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Smart BitCoin Miner, is it worth it?

Submitted by unstable, , Thread ID: 13280

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unstable
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25-11-2015, 09:14 PM
This post was last modified: 25-11-2015, 09:15 PM by unstable
#1
I've been thinking about starting a bitcoin mining business..

I saw this Smart Miner, does around 20TH/s, almost 5000$ but according to somemath, it might pay for itself in less than 6 months.
[Image: MinersLab_Smart-Miner-8_THs.jpg]
At 20TH/s i can get this:

This difficulty:72722780642.5
Dollarsper 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 btcfaucet websitelater.

RE: Smart BitCoin Miner, is it worth it?

Carpesir
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27-11-2015, 12:18 PM
#2
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

RE: Smart BitCoin Miner, is it worth it?

unstable
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10-12-2015, 04:33 AM
#3
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?

RE: Smart BitCoin Miner, is it worth it?

Aimi
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10-12-2015, 04:33 AM
#4
Bad investment now, it costs so much for electricity. Unless you steal it from your neighbor.
[Image: 4I6q08L.gif]

RE: Smart BitCoin Miner, is it worth it?

Pulseeey
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10-12-2015, 04:42 AM
#5
2100 PSU.
Estimated to use around 2000W when running full blast.

No thanks, I prefer to keep my electricity.

RE: Smart BitCoin Miner, is it worth it?

unstable
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10-12-2015, 06:56 AM
#6
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.

RE: Smart BitCoin Miner, is it worth it?

Desmond
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14-12-2015, 10:26 AM
#7
Don't buy it is not worth

RE: Smart BitCoin Miner, is it worth it?

Paradigm
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14-12-2015, 11:57 AM
#8
You will spend more money in electricity than you will earn.
[Video: http://test]

RE: Smart BitCoin Miner, is it worth it?

unstable
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29-12-2015, 03:28 AM
#9
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.

RE: Smart BitCoin Miner, is it worth it?

davidppelton
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31-12-2015, 09:17 AM
#10
BTC mining is not preferable, only go with it, if you can afford to lose.......

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