It should be some 6th/s unit, right ?
No, the S series goes to small miner to big S1 small 180 ghash s2 big 1000 ghash (or 1thash) s3 small 440ish ghash s4 big 2thash c1 (middle)?) 1thash s5 small but either 600-800? The c1 is using their new miner but is pretty expensive (most are at launch) it may be a middle inbetween miner still for home use though. c1 1thash (liquid cooled 2 s3 boards oc'ed) 2 C1s come pretty close to the S4 in price when you add PSU's and water kit. The S4 is probley slightly cheaper. If you have PSUs laying around that are 1k watts + then C1 is better deal for you. |
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To be honest, the first few months of mining I refused to trade blindly believing in baghoding as the key to keep the price high, but when reality sunk in I started trading and realized that trading leads to more coins per month than mining due to the costs of electricity....
KnC Miner quotes: KnC says its shift in focus reflects an industry-wide trend. “We’re seeing a complete change in the industry,” Cole said. “It’s accelerated out of the garage and the homes, to the small businesses, to the large data centers, and now you've got to have a mega data center for it to be profitable.” http://www.bloomberg.com/news/2014-10-21/bitcoin-miner-ditches-clients-to-chase-2-billion-coding-prize.htmlKNC is not who i would get my mining decisions from. Always do your own ROI. KNC had trouble with just meeting deadlines its own deadlines. |
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So these are being released quite soon, now these are liquid cooled but the cooling is sold seperately and not installed.
Now these are selling at 1btc each, what prices do you think we will see these at resalers and how much will they offer the coolers for?
Also even though bitmain is not selling them assembled I am sure resalers will and must have put a price on that labor.
If anyone is a resaler or in contact with them anyone happen to have any clue on the price on any of these for their respected nations?
If you buy the coolers yourself, it should cost about $50. It is the 50 plus shipping. http://shop.syscooling.com/goods.php?id=45If you buy without buying miner they want 67 each. I think a reseller could charge a convince fee but i think it will be low margin as it seems they still have not ran out of kits. The kit does not contain fluid or quick disconnects that a reseller could also throw in to bump price. |
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I have been bitcoin mining in 1 shape or other for a while. It started out (like for many others) as an interesting technical ‘project’ (graphics cards / block erupters) and evolved over that time into an investment in single purpose mining hardware and home based IT set-up with the purpose of generating a passive income (which for a period of time it sure did).
However, over the recent months I have come to the realisation that for me that goal of passive income production from a home based mining operation has run its course. I don’t have access to free or cheap electricity and I don’t have access to industrial scale purchasing power for mining equipment, so with difficulty at 35, (insert lots of zero’s!!!) and global hashing power at 250 Peta hashes I can’t keep upscaling my hashing contribution to maintain enough profitability. It is time for a strategy change.
The majority of my mining has been with the GHash.IO pool and that has been a great service. I have coins generated from mining within my CEX account (some of which I have been turning into Doge) and as they have recently expanded the exchange part of their service offerings (with the addition of fiat and more crypto pairs) plus the (hopefully) current low price of bitcoin my strategy change is to get out of mining and focus on trading and investing of bitcoin and other crypto coins. My CEX account is also now verified for fiat, so I have a whole bunch of funding and trading choices there, plus the platform is solid and so is the security.
I have already sold some of my oldest miners via EBAY and will probably do that with the remainder I have (which now is a handful of S3’s). I’ll reinvest that money to my CEX trading account.
I have traded before but would far from call myself an ‘expert’ after all I have been buying Doge recently when it was 100 satoshi!! (Still buying some now with my small BTC mining rewards though). So will go on a learning journey of crypto trading, there is great resource here, CEX have a good trading blog and i will do some research. My aim will be to generate an ongoing income stream from trading, similar in intention to the aim from mining rewards.
If anyone out there has some comments on good education resource or why I shouldn't sell the miners or why I shouldn't do some trading or in fact why I should, please share. Am now off to the Speculation thread ;-)
Cex is to high in my opinion. You must have very high cost to mine if that beats it. I know with winter coming I'm using the free cooling to expand for a few months. Using winter air to provide cooling with little cost. If you do not have access to decent priced electricity i cannot make a argument at mining when low like now. Only thing I can suggest is look at hosting and see if anywhere to have them mine at. But if you cannot get a good priced hosting, you very well might be better of selling and buying coins direct. |
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Selling S3 + coupons for .01 BTC each. This is less then 30 percent of what they are worth! Get a little extra savings. These are good till 11-13.
Available - 14
Have rented lots of miner rentals, have positive feedback. If you want to use escrow it needs to be well known one (example ognasty). Escrow is allowed but you must arrange it and are responsible for escrow costs.
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Look into multibit. Its easy to add more. I would warn you splitting to much will make it hard to buy something if you have have to combine and pay transmission fees before buying.
