Dam, that thing is 2000W for only 360 GH/s ?!!!  The Chinese do know how to make knockoffs. This thing is a longer, shittier, power consuming double S1. |
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PM sent for last month.
Put me down for another month starting March 18th.
Posts: 329
Address: 1CwmksPZUfZbEh7efyzpueF8rBnHm99DFa
Thanks,
Chuck
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Isn't it cheaper than your miner?
That means yours is a colossal ripoff.
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When setting it up VIA wifi, I just have to type the IP of the ant miner in my browers to connect? Or do I have to do it like a router and connect via hardwire?
Depends if you're close or far from the router. I personally connect the Ant through ethernet cable direct to the router, punch in the default ip 192.168.1.99 into a browser, and voila I'm in the Antminer config. If you're unable to connect via wireless or wired, search the forum for "Antminer setup". There's step by step by Dogie and Sushi which should be helpful. |
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Kinda disappointed,not the "breakthrough" miner I had hoped....oh well,gotta wait for ASICminer's new chip I guess  True that! Doesn't matter what us minority miners think, somehow S2 is sold out already! I too am anxiously awaiting AM's offering. Competition, that's shipping now, is a good thing. |
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This is a very good point. Right now, mining is a losing proposition unless you have free or cheap electricity and/or data center hosting. The difficulty jumps definitely don't help the steep price point of entry for these high end miners.
It's not even a race to ROI anymore. It's a race to come close to even - electrical costs, then sell the miner while it's still in demand. Only on the resale of the equipment would you maybe see some profit.
Like others have been saying, if you don't have a mining operation like the $8 million dollar a month miner(MBP?) in Washington, then mining is an expensive hobby.
All not true. What is I told you, you could spend $10k on miners, that would produce BTC0.15 each day ($100), use less than 500w of electricity, produce zero heat, zero noise and you would be guaranteed ROI in no more than 120 days. And this scales so if you spend $5k you get BTC7.5 a day and if you spend $20k you get BTC0.30 a day That is what I am doing. Care to share your current setup? If you don't feel comfortable sharing in the forum, perhaps a PM so I can be better informed.  |
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Somehow I got a feeling bitmain seeing this thread in silence and read any comments here, and you guys know for what right ? So I wish I can change some opinion and hopefully changes the price @_@ 1. 55nm. Like it or not a 55nm need more electricity and hotter than 28nm. Hotter means less durability, Ive seen in CPU and it should be similar to this or any chip. 2. A preorder 2TH is coming from "you know who" in less than $6000 that shipped start at 30 April. As I said from point 1, that a 28nm will need less electricity, that 2TH have a 28nm with only 1050 watt. And again its preorder. 3. In TH perspective it should be $2900 minus case and PSU ($200 in my calculation and divide by 2 since S2 only has 1TH). 4. For an old technology (55nm), hotter, more hunger, it should cheaper than 28nm (Even thought I know a 55nm production more costly than a 28nm). So even if there's people sayin it sold 5 or 10 items, I still hoping it down to $2500 (with case and a 1200 watt PSU). Thank you Sorry, which preorder are you talking about that does 2TH/s at 1050W, and costs $6000? Probably BA Prospero X-3: www.blackarrowsoftware.com/store/prospero-x-3.html |
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NO need to worry... SOLD OUT  Well that makes my decision much easier!  More Ant S1s it is. |
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This is a very good point. Right now, mining is a losing proposition unless you have free or cheap electricity and/or data center hosting. The difficulty jumps definitely don't help the steep price point of entry for these high end miners.
It's not even a race to ROI anymore. It's a race to come close to even - electrical costs, then sell the miner while it's still in demand. Only on the resale of the equipment would you maybe see some profit.
Like others have been saying, if you don't have a mining operation like the $8 million dollar a month miner(MBP?) in Washington, then mining is an expensive hobby.
