Mining profitable again.

[Amph]

i think s4/s5 are still very profitable if utilized correctly!

you mean if you have very cheap electrcity, there is no other parameters to have to "utilize correctly" those miners

diff will skyrocket now with the new btc price, those miners will be useless in no time for small farms

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[notlist3d]

i think s4/s5 are still very profitable if utilized correctly!

you mean if you heave very cheap electrcity, there is no other parameter to have to "utilize correctly" those miners

diff will skyrocket now with the new btc price, those miners will be useless in no time for small farms

They can only pump out so many machines.   With new price I think it will keep many profitable for quite a bit.   

There are only data centers so they could build more that is true, and I'm sure some are.  But with a spike like this it could as easily go other way, so I don't think we will be seeing you are thinking.  Also hashrate is so high it takes quite a bit to move it.  I mean were in 5+ right now and huge gain on value.

[newbitcoins]

i think s4/s5 are still very profitable if utilized correctly!

you mean if you heave very cheap electrcity, there is no other parameter to have to "utilize correctly" those miners

diff will skyrocket now with the new btc price, those miners will be useless in no time for small farms

I think he means you can underclock the miners to make them more power efficient. However, this might not be necessary during the high price environment. It is not necessary if you have low electricity cost.

[QuintLeo]

S5 are profitable right now if

 1) You already have one, or can pick it up cheap and have fairly cheap electric -or-
 2) *IF* the current Bitcoin price surge lasts more than a few months AND you can pick up a S5 semi-cheap and have semi-cheap electric.

 I don't anticipate the current price surge lasting all that long - but I've got enough existing miners to be happy if I'm wrong.

[notlist3d]

S5 are profitable right now if

 1) You already have one, or can pick it up cheap and have fairly cheap electric -or-
 2) *IF* the current Bitcoin price surge lasts more than a few months AND you can pick up a S5 semi-cheap and have semi-cheap electric.

 I don't anticipate the current price surge lasting all that long - but I've got enough existing miners to be happy if I'm wrong.

I've had one since it was released so it is pretty profitable still.   A lot of mining is upfront risk.   Sometimes you take a little bit more risk then you like to as a miner.

I just wish I did not sell my S4's at this point now.  But cant be right all the time.