Author

Topic: Profitable hardware? (Read 1558 times)

newbie
Activity: 6
Merit: 0
March 10, 2014, 05:01:09 PM
#16
I don't believe mining is still profitable, not in Belgium anyways. We have to pay ~$0.30/KWH electricity and blocks are more difficult to find these days.
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
March 10, 2014, 12:22:22 PM
#15
Does any profitable mining hardware exist that is available for purchase and delivery now?

Don't waste time on BTC mining,
Scrypt mining is much more profitable.

The Gridseed ASIC (BTC/Scrypt) EU distributor is based in Kent, UK:
https://bitcointalksearch.org/topic/minereucom-850usd-thunderx3-80-usd-blizzard-4blizzard-60-usd-each-508904

Much more efficient than GPU/CPU. The only ASIC chip for Scrypt coins.

Please elaborate. These are peripheral devices that attach via usb? They are compatible with Linux? Pool script mining?

what's the best setup with these?
sr. member
Activity: 294
Merit: 250
March 10, 2014, 02:25:56 AM
#14

Never seen them before... Look at their faq, "is this a scam?" lol... Who would ask a company if they are a scam and expect a "yes, we're a scam"?

My advice is to save yourself any risk and wait until they release, a 3D mockup does little to warranty an investment (unless you're kickstarting)  Grin


You can find their thread here https://bitcointalksearch.org/topic/750-ghs-3ths-miners-from-3565-wwwbitcoinultracouk-469943

I have ordered a single unit with a Credit card not because I trust them but because they are a limited Vat registered company so I have 100% put my faith in my CC company and my country's laws not bitcoinultra.

As yet all we have seen is 100% vaporware so I would honestly say until you hear reports of miners hitting customer doorsteps be very wary and please please don't pay with bitcoins until we all know its legit.

On a personal note I am praying its a legit company because us brits are really behind the times on this.
sr. member
Activity: 244
Merit: 250
March 10, 2014, 01:07:13 AM
#13
Does any profitable mining hardware exist that is available for purchase and delivery now?

Don't waste time on BTC mining,
Scrypt mining is much more profitable.

The Gridseed ASIC (BTC/Scrypt) EU distributor is based in Kent, UK:
https://bitcointalksearch.org/topic/minereucom-850usd-thunderx3-80-usd-blizzard-4blizzard-60-usd-each-508904

Much more efficient than GPU/CPU. The only ASIC chip for Scrypt coins.
newbie
Activity: 27
Merit: 0
March 08, 2014, 09:25:43 PM
#12
https://minersource.net/ Miner Source has Antminers for sale and immediate delivery, and they are fairly friggin cheap. I've bought from them. And as far as equipment goes the Antminer S1 is about as simple stupid as it gets. Total plug n play. I also suggest the Dell PSU with adapter they sell. All-in it was less than $900 (a little while back too)
sr. member
Activity: 256
Merit: 250
Because it's sterile...
March 08, 2014, 05:17:24 PM
#11
IF you can get your hands on some 1T machines for $3.5-3.8 per Gh/s in the next few weeks they will do alright
member
Activity: 82
Merit: 10
March 08, 2014, 08:38:51 AM
#10
Lolwut?  Shocked
GPUs? With current price they 're profitable... If we talk about years-long time! Or everyday new fork jumps.
Antminers? 699$ , Profitable..  If Bitcoin grows in price up to 1200+ again. (There's still April ahead  Grin )

Nothing, clearly nothing for now (except for a couple of second-hand deals, like buying KNC Jupiter for 2,5 Bitcoins) .

sr. member
Activity: 252
Merit: 250
March 08, 2014, 07:07:48 AM
#9
Does any profitable mining hardware exist that is available for purchase and delivery now?

Bitcoin mining - ASIC mining equipment (Antminer S1, KNC Jupiter, Avalon)
Litecoin/dogecoin/alt mining (scrypt) - Multi GPU setups using R290X

When shopping, you'll want to divide cost by speed (in gh) to figure out the lowest cost per GH.  If a site sells in BTC, convert to BTC if you're planning on exchanging BTC for fiat.

example: $750 / 180gh = $4.16 per gigahash
The lower dollar you spend per GH, the better. 

