This comparison is not very just...
Today BTC has a market of 12 billion, back then it wasn't. Today it's also a lot more established than it was in the past.
At that time I would not care as much. Throwing $100 is like for fun. Today I obviously look at it as a risky but growth oriented investment.
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1127. (Read 5352229 times)
December 17, 2016, 01:31:08 AM
December 17, 2016, 01:02:45 AM
A fun fact:
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
And the S1 didn't cost $18K+ USD.
March 4th 2014 was 684 price
Dec 16th 2016 price is 788
Btc was about to drop and drop and drop
By May of 2014 btc was 385.
But the question is do we get a strong btc rally this means s9 is decent.
Or does btc drop to 480 this means the s9 is really bad.
well, 684/788=0.86; to me it IS roughly the same (within 15%), considering that much more importantly, you have to bring in machines that cost at least 20 times more (S1 was something like $800 then) and consume 24 times more electricity.
Come on, you know that it is basically a shitty deal that we got now. Can it get better? Sure, in $$ terms.
December 17, 2016, 12:07:43 AM
A fun fact:
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
And the S1 didn't cost $18K+ USD.
March 4th 2014 was 684 price
Dec 16th 2016 price is 788
Btc was about to drop and drop and drop
By May of 2014 btc was 385.
But the question is do we get a strong btc rally this means s9 is decent.
Or does btc drop to 480 this means the s9 is really bad.
December 16, 2016, 11:42:01 PM
A fun fact:
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
And the S1 didn't cost $18K+ USD.
December 16, 2016, 10:24:54 PM
A fun fact:
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
lowly Antminer S1 (178GH/s) was making 0.08 BTC/day in March 2014, about what 100th of miners (7-8 S9) are making right now.
Price of btc is roughly the same. Bottom line: we are making peanuts for our outsize effort, and it is a fact.
December 16, 2016, 10:12:37 PM
Yeah, we need to get a lot of green so our stats will look like this:
MERRY CHRISTMAS!
MERRY CHRISTMAS!
Only 16 more to get back to even for the month, NP. 8 Saturday and 8 Sunday.
December 16, 2016, 09:39:40 PM
is s9v2 the autotune firmware?? I am wanting to upgrade mine from v1
December 16, 2016, 09:26:36 PM
Block by schmokeandapancake! This is his 2nd Kano block and our 1st of the new day!
Was that with an S9?
Appears to be an S9v2 Was that with an S9?
December 16, 2016, 09:25:05 PM
Yeah, we need to get a lot of green so our stats will look like this:
MERRY CHRISTMAS!
MERRY CHRISTMAS!
December 16, 2016, 09:17:58 PM
Very cool! Keep the blocks flowing. Time to see some GREEN for Christmas-time!! 
December 16, 2016, 08:37:14 PM
Now we're cookin'.
December 16, 2016, 08:36:34 PM
December 16, 2016, 08:36:28 PM
BOOM! Here we go...
December 16, 2016, 08:35:41 PM
Block by schmokeandapancake! This is his 2nd Kano block and our 1st of the new day!
Was that with an S9?
Was that with an S9?
December 16, 2016, 08:32:44 PM
One more time...I've got three S7s at Labrador that are still profitable; I've got one A6 and one A721 here at home that, with free power, are also obviously profitable. By my calcs, even an A6 at Labrador would be profitable (not enriching, but profitable). IMHO.
recheck your ##, please. If there was 73% luck last mo, you are probably close to breakeven on S7 later than B8 even with 65CAD/kw long term plan.
I checked. it is around USD 70 for a mo in revenue and about the same in expenses.
December 16, 2016, 08:23:20 PM
One more time...I've got three S7s at Labrador that are still profitable; I've got one A6 and one A721 here at home that, with free power, are also obviously profitable. By my calcs, even an A6 at Labrador would be profitable (not enriching, but profitable). IMHO.
That's the part that so hard to get through to so many hobbyists, even 1BTC per year is profitable (albeit far less fun).
December 16, 2016, 07:37:19 PM
One more time...I've got three S7s at Labrador that are still profitable; I've got one A6 and one A721 here at home that, with free power, are also obviously profitable. By my calcs, even an A6 at Labrador would be profitable (not enriching, but profitable). IMHO.
December 16, 2016, 06:22:13 PM
I'd think anything under 3008gb is a waste.
yeah, cuz f@%k me and my 2.7 LNs, right?
My bad stupid auto correct on my phone. I meant 300gh and under.
I use an s7 modified to run like the s7-ln due to a bad board I took out and attached an to 900watt p.s. to the side. Runs at 2.8Th@ 770watts. Its my solo lottery ticket.
I got rid of everything else right after the s9 Fu started.
December 16, 2016, 05:53:29 PM
Maybe everyone with s9 v1 should upgrade? Who has a good update to use?
All mine have the Nov 29 update with no issues. December 16, 2016, 05:45:25 PM
Maybe everyone with s9 v1 should upgrade? Who has a good update to use?
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