Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: lucky-miner on August 16, 2015, 03:17:35 PM



Title: want to start mining
Post by: lucky-miner on August 16, 2015, 03:17:35 PM
hello there,



i want to start mining, and therefore i am planning to buy s5 antiminer with corsair cx600 watt power supply. How much can i earn running this miner for 1 month??

in my region  Power Cost ($/kWh) is 0.05$....... :)



Title: Re: want to start mining
Post by: nonbody on August 16, 2015, 03:22:07 PM
research a a bitcoin calculator.... so that you can figure it out for your self... i think https://alloscomp.com/bitcoin/calculator is a pretty good one


Title: Re: want to start mining
Post by: zagamon on August 16, 2015, 03:26:51 PM
hello there,



i want to start mining, and therefore i am planning to buy s5+ antiminer with corsair cx600 watt power supply. How much can i earn running this miner for 1 month??

in my region  Power Cost ($/kWh) is 0.05$....... :)



It is going to be very challenging to run the S5+ with a 600W PSU, considering it requires total of 3436W.


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 03:29:36 PM
sorry guys i made a mistake...   i want to buy antiminer s5 not s5+
https://bitmaintech.com/productDetail.htm?pid=00020150725135246063Xsvs9J9J06AE (https://bitmaintech.com/productDetail.htm?pid=00020150725135246063Xsvs9J9J06AE)


Title: Re: want to start mining
Post by: zagamon on August 16, 2015, 03:33:05 PM
sorry guys i made a mistake...   i want to buy antiminer s5 not s5+
https://bitmaintech.com/productDetail.htm?pid=00020150725135246063Xsvs9J9J06AE (https://bitmaintech.com/productDetail.htm?pid=00020150725135246063Xsvs9J9J06AE)

In that case, you need a 750W PSU minimum.


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 03:38:38 PM
research a a bitcoin calculator.... so that you can figure it out for your self... i think https://alloscomp.com/bitcoin/calculator is a pretty good one

i have already made some calculations but i need personal advice from people who use this kind of system, and make some profit :)


Title: Re: want to start mining
Post by: ashfaq on August 16, 2015, 03:43:39 PM
you cant profit from just 1 miner ..if you are really into mining then you should build a farm and try to invest as much as possible ..or else you cannot get big amounts of BTC.


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 03:47:47 PM
you cant profit from just 1 miner ..if you are really into mining then you should build a farm and try to invest as much as possible ..or else you cannot get big amounts of BTC.


i am a newbie in bitcoin mining that's why i want to start with only one miner.... can i get any kind of profit from it??


Title: Re: want to start mining
Post by: nonbody on August 16, 2015, 04:30:23 PM
you cant profit from just 1 miner ..if you are really into mining then you should build a farm and try to invest as much as possible ..or else you cannot get big amounts of BTC.


i am a newbie in bitcoin mining that's why i want to start with only one miner.... can i get any kind of profit from it??
an s5 will make around 2 dollars a day, before you pay for your electricty :)


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 04:43:19 PM

[/quote]
an s5 will make around 2 dollars a day, before you pay for your electricty :)
[/quote]


but this calculator shows me that daily i can earn 3$. with
Hash Rate (GH/s): 1155
Power (Watts): 750
Power Cost ($/kWh): 0.05


url: http://www.coinwarz.com/calculators/bitcoin-mining-calculator/ (http://www.coinwarz.com/calculators/bitcoin-mining-calculator/)


Title: Re: want to start mining
Post by: nonbody on August 16, 2015, 04:52:44 PM

an s5 will make around 2 dollars a day, before you pay for your electricty :)
[/quote]


but this calculator shows me that daily i can earn 3$. with
Hash Rate (GH/s): 1155
Power (Watts): 750
Power Cost ($/kWh): 0.05


url: http://www.coinwarz.com/calculators/bitcoin-mining-calculator/ (http://www.coinwarz.com/calculators/bitcoin-mining-calculator/)
[/quote]
coinwars has never been very reliable :)


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 05:04:13 PM

[/quote]
coinwars has never been very reliable :)
[/quote]


and what about https://alloscomp.com ??


Title: Re: want to start mining
Post by: nonbody on August 16, 2015, 05:13:20 PM

coinwars has never been very reliable :)
[/quote]


and what about https://alloscomp.com ??
[/quote]
in my opinion they have been and are still relatively accurate


Title: Re: want to start mining
Post by: zagamon on August 16, 2015, 05:21:54 PM
but this calculator shows me that daily i can earn 3$. with
Hash Rate (GH/s): 1155
Power (Watts): 750
Power Cost ($/kWh): 0.05

url: http://www.coinwarz.com/calculators/bitcoin-mining-calculator/ (http://www.coinwarz.com/calculators/bitcoin-mining-calculator/)

The S5 does not use 750W as such, it is good to have a PSU which can provide more than what the S5 needs, but you should count on around 590 - 600 watts if you run it on default (350).

