Smart BitCoin Miner, is it worth it?

by unstable - 25-11-2015, 08:14 PM
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#1
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Posted: 25-11-2015, 08:14 PM (This post was last modified: 25-11-2015, 08:15 PM by unstable.)
I've been thinking about starting a bitcoin mining business..

I saw this Smart Miner, does around 20TH/s, almost 5000$ but according to some math, it might pay for itself in less than 6 months.
[img]350x200[/img]https://www.minerslab.com/wp-content/uploads/MinersLab_Smart-Miner-8_THs.jpg[/img]
At 20TH/s i can get this:

This difficulty:72722780642.5
Dollars per Day - 0.13830783 BTC - $43.97
per Week - 0.96815484 BTC -$307.78
per Month - 4.20974472 BTC - $1338.28  Money
this diff (est) - 1.60177761 BTC - $509.21

Of course these values are changing all the time, but never seen them bellow $1000/month..and of course, there's the electric bill, all things to consider, but i wouldn't mind hearing some experts about this
Anyone here with some experience with this? I want to mine for myself, will think of a btc faucet website later.
3,4-Methylendioxy-N-methylamphetamin
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#2
Posted: 27-11-2015, 11:18 AM
I do not mine BTC myself!

But before you consider buying it try to get as much infos as possible to how much you need to PAY!

>Electric bills
>time
>prolly smth else, too

If you make still a decent amount of + and catch up the 5.000$ not too late it'll be worth it, I guess
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Posted: 10-12-2015, 03:33 AM
thats what I was thinking, the electric bill must be massive for a machine like this.
I'm still thinking about it..dont know if it's a bad investment or not.


Has anyone invested in Bitcoin mining?
Monkey D. Luffy - Pirate King
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#4
Posted: 10-12-2015, 03:33 AM
Bad investment now, it costs so much for electricity. Unless you steal it from your neighbor.
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#5
Posted: 10-12-2015, 03:42 AM
2100 PSU.
Estimated to use around 2000W when running full blast.

No thanks, I prefer to keep my electricity.
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Posted: 10-12-2015, 05:56 AM
even stealing from neighbor, i'm sure he would notice that.
--- i found the same machine at a lower price, 3000$ USD, instead of 5k.
I don't know...this is one of those investments that at first sight, looks like gold, but the bills don't look like their any good for my pocket.
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#7
Posted: 14-12-2015, 09:26 AM
Don't buy it is not worth
Mergh.
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#8
Posted: 14-12-2015, 10:57 AM
You will spend more money in electricity than you will earn.
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#9
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Posted: 29-12-2015, 02:28 AM
Well..appreciate the opinion. It turns out I would need at least 5 machines to make it worth my while..

Bad investment at this time. Thank you all for the input.
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#10
Posted: 31-12-2015, 08:17 AM
BTC mining is not preferable, only go with it, if you can afford to lose.......
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