New to Mining

[alh]

No I get what you're saying it just came off a little rude I guess. Forget I said anything.

Anyways for those of you wondering, keep in mind I DO NOT pay for electricity, I have an antminer s1 running and just ordered an antminer s5 while it was 15% off. As one of the guys said above, I could easily see this hobby become an addiction of mine.

Also, does anyone know where I might be  able to get my hands on the antimer s1 upgrade kit? Thanks

Just a cautionary note on "free electricity". Somebody, somewhere is paying for the electricity that you use. Maybe it's included in your rent. Maybe it's at your parents house. What you may find is that there are limits to the amount of "free electricity" that you can actually use, though it's not obvious at this point. If it's included your rental, that's great, until you use "too much". You might well find that your lease has a "reasonable" clause associated with electricity usage. You might also find that where you are running your miner(s) has limits on the actual wiring and such. It wouldn't be hard to buy some much gear that you can't run it without popping breakers or causing other electrical problems.

Just something for you to consider about "free electricity".

[cryptopaddles]

Run away as fast as you can.  Mining bitcoin arty this stage is just throwing money away at this point

[wege12]

Now that I have both an S1 and S5 mining at the same time, is it recommended that I use a separate worker for each miner or can they both use the same one?

[jzcjca00]

Why do people think an S1 will ever earn $15 after electricity costs?! Before you factor in the cost of electricity, it only earns $0.80 per day. And at 2w/GHs it will probably cost a $1.00 per day to run, lol.

Have fun and get rich! What could possibly go wrong?   

It depends on how his house is heated.  If he has electric heat, then his electricity costs are effectively zero.  All the energy used to run the miner is subtracted from the energy needed to heat the house.  He just has to turn it off when the weather gets warm!

[ChuckBuck]

Now that I have both an S1 and S5 mining at the same time, is it recommended that I use a separate worker for each miner or can they both use the same one?

Same worker is fine for both.  You'll barely notice the hash rate difference at the pool with the S1 included anyway, due to variance.  It'll probably fluctuate between 1100 to 1300 GH/s total poolside.

[wege12]

Now that I have both an S1 and S5 mining at the same time, is it recommended that I use a separate worker for each miner or can they both use the same one?

Same worker is fine for both.  You'll barely notice the hash rate difference at the pool with the S1 included anyway, due to variance.  It'll probably fluctuate between 1100 to 1300 GH/s total poolside.

Thank you. Now I was just looking at my S5 miner status and it turns out that it has about twice as many discarded shares (40,000) as it does accepted shares (about 20,000) after it has been running for 15 1/2 hours.  My S1 after it has been running for 1 day and 7 hours shows 39,500 accepted and about 7,000 discarded. This doesn't seem right that the s5 has such a high discard rate and is churning out shares at almost the same rate as the s1. What is the deal or is this not of concern?

Also, is it normal for a pool to only find 1-3 blocks a day? I think I may need to find a better pool than I'm in currently. What are everyone's thoughts on ELIGIUS's pool?

Thanks for the help guys!