Would you guys recommend Antminer T17 at this point in time? I want to get into ASIC (bitcoin) mining and I know a local reseller that is offering them for $1200 used. I have read they can be problematic but that price point is appealing. FYI I pay 6 cents per kWh.

Thanks!

I just purchased the required amount via Cashapp. I've used this app for BTC before without issues so I'm sure it will clear.

Hey Phil,

I just sent my payment of .01000005 BTC to the address you listed and my payout address is: 3EFDi6xS2BciBASKB4agv334PXked34a9W

Thank you!

I'm feeling lucky and think we'll hit a block! I do have a couple questions as this is my first time.

1. How much hashing do you plan on renting during our run?
2. How long will you rent for?
3. After factoring in the above two questions, what do you think our odds of finding a block are given the massive difficulty decrease headed our way?

Thank you!

Phil, I would like to join as well.

Hey guys!

With the difficulty drop coming up this week, I want to play the odds with you guys. I recently turned on some old ASICs (s9) to test my luck. But if you plan on doing another hashrate rental once the difficulty drops, I would love to join!

Thank you. Now I was just looking at my S5 miner status and it turns out that it has about twice as many discarded shares (40,000) as it does accepted shares (about 20,000) after it has been running for 15 1/2 hours.  My S1 after it has been running for 1 day and 7 hours shows 39,500 accepted and about 7,000 discarded. This doesn't seem right that the s5 has such a high discard rate and is churning out shares at almost the same rate as the s1. What is the deal or is this not of concern?

Also, is it normal for a pool to only find 1-3 blocks a day? I think I may need to find a better pool than I'm in currently. What are everyone's thoughts on ELIGIUS's pool?

Thanks for the help guys!

Now that I have both an S1 and S5 mining at the same time, is it recommended that I use a separate worker for each miner or can they both use the same one?

No I get what you're saying it just came off a little rude I guess. Forget I said anything.

Anyways for those of you wondering, keep in mind I DO NOT pay for electricity, I have an antminer s1 running and just ordered an antminer s5 while it was 15% off. As one of the guys said above, I could easily see this hobby become an addiction of mine.

Also, does anyone know where I might be  able to get my hands on the antimer s1 upgrade kit? Thanks

I'm not doing this to get rich. It's more of just a hobby really. No need to try and belittle people on an internet forum.

Any concerns about my bitcoin wallet when switching out my hard drive for an SSD?

Found a deal on Amazon.

I recently bought a SSD for my laptop and was wondering berfore I install if there are any complications while swapping hard drives and re installing windows in regards to my bitcoin wallet?

What are your thoughts on buying two of these?
https://www.bitmaintech.com/productDetail.htm?pid=00020141029135048724z39CYwEQ0684

Thank you guys for your advice. It is much appreciated. I ended up not going with either of the ones I listed in the OP, but instead paid less than $15 for a 200 Gh/s miner.

Thanks again!

I'm thinking about buying some mining hardware and have a few questions. I looked online and stumbled upon the following products

https://bitmaintech.com/productDetail.htm?pid=00020141016120002527iTkNypAG06C9

https://www.bitmaintech.com/productDetail.htm?pid=00020141015100808946Nj1LM03y0650

What is your opinion on the two pieces of hardware?

What would I need to do to them mining bitcoins?

Thank you.