Quote from: philipma1957 on August 06, 2015, 12:18:44 AM

Quote from: baristor on August 06, 2015, 12:13:48 AM

Quote from: philipma1957 on August 06, 2015, 12:03:09 AM

Quote from: baristor on August 05, 2015, 11:38:47 PM

Quote from: unholycactus on August 05, 2015, 11:34:58 PM

Quote from: baristor on August 05, 2015, 11:27:25 PM

Quote from: djroadking on August 05, 2015, 11:22:53 PM

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.

the problem is I am from India, So the elctricity is kindof cheap , and this guy lives in same city as me so I can pay cash and pickit up although I think I should probably ask for a better price after hearing what u guys have to say.

And buying them online etc Id have to pay shipping so I thought 120 was a fair deal.

The price is okay not terrible. With cheap power you stand a chance at profit. Tell him 90 each see what he says. Be willing to go to 100.
As long as you have low cost power 4 cents a kwatt to 7 cents a kwatt you are in the running to profit a bit.

Will ask him ,, I think the price is now 10 cents a unit will that still get me a decent profit ?