Topic: Need to know which miner is good to mine bitcoins at current difficulty! (Read 2420 times)

I have already sent my quotations and details regarding the same to the investors to decide whether they will do it? I will update regarding the same soon as they said they will let me know about the same in a week... Let's hope for the best... Fingers Crossed...


Well, I never had any problems with anyone and I said this somewhere on this forum I don't remember, but yes, we are here to make friends, not enemies...
Goodluck to you too...

I am waiting for Bitmaintech S5, they say its coming soon. The price and efficiency should be really good.

I have redrawn all my accusations after you explained your self.
And i made a mistake about the removed referal link, I did not consider that a mod did it.
Good luck with your project!

I tested the shit out of this gear.  max setting is 288 watts x 4 = 1152 / .9 if you have a really good psu  that is 1280 watts and 1710-1725 gh

I used the evga 1600 p2  psu high end really good . set fan at 100 .  I used 1310 watts at the k-watt meter not 1280 watts and it never past 1750

runs really hot burns a shit load of power.

A  number of 1725-1750 for max is correct and frankly pretty nutty to try for.

like I said 750 watts and 1350 gh
this will allow the gear to just keep on working day in and day out with very little attention or care.

Sir, I agree with you, but I think SP20 gives 1700 GH/s underclocked and not overclocked, if I'm not wrong??? Maybe?

Your right Philip better to underclock it as overclock it especially a big juice burner,better and more stable mining better ROI in the long run.

they run way better under watted.

   which means you get 750 watts and 1350 gh

think of driving a car with your foot pressing the gas at full speed.  yeah the car does 150 kilometers  per hour , but it is risky and burns a lot of gas.

drive at 100 kilometers per hour  the ride is safer  easy to control and you get much better gas mileage.

so calculate using 750 watts and 1350 gh .  not 1200 watts and 1700 gh

Thank you so much for your reply sir.

I have some more questions I would like to ask, please reply to them if you don't mind...

Actually, I live in India and my dad have been paying all electricity bills since my birth, and till today I don't actually know what's the cost for power, i.e. $/kWh he's been paying. Regarding SP20, I have seen that those miners can give nearly 1.7 GH/s and overclocking can get me up to 2.2 GH/s if I am not wrong, but yes, I need 1200 Watts of power to be sent to 1 miner and if I ain't wrong, if I get 1.7 GH/s from 1 miner, then with 15 miners, I must be getting 25 TH/s which will gain me $43,571.03 annually based on current difficulty and if I subtract the power expenses that I estimate and put in at Coinwarz, the exact profit it shows is $27,803.03 per year and my power Cost will be $15,768.00, making me a return of up to 270% and my profit % will be 170%. Are all my estimates correct? I will ask my dad and will post here regarding Power Cost, but based on my estimates, can you please evaluate everything again and tell me whether it's an opportunity or a loophole?

Reference of my search: http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=25000&p=18000&pc=0.10&pf=0.00&d=40007470271.27130000&r=25.00000000&er=379.85000000&hc=10425

my reply is very simple that farm would be a decent shot if you have good power prices.

  if it is coming up to winter for you (no cooling needed)

 I own 2 sp20's going  to  be 4 in a few days. I run them underclocked .

I use about 750 watts for 1 and get about 1350 gh

15 x 750 =11250 watts 15 x 1350 gh =20250gh or 20.25 th

depending on diff growth power cost btc price this setup stands a very good chance at a profit.

Hey guys, I have found a Sale at Spondoolies as they are currently providing with a 15 SP20 Miners' Mini Farm to be bought and it costs nearly $10.4k to buy it as some sort of sale is going on. Also checked the calculations on most of the sites and got that if the difficulty remains the same, then it is possible for me to get my ROI in just 3 months, and the rest is the profit...

Waiting especially for your take on this, allcoinminer...