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There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation. Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Mining is still alive with cheap electricity. I will agree it's no longer the 3 month roi guarentee. At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity. I do agree there will be a day when most are "cloud mining". As i like hardware i hope it is still a little ways away. Cloud mining is getting cheaper though and will continue to be more and more attractive. nothing is ever dead till its dead and gone and we no longer here about it . how i see it . right now its not dead depends on what you term as dead . but my thought on dead is dead and is no more . like gold mining by some one off the streets that is truly dead . Some still try it and lose all they have etc .but home mining is it not dead in the sense of how you do it and what you want form it . oyea How greedy are you !  . . I personally agree home mining is not dead. I know I still have not switched to cloud mining. For me personally it is still cheaper to mine with hardware, espically now that winter is so close. Cloud mining should be more profitable then own hardware now cause they can get cheaper shipment charges, cheaper mining hardware and cheaper electricity charges due to bulk.. It is cheaper but still not as cheap for me..... find me one where you own the hardware and can get less then 10 cents per kwh. It just is not to that point yet. And look at some hardware such as S3 and S4 there is still no bulk discount they are selling good without it. If you went with prisma or something you could get bulk discount. |
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shipping is paid usually from the buyer
so this is up to the buyer to decide if its worth total expense Purchase+shipping
Some people will only ship to the same country to avoid the hassle of dealing with customs, seizured packages, etc. Also the probability of the package getting damaged or lost goes up with international. If you are talking about ebay it is easier to scam people with if you are talking on btc forums then see the first few sentences. I know on my old gear I sold all in US. It saves on shipping, and makes no customs problems. It just makes life easier. |
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There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation. Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'. Mining is still alive with cheap electricity. I will agree it's no longer the 3 month roi guarentee. At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity. I do agree there will be a day when most are "cloud mining". As i like hardware i hope it is still a little ways away. Cloud mining is getting cheaper though and will continue to be more and more attractive. nothing is ever dead till its dead and gone and we no longer here about it . how i see it . right now its not dead depends on what you term as dead . but my thought on dead is dead and is no more . like gold mining by some one off the streets that is truly dead . Some still try it and lose all they have etc .but home mining is it not dead in the sense of how you do it and what you want form it . oyea How greedy are you ! . . I personally agree home mining is not dead. I know I still have not switched to cloud mining. For me personally it is still cheaper to mine with hardware, espically now that winter is so close. |
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Got 1.33 Gh/s mining power so mostly for fun but still want to maximize my profit. Doing zetcoin right now, best choice?
Just mine bitcoin, best profit of all.... That's a lie, and it would take me ages to be able to withdraw those 0.001 or whatever minimum needed. I don't know if i would say its a lie sadly your hash power is so low cashing out will be a problem for you. You can go look at coinwarz and see sha coins and most profitable. BTC is kinda the gold standard. |
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You are probably better off going to a cloud mining setup. You can purchase actual hardware at GAW miners (see link in my signature), and they will host it for you. Or you can buy their Hashlets.
Lastly, you can buy contracts from other cloud mining outfits, but most will never ROI.
Depending on your electricity price, and if vat and other things you might be better off with hardware. It all depends on those things if you are better off with hardware or hosting/cloud. This is precisely why I had to stop when it was $10/BTC where I was generating 3 BTC/week with my graphics card, I couldn't afford the $600/m hydro bill, but next month Im moving into a place with hydro included and thus my return. Plus I have a really nice 7 foot tall server cabinet that would look pretty sexy with a couple 4U miners running lol Yea having low priced electricity is a must at low priced BTC. Profits are tighter then they once were. I still think ROI is possible mining, but greatly varies between people and their locations. |
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You are probably better off going to a cloud mining setup. You can purchase actual hardware at GAW miners (see link in my signature), and they will host it for you. Or you can buy their Hashlets.
Lastly, you can buy contracts from other cloud mining outfits, but most will never ROI.
Depending on your electricity price, and if vat and other things you might be better off with hardware. It all depends on those things if you are better off with hardware or hosting/cloud. |
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I really don't know if you can say zeus is better then A2 chips. It's like apples and oranges. Zeus you can get at a low rate but you will have around 3 times the watts needed as a A2 chip.
I cannot say on A2Mega, but the A2Mini i would never trade its been a great machine and uses around 1/3 watts of zeus.
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Paypal is just a gamble with virtual currency. No one will trust someone new with it, and most wont use it at all for coins.
Look into things such as coinbase if you have a checking account you can tie it to. Or look at loclabitcoins for other options.
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^ It's incredible that people here can't read 1 post up to find the answer to their questions! xD
It is people dreaming of getting paid for playing games. This game allows YOU to pay them in BTC it appears. You will not make money playing it. |
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Might try one of the local boards. I have no idea what language is being used.
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I have a Raedon ati 5750
Sadly GPU days are over for most. A 5750 will bring in almost nothing, and the electricity will cost more then you make for almost everyone. You might look at localbitcoins on ways that people accept payment for bitcoins, paypal is one you would have to be very trusted because of dispute issues. |
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IS there any ROi with cloud possible ?
Try cloud GH's that charge no more than a 30% maintenance fee (equivalent to 0.12 kWh) and hold on for 365 days and you will ROI. If you want a quick ROI then buy your own hardware. Not really. You don't have to look far to find people who got ROI after 3 months of cloud mining. But it already happened, and may not happen again Can you show some math behind this? I cant think of any cloud services that ROI in 3 months is normal. Right now, many people claim that LTCGear ROI in 2 months. But I won't want to risk my money.. I just wish someone would provide math with it. I dont see many cloud mining getting roi. |
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You made a concept mistake.
Bitcoin is stored in your bitcoin address,not in your wallet. You can import your address in any wallet software if you have the private key.If you don't lose or leak your private key,your bitcoin is safe. If not, you lose.
i recommand you to use the cold store mode.
I apologize for asking. What is the method you speak of and how do I conduct it? Is it as simple as importing a private key from one wallet to the other? Depends on wallet used. Look up cold storage, there are multiple wallets. The original requires the chain to be downloaded, ones such as multibit do not. |
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Such as gaming( not gambling ones ), auctions, investing, etc.....Thx! Gaming is really a dream you will earn faucet level on any gaming site at most. Auctions you asked about there is actually a place on the forums to action goods. Investing there are more exchanges then i can list. Best options include buying, mining, or selling goods or services. |
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