antminer s6 4500gh/s 1000watts

[Rabinovitch]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know. 

[dmwardjr]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know. 

I'm sorry, but I just don't see Bitmain selling anything or going out of business.  I have word of too many things coming to suggest otherwise.  I'm not revealing my source.  But trust me.  More new rigs are coming very soon.

[notlist3d]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know. 

I'm sorry, but I just don't see Bitmain selling anything or going out of business.  I have word of too many things coming to suggest otherwise.  I'm not revealing my source.  But trust me.  More new rigs are coming very soon.

I don't see them going  out of business either.  They seem very good at running a business successful.  I think with price of BTC it might slow down releases as going efficient makes sense.

But I dont see anything close to them going out of business.

[dmwardjr]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know.  

I'm sorry, but I just don't see Bitmain selling anything or going out of business.  I have word of too many things coming to suggest otherwise.  I'm not revealing my source.  But trust me.  More new rigs are coming very soon.

I don't see them going  out of business either.  They seem very good at running a business successful.  I think with price of BTC it might slow down releases as going efficient makes sense.

But I dont see anything close to them going out of business.

I can see your logic in slowing down releases.  However, lets not forget competition can encourage releases.

PS - My notifications are not working for anything on bitcointalk.org.  Is anyone else having this problem?

[notlist3d]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know.  

I'm sorry, but I just don't see Bitmain selling anything or going out of business.  I have word of too many things coming to suggest otherwise.  I'm not revealing my source.  But trust me.  More new rigs are coming very soon.

I don't see them going  out of business either.  They seem very good at running a business successful.  I think with price of BTC it might slow down releases as going efficient makes sense.

But I dont see anything close to them going out of business.

I can see your logic in slowing down releases.  However, lets not forget competition can encourage releases.

PS - My notifications are not working for anything on bitcointalk.org.  Is anyone else having this problem?

I agree it is still an arms race between the top manufactures.  First one with next gen will have a good chance of becoming frontrunner unless another's chip is even better.  

I just think if BTC was 1000 per we would be moving lighting quick.  With 250ish we are moving at a little slower pace, and it allows for extra mining with current gen.  And to be fair some of current gen underclocks pretty darn well.

[dmwardjr]

I don't know. But if they lost their trust to BTC (or doesn't see the profit anymore), they can sell out all their HW and go out of business. Probably they also can sell the design of their chips... I don't know.  

I'm sorry, but I just don't see Bitmain selling anything or going out of business.  I have word of too many things coming to suggest otherwise.  I'm not revealing my source.  But trust me.  More new rigs are coming very soon.

I don't see them going  out of business either.  They seem very good at running a business successful.  I think with price of BTC it might slow down releases as going efficient makes sense.

But I dont see anything close to them going out of business.

I can see your logic in slowing down releases.  However, lets not forget competition can encourage releases.

PS - My notifications are not working for anything on bitcointalk.org.  Is anyone else having this problem?

I agree it is still an arms race between the top manufactures.  First one with next gen will have a good chance of becoming frontrunner unless another's chip is even better.  

I just think if BTC was 1000 per we would be moving lighting quick.  With 250ish we are moving at a little slower pace, and it allows for extra mining with current gen.  And to be fair some of current gen underclocks pretty darn well.

Again, I'm not alerted of a new post.  Sorry for the delay.

I'm actually happy we do not have $1,000.00 per coin or even $350.00 per coin right now for that matter.  I'm fine with it after I add another 40 TH/s.  he he he he he

This low price of BTC is offering me the opportunity to invest my own money I make each quarter into more rigs.  I'm actually waiting till the last week of May or first week of June to dump about $15,000 to $20,000 on more rigs.  I should be getting my power upgraded at the house around that time as well from 200 amps to 400 amps.  I expect new rigs out by this time.  I'm not saying what but I know some new rigs are coming out very soon.

[muhrohmat]

i do apreciate you preserverance in mining with hardware i mean takes watts in europe i dont know in us but even ten teh investment takes like months to get back and by the btc soo low its can be even more time to get like 1000 dollars i mean a 40Ths might get you 20 dollars per day i dont know if its more but lets like 50 days for roi do say if im wrong

[philipma1957]

We can put this thread to sleep or on vacation until august as we won't be seeing the s-6 until then.  The decision from bitmaintech to sell the s4+ means months before we see an s6.

[Prelude]

We can put this thread to sleep or on vacation until august as we won't be seeing the s-6 until then.  The decision from bitmaintech to sell the s4+ means months before we see an s6.

What it likely means is that they just finished replacing their S4+ farm with S6 miners. Now they sell us their used "dusty" S4+, and mine with S6 for a few months before selling them to us.