Good luck, be wary of "too good to be true" deals. My advice is to stay away from group buys.




Thanks for your advice.

Yeah, I don't want a group buy. I want some hardware that I can run myself. I had a neptune on order but cancelled as things got too FUD. I also didn't like the idea of not receiving my machine..

If you were buying, right now, and had a few grand to throw down....what would you buy?

Antminers or gpus.  Dollar for dollar the profit is about the same right now between the two.

The gpu rigs will consume more electricity, but the scrypt hasrate is not increasing at nearly a rapid of a rate, and the gpu rigs are less likely to become obsolete as quickly.

The antminers use less electricity, but the difficulty is rising fast on the sha currencies and the antminer is more likely to become obsolete more quickly.

I wouldn't consider anything else.

bitmaintech.com for the antminers, or the usual computer hardware sources for gpus(or you can buy prebuilt rigs on the forum. I have some for sale 6x r9 270x and 6x r9 290 )

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
March 07, 2014, 06:42:35 PM
#8
Look at Group Buys where you're supposed to end up with possession or delivery of your units. And check out the past performance of that person or group.

For example: I hosted a Group Buy for some USB miners back in November. Everyone who participated got their hardware. Now, USB miners are known not to have very good ROI, so that's not really a good example of profitable hardware.
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
March 07, 2014, 06:33:48 PM
#7

Never seen them before... Look at their faq, "is this a scam?" lol... Who would ask a company if they are a scam and expect a "yes, we're a scam"?

My advice is to save yourself any risk and wait until they release, a 3D mockup does little to warranty an investment (unless you're kickstarting)  Grin
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
March 07, 2014, 05:40:03 PM
#6
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
March 07, 2014, 05:36:57 PM
#5
Does any profitable mining hardware exist that is available for purchase and delivery now?

Bitcoin mining - ASIC mining equipment (Antminer S1, KNC Jupiter, Avalon)
Litecoin/dogecoin/alt mining (scrypt) - Multi GPU setups using R290X

When shopping, you'll want to divide cost by speed (in gh) to figure out the lowest cost per GH.  If a site sells in BTC, convert to BTC if you're planning on exchanging BTC for fiat.

example: $750 / 180gh = $4.16 per gigahash
The lower dollar you spend per GH, the better.  

Good luck, be wary of "too good to be true" deals. My advice is to stay away from group buys.









Thanks for your advice.

Yeah, I don't want a group buy. I want some hardware that I can run myself. I had a neptune on order but cancelled as things got too FUD. I also didn't like the idea of not receiving my machine..

If you were buying, right now, and had a few grand to throw down....what would you buy?
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
March 07, 2014, 05:10:21 PM
#4
Does any profitable mining hardware exist that is available for purchase and delivery now?

Bitcoin mining - ASIC mining equipment (Antminer S1, KNC Jupiter, Avalon)
Litecoin/dogecoin/alt mining (scrypt) - Multi GPU setups using R290X

When shopping, you'll want to divide cost by speed (in gh) to figure out the lowest cost per GH.  If a site sells in BTC, convert to BTC if you're planning on exchanging BTC for fiat.

example: $750 / 180gh = $4.16 per gigahash
The lower dollar you spend per GH, the better. 

Good luck, be wary of "too good to be true" deals. My advice is to stay away from group buys.







sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
March 07, 2014, 05:01:49 PM
#3
gpus. and antminers. bitmaintech.com.

copy that. Can anyone speak to their buying and operating experience? How was the buying experience? Also, please share the configuration and mining on this hardware. Thanks in advance...
sr. member
Activity: 462
Merit: 250
Lux e tenebris
March 07, 2014, 03:33:53 PM
#2
gpus. and antminers. bitmaintech.com.
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
March 07, 2014, 02:29:43 PM
#1
Does any profitable mining hardware exist that is available for purchase and delivery now?
Jump to: