Bitcoin Forum

I just saw on Bitmain china that they are selling high profitable Antminer K5 miner.

Yes

Antminer K5 They just Launched Chinese version

I see here

https://twitter.com/CryptoMinerbros/status/1234370937904128001 

Cool, but it is a altcoins miner.

Not a Bitcoin miner.

just had find on website
https://shop.bitmain.com.cn/

They released chinese website. now showing Out of stock

I find good suppliers Hashnet and sesterce and minereu and cryptominerbros selling

i suggest better to wait . but i book some also :) . profit is dam high but ultimately when come to market it will be so low.

Profit will be dead when it will reach customers.
All depends how many are releasing in market.
Also think they are not the only one manufacturing same algo miners, which will kill profit even more.

Bitmain has estimated the ROI around 200 days after despatching all miners and consider the mining difficulty increase.Even though K5 is still quite profitable compared with our BTC miners in this BTC halving year.

Can someone explain why

asicminervalue show $237 per day profit K5
whattomine show $208 Per Day For K5

im check today profit around 60usd

if you think that miner will earn that much money for even 24 hours once you receive it, you have much to learn about crypto mining, especially ASIC miners lol

It's out of stock now >:(

that true  in 2017 BTC price hit 10K usd  everyone buy asic miner and dream to passive income.

price hit 20K  dream about open this machine and we will rich soon.


after that crypto market clash  no one need asic can not sell like vga card  asic owner not rich like dream only bitmain is rich.

i too think it will still mine arround 200 days ROI, which is far better then any other "thing" at the market for mining right now,...bought 4, might buy few more...after they deliver at hashnest, little worried bcs of the "dash" miners, they were too late, glad i didnt bought them, here i think the producre is already shipping so i dont think mistake will happen...

As expected, when it arrived at your door, profit is 0 currently at 0.10c a kwh. Rather spend your money and buy some coins at these prices.

https://live.staticflickr.com/65535/49750966323_d39bd76504_b.jpg (https://flic.kr/p/2iNjGZr)Bitmain Antminer K5 Nervos CKB Eaglesong ASIC miner unboxing (https://flic.kr/p/2iNjGZr) by Drew Vosk (https://www.flickr.com/photos/154629903@N05/)
I’m on mobile at the moment but I have a full write-up on my initial impressions of the Bitmain Antminer K5 here along with my initial 4 hour mining profitability https://voskcointalk.com/t/initial-impressions-of-the-bitmain-antminer-k5-nervos-ckb-eaglesong-asic-miner-mining-22-a-day/172

Here’s an updated snapshot of the mining profitability, offhand I’m guessing this ~14 hours of mining (24 hours mined not the 08 payout).
https://i.ibb.co/Jk6Q9Yd/9-ED9-FF85-4375-402-F-93-A4-75701-E9-DDC5-D.png (https://ibb.co/Jk6Q9Yd)

There was only one coin worth mining on X11, and it was Dash. It is also wayyyyy to early to call this the new d3, I'm not saying this is a good miner or buy etc. but yeah.

D3 and K5 are not comparable, with D3 you had 100+ coins/chances to mine and hoping that one of them could gain price and make roi (luckilly my case)

K5 is only for CKB, but that could change, maybe more coins will occur on nervos algo

What coin did you mine, that gained price, that allowed you to breakeven or even better on your antminer d3?


Dash was the ONLY coin worth mining on X11, then,now, ever whatever, imo

Speaking of the Bitmain Antminer K5, my miner mined 2600 CKB coins in 24 hours if anyone wants to read about it / hashrate logs etc - https://voskcointalk.com/t/analyzing-mining-profitability-of-our-bitmain-antminer-k5-nervos-ckb-asic-miner/210

I never recommended buying this just to be clear to anyone reading this. Someone asked me for my thoughts on buying it and what I foresee this miners profitability medium to long-term to be like

This is what I said

"I cannot give financial advice, and I really struggle to recommend any specific miners in the tough world economy state as well as somewhat prolonged cryptocurrency bear market. However I don’t think that the bitmain antminer K5 is a “bad buy” but I am still confident in my estimate that with a residential electric rate and no crazy CKB price movements you’re likely to breakeven on this miner purchase in a year.

Breaking even on crypto mining hardware is really appealing to some people, and not appealing at all to some others. It’s really up to you and what level of financial risk you want to incur."

taken from - https://voskcointalk.com/t/should-i-buy-the-bitmain-antminer-k5-nervos-ckb-asic-miner/164/9

You say I'm an influencer like I got some early review model, this miner was ordered along w/ any other batch 1 antminer K5's

All I'm doing is providing real-world real-time mining profitability on the bitmain antminer k5 ???
https://live.staticflickr.com/65535/49756904363_53d58b9bb0_k.jpg (https://flic.kr/p/2iNR9ar)Bitmain Antminer K5 Nervos CKB ASIC Miner with production date (https://flic.kr/p/2iNR9ar) by Drew Vosk (https://www.flickr.com/photos/154629903@N05/), on Flickr

at that time I put quite a lot of time in x11 research, if I stayed mining dash, roi would newer happen and to be honest it would be boring mining only dash with such variety of coins back then

I tried mining at least on 50 x11 coins, most of them are unknown, some of them forked to pos and mn (polis, monkey, centurion before fork and after fork to equihash it was gold mine)
i was up to mine newest coins (pow and mn) and sell them, becacuse price was higher and folks bought them for creating masternodes - mostly of them were more profitable than dash, but that lasts only for a couple of days, than I moved to another coin

I spend a lot of weeks mining imagecoin (and imagecash) and in some time frame was only one mining it, I mined 40000 IMG, created masternodes, and at ATH sold one masternode (10000 IMG) than bought it back when price fell - that returned my d3 investment 2x :)

Indeed, there were other option than Dash.

Which ones did you mine and how much money or Bitcoin (satoshis) did you make on them (roughly) then?

That’s interesting, glad it worked out for you and thanks for sharing the information

sure thing, keep up the good work

Buying any miner at this stage is betting on future that prices will go up.
Asic miners are much more riskier then GPU rigs cause there is no other use case, if we are looking from a point of investing in new mining hardware.

At these crypto prices makes more sense to buy the coin, because you will also be betting on future price to go up. Buying a coin wont make you headache, where to run hardware,hardware failure etc..  Asic miners for small cap coins is in very high risk category, only money will be made by hardware manufactures. You have about 90% chance to lose money in compare to 10% chance of making money.