Post
Topic
Board Mining speculation
Re: How many GH/s or TH/s is needed to make asic bitcoin mining profitble
by
Gate559
on 18/03/2014, 15:49:14 UTC
0.13 btc in 6 days.. Isnt that very low.. How much you paid for 200ghs?

Cant speak for long term, but around 200 ghs made me 0.13 in 6 days (just set up my other one last night so now I will get more Smiley .)
The price was $885 (I used a psu from something else on that one.)
Don't even ask what my scrpyt rigs for 6 times the price made this week.... Cry     

There you go  Grin
The same thing I bought is 200 dollars cheaper now.  Oh well, fucked myself as usual by being impatient unless btc goes up to 700 next week. 

Don't beat yourself up. Yes the price dropped but it takes some time for the units to be delivered. In the meantime you are mining. Assuming you bought from the official website. The guy there is really cool and he drops the price almost as much as you would be earning mining those days.

This miner eats 40-50$/month in electricity so in theory, assuming you get back your investment, you could use it until you make less than $50/month in BTC.

I estimate your rigs made ~0.26 BTC that week:D. So sell GPU rigs and buy sha ASICs but I can't find anything beside ANTminer to buy that does not need $3k+ and 3+months waiting time. Any ideas?