[muhrohmat]

vortex2 you prob get like 4 dollars per day and the 2500 Kw per hour means like 30 cents per hour pay and thats like 7 dollars pay per day eletrecity i mean dont you get like 3 dollars loss every day you run the S miners?

[mavericklm]

anyway this thread is more like having fun
4500gh/s 1000watts is more like winter between 2015 and 2016
and not the s6!!!

[dmwardjr]

i do apreciate you preserverance in mining with hardware i mean takes watts in europe i dont know in us but even ten teh investment takes like months to get back and by the btc soo low its can be even more time to get like 1000 dollars i mean a 40Ths might get you 20 dollars per day i dont know if its more but lets like 50 days for roi do say if im wrong

28,800 watts total going 24/7:  This includes exhaust fan, switch, router, 3 other box fans

At 10.6 cents per kWH during the summer:

Cost Per Hour:   $3.052800
Cost Per Day:   $73.267200
Cost Per Week:   $512.870
Cost Per Month:   $2,051.48
Cost Per Year:   $26,669.26

At 12.1 cents per kWH during the summer:

Cost Per Hour:   $3.484800
Cost Per Day:   $83.635200
Cost Per Week:   $585.446
Cost Per Month:   $2,341.79
Cost Per Year:   $30,443.21

I'm under clocked to approximately 40.2 TH/s average:

With difficulty at 47,610,564,513 and BTC price at $228.044:

BTC per hour:               0.01769      $      4.034
BTC per day:                0.4246        $     96.82
BTC per week:              2.972          $   677.70
BTC per month:           12.74           $ 2,905.00

So, [With present price of bitcoin @ $228.044] I would be fortunate to make $560.00 in a month during the summer and $900.00 in a month during the winter.

If I moved to Washington State to 3.4 cents per kWH after all taxes and fees:

Cost Per Hour:   $0.979200
Cost Per Day:   $23.500800
Cost Per Week:   $164.506
Cost Per Month:   $658.02
Cost Per Year:   $8,554.29

That would be approximately $2,250.00 profit in one month at present difficulty and price of BTC.  That's quite a big difference.  That is approximately a 420% increase in profit between there and my present location.

[notlist3d]

i do apreciate you preserverance in mining with hardware i mean takes watts in europe i dont know in us but even ten teh investment takes like months to get back and by the btc soo low its can be even more time to get like 1000 dollars i mean a 40Ths might get you 20 dollars per day i dont know if its more but lets like 50 days for roi do say if im wrong

28,800 watts total going 24/7:  This includes exhaust fan, switch, router, 3 other box fans

At 10.6 cents per kWH during the summer:

Cost Per Hour:   $3.052800
Cost Per Day:   $73.267200
Cost Per Week:   $512.870
Cost Per Month:   $2,051.48
Cost Per Year:   $26,669.26

At 12.1 cents per kWH during the summer:

Cost Per Hour:   $3.484800
Cost Per Day:   $83.635200
Cost Per Week:   $585.446
Cost Per Month:   $2,341.79
Cost Per Year:   $30,443.21

I'm under clocked to approximately 40.2 TH/s average:

With difficulty at 47,610,564,513 and BTC price at $228.044:

BTC per hour:               0.01769      $      4.034
BTC per day:                0.4246        $     96.82
BTC per week:              2.972          $   677.70
BTC per month:           12.74           $ 2,905.00

So, [With present price of bitcoin @ $228.044] I would be fortunate to make $560.00 in a month during the summer and $900.00 in a month during the winter.

If I moved to Washington State to 3.4 cents per kWH after all taxes and fees:

Cost Per Hour:   $0.979200
Cost Per Day:   $23.500800
Cost Per Week:   $164.506
Cost Per Month:   $658.02
Cost Per Year:   $8,554.29

That would be approximately $2,250.00 profit in one month at present difficulty and price of BTC.  That's quite a big difference.  That is approximately a 420% increase in profit between there and my present location.

Can I ask what type of job do you do that allows you to move so far to follow electricity?

I wish I could do it, but I can't justify moving over electricity prices.

[muhrohmat]

well this acounting its very nice but in europe this would not be possible becuse the watts do take like 1K = 12 cents per hour i mean its very expencive tomine in europe well i do wish good luck to block finders of btc becuse i do need those transactions to ocur heheh

[philipma1957]

i do apreciate you preserverance in mining with hardware i mean takes watts in europe i dont know in us but even ten teh investment takes like months to get back and by the btc soo low its can be even more time to get like 1000 dollars i mean a 40Ths might get you 20 dollars per day i dont know if its more but lets like 50 days for roi do say if im wrong

28,800 watts total going 24/7:  This includes exhaust fan, switch, router, 3 other box fans

At 10.6 cents per kWH during the summer:

Cost Per Hour:   $3.052800
Cost Per Day:   $73.267200
Cost Per Week:   $512.870
Cost Per Month:   $2,051.48
Cost Per Year:   $26,669.26

