[Antminer S1 Sales open] Price changes daily, now 0.414 BTC for 180GH/s

[MrTeal]

S2 SOLD OUT....DAM I was just on the page, refreshed and sold out....DAM

No big deal. Buy some S1's instead; they're not a worse deal.

exactly, the S2 would only save me $69 a month in electricity. I am going to buy more S1's instead

Annoying that the numbers don't work out well since they're not even multiples, but let's use 1000/180= 5.56 S1s per S2. Right now an S1 is $625. Along with that you need say $66 per S1 for power supplies (~200 for a 1200W for 3, or ~135 for an 850W gold for 2). That's $691 per S1, or $3842 for 5.56 of them. Right there you're almost at price parity; the S1s cost $57 less than the S2.
Now, if everything ships on time you'll get your S1s two weeks earlier than an S2. Since the diff just changed, let's say you'll mine 14 days with the S1s at current difficulty before you'd get the S2. You'll make 0.116 BTC a day. At $630/BTC and 2kW at my electricity rate (0.12/kWh), that would be $73.05/day before and $67.29 after electricity, so a net of $942.06 earned with the S1s while waiting on the S2 to arrive.
Now, how long would you have to mine to make up the $57+$942 difference? For me at $2.88/kWd, it would take just shy of a year of mining (347 days) for the power savings of the S2 to make up for the effective price difference + extra income of the S1s.

[aztecminer]

bitmain .. +2 S1 ants please. is good for me atm. for my additional rm1000 psu i have now. i will get S2 soon when i can. thanks!

[Bitkoinzz]

S2 SOLD OUT....DAM I was just on the page, refreshed and sold out....DAM

No big deal. Buy some S1's instead; they're not a worse deal.

exactly, the S2 would only save me $69 a month in electricity. I am going to buy more S1's instead

Annoying that the numbers don't work out well since they're not even multiples, but let's use 1000/180= 5.56 S1s per S2. Right now an S1 is $625. Along with that you need say $66 per S1 for power supplies (~200 for a 1200W for 3, or ~135 for an 850W gold for 2). That's $691 per S1, or $3842 for 5.56 of them. Right there you're almost at price parity; the S1s cost $57 less than the S2.
Now, if everything ships on time you'll get your S1s two weeks earlier than an S2. Since the diff just changed, let's say you'll mine 14 days with the S1s at current difficulty before you'd get the S2. You'll make 0.116 BTC a day. At $630/BTC and 2kW at my electricity rate (0.12/kWh), that would be $73.05/day before and $67.29 after electricity, so a net of $942.06 earned with the S1s while waiting on the S2 to arrive.
Now, how long would you have to mine to make up the $57+$942 difference? For me at $2.88/kWd, it would take just shy of a year of mining (347 days) for the power savings of the S2 to make up for the effective price difference + extra income of the S1s.

HOWEVER, there is  one angle here that may not be intentional and may not be so obvious. Bitmain is pricing these in US dollars first, not BTC. So when would this be a good deal for miners? When the price of Bitcoins shoots up. The novices will always pay $3899 converted to BTC. I heard on Letstalkbitcoin that they expect a spike in BTC prices April-July. Hmmmmmmmm

[Easy2Mine]

Anyone knows what happened with BITMAIN farm at Eligius and KNC farm?

[flounderella]

Received two of my S1s this evening and they are hashing away (both connected to a new RM1000)

One of them is giving the following status. Tried restarting. It's good at first but then reverts to below in a few minutes:

xooooooo oooooooo oooooooo oooooooo
oooooooo oooooooo oooooooo oooooooo

Temperatures are at 45C and 42C respectively and fan is running fine I see.

Is the x a cause for concern? Its hashing at 190.09 (OC-ed)

[MrTeal]

Received two of my S1s this evening and they are hashing away (both connected to a new RM1000)

One of them is giving the following status. Tried restarting. It's good at first but then reverts to below in a few minutes:

xooooooo oooooooo oooooooo oooooooo
oooooooo oooooooo oooooooo oooooooo

Temperatures are at 45C and 42C respectively and fan is running fine I see.

Is the x a cause for concern? Its hashing at 190.09 (OC-ed)

No, the xs are fine. Mine all tend to that over time, but they've been running steady at 200GH/s for a month.

[davebodger]

Anyone knows what happened with BITMAIN farm at Eligius and KNC farm?

AFAIK the 2PH/s KNC have gone solo and taken their miners with them.
Someone has linked the 1N....PaUWseX to a KNC wallet address, so it looks like they were KNC as well.
All gone solo or elsewhere now.

We all gotta buy more kit to compensate :-)

[Bitkoinzz]

Received two of my S1s this evening and they are hashing away (both connected to a new RM1000)

One of them is giving the following status. Tried restarting. It's good at first but then reverts to below in a few minutes:

xooooooo oooooooo oooooooo oooooooo
oooooooo oooooooo oooooooo oooooooo

Temperatures are at 45C and 42C respectively and fan is running fine I see.

