ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH

[Mudbankkeith]

some of the 2000 still for sale?   

[notlist3d]

There's a bit of a filip in BTC price on, so ya'all looking to get some of these better be quick before bitmain put the price up!

I would be highly surprised if they raise it again.   There is just a point people will not buy, or kills sales.  

I think they have reached their "happy place" on price with current BTC price and expect to see it sit around current.  Again all my guess could be wrong.

It was surprising when it rose from $320 to $340, then even more surprising when it rose from $340 to $360. But who'd have thought they'd raise it again from $360 to $378?
And don't forget, bitmain have no shame at all in changing (raising) the price several times in a matter of hours .... let alone any bigger timespan. So take to your confort zone of believing they are in the so called happy place on your own (and at your peril!).

I'm going to guess they don't.  Again I could be wrong.  

We should get a good sense soon though.  We hit a decent percent up on BTC value.  And China will be working time in not long so I would guess we know early hour's of China time.

Don't want to gloat over this, but I told you so! Price is now $399

I really am surprised.  I honestly did not think they would do this again.

I guess it shows they are basing it of of how many BTC they think it will mine, seems FIAT changes and does make them more cash.   Surprising move in my mind.

[pekatete]

I really am surprised.  I honestly did not think they would do this again.

I guess it shows they are basing it of of how many BTC they think it will mine, seems FIAT changes and does make them more cash.   Surprising move in my mind.

bitmain are a real business and they have their numbers worked out pretty well (or have some good brains behind their money), so if you want to make any analysis on their possible move(s) it better be based on empirical evidence (not an un-informed hunch) or sound business logic (even both plus many others!). Unlike some bitcoin chip fabricating ventures, they seem to have got some kind of balance and (presumably) use the home mining market as an outlet for the gear they need to decomission (or as a testbed) as clearly it is more profitable by magnitudes to self mine.
Anyway, your memory probably let you down on this one as bitmain have previously raised the price (of the S5 no other ...) more than once in a single day.

[dog1965]

well as for business the can shove it up the furthest part of there A** and see how it mines then !

[dog1965]

[notlist3d]

Looking at it from BTC it was not a huge raise - 1.363 BTC from 1.326 BTC . Which equals 0.037 looking at it this way it does not look quite as bad.

Still stinks for any raise but I don't think that is anyone's profit margin lost as far as that jump.

[marvykkio]

the only solution is not to buy anything, so they learn to raise prices, so I suppose that if the price goes up to $ 1,000 btc, an S5 will pay you $ 580?


I still wanted to buy 4 miner s5, but not worth such price miner, shipping price, price customs Italian, today a single s5 cost me $ 550. I do not buy anything, even sell anything.

[notlist3d]

the only solution is not to buy anything, so they learn to raise prices, so I suppose that if the price goes up to $ 1,000 btc, an S5 will pay you $ 580?


I still wanted to buy 4 miner s5, but not worth such price miner, shipping price, price customs Italian, today a single s5 cost me $ 550. I do not buy anything, even sell anything.

You can't blame Bitmain on customs though.   That is the country's law's.    Bitmain did not put a customs up in your case Italy.

They control price of miner unit.  But shipping and customs are really something they don't control or make money off of.

[marvykkio]

I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me

[dogie]

I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me

Its tied to $/btc... Are you going to get annoyed that Bitstamp and Coinbase raised their prices for 1btc?

[pekatete]

Watch that BTC rate ........ now S5 up to $439
You thought $399 was tight .......?! (who needs to hedge with LTC when you can simply hoard S5's?)

[dog1965]

Watch that BTC rate ........ now S5 up to $439
You thought $399 was tight .......?! (who needs to hedge with LTC when you can simply hoard S5's?)

GO RAM IT UP YOU A** SHI*MAIN OH I MEANT BITMAIN !

The S5 has that major TEMP BUG the one that sends the S5 into meltdown when you lose your internet connection !

They didn't even fix the firmware for that yet "if its not hardware related" and now they are jacking the price up !!  FU BITMAIN!

I cant image how a crappy high overpriced S7 will be. If there ever is one there going broke stop stealing Bitmain !

[TheRealSteve]

dog1965: well, if you don't like the miner, then the price is moot
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342
March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21)
Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89)

[Tupsu]

dog1965: well, if you don't like the miner, then the price is moot
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342
March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21)
Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89)

I bought my first 12 x Antminer S5   for  5016 USD ( 15.253 BTC ) + shipping 2.071  BTC + 20% VAT

418 USD + 0.173BTC shipping + 20% VAT per miner

Order Date   2014-12-23 
shipped   2014-12-27

Today, they are already over 6 months mined.

Must be crazy, to buy the same "shitminer" six months later,  for the same price or even more  expensively.

[bgibso01]

I do not blame bitmain for customs, but this increase in prices for hardware already exists just to make money, it seems excessive, and do not sit well with me

Its tied to $/btc... Are you going to get annoyed that Bitstamp and Coinbase raised their prices for 1btc?

So why did the price not go down when btc was down?  IIRC they actually raised the price to $340.

[jjiimm_64]

dog1965: well, if you don't like the miner, then the price is moot
Antminer S5 Batch 1 sold for $419 at a time when USD/BTC was at 251.6, so BTC1.665342
March 21st was the cheapest for S5 Batch 5 in archive.org for both USD and BTC at $340 / BTC1.33 (USD/BTC @ 293.39 * 1.33 = $390.21)
Currently: $439 / BTC1.491 (USD/BTC @ 294.42 * 1.491 = $438.89)

I bought my first 12 x Antminer S5   for  5016 USD ( 15.253 BTC ) + shipping 2.071  BTC + 20% VAT

418 USD + 0.173BTC shipping + 20% VAT per miner

Order Date   2014-12-23 
shipped   2014-12-27

Today, they are already over 6 months mined.

Must be crazy, to buy the same "shitminer" six months later,  for the same price or even more  expensively.

"bitmain keeps raising the price of S5's to keep the number of bitcoins the same...  2 weeks ago 14s5's would cost about 21btc...  they still do"


Yah, this is bullshit.. I would have pulled the trigger today if the USD price was the same as it was 2 weeks ago.. i think about 380

[aarons6]

they are probably using them.. so they calculate the worth as how much they will lose if they sell it.

[Crypto84]

they just bumped the price on the S4+ too. now its $1170 before shipping. was $994 like 2 days go. i think it ridiculous that they expect us to wait 6-8 months to ROI (if they last that long) and yet they only warranty them for 3 months. ROI should be as long as the warranty  is! total BS.

[aarons6]

they just bumped the price on the S4+ too. now its $1170 before shipping. was $994 like 2 days go. i think it ridiculous that they expect us to wait 6-8 months to ROI (if they last that long) and yet they only warranty them for 3 months. ROI should be as long as the warranty  is! total BS.

it is, it seems like they dont want you to make a ROI so they keep the price just high enough to get your initial investment at the current btc/usd price.


i paid 1.259 btc for mine.. i would buy one again at that price.. but no higher..

sucks too cause i want another one and i almost have enough now.

[jjiimm_64]

but people are still buying them at this price... so I guess I cant fault bitmain for pricing...  as long as we pay, they will charge what they can!!

https://blockchain.info/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V