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1  Bitcoin / Pools / Re: [16000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: February 15, 2015, 06:44:10 PM
having some issues connecting.
2  Bitcoin / Hardware / Re: BitHashMiner 10TH/s Bitcoin Miner on: February 04, 2015, 05:14:00 AM
But wait there is More! now We show you 360 view and features
http://youtu.be/ywVFs3fCgvs

 Grin

i admire your effort. lol.
3  Bitcoin / Hardware / Re: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.25/GH & 0.51W/GH on: January 25, 2015, 04:56:44 PM
bitmain again increased the price of S5.

maybe they should price them in BTC if thay want to track BTC price ?

They are digging the grave, only to yourself. Today the cost of 3 x S5 with shipping to me was 4 BTC 945.448 USD
Now it is  4.225 BTC  ( 1038.448 USD )  +20% VAT =1246 USD

Better I buy  3 x SP20 for 1195 USD and I ask  the bill for  customs  600USD . Yes,   I  Pay 100 USD  more, But for  the miner, what  not need to rebuild.  And having a closed housing , not a  open fireplace.



Bitmain by increasing their price will cause sales of sp20 to go up.

here is the reason:
3 s5 to the usa cost $1140
performance 1150 GH/s

$ per GH/s 0.33

for the s20 since shipping is free total $1200
performance 1700 GH/s 0.23

much better performance per dollar.

in terms of electric efficiency, since basically they cost about the same after shipping $380 vs $400, it would be fair to compare them at the same performance, the sp20 undervolted to provide 1150GH/s would probably give similar consumption.
Someone with an sp20 would provide that info.

But after the price increase for the S5 the SP20 is a much better choice, I am sure bitmain will be force to drop their prices in less than a week from now.

if we use the $ per GH/s ratio of 0.23, for the S5 to be able to compete against the S20, the S5 would have to be priced at $264 including shipping, but since it does not include shipping it would have to be priced at $224, at nearly double this price it is no match for the SP20, I was hoping bitmain would lower their prices against the competition, but instead they were increased, this is a very bad indication that they are loosing ground. I would think in less than a month assuming spoondolies does not lower their price would have to be prices around $200 otherwise spoondolies will get all the sales, now if spoondolies lowers their price, the sp20 will have all the market for themselves at least for a while.

I am comparing in a group of 3 since that is something that most miners could do easily and provides best price for sp20, for the S5 the group is 52 units which is way to large for most of us.




I agree. Was waiting on bitmain to make a move to match the sp20 price drop. Just put in an order for 3x sp20 instead, and they accept paypal too.
4  Bitcoin / Mining speculation / Re: spondoolies price drop How will bitmain respond? on: January 19, 2015, 05:09:35 PM
I don't keep spare psu's just lying around. lol. (ones I already have are plugged in).
And psu's should be factored into costs since they are necessary to run the hardware.
5  Bitcoin / Mining speculation / Re: spondoolies price drop How will bitmain respond? on: January 19, 2015, 04:52:35 PM
even at the new price, it still never ROI for anyone with + $0.1/kWh

Do most ppl here know there is electricity rate and there is effective rate?

Effective rate is what you should look at. It includes delievery charges + electrical rate.


my elec is around 8 cents / kWh.
If each S5 is $310, + power supply $100 + shipping $15, I'd be looking at $425 total cost per unit.

ROI is around 8 months, provided that difficulty and price remains constant.
8 month ROI timeframe is a little too long for me to be comfortable with.

A price drop of $100 per unit (to $210 each) would put me near 5-6 month ROI, which would be a reasonable investment given the risk.
6  Bitcoin / Mining speculation / Re: spondoolies price drop How will bitmain respond? on: January 19, 2015, 03:56:00 PM
bitmain dropped to 310 usd

bitmain needs to come out with nano farm bundles like spondoolies.

it just doesn't make sense to have bundles in moq of 52 units.
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