Quote from: firetreeactual on June 14, 2017, 05:55:44 PM

Quote from: bronder on June 14, 2017, 05:42:57 PM

If your electricity is free, why stop mining? you already paid for the S7's. I have S5,S4 and S7 mining and still get some btc, not a lot but with "almost free electricity" it's hard to find a reason not to power them up.
Besides there are other ways to make money with your S7s. Selling them is but one option. msg me privately if you want more ideas.

I'm not quite understanding, either...I've got three S7s in Labrador that are profitable, and I'm paying hosting. I've got another two machines at home, Avalons, where the juice is free.

Quote from: NomadGroup on June 14, 2017, 08:16:06 PM

If your electricity is almost free I would recommend you getting a credit from a bank ( if you don't have the funds) and bumping it up to at least 100th and start making some money here at Kano!!! Grin

Quote from: bronder on June 14, 2017, 05:42:57 PM

If your electricity is free, why stop mining? you already paid for the S7's. I have S5,S4 and S7 mining and still get some btc, not a lot but with "almost free electricity" it's hard to find a reason not to power them up.
Besides there are other ways to make money with your S7s. Selling them is but one option. msg me privately if you want more ideas.

Well the point is, i see these miners go on ebay.de around 550 to 650 euro's. Lets say i would get 1100 euro's, at the current rate (sigh) that's is 0,5 BTC.
With the exponentially growing Diff I've seen my profits go from 0,28 to 0,12 BTC/month in the last half year. So, what i'm wondering is that if I mine for half a year,
what would those miners still be worth? I'm guessing that in another 6 months I might scrape 0,5BTC with 2 S7's but by then the diff will have risen so much that monthly it's 0,05BTC for 9TH..
I can only use about 3000watt so more miners is not an option.
Furthermore, the whole BitMain HardFork, scaling debate and all is not healty for Bitcoin.
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.