You assume everyone HAS "good jobs" available AND has the physical capabilities and needed skills to LAND an available "good job".

Never heard of it, is it something that actually exists or is it vaporware/scamware?

 And define "6'th generation", as far as I know there is NO ASIC COMPANY that has built 6 generations of Bitcoin chip yet.

 Multiple errors.
 You can't spend Bitcoin or Litecoin 'till the transaction(s) that gave them to you have been confirmed - normally MULTIPLE confirmations needed. 10 mins ABSOLUTE MINIMUM for Bitcoin, 2.5 mins ABSOLUTE MINIMUM for Litecoin, commonly an hour or two for either and I've seen it take 6+ hours on either on rare occasions.
 More importantly, you don't even know *IF* the transaction is going to go through 'till at least the first confirmation. THAT is the big issue with trying to use any Cryptocoin in a retail store environment - customers do NOT want to wait around for MINUTES to see if they're going to be able to buy something, they often get irritated if it takes more than a few SECONDS on a credit card transaction.

 A credit card processor that takes DAYS to process a transaction is incompetant or a ripoff. I had a merchant account for a few years back in the 1990s, I NEVER saw it take hours much less days to recieve my payment for a transaction, unless I couldn't get into the automated system AT ALL, and on automated transactions the norm was SECONDS. Even on the weekends (I did a LOT of sales at computer shows and hamfests) I'd have the money in my account before I got packed up after the show ended and I could get to an ATM to check (hours at MOST, but couldn't tell for sure how long given time between the sale and when I was available TO check).
 The only way it would take DAYS for a credit card transaction to get the money to the seller is if they ran the transaction manually, then it took the seller days to actually SUBMIT it.

 Paypal has often had merchant money from sales "on hold" for MONTHS at a time. Go look at the class action lawsuit they settled several years back - then note that the folks currently investigating to file ANOTHER ONE are seeing this same issue DESPITE PAYPAL AGREEMENT IN THE ORIGINAL CASE SETTLEMENT TO STOP DOING THAT.


 MAJOR Error. Confirmation time is NOT chargeback limit time.
 Cryptocoins do not HAVE a chargeback mechanism at all, which is one reason merchants LIKE cryptocoin payments - they know they HAVE the money once the transaction has been processed at all, it's just a matter of time because there is no way to reverse the transaction no matter what.

Bitmain just never got around to building a "rack mount" datacenter-style machine based on the BM1384.
 
I would guess their sales on the S5 made them decide there wouldn't be enough sales of a S6 model to justify the design/test/build costs.

I predict - that most of the world couldn't care less.

 9-)

If you have electric in the 5 cent/KWH or less range, those S5s should ROI - though not by a lot - before the bitcoin block rewards gets halved next summer and most current-gen miners get uneconomical or barely break-even even with cheap electric.

 Worse case, the miner itself will probaly ROI but you'll still be underwater a little on the power supply for it - which you can then use on a newer machine.


 If your electric is over 8 cents/KWH I doubt you'll get ROI on the S5 itself ever - only way that would happen would be for bitcoin value to increase faster than diffuculty for the next several months.


 The RATE of difficulty increases has gone up a LOT in the last month, compared to the first half of the year, while the value of Bitcoin had a jump during the Greek crisis but seems to be slowly settling back down some. I'd anticipate another jump in the month or so before the halfing occurs, but I don't see a high probability of any other event that will enhance Bitcoin value in the next year.

 ROFLMAO - you do realise that appx. 1% of ALL retail transactions happen in "whole units" in the USA - dollars are COMMONLY split into fractions, it's why we HAVE coints.


 cent is short for "1% of a dollar", by the way.


 I don't see this "whole units" argument as being more than a strawman argument at best.



 The one REAL advantage that Litecoin has over Bitcoin, IN THEORY, is faster confirmations - but even there it's bloody SLOW compared to cash or credit/debit cards, which limits it a TON for retail usage. I doubt that ANY cryptocoin will ever overcome that issue for retail sales, but given the trend towards online sales taking a larger percentage of all sales it leaves a rather LARGE niche for cryptocoins to get a piece of.

There is NO POINT to them releasing an S6 at this time. If they were GOING to release one, it would have been several months ago when the BM1384 was still a performance leader, not when they appear to have emptied all of their stocks of it building the last new S5 units and are moving on to the NEXT generation.

 Water cooled would be a C series machine, NOT an S6.


 I'll take the word out of a Bitmain representative over your "I insist they are not going to skip" wasting time and money on a machine that they know would generate almost ZERO sales.

Michael Millican (sp) spent less than 5 years in jail over his bloody-near a BILLION ripoff of folks.

 I don't remember the details, something about junk bond fraud....

I'd tend to agree that the noticeable drop was probably related to Bitmain - but I'd guess it was "pulled the August 5 batch to ship it" machines, not pull machines that aren't due to ship for almost a week, given the actual timing and the timing on WHEN they shipped that "August 5" batch.

 Being able to pay the bills and not end up homeless > respect.

 Common short term variation. Don't look at instantanious hash rates, look at a longer-term average like on bitcoinwisdom. Short spikes ALWAYS happen, and sometimes they're pretty big.

Too late, there's already been a "Litecoin splitoff" - using a different algorythm IIRC.

S6 has been mentioned (I believe by Dogie, but might have been by BitMain directly) that it's not going to happen, will be "skipped".

 It's the S7 we're all waiting on now....

Yeast is used in bread and related items like most pizza doughs to make it "rise".

 There are MANY types of yeast, the bread type is not related to "yeast infection" type(s).

 I'd LOVE to see you try to convince Dave Carlson of that.

 8-)


 (for those that don't know the name, and assuming I spelled it right, that's the owner of MegaBigPower)

Actually, the 3x1600 watt PS is one of the few believeable things. Look up the size of a 1600 watt 1u server power supply sometime - 3 of them wouldn't be much bigger than a typical 1200-1300 watt normal ATX power supply in total volume - longer, but lower height if you stacked them side-by-side.

Is that 0.023 your final rate all up, or your base rate?

.249 is the CHIP spec, the actual usage in the S5 is a little higher due to the other stuff in the machine that uses power, like the fan controller support chips etc.
 I HAD forgotten the chip spec went quite that low, but I'd still say .3 is probably about the best an S5 unit could manage even if you can get it fixed to run at 9v

 It's closer to chip spec than machines that DO have programable voltage due to lack of losses in a voltage converter/regulator, but there's still SOME non-hash-chip power draw out of the other stuff.

 I'd still like to see that .3 though, if I could ever find an EFFICIENT 9v power supply that can support the current draw.

Y'all missed an obvious "scam" tipoff.

 Company claims to be in Manchester in the UK.

 Why is their website denominated in Dollars? Not EU, not even Pounds, DOLLARS.


 Talk about some fish that stinks all the way to the USA....