What are 1THS miners yielding? | Bitcointalksearch.org

doof

hero member

Activity: 765

Merit: 503

Quote from: techgeek on May 05, 2015, 01:11:16 AM

if you go to bitcoinwisdom they have a calculator there.

but 1 th/s can yield a small amount, not how much you are expecting and the price you got your miners for? So, I just assume you invested some money expecting a quick turn around.

If the rise of bitcoin value goes up, then you wont have to worry as much. In the future though, you should consider cloud mining with legit providers like hashnest the same ones who produce antminers.

Not really in it for ROI, miners where cheap and I have solar. So Id rather burn my supply of electricity into mining, than sell it back to the grid.

alh

legendary

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In my opinion, the primary reason to go with a reputable cloud miner is that your locale is too expensive, this could be in the form of taxes or duties on the miner purchase, or the cost of electricity is too high (e.g. $.25 for a KHW), or it's just too hot.

I highlighted "reputable" because many cloud mining operations that PROMISE extraordinary returns can easily be a Ponzi scheme. The "early" folks get paid, perhaps even well. It's the "later" joiners that really get screwed when the cloud mining operation just goes POOF with your money having been sent in.

If you want more rapid and stable payout, you might consider a PPS pool, though the pool fee is usually MUCH higher (e.g. 4% possibly more).

techgeek

hero member

Activity: 826

Merit: 1000

if you go to bitcoinwisdom they have a calculator there.

but 1 th/s can yield a small amount, not how much you are expecting and the price you got your miners for? So, I just assume you invested some money expecting a quick turn around.

If the rise of bitcoin value goes up, then you wont have to worry as much. In the future though, you should consider cloud mining with legit providers like hashnest the same ones who produce antminers.

nwfella

legendary

Activity: 1582

Merit: 1000

Well hello there!

Quote from: doof on May 04, 2015, 11:45:31 PM

I picked up a few Ant s3's and mining on slushes pool. The mining calcs say i should get about 0.01 a day, but its more like 0.001.

What do others yield?

I'm currently averaging ~0.0138/day with 1.43TH worth of gear. My tin-foil hat tells me your measuring your profitability after only a single day on a PPLNS pool. Depending upon the pool's luck and payout schedule it's very rare that you'll earn anywhere near your average daily earning potential within the first 24 hours.

Nice thing about S3's by the way is you can choose to 'distribute' your hash across multiple pools. If your having doubts about the Slush pool, try spreading your hash out across a couple of the larger ones (i.e. Antpool, BTCChina, or F2pool)

doof

hero member

Activity: 765

Merit: 503

I picked up a few Ant s3's and mining on slushes pool. The mining calcs say i should get about 0.01 a day, but its more like 0.001.

What do others yield?

Topic: What are 1THS miners yielding? (Read 866 times)