Post
Topic
Board Hardware
Re: AntMiner S2 1TH/s Miner (1w/GH/s)
by
samsonn25
on 14/04/2014, 18:13:34 UTC
S1's made it from Alaska to Kentucky for Today's delivery, S2 says Tuesday, but I doubt that..

And yes my Brain is just fine, GPU mining SUCKED!! burning 3KW to earn $15.00 a day, verses ASIC burning 3KW to earn $75.00 a day. Maybe my brain is wired wrong but I thought more money was the idea?

Flight UPS77 http://flightaware.com/live/flight/UPS77 Come on Tuesday!

Yes, it sucked.  But if you were in it for the long-term you held onto those coins and that $15 turned into a lot more.

Yes they did! Because we all spent a boat load of monies on ASIC, which assisted in increasing the price of BTC. Had we stayed with GPU/FPGA, BTC may only be worth $50 right now. DO I think HUGE data center mines suck, well sure in the short term, but if/when they do fall on their faces because that is how Satoshi designed the coin, there should be plenty of cheap hardware and at least a plateauing of difficulty, so hopefully long term these ASIC data centers become blessings.

Huge data centers have higher costs because they have to pay for rent and maintenance.  The electricity discount rates wash out because they have to run more power for the cooling.

The only advantage is if you sleep with a asic manufacturer and get chips or machines at close to wholesale cost before anyone else.