Ninjastic
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Re: 300 x S7 Antminers, 2 years ROI, 2 years=out of date hardware - worth it?
by
kpitti
on 16/02/2016, 10:19:55 UTC
Quote from: Vociferous on February 15, 2016, 09:13:57 PM
Hey guys,

So for example:

Initial investment £206,400 = 300 x S7 miners  = 1419 TH/S = £19918 per month (pm)

£19918 pm - £12214 (bills/rent/broadband pm) = £7704 pm.

SO WITH A £206,400 INVESTMENT, IT STILL TAKES 2.3 YEARS TO GET ROI.

During the 2 years your hardware becomes out of date and you've only broke even, with no profit, then you have to buy new hardware. SO WHAT IS THE POINT? Am I missing something? Perhaps it's only worth it if you invest millions?

You can shorten a period of using miners to 1 Year. Then you can try to sell your Miners to improve your figures. It`s not easy, but can be achieved. The problem could be a number of Miners right.