Author

Topic: What do you think about this miner? (Read 1142 times)

legendary
Activity: 1470
Merit: 1001
September 28, 2015, 09:02:18 AM
#10
Its an old miner, and possibly you will lost moeny with it. Before investing in miners you need to know if you can have a good price of electricity.
legendary
Activity: 1302
Merit: 1068
September 25, 2015, 05:04:22 PM
#9
25$ For a 60Ghs miner?

No that's completely rip off, especially with the added 25$ shipping cost.

You should look to buy at most 25cents per GH and that at up to 0.5J/GH power efficiency. That miner fail both critera by far, thus no. No way.

Some S3's would be good if you have cheap electricity, like 0.03-0.04$/kWh, S5 if you have 0.05-0.06~ and if you have 0.08+ i wouldn't mine. Hence;

What is your electricity cost and what is your budget and also your location?

Give us that and someone will certainly give you a good recommendation.
legendary
Activity: 1498
Merit: 1030
September 22, 2015, 03:47:21 AM
#8
Waste of money for badly outdated stuff.
legendary
Activity: 1456
Merit: 1000
September 21, 2015, 03:56:25 PM
#7
What do you think about this miner? How can I mine with it?
ebay

Don't get that miner would be my advice.  I just don't think it is a great choice.

What is your electricity price?  And what is your amount you feel comparable investing?  With that we can help pick something much better for you.
newbie
Activity: 17
Merit: 0
September 21, 2015, 02:02:08 AM
#6
I would look for an Antminer S3 You can get them and a psu for $150 That will get you around 445Gh/s @385 Watts.
member
Activity: 84
Merit: 10
September 20, 2015, 02:26:32 AM
#5
for a starter you can calc the roi if your free eletricity it gets like 3 dollars to 4 dollars per month and than into 6 months can be payed and he workths like 5 dollars then lol
legendary
Activity: 3248
Merit: 1070
September 20, 2015, 02:17:16 AM
#4
eats more than 1 watt per GHs = loss unless you have free or near-free electric.

 Waste of time and money as a general rule.

1kw for 1 tera is way too much, one should aim at 0.5 per giga or 500 per tera

the s7 is 250w per tera currently...
legendary
Activity: 1498
Merit: 1030
September 19, 2015, 06:25:42 PM
#3
eats more than 1 watt per GHs = loss unless you have free or near-free electric.

 Waste of time and money as a general rule.
full member
Activity: 182
Merit: 100
Hello there!
September 19, 2015, 05:44:38 AM
#2
It's mining bitcoin's algo on BTCguild, so it can only mine SHA-256, so therefor no altcoin such as litecoin mining... Not to mention that Antminer U3 will do the same thing speed wise and it's a known product, I haven't heard of this machine. It won't make back ROI any time soon, it's too slow (~60GH/s) to make much money these days, pretty much only a few cents a day.

TL;DR
Too slow to make money back, not well known product, wouldn't buy it personally.
member
Activity: 98
Merit: 10
September 19, 2015, 05:21:18 AM
#1
What do you think about this miner? How can I mine with it?
ebay
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