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Tough Decisions  ... 1xS2 or 5xS1? Obviously power is the factor, but the chips are only 55nm. Was hoping for higher efficiency and lower power draw. Somewhat reluctant to be the guinea pig for these. But also reluctant to wait... So by my reckoning, it breaks down as follows 5xS1 delivered Wednesday next week should make 0.1183 for the first 6 days = 0.7098 + 1.2612 at next diff of 4,782m So they should make 1.971 before the S2 even ships. Costs: 5xS1 @.996 = 4.98 BTC VAT @ 1.426 BTC (if in EU) PSU's @ .7682 BTC (5x€70) Power consumption @ €0.1699c @ 420Watts per OC'd ant = €8.51 per day = €119.24 (0.26126 BTC) power bill for the for the first 14 days. Total costs about 7.43571 BTC from now till the 2nd April Leaving them to earn 5.46471 BTC to break even. Now given that we have no clue about Diff jumps into April, anything beyond that is speculation - so really, have I answered my own question? The S2 will consume €4.08 electricity per day. So per 28 day month, its gonna cost €114.17 (0.25010BTC) as opposed to 5 x S1's which is currently costing €238.50 (0.52245 BTC) . Sorry if this set of calculations is a bit all over the place - I am kinda thinking out loud here. Bottom line - better efficiency = longer life - we cannot do anything about all the hashpower that is coming - but we can reduce our overheads and on a per-terra basis - the S2 is a better deal by about a quarter of a coin per month, But... if you order 5 S1's now - it will make 1.971 BTC before the S2 even arrives. Thoughts and feedback welcome.... finally - I really was hoping that Bitmain would be able to do the S2 at a cheaper price. Guess we are spoilt... ;-) Sorry, nitpicking but the price of the S1 is 0.992 BTC. Your argument still stands though. S2 is overall a good deal compared to the other 1TH/s miners on the market, just not by Bitmain's standards. |
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I'm not going to lie, this feels like a punch in gut. Disappointed in Bitmain. It would be something if it's new technology, but it's the same 55nm chips they use in the S1. Didn't they sell over 33k Antminer S1s so far??? Their quote: S1 is currently deployed in large binary trees structures within the private and public mining pools servicing 20.3% of the entire network hash rate. They made a killing already, why not treat their loyal customers with respect? Slap the same old chips but more of them in an ugly 4U case. Very frustrating news, to say the least.... What does it matter? The only competitor that beats it is Bitfury and they're super pricey. I guess you could throw the Chinese Coincraft A1 miners in the mix, (maybe) slightly better efficiency but they want $6,000+ You could take the risk of buying an Avalon Gen3 for slightly more than the S2 as well. As a customer of Bitmain, I don't feel that they owe me respect, I feel like they've already given it to me by a) being a standup business; b) adjusting their price daily to give us a chance at +ROI; and c) producing the S2. If you don't like how they run their business, feel free to pre-order from HF, Cointerra, BFL, Bitmine, AMT, VMC, take the risk of buying from Avalon, or pay through the nose for Chinese A1 units and/or Bitfury. Not to beat a dead horse or be confrontational, but what is so revolutionary about the S2 technology wise? The enermax powersupplies? The ugly silver case? Please point out where they're pushing the edge. The Lightning, Dragon, JT, etc are in the same space (1TH/s), are pricey at over $4k-5k each, but at least they're using 28nm A1s(stolen or not). I'm just trying to see to value proposition with regards to the (same old)tech they're using. |
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I'm not going to lie, this feels like a punch in gut. Disappointed in Bitmain. It would be something if it's new technology, but it's the same 55nm chips they use in the S1. Didn't they sell over 33k Antminer S1s so far??? Their quote: S1 is currently deployed in large binary trees structures within the private and public mining pools servicing 20.3% of the entire network hash rate. They made a killing already, why not treat their loyal customers with respect? Slap the same old chips but more of them in an ugly 4U case. Very frustrating news, to say the least.... |
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Well there goes that idea. S2 priced at $3899 won't ever ROI.
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Man, I was hoping something a little more lower price wise for the S2. At nearly $4k or over 6 BTC won't ever ROI.  |
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God knows we won't ever ROI with these things, but dagnamit are they sexy! |
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I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.
You can update the wager to your liking. Nah... I like to keep my word when I make bets and I don't want to lose 1 BTC... like I said $1200 is likely to happen. I think we're gonna be in a boring $600-800 range until July or August.. and then our next rally will take us a little over $2000, correcting back to the $1200 range. Which is not bad, but I don't consider it "the year of btc" after the excitement of last year Wow, I'd love to see $2000! I'm just glad we're not at zero after the first 3 months of nothing but bad news. |
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Just remembering some of the Antminer threads, there have been some issues if BTC transfer has not been received within the hour. If your order is still pending after 2 or 3 hours, you should email webmaster@bitmaintech.com before resubmitting, then post in the main Bitmain thread https://bitcointalk.org/index.php?topic=417159.0 as well as PM Bitmain to see order status before re-submitting the order. Site says Paid now,  . /Dance Congrats! Best of luck on your investment. Not sure on ROI, but for the pricetag and speed of delivery, it beats any pre-order delay anyday. I am just trying to get started learning about how to ASIC mine, I already mine Primecoin with my CPU. While you wait for your Antminer to arrive, get your PSU ready, preferably a Corsair in the 500-600W range if you plan to overclock. |
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Just remembering some of the Antminer threads, there have been some issues if BTC transfer has not been received within the hour. If your order is still pending after 2 or 3 hours, you should email webmaster@bitmaintech.com before resubmitting, then post in the main Bitmain thread https://bitcointalk.org/index.php?topic=417159.0 as well as PM Bitmain to see order status before re-submitting the order. Site says Paid now, . /Dance Congrats! Best of luck on your investment. Not sure on ROI, but for the pricetag and speed of delivery, it beats any pre-order delay anyday. |
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Just remembering some of the Antminer threads, there have been some issues if BTC transfer has not been received within the hour. If your order is still pending after 2 or 3 hours, you should email webmaster@bitmaintech.com before resubmitting, then post in the main Bitmain thread https://bitcointalk.org/index.php?topic=417159.0 as well as PM Bitmain to see order status before re-submitting the order. |
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$10,000 for 125 TH/s, where do I sign up! No, seriously. Where do I sign up.  Quite a ballsy scam production if I must say so. |
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