Mining profitable again. - page 2. | Bitcointalksearch.org

notlist3d

legendary

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Quote from: cakir on October 30, 2015, 08:12:43 PM

Quote from: ACAB on October 30, 2015, 07:56:50 PM

Quote from: BTCBinary on October 30, 2015, 05:21:43 PM

Mining is profitable again for some old hardware. This means more miners will turn their hardware to mine. Could it be a good bet to buy some S7 cloud services on the hashnest cloud mining platform?

Rather than buying S7, rent S4 or S5. Price/Profit margin is way too higher in S4 and S5. S7's are overpriced in the market right now.
Mining is profitable if you use the right device.

I'm buying S5's at these prices and I think they're really cheap& very profitable.

All depends on the price of electricity. But S5's and others in it's generation kinda have new life. They were still worth running at 230 per btc. Now at 330 it is really worth running.

If price keeps gong up I sure wont be selling these anytime soon.

cakir

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Quote from: ACAB on October 30, 2015, 07:56:50 PM

Quote from: BTCBinary on October 30, 2015, 05:21:43 PM

Mining is profitable again for some old hardware. This means more miners will turn their hardware to mine. Could it be a good bet to buy some S7 cloud services on the hashnest cloud mining platform?

Rather than buying S7, rent S4 or S5. Price/Profit margin is way too higher in S4 and S5. S7's are overpriced in the market right now.
Mining is profitable if you use the right device.

I'm buying S5's at these prices and I think they're really cheap& very profitable.

ACAB

hero member

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Quote from: BTCBinary on October 30, 2015, 05:21:43 PM

Mining is profitable again for some old hardware. This means more miners will turn their hardware to mine. Could it be a good bet to buy some S7 cloud services on the hashnest cloud mining platform?

Rather than buying S7, rent S4 or S5. Price/Profit margin is way too higher in S4 and S5. S7's are overpriced in the market right now.
Mining is profitable if you use the right device.

thefaucetrunner

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Quote from: BTCBinary on October 30, 2015, 05:21:43 PM

Mining is profitable again for some old hardware. This means more miners will turn their hardware to mine. Could it be a good bet to buy some S7 cloud services on the hashnest cloud mining platform?

What hardware specifically? I realized that the price of Bitcoin going up would have some impact on the miners out there. Is Hashnest actually a real operation? I'm so suspicious of these cloud mining gigs, I'd rather just get a miner and know that my money is being made in front of my eyes.

Mining is profitable anyway, it's just the price of the commodity goes up and down. If you dug up some gold you'd see the value regardless of the market price. A lot of Bitcoin users see the value.

BTCBinary

hero member

Activity: 504

Merit: 500

Mining is profitable again for some old hardware. This means more miners will turn their hardware to mine. Could it be a good bet to buy some S7 cloud services on the hashnest cloud mining platform?

Topic: Mining profitable again. - page 2. (Read 1589 times)