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Title: Antminer S5, a good idea ? Post by: Erkallys on March 21, 2015, 10:46:12 PM I can have an Antminer S5 offered to me. So I ask you if it is profitable or a good idea. So it is ?
Title: Re: Antminer S5, a good idea ? Post by: notlist3d on March 21, 2015, 11:03:05 PM We need to know more such as your electricity rate, and price you were offered.
Without those we really cannot say much. Title: Re: Antminer S5, a good idea ? Post by: Tupsu on March 21, 2015, 11:05:44 PM Better to buy 1155GH/s from Hashnest
www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. Title: Re: Antminer S5, a good idea ? Post by: Snipe85 on March 21, 2015, 11:33:30 PM Think twice before you invest in cloud mining. It might look good, but in fact you are gambling. You are lending money to someone and taking their word that they will be paying you back for another year or so.
S5 is a good miner but I agree with notlist3d that it depends on the price of the unit and the electricity. And remember that the faster you start mining the better, so don't waste time if you want to buy it. Title: Re: Antminer S5, a good idea ? Post by: Biodom on March 21, 2015, 11:36:42 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Title: Re: Antminer S5, a good idea ? Post by: philipma1957 on March 21, 2015, 11:43:18 PM I can have an Antminer S5 offered to me. So I ask you if it is profitable or a good idea. So it is ? If it is free and your power is 10 cents a kwatt get it. if it is 300 usd shipped to your home and power is 10 cents a kwatt get it. Mine for a little bit and sell it. If you have good power prices like 6 or 7 cents and it is 350 shipped to your home get it. All of the above examples I believe you make some profit. If your power is 15 cents a kwatt don't get it. unless it is free. Title: Re: Antminer S5, a good idea ? Post by: BTC-Bank on March 21, 2015, 11:48:23 PM I recently bought one and i can say that i am very pleased with it, the power in my country is expensive but i am planning ro pay it from my income and keeping the Bitcoins.If you have a good deal my opinion is to take it.
Kind Regards, BTC-Bank. Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 22, 2015, 09:28:15 AM We need to know more such as your electricity rate, and price you were offered. Without those we really cannot say much. I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill. Title: Re: Antminer S5, a good idea ? Post by: Amph on March 22, 2015, 01:22:15 PM We need to know more such as your electricity rate, and price you were offered. Without those we really cannot say much. I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill. if you can have it free, you are in a good position already, with cheap electricity ROI is possible in this case, just hope bitcoin don't crash Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 22, 2015, 04:55:33 PM We need to know more such as your electricity rate, and price you were offered. Without those we really cannot say much. I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill. if you can have it free, you are in a good position already, with cheap electricity ROI is possible in this case, just hope bitcoin don't crash If Bitcoin crashes the price will always go back after some time. Title: Re: Antminer S5, a good idea ? Post by: notlist3d on March 22, 2015, 05:47:18 PM We need to know more such as your electricity rate, and price you were offered. Without those we really cannot say much. I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill. if you can have it free, you are in a good position already, with cheap electricity ROI is possible in this case, just hope bitcoin don't crash My advice is to pay electricity out of it at some points. Then even if a crash you have electricity paid. If I dont make profit I will shut down. I know I go through spreadsheets a few times a week to see my position if it's better or worse. It is not needed this much, I just enjoy it. Title: Re: Antminer S5, a good idea ? Post by: dogie on March 22, 2015, 07:04:49 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. Title: Re: Antminer S5, a good idea ? Post by: notlist3d on March 22, 2015, 08:18:33 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. I respect them more for not paying. They did not choose the easy way, and it has caused some troubles. But if they paid it would happened again and again. I do hope they can fix some things sooner then others. I personally miss running my miners on the antpool. I will be back once they fix it. Title: Re: Antminer S5, a good idea ? Post by: bitsolutions on March 22, 2015, 08:40:51 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 22, 2015, 09:07:21 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. Cloudflare is free ? Title: Re: Antminer S5, a good idea ? Post by: dogie on March 22, 2015, 11:12:30 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. Cloudflare is free ? Yes, the vast majority of features are free (including the local geo-caching and DDOS protection). There are premium services you can use to further increase website loading speeds including various forms of compression, but I've never used or needed them. Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 23, 2015, 06:42:41 AM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website. Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE. Cloudflare is free ? Yes, the vast majority of features are free (including the local geo-caching and DDOS protection). There are premium services you can use to further increase website loading speeds including various forms of compression, but I've never used or needed them. That's nice ! Title: Re: Antminer S5, a good idea ? Post by: Minerjoe on March 26, 2015, 09:34:36 PM S5 s currently the best miner in the market. However, S6 should be out soon.
Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 26, 2015, 09:38:19 PM S5 s currently the best miner in the market. However, S6 should be out soon. Interesting ! I'll have the S5 from a friend and maybe I'll buy the S6 after some time like this the price will go down. Title: Re: Antminer S5, a good idea ? Post by: ajw7989 on March 27, 2015, 05:51:21 PM It really comes down to what your electric rate is. If it'd cheap it might be a good idea but if it's above the average rate not worth it
Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 27, 2015, 05:55:44 PM It really comes down to what your electric rate is. If it'd cheap it might be a good idea but if it's above the average rate not worth it I'll check my bill and post it here. You'll tell me if it is above cheap or not. Title: Re: Antminer S5, a good idea ? Post by: bigbitmine on March 27, 2015, 05:58:53 PM S5 s currently the best miner in the market. However, S6 should be out soon. What about the SP20? I'm replacing my army of old S1's and don't know which way to go. Title: Re: Antminer S5, a good idea ? Post by: Erkallys on March 27, 2015, 06:09:54 PM S5 s currently the best miner in the market. However, S6 should be out soon. What about the SP20? I'm replacing my army of old S1's and don't know which way to go. The SP20 ? I don't know it. Title: Re: Antminer S5, a good idea ? Post by: notlist3d on March 27, 2015, 06:30:30 PM S5 s currently the best miner in the market. However, S6 should be out soon. What about the SP20? I'm replacing my army of old S1's and don't know which way to go. The SP20 ? I don't know it. Just search it on this site, google, ebay. It is a good quality miner, that has a lot of underclock ability. They are sold out though and you will have to get from someone who currently owns them. Title: Re: Antminer S5, a good idea ? Post by: allegro on March 27, 2015, 07:25:54 PM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for. Bitcoin News Magazine (https://bitcoinnewsmagazine.com/) Title: Re: Antminer S5, a good idea ? Post by: Minerjoe on March 31, 2015, 11:16:43 AM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for. Bitcoin News Magazine (https://bitcoinnewsmagazine.com/) Any ETA on S6? Title: Re: Antminer S5, a good idea ? Post by: vankoovo on April 01, 2015, 03:33:18 AM you should give more information , people here can advise you, consists all cost to set up
Title: Re: Antminer S5, a good idea ? Post by: allegro on April 03, 2015, 02:30:46 AM Better to buy 1155GH/s from Hashnest www.hashnest.com Antminer S5 Power: 0.51w/GHS Maintenance Fee:$0.001175/GHS/Day Then you see yourself, is S5 profitable or not. Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for. Bitcoin News Magazine (https://bitcoinnewsmagazine.com/) Any ETA on S6? You can take a look at the S6 speculation thread at https://bitcointalk.org/index.php?topic=903228.0 Bitcoin News Magazine (https://bitcoinnewsmagazine.com) Title: Re: Antminer S5, a good idea ? Post by: alh on April 03, 2015, 06:58:21 AM S5 s currently the best miner in the market. However, S6 should be out soon. Interesting ! I'll have the S5 from a friend and maybe I'll buy the S6 after some time like this the price will go down. I wouldn't hold my breath for the S6. If the past is any indication of the future, the S6 will be a more "data center friendly" S5. By that I mean it will likely have the same BM138x chips that are in the S5, but more of them in a package that fits in a 19-inch rack cabinet. The S6 will likely have an integrated power supply of unknown quality, and it's acoustic profile is completely unknown at this time. I wouldn't expect the S6 to be a "quantum leap" over the S5, except in terms of packaging. |