Any view on antminers?

[Machine]

Hey guys

I need to decide on getting an initial rig together to start a mining operation. Yeah I know way late to the party, but I have the benefit of running the setup in an office building so electricity is not an issue

So anyhow, the idea is to drop a few cents on a first rig, and once I get the proper hang of it then will add the rigs a few R100k at a time.

So I've been scoping out the antminers right, off face value it looks like these things will be best from a total return perspective - but strangely I have seen none on the forum, so I wonder whether this is due to potential resale issues (its not like you can rip it apart and smous on carb I guess) or if the usual 6x GPU system is just better from an ROI perspective?
Anyone running antminers here?

Also, if some sellers here can provide me with some quotes on fully assembled machines I'd be grateful. Looking at a 6x RX 580 8gb system as a start, but I guess 570's can also do.
I know stock is an issue but let me know what you can do as an ETA etc.

Cheers

 

[robotz4]

the benefit of gpu's is that you can sell them at a later stage. The asic miners are impossible to sell once they start making less money

 

[Sola Scriptura]

I think some issues with antminers are: they are very loud and use a lot of electricity, making them not too friendly for your average home miner, hence why you dont see much talk about them on here or people selling them. If you can run asics where its away from your home and you don't pay electricity it should make you good money as the electricity cost really cuts into the ROI.

Also look at the canaan avalon miners.

https://canaan.io/

 

[Machine]

I think some issues with antminers are: they are very loud and use a lot of electricity, making them not too friendly for your average home miner, hence why you dont see much talk about them on here or people selling them. If you can run asics where its away from your home and you don't pay electricity it should make you good money as the electricity cost really cuts into the ROI.

Also look at the canaan avalon miners.

https://canaan.io/

Yeah ok, I figured as much. But also looking the current calculations it looks like these antminers take twice as long as 1070's and 580's for example to reach ROI. I've checked it with and without electricity costs on nicehash - so perhaps I'm missing something but I don't get the appeal of it?
Or maybe its an option given the low current gpu stock. Hmm

Anyway, I guess a 6xRX 580 system would be a good bet to get started - maybe I'll try a few of these antminers at a later stage.

 

[Alien]

Heard of some guys making ROI some months ago on these. very curious to see current difficulty and profitability

 

[Toady001]

Heard of some guys making ROI some months ago on these. very curious to see current difficulty and profitability

https://bitcoinwisdom.com/bitcoin/difficulty

Can definitely make roi on the machines. Only thing is difficulty tends to increase by about ~7% every 14 days give or take. Sometimes it goes down but it's mostly increasing. That means you are losing much the same percentage in profitability every 14 days. Take the current difficulty into consideration and the est. next difficulty. With an Antminer S9 will net you $346/month currently. In 5 days its going to drop to $320 which is a 7% decrease ( difficulty change is 8% ).

So you can use the average increase over X period to figure out returns after X period.

Personally I would like to do the btc mining thing. Only reason I haven't is they only shipping in September and I'm not gambling on income estimations that far in advance.

 

[Jazz]

Hey guys

I need to decide on getting an initial rig together to start a mining operation. Yeah I know way late to the party, but I have the benefit of running the setup in an office building so electricity is not an issue

So anyhow, the idea is to drop a few cents on a first rig, and once I get the proper hang of it then will add the rigs a few R100k at a time.

So I've been scoping out the antminers right, off face value it looks like these things will be best from a total return perspective - but strangely I have seen none on the forum, so I wonder whether this is due to potential resale issues (its not like you can rip it apart and smous on carb I guess) or if the usual 6x GPU system is just better from an ROI perspective?
Anyone running antminers here?

Also, if some sellers here can provide me with some quotes on fully assembled machines I'd be grateful. Looking at a 6x RX 580 8gb system as a start, but I guess 570's can also do.
I know stock is an issue but let me know what you can do as an ETA etc.

Cheers

I may kick a dead camel here but did you ever get going with some mining ? my friend and i are sitting with 8 or so D3 Antminers and cant seem to find the best place to put them, was considering making a forum friend that wants a partnership

 

[ian_stagib]

I had an L3+ and two D3 miners. The L3+ was a champion and made its ROI plus some before I sold it and the D3 was the biggest fail in investment. When bit main brings a miner for a coin that's only been gpu mined then the massive increase in processing power absolutely destroys the mining returns due to the increase in difficulty. You can literally go look at the profitability charts on nicehash and see the before and after a miner gets launched. So stay clear of the new miners unless you get the first batch (which they charge insane amounts for) and manage to ROI quickly. The D3 makes less than its electricity cost so it's worthless now and if you aren't paying electricity it is still very slow going

 

[Jazz]

I had an L3+ and two D3 miners. The L3+ was a champion and made its ROI plus some before I sold it and the D3 was the biggest fail in investment. When bit main brings a miner for a coin that's only been gpu mined then the massive increase in processing power absolutely destroys the mining returns due to the increase in difficulty. You can literally go look at the profitability charts on nicehash and see the before and after a miner gets launched. So stay clear of the new miners unless you get the first batch (which they charge insane amounts for) and manage to ROI quickly. The D3 makes less than its electricity cost so it's worthless now and if you aren't paying electricity it is still very slow going

To be honest i have no idea which version they are, i guess i can open one of the boxes later and check , I have no personal investment in them at all other than being the storage place for them now that he is done mining ( been some time now )..

hearing this though i may just flog them to people that may still see a value in it ? not sure i will discuss with him and see what his feelings are