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Author Topic: LKETC 5T 1000W is it real?  (Read 4467 times)
Meech
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July 21, 2015, 02:22:34 AM
 #21

Most miners even from the start were overpriced but thats what you had to pay to have the newest thing.  Some of it payed off some of it not.  Only just recently did we see hardware affordable enough for most. 
The only real question is if they will sell to the public or is it another large buy in.
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July 21, 2015, 04:29:16 AM
 #22

Most miners even from the start were overpriced but thats what you had to pay to have the newest thing.  Some of it payed off some of it not.  Only just recently did we see hardware affordable enough for most.  
The only real question is if they will sell to the public or is it another large buy in.


I know and so were PC at one time. I guess my point is home miner in a way are the back bone, all ways will be and 2k for a miner that all most all ways will never ROI unless you have maybe 5 or so is not worth it to me .

I do want them to at least to pay for them self beyond that i don't care . imo they should keep going down not up but that's how i feel .

and when i see it costs to make them, i have so many things to say to about that but don't,
IL sum it up one word

BS !!!

leave that alone completely.

Any way I  hope these are priced below 1k if they sell them to the public etc  or a buy in, has a nice price, i may get in one .


I do hope we get one more company like bitmain to keep things in a good healthy out look.

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July 21, 2015, 05:35:26 AM
 #23

One can only hope.  Sad to see the once "backbone" fall to big business.  But if btc drops significantly or another Mt Gox happens the home miners will endure better and continue as the backbone.  We can't expect any company to build miners with the intent of diversifying hash power, like once dreamed....where are you Satoshi?
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July 21, 2015, 06:01:16 AM
 #24

Most miners even from the start were overpriced but thats what you had to pay to have the newest thing.  Some of it payed off some of it not.  Only just recently did we see hardware affordable enough for most. 
The only real question is if they will sell to the public or is it another large buy in.


The dragon 1T i got from them ran forever.   I must have ran it a year before I finally sold it.  Still have a 1.5 T dragon. 

They build solid machines.   Were just waiting on chips.
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July 21, 2015, 02:58:08 PM
 #25

Most miners even from the start were overpriced but thats what you had to pay to have the newest thing.  Some of it payed off some of it not.  Only just recently did we see hardware affordable enough for most. 
The only real question is if they will sell to the public or is it another large buy in.


The dragon 1T i got from them ran forever.   I must have ran it a year before I finally sold it.  Still have a 1.5 T dragon. 

They build solid machines.   Were just waiting on chips.

Yeah the dragon was super solid.  Was even a major player is the big china farms until more efficient gear came out.  I bet there are still a ton of dragon's that are still functional sitting around in a heap somewhere collecting dust
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July 21, 2015, 03:34:39 PM
 #26

Most miners even from the start were overpriced but thats what you had to pay to have the newest thing.  Some of it payed off some of it not.  Only just recently did we see hardware affordable enough for most. 
The only real question is if they will sell to the public or is it another large buy in.


The dragon 1T i got from them ran forever.   I must have ran it a year before I finally sold it.  Still have a 1.5 T dragon. 

They build solid machines.   Were just waiting on chips.

Yeah the dragon was super solid.  Was even a major player is the big china farms until more efficient gear came out.  I bet there are still a ton of dragon's that are still functional sitting around in a heap somewhere collecting dust

Some china farms put it though TOUGH conditions and they worked great.  Only thing they did have was if a data center got them to hot it would slow them down.  But individuals did not really experience that.
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July 21, 2015, 04:58:22 PM
 #27

hate to see the word scam coming from a -ve trust person.

well anyways, i have dealt with lketc direct & they deliver. so it's not a scam.

i have over 40 x 1.5th dragons from lketc & had only miner issues. it is still running well till today.

yes i have to agree, pricing will be high imo.

just wait & see. i might order another batch.

let's hope they come out with a improved version FW as we all know the previous FW have some limitations to it. i think it will be more likely 5ths +/- 10% of real world performance but more likely towards the "-" 10%.

also a better PSU too preferably server type PSU's as they are much better than regular ATX's.

my guess it would be priced around minimum of 5.5 BTC @ USD 280/btc.
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July 21, 2015, 06:35:06 PM
 #28

at such great efficiency it will bring back home mining so demand/price would be huge
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July 21, 2015, 07:18:36 PM
 #29

This is either a scam or its a unit that will most likely cost around $3000 US dollars that nobody will ever buy.

But its hard to tell since its not a scam company.

well if it shipped today at 3k I think it would  sell.

5th and 1kwatt is worth 3k if it ships today.

but it is not shipping today and like a lot of asic gear it will be held back for at least 2 months of self mining.

so the earliest it ships is late Sept.


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July 21, 2015, 07:40:20 PM
 #30

This is either a scam or its a unit that will most likely cost around $3000 US dollars that nobody will ever buy.