Is the x a cause for concern? Its hashing at 190.09 (OC-ed)

No, the xs are fine. Mine all tend to that over time, but they've been running steady at 200GH/s for a month.

Just reboot once or twice and it will settle down and stabilize. Sometimes they go to X when they get hot too

[flounderella]

Received two of my S1s this evening and they are hashing away (both connected to a new RM1000)

One of them is giving the following status. Tried restarting. It's good at first but then reverts to below in a few minutes:

xooooooo oooooooo oooooooo oooooooo
oooooooo oooooooo oooooooo oooooooo

Temperatures are at 45C and 42C respectively and fan is running fine I see.

Is the x a cause for concern? Its hashing at 190.09 (OC-ed)

No, the xs are fine. Mine all tend to that over time, but they've been running steady at 200GH/s for a month.

Cool, thanks

What's a reasonable level of HW errors when OC. Does this look more or less in line:




Edit: I played about with the clock frequency. Looks like it runs more stable with lesser HW errors at 393 and still hashes at approx 200gh

[flounderella]

Received two of my S1s this evening and they are hashing away (both connected to a new RM1000)

One of them is giving the following status. Tried restarting. It's good at first but then reverts to below in a few minutes:

xooooooo oooooooo oooooooo oooooooo
oooooooo oooooooo oooooooo oooooooo

Temperatures are at 45C and 42C respectively and fan is running fine I see.

Is the x a cause for concern? Its hashing at 190.09 (OC-ed)

No, the xs are fine. Mine all tend to that over time, but they've been running steady at 200GH/s for a month.

Just reboot once or twice and it will settle down and stabilize. Sometimes they go to X when they get hot too

Just doing that, tx

[S4VV4S]

Overpriced

Compared to what?

I think that it will be verry difficult to have ROI with this price

Well last jump on difficulty was 11% at that ratio is a good deal

Juan speak the truth.
Did you order all the S2 and that's why their all sold out?
Be honest.

[flounderella]

Overpriced

Compared to what?

I think that it will be verry difficult to have ROI with this price

Well last jump on difficulty was 11% at that ratio is a good deal

Juan speak the truth.
Did you order all the S2 and that's why their all sold out?
Be honest.

LOL

[guitarphil]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.   

[ionux]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.   

Nope, mine smells like freshly baked bitcoins. 

[kendog77]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.  

Ants do tend to give off a pretty bad smell when running.

Hopefully it's harmless and Bitmain didn't use anything that would give off harmful fumes given the completely exposed caseless design of the Ants.

Having said that, I'm not sure I would want to run Ants in an enclosed room that didn't have a constant supply of fresh air.

[Littleshop]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.  

My guess, you also broke in a new (low cost?) power supply at the same time as your new Antminer.  It is the power supply.  I have not noticed a smell coming from any of mine until I put on a NEW power supply.  

[guitarphil]

I'm using a corsair 500w power supply.  One thing I did change last night was that I was running the pci-e off 1 daisy chain, it has 2 connectors.  I had ordered a molex to pci-e connector so I switched one pci-e connector on the units to one powered by 2 molex connectors.  Its probably safer like that.  Overall the unit is running very nice, I sold my scrypt mining setup and have more ants on the way.  

[flounderella]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.  

Yep there's a normal "electronics" smell for the first 6-8 hours; just keep the room well ventilated and it will go away.

If its too bad, check the power supply and cables.

[mdude77]

Anyone having really bad smells from the antminers? I had one running in my game room, and I got a horrible headache, could be cheap glue or something??  These things are going in my garage as soon as I have some wireless antennas.  Probably breathing in some mercury/glue mix.  

Yep there's a normal "electronics" smell for the first 6-8 hours; just keep the room well ventilated and it will go away.

That's the "new computer" smell.  It's a lot like the "new car" smell.  Computer geeks like it (to an extent), it means there's new equipment around.

M

[flounderella]

Just wanted to share an update on the 2 ants I received yesterday from bitmain, in case anyone wants to compare general stats... may be useful for you.


* Been running for 12+ hours now, clocked at 393 freq and hashing away at an average of 200GH each and I see 0.02962084 BTC at Eligius.

* Got an "x"  on one at 400 freq but went away. Not sure if it was lowering the clock to 393 that did it or multiple reboots. No "x" at the moment. HW errors went down at 393. Now averaging as - Ant 1: 0.43% and Ant 2: 0.26%.

* Temperatures are Ant1: 46C/41C and Ant2: 41C/44C. Have a Honeywell box fan pointed at them. Room temperature is 82F but these are near the window which is open and its 52F outside. The stock fans on the Ants running around 2100 rpm

Waiting for another to deliver on Monday.

The two ants running on an RM1000. I know I know PSU is upside down but it seems to be venting better this way