Post
Topic
Board Hardware
Re: [Antminer S1 Sales open] Price changes daily, now 0.893 BTC for 180GH/s
by
iviaverick52
on 28/03/2014, 03:14:12 UTC
You may have seen me say before that it's not worth it to buy the S1, but considering these prices, it might be now(sort of, still too many unknown factors).

I ordered my S1 and paid 0.893, it is Unpaid,Expired but it's due to blockchain.info, hopefully tomorrow it will be resolved.

That's what I figured. Today bitcoin hit a pretty decent low of around $480 (I exchanged some USD at $520) and at .893 BTC that means the S1 was UNDER $500. At the current difficulty, you can get roughly .015 BTC/day. Even with difficulty fluctuations you definitely will be able to make back that .893, it may simply vary between 2-3 months. And at the point you can decide whether to use the BTC to buy another miner, or just call it good and sell the miner on ebay.

A lot of people are speculating that all the 1 and 2 TH miners are going to make the difficulty skyrocket, but I'm not so sure. A lot of farms will remove their current miners to make room for the larger units and/or sell them to fund the purchases. The difficulty will go up a decent amount in the next few months as the large miners ship, but I don't think it will be nearly as bad as people assume.