Post
Topic
Board Mining speculation
Re: Entering the bitcoin mining game need advice!
by
philipma1957
on 06/08/2015, 00:03:09 UTC
I'll be honest with you on mining... While the S3 or the S3+'s are tanks you have to have 2 or 3 of them to have at least 1TH. I have 2 S3+'s personally and they run fine but don't expect ROI at all on really any hardware now. Keep it as a hobby otherwise being all about making money or a large amount of profit will take its toll. You need to take into account how much you'd be spending on electricity as well.


Thanks for the input ,

At the moment the current costs im being offered the S3's for

I can achieve ROI in 3 months excluding electricity costs,

I suppose that if you don't pay for electricity and you already have one or two PSU, RIO can be achieved. 120$ USD seems like a lot to me for a S3 nowadays.

I'm not sure about this warranty thing either like philipma1957 mentioned.

What would be your suggested price then He was asking for 160$ I bargained and bought it down to 120.. Tongue

If your power cost is very low 4 or 5 cents   this gear can turn a profit (well at least stand a chance to do that)

 IF YOU ARE IN EUROPE AND THE 120 INCLUDE VAT  It is an okay price.

I paid 85 and 82 usd on ebay for 2 of them about 85 days ago.  I  have 3 cent power so I made a profit on them.