But its hard to tell since its not a scam company.

well if it shipped today at 3k I think it would  sell.

5th and 1kwatt is worth 3k if it ships today.

but it is not shipping today and like a lot of asic gear it will be held back for at least 2 months of self mining.

so the earliest it ships is late Sept.



not worth even shipped today my friend. 3K is just way TOO much at current prices.

well it "may" be worth 3K if BTC prices jumps up & HOLD.
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July 21, 2015, 08:00:24 PM
 #31

This is either a scam or its a unit that will most likely cost around $3000 US dollars that nobody will ever buy.

But its hard to tell since its not a scam company.

well if it shipped today at 3k I think it would  sell.

5th and 1kwatt is worth 3k if it ships today.

but it is not shipping today and like a lot of asic gear it will be held back for at least 2 months of self mining.

so the earliest it ships is late Sept.



not worth even shipped today my friend. 3K is just way TOO much at current prices.

well it "may" be worth 3K if BTC prices jumps up & HOLD.

well no one is going to sell one to me today but I would pay the 3k as I think I can profit with it.

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July 21, 2015, 08:36:29 PM
 #32

It would seem for anybody that is trying to purchase 5 S5 miners (i.e. $2000+, 3000 Watts, 5.5TH), a 1000W 5TH, $3000 miner would be a reasonable alternative. Maybe not completely compelling because of the cost, but certainly something to consider. It clearly isn't an alternative, because it won't ship for quite a while.
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July 21, 2015, 11:36:21 PM
 #33

It would seem for anybody that is trying to purchase 5 S5 miners (i.e. $2000+, 3000 Watts, 5.5TH), a 1000W 5TH, $3000 miner would be a reasonable alternative. Maybe not completely compelling because of the cost, but certainly something to consider. It clearly isn't an alternative, because it won't ship for quite a while.

It's hard to tell the price.  The A1 dragons came out around 3k.   So they have had them that high before.

I don't think they will go quite that high, but if they hit the 5T for 1k watts it's really hard to tell.
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July 21, 2015, 11:56:30 PM
 #34

Clearly if such miner (i.e. 1000W, 5TH) did exist, and was for sale, then the closer to $2000 it was the more compelling it would be.

Is that enough speculation in the Hardware sub-forum?  Smiley
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July 22, 2015, 03:57:55 AM
 #35

Clearly if such miner (i.e. 1000W, 5TH) did exist, and was for sale, then the closer to $2000 it was the more compelling it would be.

Is that enough speculation in the Hardware sub-forum?  Smiley

Look at prices of SP35's we have seen some miners will spend a pretty penny on a miner.   I hope it is closer to 2000 or less.

But if they come out with this they really can charge a good amount.  Part depends on what computation is doing.
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July 22, 2015, 03:30:34 PM
 #36

let's see it out there asap!

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philipma1957
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July 22, 2015, 03:49:03 PM
 #37

Clearly if such miner (i.e. 1000W, 5TH) did exist, and was for sale, then the closer to $2000 it was the more compelling it would be.

Is that enough speculation in the Hardware sub-forum?  Smiley

Look at prices of SP35's we have seen some miners will spend a pretty penny on a miner.   I hope it is closer to 2000 or less.

But if they come out with this they really can charge a good amount.  Part depends on what computation is doing.

the s-5  at freq 375 does 1250    so 4 = 5th   but the power is 2600 watts

if this is 5th at 1000 watts  they can get 3k.  

here is the reason it put 12 cent to 20 cent people back in the game.  at 18 cents under current conditions .  this earns more then 260 a month after power.

So a guy like me with 18 cents in the summer and 10 cents in the winter gets back in the game.

4 s-5's cost me say 1800  for the same 5th but at my 18 cents right now I make only 40 a month under current conditions.


I have no margin of diff or price with the s-5. so it is effectively worthless gear if I mine it in my house at 18 cents.  each one make me 10 bucks a month.

SO I would love to get one of these today for 3k.  But Nancy of BW.com is not sending me any pm's here to review and or buy one.  So once again oh well.


My point is these will sell at 3k.

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July 22, 2015, 07:44:10 PM
 #38

Clearly if such miner (i.e. 1000W, 5TH) did exist, and was for sale, then the closer to $2000 it was the more compelling it would be.

Is that enough speculation in the Hardware sub-forum?  Smiley

Look at prices of SP35's we have seen some miners will spend a pretty penny on a miner.   I hope it is closer to 2000 or less.

But if they come out with this they really can charge a good amount.  Part depends on what computation is doing.

the s-5  at freq 375 does 1250    so 4 = 5th   but the power is 2600 watts

if this is 5th at 1000 watts  they can get 3k. 

here is the reason it put 12 cent to 20 cent people back in the game.  at 18 cents under current conditions .  this earns more then 260 a month after power.

So a guy like me with 18 cents in the summer and 10 cents in the winter gets back in the game.

