Is this good for someone who's starting out bitcoin mining?

SFR10

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Quote from: JohnS2114 on January 28, 2016, 02:45:12 AM

1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need psu for the miner?

1. Yes it is but perhaps you could head over the following section of this forum and even find a better deal (even if it means buying second hand as long as from a trusted person) https://bitcointalk.org/index.php?board=75.0 It would be more than enough to help you to get a good taste of mining.

2. Yes it's a necessity.

Quote from: JohnS2114 on January 28, 2016, 03:15:48 AM

also i forgot to ask how many bitcoins would i get a week with this as an estimate?

Assuming the difficulty stays as the same (It doesn't), you would roughly be earning around $5 in a week.

mocacinno

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Quote from: JohnS2114 on January 28, 2016, 03:15:48 AM

also i forgot to ask how many bitcoins would i get a week with this as an estimate?

You can use this link to calculate:
http://www.coinwarz.com/calculators/bitcoin-mining-calculator

It's best to fill in your power cost, mining fee, hardware price,... in order to get a full profitability estimate (based on the current network status... This estimate is in no way a promise of income, the price will change, the diff will rise, the blocks will halve,...

JohnS2114

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also i forgot to ask how many bitcoins would i get a week with this as an estimate?

mocacinno

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Here's the website of the producer:

https://bitmaintech.com/productDetail.htm?pid=00020140630025130637RV8OhOwt06BC

It has all the specs you need Wink

JohnS2114

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how many watts an hour would this particular miner use an hour?

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Quote from: JohnS2114 on January 28, 2016, 02:45:12 AM

Hello,

I'm looking to start bitcoin mining and i have some questions:
1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need psu for the miner?

If you have very cheap electricity, sure. It is a good miner, its just showing age in term of efficiency. The price is also a bit steep, you can probably find better. And yes you would need a PSU.

An EVGA gold G2 750 would do two nicely.

JohnS2114

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Hello,

I'm looking to start bitcoin mining and i have some questions:
1. is this a good bitcoin miner for someone just starting out http://www.amazon.com/Bitmain-AntMiner-S3-453Gh-Digital/dp/B00LETT8VS/ref=sr_1_5?s=pc&ie=UTF8&qid=1453966328&sr=1-5&keywords=Bitcoin+miner
2. and going on from the first question would i need psu for the miner?

Topic: Is this good for someone who's starting out bitcoin mining? (Read 606 times)