Topic: Will antminer s1's ever turn a profit as of now? (Read 654 times)
It seems so, even at the recent difficulty jump. I plan on buying 3, so 540 gh/s stock, and that is $40 a day.
I think the antminers are pretty well priced. With BTC$600 the units may look like a tough break-even but with BTC$800 things look a bit different.
I personally feel like a savvy user with power at <$0.15/kwh can make a 10-20% overall profit in a fairly short timeframe compared with other investments. These will not just magically make you a fortune though, and there is risk of bitcoin going down in price, which makes them even less profitable in comparison with power costs
I personally feel like a savvy user with power at <$0.15/kwh can make a 10-20% overall profit in a fairly short timeframe compared with other investments. These will not just magically make you a fortune though, and there is risk of bitcoin going down in price, which makes them even less profitable in comparison with power costs
If you do the "flip" on ebay & buy newer,less power hungry gear..........yes 
Ahh so the concensus is to mine on it til ROI then flip to the ebay crowd and earn a quick profit
If you do the "flip" on ebay & buy newer,less power hungry gear..........yes
I know with prices now it'll likely ROI but will it ever turn a profit?
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