4 s-5's cost me say 1800  for the same 5th but at my 18 cents right now I make only 40 a month under current conditions.


I have no margin of diff or price with the s-5. so it is effectively worthless gear if I mine it in my house at 18 cents.  each one make me 10 bucks a month.

SO I would love to get one of these today for 3k.  But Nancy of BW.com is not sending me any pm's here to review and or buy one.  So once again oh well.


My point is these will sell at 3k.

i doubt so. theory & practical is VERY different. it greatly depends on the btc pricing at that particular moment.

don't forget to add shipping & taxes before the miner even arrives in let's say a week so ROI is another week away.

mind to share some #'s on how long does it take to ROI say btc price at USD 275 assuming it is constant till ROI comes knocking on the door.

miner cost @ USD 3000

shipping cost @ USD 200

tax @ USD 100

so it's USD 3300 to start with 4.725 ths assuming -5% performance due to various conditions.

also which pool one is going to point it to ? again depends on luck. again assuming it is pointed to antpool on PPS & get paid 97.5% after fees.

exchange fees to sell the btc mined @ -0.25% that excludes currency conversion but let's just use USD.

so to sum up in REAL world expect:

-miner to perform 5% lower
-pool luck (ain't gonna be jolly happy always) fees too (if there is any)
-exchange rate at that present time + exchange rate fees + withdrawal fees or + currency conversion fees say 0.25%
-diff changes

total before anything starts it would be USD 3300 for the miner to arrive within a week & abt -6% less from the points above. i'd do assume it does takes a while to ROI.
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July 22, 2015, 07:50:17 PM
 #39

Clearly if such miner (i.e. 1000W, 5TH) did exist, and was for sale, then the closer to $2000 it was the more compelling it would be.

Is that enough speculation in the Hardware sub-forum?  Smiley

Look at prices of SP35's we have seen some miners will spend a pretty penny on a miner.   I hope it is closer to 2000 or less.

But if they come out with this they really can charge a good amount.  Part depends on what computation is doing.

the s-5  at freq 375 does 1250    so 4 = 5th   but the power is 2600 watts

if this is 5th at 1000 watts  they can get 3k.  

here is the reason it put 12 cent to 20 cent people back in the game.  at 18 cents under current conditions .  this earns more then 260 a month after power.

So a guy like me with 18 cents in the summer and 10 cents in the winter gets back in the game.

4 s-5's cost me say 1800  for the same 5th but at my 18 cents right now I make only 40 a month under current conditions.


I have no margin of diff or price with the s-5. so it is effectively worthless gear if I mine it in my house at 18 cents.  each one make me 10 bucks a month.

SO I would love to get one of these today for 3k.  But Nancy of BW.com is not sending me any pm's here to review and or buy one.  So once again oh well.


My point is these will sell at 3k.

i doubt so. theory & practical is VERY different. it greatly depends on the btc pricing at that particular moment.

don't forget to add shipping & taxes before the miner even arrives in let's say a week so ROI is another week away.

mind to share some #'s on how long does it take to ROI say btc price at USD 275 assuming it is constant till ROI comes knocking on the door.

miner cost @ USD 3000

shipping cost @ USD 200

tax @ USD 100

so it's USD 3300 to start with 4.725 ths assuming -5% performance due to various conditions.

also which pool one is going to point it to ? again depends on luck. again assuming it is pointed to antpool on PPS & get paid 97.5% after fees.

exchange fees to sell the btc mined @ -0.25% that excludes currency conversion but let's just use USD.

so to sum up in REAL world expect:

-miner to perform 5% lower
-pool luck (ain't gonna be jolly happy always) fees too (if there is any)
-exchange rate at that present time + exchange rate fees + withdrawal fees or + currency conversion fees say 0.25%
-diff changes

total before anything starts it would be USD 3300 for the miner to arrive within a week & abt -6% less from the points above. i'd do assume it does takes a while to ROI.


All good points so let me change it just a tad.

People would be willing to pay 3k today if it shipped asap arriving in home in under 1 week.
I know I would buy it for 3k today and more then likely profit with it.


Now my post to the thread is still speculative since  I am not getting an offer to buy it today and have it shipped to NJ, USA arriving on the 29th or 30th of July. I am willing to take a price risk on BTC staying above 250 short term with an increase down the road.

As for luck this would mine at f2pool no luck involved.

Shipping is around 200  so 3200 giving me as you say 4700-4800 at 1000 watts the math works and for the next 75 days my power is 18 cents it then drops to 10 cents for  OCT 1.

I can mine this unit until May of 2016 before I need to worry about June 1 summer rates in the year 2016.

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Mine Mine Mine


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July 22, 2015, 07:55:17 PM
 #40

if what i punched in is correct ?

pool fee 3% includes exchange fees (just an assumption & a quickie)

don't look good at all sadly my friend.

http://imgur.com/ILBcIUl
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