Here's the link I'm giving for reference regarding the same: http://www.spondoolies-tech.com/products/sp20-mini-farm-batch-1

Watched your reply there and thanks for the same, as I have also been watching for different replies from different people in different threads, as I'm too curious to get an answer before the deadline whether to grab this opportunity or to let it go, as even I don't want to put in anybody's money and let it sink without any knowledge in the same. Would like to add you at skype for same conversation, please PM me with your skype id, I will add you...

Regards, cheers...

Well, I saw your reply before and appreciate it as I can see that your user id itself says that you already are a miner. Respect. But still, would like to have some more opinions on this as I don't want to lose this opportunity, and I have got a deadline now from the investor's side, as he asked me to let him be known my answer regarding the same within a month, else he won't be sponsoring my project afterwards.

Also, please help my friend REorEVOLUTION (Not personal, just here at BCT), as he's looking for same thing, even I gave my opinion there to the best of my knowledge.

Cheers...

EDIT: This is his thread's link: https://bitcointalksearch.org/topic/mining-investment-need-expert-opinion-would-pay-for-consultation-869273

No offence.
But, your question is already answered by me.

Don't you think you are too smart enough to put everyone under the same fallacy? It's something I call as a great work you are doing, like pointing out scammers and spammers, as I do even hate them a lot.

Regarding multiple attempt to get BTC loan, yes I agree that I've asked them but you may ask people like marcotheminer and haploid directly whether I had a PM conversation with them or not before asking them for the same, and sometimes they agreed and sometimes denied, based on their personal interest.
About signature spamming, I posted the second one to let everyone know about my preference in some other way, and I ain't knowing that referral links ain't allowed here, and yes, I didn't remove any, it's the mod who removed and edited them...
And last but not the least, I would love you for watching me... Anyways, can you please suggest me which mining hardware should I go with? Thanks in advance for the same and keep up the good work... Cheers...


Thanks a lot mod, and am sorry I ain't knowing it, else I wouldn't have posted any, you can see my previous posts, I have posted any such links...

No that was an observant mod who silently removed the referral 

Yes agreed, very shady user.
Multiple attempt to loan bitcoins.
Signature spamming.
Edit OP and removed referral link, after I criticized him.
I will be watching this user.

You can always edit the OP if you really want to add what you missed.
Otherwise, you were looking to increase post count for your signature campaign, leave it.
Regarding the OP, no mining devices are available to effectively invest as of now.
No need to say that no cloud mining shares will give effective ROI or even ROI than conventional
 investments because of conflict of interest.

You forgot to mention that the company you "recommend" is a referral link...
You are not going to fool anybody here.

BTW, I even forgot to mention in the OP that for the cloud mining thing, I currently prefer http://cloudminr.io
And it may sound a bit like advertising, but I thought I should share this opportunity with you guys too, and that's:
You will get free 100 GH/s for 7 days for registering there...
Here's the link again: http://cloudminr.io
Try it out for free and you can even get 20 TH/s for just BTC18 with an expected first year return of upto BTC41.86...

Good luck...

Hey folks,
It's gkv9 outta here with some great news. As we have seen that the difficulty's been so high these days and reached 40300030328, it seems almost impossible for an average miner with only a few GH/s to mine a whole of a Bitcoin ever. The good news is that, I have found an investor who is ready to invest in my project that I showed him, a project in which I will mine BTC like everyone else, and there's nothing new about it. The only thing I would like everyone here to share with me is that, whether I should go with the miners in order to mine BTC or invest a whole lot of $20k in any cloud mining website and just wait and watch for my coins to be added to my account everyday.

Well, in mining hardware, I currently prefer Bitmain's ANTMINER C1 Batch 2 which includes everything from a miner to a cooling kit and all I need is a PSU to get it started. But frankly speaking, I'm currently new to this mining thing and don't actually know the pros and cons of mining it personally and on cloud. Moreover, I'm damn sure that I can make at least 150% ROI with any of these 2 options and I just need to pay back 125% in total which will give me 25% on hand. Both are risky investments, but cloud mining seems to be more riskier than mining them personally. All of your feedback is much appreciated though.