miner? Or could I mine a new altcoin (SHA-256) and hope it does well?
Hey!
I am wondering if there is any mining hardware around $100 that might roi.
Thanks
sure is your power cheaper then 4 cents a kwatt? if it is 4 cents a kwatt a used s-3 stands a chance. I am wondering if there is any mining hardware around $100 that might roi.
Thanks
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