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Topic: Solo mining with 2x S7 10 Th/S - page 2. (Read 5074 times)

legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 04, 2015, 07:06:14 AM
#7
what do you think about:
http://solo.ckpool.org/

I have heard great reviews about this solomining pool. It does have a fee but it's relatively low and it saves you the trouble of managing your own solo mining node. You can easily recoup your losses if you mine a block when solo mining. It doesn't require an account which reduces the chances of it being hacked.
legendary
Activity: 1120
Merit: 1001
November 04, 2015, 05:38:47 AM
#6
what do you think about:
http://solo.ckpool.org/
legendary
Activity: 1120
Merit: 1001
November 04, 2015, 05:21:59 AM
#5
I don't have cooling and space issues, I never mentioned it.
I already mine with them on antpool ...
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 04, 2015, 05:19:54 AM
#4
Given that the difficulty increases with a constant of 7%, you are likely to generate a block every 45 weeks. You can make ROI if your electrical cost is below $0.08 and the prices doesn't change. This is quite impossible as the price is highly violatile and difficulty increment varies. You also have to think about the cooling and the space issues.
legendary
Activity: 1120
Merit: 1001
November 04, 2015, 05:11:01 AM
#3
no they don't sell for 8 BTC, they are  sold for 4 BTC on Bitmaintech !
Nobody will buy them for 8 BTC now
full member
Activity: 140
Merit: 100
November 04, 2015, 05:07:06 AM
#2
I ordered 2x AntMiner S7 that costed me a whooping 13 BTC + VAT and now with the big price increase, the difficulty will sky rocket because people paid only 4 BTC for a S7  and I'm pretty sure I will not be able to make almost anything back with my S7 investment, therefore I was thinking of trying my luck and solo mine on ckpool with my 2x S7.
What do you guys think ?

You bought 2x Ant miners at 13 btc ~ 240USD/btc = 3100$
Now they sell for 8 btc ~ 430USD/btc =  3400$

Problem? ^^

No, you shouldn't solo mine. Try http://kano.is
legendary
Activity: 1120
Merit: 1001
November 04, 2015, 04:52:09 AM
#1
I ordered 2x AntMiner S7 that costed me a whooping 13 BTC + VAT and now with the big price increase, the difficulty will sky rocket because people paid only 4 BTC for a S7  and I'm pretty sure I will not be able to make almost anything back with my S7 investment, therefore I was thinking of trying my luck and solo mine on ckpool with my 2x S7.
What do you guys think ?
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