Post
Topic
Board Hardware
Re: ANTMINER S3 Discussion and Support Thread.
by
wpgdeez
on 05/09/2014, 14:01:44 UTC
If anyone is curious just how bad of a deal bitmains hashnest is, here are the number assuming their current maintenance fee, cost, 15% diff increase, and very optimistic btc value of 700.  Bottom line: you are nearly guaranteed to lose ~1/2 your investment.  Shame on you bitmain.

FYI: would need to average < 7% diff increase to turn a small profit.


Even the S1 upgrade kits at .46 btc lose money which sucks. I was going to buy 30 of them but looks like I'd be best to hold onto my BTC instead.