Every single miner is operating at a loss. Even with 'free electricity', no miner in existence will EVER break even.

There is no such thing as 'free electricity', just as there is no such thing as 'free money' - it's just stolen from someone else.
But even if you suppose that electricity can be 'free', every Bitcoin miner currently available would never pay itself off.
There are only two 'pre-order' models which have a hope of breaking even, but as we all know in the world of fraud that is Bitcoin, 'pre-order' might just as well be called 'money-vacuum'.
Even these two pre-order models have ridiculously long break even times (with free electricity!):
Kncminer Neptune (Third Batch) - 151 days
Kncminer Mini Neptune (Third Batch) - 265 days
All the others will never break even, because if you look at the calculations, by mid 2015 they'll be making only a few cents a week when they have to earn thousands of dollars extra to break even. Not gonna happen.
The only two possible exceptions I can identify are the KNC miner Neptune (Second Batch) and the Spondoolies SP30 Yukon (pre-order, slated for September), which have a very small chance of just being able to break even by the end of it's total life - but definitely no profit.
submitted by lol_another_shill to Bitcoin [link] [comments]

~APEX~ vs Blunt Purez  Big 20v20 P2P Mini  [2-0] SETS Knc Bitcoin Miner Neptune Unboxing, Review and Help Bitcoin miner makes cooling fan noise My Butterfly Labs Jalapeno 5GH/s bitcoin miner Butterfly Labs Jalapeno 5GH/s ASIC Bitcoin Miner (First Look)

Bitcoin is an internet protocol that enables the transfer of value over a communications channel like the Internet or radio. An easily understood application is decentralized digital currency; like being able to send a gold coin as easy as you send an email. But blockchain technology enables many things like a fridge that can pay for and restock itself or self-driving taxis. What is Bitcoin ... One of the top Bitcoin miner machines available is the KNCMiner Neptune. KNCMiner has a few different options, but the Neptune really hits hard, while also being extremely efficient. This ASIC bitcoin mining hardware includes: Hash rate of 3000 GH/s or 3TH/s; Price: $5995 (Update May, 2014) The Bitcoin itself is a very volatile virtual currency and while it has recently made huge gains, it may also plummet in value. Bear this in mind if you plan to hold onto any BTC you mine rather ... Bitcoin Mining Hardware Guide The best Bitcoin mining hardware has evolved dramatically since 2009. At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 ... Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware.

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~APEX~ vs Blunt Purez Big 20v20 P2P Mini [2-0] SETS

Mining Bitcoins in the backyard with Solar panels ... Open Unbox ASIC KNCMINER NEPTUNE Bitcoin miner - Duration: 1:12. Zio ... Mini Bitcoin Mining Rig with 11 USB Block Erupter from ASICminer ... Subscribe Even though we’ve been living on this planet for thousands of years, we’re still a long way from discovering everything abou... This is an unboxing and first impression of my recently delivered Butterfly Labs Jalapeno 5GH/s ASIC Bitcoin Miner. I may do a video on how to set this up and possibly use it for merged mining. If ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Hard drive mining... could this be the solution to the GPU crisis?... For your unrestricted 30 days free trial, go to and...