Post
Topic
Board Mining speculation
Re: What about ANTMINER S1?
by
spazzdla
on 22/12/2014, 21:17:55 UTC
Hi guys! I want to start mining bitcoinBTC and I found on ebay used Antminers S1 with 180-200 Gh/s for $80-100. I think it's a good price for that hash rate. What do you think about it  Huh ?

What are you trying to do?
Do you pay for electricy?
$80 is a little high for an S1 but not too bad, I see tons of them for $50 on kijiji in my area.  I would HIGHLY suggest looking on kijijij, screw Ebay.

Situation A:

You are trying to make money and you are paying for electricty. 

Answer A:  BAD BAD idea you will lose money daily in power costs.

Situation B:

You are trying to make money and you do not pay for electricty.
 
Answer B: Not a bad idea you won't make much a day but without eletricty costs you will pay off your miner and make money.


Situation C:

You want to learn and get into mining

Answer C:  Buying an S1 might be the best idea there is, very cheap per Ghash and hashes pretty quickly.  You will lose money though.. Well unless the BTC price explodes.

coinwarz.com  check it out.