Hi /biz/. I am wondering what your opinion is if I buy four Antminer

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STOP GIVING THIS GOOK MONEY

>>3329222
But if the gook makes good products, why is it a bad idea?

>>3329165
Obelisk SC1 ROI in 2mo and people are still buying shitmain miners.

>>3329243
I am open to suggestions, I will definitely look into it.

>>3329243
https://obelisk.tech/
kek, they haven't even sold the minimum required yet

>>3329165
OP make sure you're factoring difficulty increases in your calculations.

I had 6 S7s. They were a nightmare of heat and noise. 220 volts needed. I was lucky I didn't burn down the whole neighborhood. You can't live with them in your house, and if you put them outside in a shed and there is any humidity they will rust quickly. And I still wonder why the cops never investigated why my shed was pulling 4 times the average household current for my neighborhood. I know the idea of having a machine that creates money is attractive but just buy coins instead. I spent about 8 bitcoins on them in 2015 and if I'd just hodled the bitcoin I'd be way ahead. So yes, buy S9s.

>>3329335
Wouldn't I technically be able to use them as my heat, leaving my AC off?

>>3329376
I saw a video a long time ago about a guy who set some up in a specially constructed room in his basement for that very purpose. One concern though is air quality. I wouldn't want to breathe air that had passed through hot Chinese electronics. The noise is another problem they scream at an annoying pitch.

>>3329243
>Sia miner.

Yeah... no...

>>3329477
Yeah that's true. I've been looking into cooling systems I could theoretically make. The heat isn't a huge problem as I can easily create an exhaust system. The noise is more of a problem for me.

Sound of the S9. https://youtu.be/unu0NnMWOps

I set up a neat exhaust system kind of like a smoke hood in a lab where the hot air was sucked out of my shed. Even with that I had to run two airconditioners 24 hours a day to keep the room at 90 degrees F.

>>3329515
That is pretty loud. I guess I'd have to make a custom muffling system as well. Do you recommend the S9s though? I saw you bagging on the S7s and couldn't tell if you were being sarcastic when you said to get the S9s.

>>3329528
Those things are some heavy duty shit for a homeowner.

>>3329550
Yeah, I know. The noise is really for my own comfort of not having to hear it rather than a neighbor getting upset. Same with the heat. You brought up a good point on not breathing in Chinese products air and I've come to the conclusion I shouldn't be warming my house with it.

>>3329546
Yeah sorry I was being an asshead. I recommend saving yourself a lot of work and expense and just buying coins. Back when Ethereum was $10 I remember saying I'm not going to Pay for something I can make myself! So I spent more bitcoins on buying parts and assembled ETH mining rigs. At that same time I invested $30,000 in vending machines to give my wife a business to run, and if I'd used that same money to buy 3000 ETH they'd be worth $1,041,000. Fuck!!!! Just buy coins.

>>3329602
Interesting. Part of why I'm hesitant on buying coins is because I perhaps falsely compare it to the stock market - something risky in choosing what to buy and what to sell. With mining, I could theoretically just deal with an inconvenience of noise and heat and just continue to make a small cash flow where I can be content and only have to work part time. Just seems a bit much for me who doesn't really deal with numbers all too well.

>>3329655
And on the plus side it does give a great feeling of accomplishment to own machines that turn electricity into money. People I showed my mining rigs to were impressed. You do have to keep humidity low or rust will grow quickly on the antminers.

>>3329694
Thanks very much for this information in this thread man, appreciate it. Have a great day.

>>3329165

You would be much better off just buying bitcoin instead.

Or at the very least build a GPU mining rig if you're able to find the GPU's.