Post
Topic
Board Hardware
Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH
by
Tupsu
on 20/11/2015, 23:42:56 UTC
If u gonna mine more BTC then you had to paid for 31xs7 then its ok.
And instead of paying for electricity when price is low you could just buy more BTC Tongue
Do your own math:
1. BTC you had  to paid (If you paid USD then BTC you could buy instead of miner) for that 31 S7 with shiping&tax. There is no need to count psu etc. + How much BTC you could buy instead of paying for electricity x any BTC price you want. Versus
2. How much BTC you will mine x same price as in 1.

If 2 = more euro then you did right choice (for making more money)
i know many ppl dont care and have enough money and just want to mine becouse its addictive Wink (i was miner too)

But at the end just for money making calculations:  if your mined BTC - electricity + BTC for your miner after you sold it = more BTC than you paid for the miner = WIN. If its less then it was better to just buy BTC and hold.

Its diferent if ppl using miners for heating like few posts above. Its almost always WIN ;p




You make one mistake. My electricity cost covers the sale of BTC. I only sell it when the price is high. Thus, it is like a loan which I will pay always return, selling BTC.
I can not use it for the purchase of BTC. if the price is low , because I have to pay for electricity..

Over the last three months I have sold used miners more than 100 BTC
The WIN should be only after the sale of the all S7 miners.

It depends on the market,  how great it is to be.