What's a good miner to use at home? - page 2.

notlist3d

legendary

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Quote from: allegro on March 27, 2015, 02:33:28 PM

Quote from: cretine on March 23, 2015, 12:43:04 PM

I'm looking for a profitable miner to run at home, I'm willing to pay the electricity and keep the rest of the BTC so it has to have relatively good profitability.

Antminer S5 is the most cost effective miner at present. With a power draw of less than 600 watts at the wall anyone can use one at home. You would not want it in your living room or bedroom due to fan noise though.

Unless you already have a suitable power supply you could just buy an Antminer S5 converted to hashrate at Hashnest for $390. That way if you got tired of mining you could sell your GH immediately on the Hashnest market.

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There is more then just S5. I would say S5, SP20, and Avalon 4.1 as far as most current home miners.

allegro

newbie

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Quote from: cretine on March 23, 2015, 12:43:04 PM

I'm looking for a profitable miner to run at home, I'm willing to pay the electricity and keep the rest of the BTC so it has to have relatively good profitability.

Antminer S5 is the most cost effective miner at present. With a power draw of less than 600 watts at the wall anyone can use one at home. You would not want it in your living room or bedroom due to fan noise though.

Unless you already have a suitable power supply you could just buy an Antminer S5 converted to hashrate at Hashnest for $390. That way if you got tired of mining you could sell your GH immediately on the Hashnest market.

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notlist3d

legendary

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What is your electriity cost? And what miners are you looking at?

Snipe85

sr. member

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Infleum

Quote from: damiano on March 23, 2015, 05:12:13 PM

If I were you I would put 80% into btc and 20% into ltc

And I would stay away from LTC or any altcoin clones with no future future. LTC has been tanking for over a year. The only possibility for it to increase in value is if Bitcoin increases first. Why buy a clone when you can buy the real thing?

damiano

legendary

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103 days, 21 hours and 10 minutes.

If I were you I would put 80% into btc and 20% into ltc

hugs1BTC

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Quote from: Mikestang on March 23, 2015, 04:51:30 PM

Quote from: cretine on March 23, 2015, 04:29:11 PM

I'm having a budget under $5k not too much but not too little too. What do you think that would be the most profitable solution? In terms of consumption/earnings ofc.

Buy $5k worth of bitcoin today. 0 consumption, biggest earning potential. $5k in home mining equipment will never see ROI.

+1

5.000$ is a low investment for today's diff.

Mikestang

legendary

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Quote from: cretine on March 23, 2015, 04:29:11 PM

I'm having a budget under $5k not too much but not too little too. What do you think that would be the most profitable solution? In terms of consumption/earnings ofc.

Buy $5k worth of bitcoin today. 0 consumption, biggest earning potential. $5k in home mining equipment will never see ROI.

cretine

newbie

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I'm having a budget under $5k not too much but not too little too. What do you think that would be the most profitable solution? In terms of consumption/earnings ofc.

Amph

legendary

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antminer s1 or s3 should be good small miners to play with, but check you bill before buying one of those, they still consume too much in my opinion

Mikestang

legendary

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Quote from: cretine on March 23, 2015, 12:43:04 PM

I'm looking for a profitable miner to run at home, I'm willing to pay the electricity and keep the rest of the BTC so it has to have relatively good profitability.

What is your home electricity cost per kwh? AFAIK, nothing like what you want exists, there is no such thing as "profitable home mining" for bitcoin, hasn't been for a year or more.

I think an S5 would be too hot to run in a home environment, but you could probably play with an S3 or something like that.

hugs1BTC

sr. member

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Depends on what you want to mine. If you're looking for BTC, then it's very hard now to profit. You need very powerful ASICs.
If you want to be an "amateur" miner I suggest to buy a multi-gpu rig, to mine alt-coins like DRK.
You need to be more specific, for example you can calculate profitability on sites like CoinWarz.

cretine

newbie

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I'm looking for a profitable miner to run at home, I'm willing to pay the electricity and keep the rest of the BTC so it has to have relatively good profitability.

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