At 12.1 cents per kWH during the summer:

Cost Per Hour:   $3.484800
Cost Per Day:   $83.635200
Cost Per Week:   $585.446
Cost Per Month:   $2,341.79
Cost Per Year:   $30,443.21

I'm under clocked to approximately 40.2 TH/s average:

With difficulty at 47,610,564,513 and BTC price at $228.044:

BTC per hour:               0.01769      $      4.034
BTC per day:                0.4246        $     96.82
BTC per week:              2.972          $   677.70
BTC per month:           12.74           $ 2,905.00

So, [With present price of bitcoin @ $228.044] I would be fortunate to make $560.00 in a month during the summer and $900.00 in a month during the winter.

If I moved to Washington State to 3.4 cents per kWH after all taxes and fees:

Cost Per Hour:   $0.979200
Cost Per Day:   $23.500800
Cost Per Week:   $164.506
Cost Per Month:   $658.02
Cost Per Year:   $8,554.29

That would be approximately $2,250.00 profit in one month at present difficulty and price of BTC.  That's quite a big difference.  That is approximately a 420% increase in profit between there and my present location.

Can I ask what type of job do you do that allows you to move so far to follow electricity?

I wish I could do it, but I can't justify moving over electricity prices.

Maybe he is like me retired.  If I were single I would be in Washington State as I type. 

[alh]

Even if I were single, I seriously doubt that I would "chase Bitcoin across the USA". There are other ways to make money, and have an interesting life. Having a major part of your livelihood wrapped up in Bitcoin seems like an enormous risk, and not very interesting after 5-8 years, if that long. I can't see Bitcoin as a career at all. Sure there are variety of skills you would develop, none of which require Bitcoin to develop. I would much prefer to develop skills which aren't as likely to go POOF if Bitcoin just turns into a pile of meaningless bits.

[notlist3d]

I wish someone would do the math with all costs involved.  To get 28,800 if you are thinking of running at your residence pretty much eliminates renting a house.  That is a lot of electricity and cooling gear to be installed, most landlords would not allow huge modifications for miners.

I would like to see electricity cost, cost of equipment, buying house/renting house, etc, etc.  Finding a place without electricity requirements making it hard.

I just think it will add up quick on costs but I could be wrong.

[sidehack]

Even if I were single, I seriously doubt that I would "chase Bitcoin across the USA". There are other ways to make money, and have an interesting life. Having a major part of your livelihood wrapped up in Bitcoin seems like an enormous risk, and not very interesting after 5-8 years, if that long. I can't see Bitcoin as a career at all. Sure there are variety of skills you would develop, none of which require Bitcoin to develop. I would much prefer to develop skills which aren't as likely to go POOF if Bitcoin just turns into a pile of meaningless bits.

The business I run is currently approximately built up around goods and services to support the bitcoin economy. The general skill set required relies on a knowledge of bitcoin stuff directly (as far as advice and consulting goes) but also includes a lot of general hardware knowledge, in electrical and electronic and programming and mechanical design and repair. It's very possible to have a livelihood built around the bitcoin community that is never boring and also not built around single-purpose skills. It's sorta dumb to do otherwise for exactly the reasons you mentioned.

[jonnybravo0311]

I wish someone would do the math with all costs involved.  To get 28,800 if you are thinking of running at your residence pretty much eliminates renting a house.  That is a lot of electricity and cooling gear to be installed, most landlords would not allow huge modifications for miners.

I would like to see electricity cost, cost of equipment, buying house/renting house, etc, etc.  Finding a place without electricity requirements making it hard.

I just think it will add up quick on costs but I could be wrong.

To get 28.8K you're already well above and beyond a typical home's capacity.  You're talking dedicated circuitry and wiring, upgraded service and new panels.  This is definitely in the realm of commercial at this point.  The data provided by dmwardjr just shows operating costs of a system already in place.

[notlist3d]

I wish someone would do the math with all costs involved.  To get 28,800 if you are thinking of running at your residence pretty much eliminates renting a house.  That is a lot of electricity and cooling gear to be installed, most landlords would not allow huge modifications for miners.

I would like to see electricity cost, cost of equipment, buying house/renting house, etc, etc.  Finding a place without electricity requirements making it hard.

I just think it will add up quick on costs but I could be wrong.

To get 28.8K you're already well above and beyond a typical home's capacity.  You're talking dedicated circuitry and wiring, upgraded service and new panels.  This is definitely in the realm of commercial at this point.  The data provided by dmwardjr just shows operating costs of a system already in place.

True I am wanting to see costs of one not in place.  I just think it's going to be a pretty considerable cost to get up and running.

I also think there is a decent chance you would have to commit to it and buy a house and not rent.  I just see a lot of possible expenses.