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Krishdude

IS this true

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Posted · Original PosterOP
4 minutes ago, jaslion said:

Yeah it's just an antminer. Even these small ones are barely profitable if at all.

I cannot believe that it is so cheap

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1 minute ago, Krishdude said:

I cannot believe that it is so cheap

Why not? It's a dedicated miner. It can only do a certain set of coins which are not profitable anymore for these tiny ones so it's basically just being thrown out for people to buy that think it's still profitable whilst it is not.

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> Moved to Folding@Home, BOINC, and Mining forum

 

17GH/s for DASH? Says 970W power consumption... Unless your electricity cost is free that would run at a loss. That doesn't include the upfront cost of buying it at around $125 USD.

image.png.089352485ce130c7b13746931f9470ed.png

 

According to those prices (if the calculator prices are correct, which it may not be) if you had free electricity, paid no pool fees, and had no transaction fees selling your crypto you would make $3.92 per month and it would take 32 months to make back the $128 USD purchase price of the miner.

 

My guess is whoever was using these to mine when the price was higher a few years ago has realised that they're now just running at a loss and is trying to sell them to just get some money back.


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