This Difficulty
Coins   Dollars
per Day   0.01102199 BTC   $2.87
per Week   0.07715392 BTC   $20.08
per Month   0.33548176 BTC   $87.29
this diff (est)   0.06088698 BTC   $15.84

Minus electricity.


Title: Re: want to start mining
Post by: chrisvl on August 16, 2015, 05:30:31 PM
if you want to start mining as hobby you can do it and earn a small amount a month
in my opinion better to buy directly bitcoin than to buy machine for mining


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 06:03:34 PM


[/quote]

The S5 does not use 750W as such, it is good to have a PSU which can provide more than what the S5 needs, but you should count on around 590 - 600 watts if you run it on default (350).

[/quote]

can you show me the right PSU for antiminer s5... 


Title: Re: want to start mining
Post by: unholycactus on August 16, 2015, 06:13:22 PM


Quote

The S5 does not use 750W as such, it is good to have a PSU which can provide more than what the S5 needs, but you should count on around 590 - 600 watts if you run it on default (350).


can you show me the right PSU for antiminer s5...  

650W should be fine. Although I would prefer 750W just to be safe. Most people I know run 2 S5s on 1300W.


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 06:19:49 PM

Quote


650W should be fine. Although I would prefer 750W just to be safe. Most people I know run 2 S5s on 1300W.


how do you think is it a good psu or not?? http://www.amazon.com/Corsair-Modular-Bronze-ATX12V-EPS12V/dp/B00ALYOPSS/ref=sr_1_2?ie=UTF8&qid=1439749105&sr=8-2&keywords=psu+corsair (http://www.amazon.com/Corsair-Modular-Bronze-ATX12V-EPS12V/dp/B00ALYOPSS/ref=sr_1_2?ie=UTF8&qid=1439749105&sr=8-2&keywords=psu+corsair)

corsair cx600w


Title: Re: want to start mining
Post by: lucky-miner on August 16, 2015, 08:24:19 PM
guys how much time does it take you to run the system?? how ofter i should take care of my rig??

i am asking this question because, most of the time i am at the office and i have free time only on weekends. How much time do you spend with your bitcoin miner??  ??? ??? ??? ???


Title: Re: want to start mining
Post by: unholycactus on August 16, 2015, 10:24:13 PM
guys how much time does it take you to run the system?? how ofter i should take care of my rig??

i am asking this question because, most of the time i am at the office and i have free time only on weekends. How much time do you spend with your bitcoin miner??  ??? ??? ??? ???

If you have only 1 miner you have plenty of free time to take care of it.

If a small problem arises, it shouldn't take more than an hour to fix it.


Title: Re: want to start mining
Post by: Amph on August 17, 2015, 07:43:22 AM
i think that start to mining with one gear only is a bit pointless, in this industry you should go big if you want soemthign, otherwise you're earning pennies

i mea we are talking about 0.011, this same amount can be rewached with signature campiagn with few post a day without wasting any electricity


Title: Re: want to start mining
Post by: carlosmnk on August 17, 2015, 08:25:46 AM
The Antminer S5 consumes 525w in a 325 Hz configuration and produces 1060 Gh/s, it is a great ratio  ;)


Title: Re: want to start mining
Post by: lucky-miner on August 17, 2015, 01:37:39 PM
most of you guys suggested me to run something big in order to see results and profit as well.
But for now I don't have some enough money, how do you think if i buy two s5 antiminer instead of one will it make profit at the beginning.. :))))))


Title: Re: want to start mining
Post by: notlist3d on August 17, 2015, 03:54:54 PM
most of you guys suggested me to run something big in order to see results and profit as well.
But for now I don't have some enough money, how do you think if i buy two s5 antiminer instead of one will it make profit at the beginning.. :))))))

Who suggested big?   I am seeing small ones mostly.

And yes a S5 at .05 cents is pretty good.   No one can guarantee ROI but it is a nice start.


Title: Re: want to start mining
Post by: ashfaq on August 23, 2015, 09:29:48 AM
I guess buying an antminer S5+ could be a better option and plus as other users have already explained ,you cant even fell it if you buy just 1 miner ??
you make very less Roi's on single miners ..and so if you buy many miners ,those less profits gets multiplied ..so simple.


Title: Re: want to start mining
Post by: notlist3d on August 23, 2015, 05:26:27 PM
I guess buying an antminer S5+ could be a better option and plus as other users have already explained ,you cant even fell it if you buy just 1 miner ??
you make very less Roi's on single miners ..and so if you buy many miners ,those less profits gets multiplied ..so simple.

Problem is it is sold out on Bitmain's site.  No one really knows if they will do another batch or if that was to get rid of last of chips.

This leaves dealing with ebay/forum or the worst resellers.   Some of the prices on resellers are crazy.  But if you can get for a decent price it is a very nice unit.  Just make sure you have the electricity for it.