mate, go advertise some else were, they have may batch and april, here today you order, and in 2 days they ship your miner, go hold your money in a product, that you are not sure you will get, or when you will get it.
so when someone will say deliver upuon order, no pre orders, come and say that .
Topic: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip - page 105. (Read 368330 times)
February 09, 2014, 02:05:59 PM
February 09, 2014, 01:17:00 PM
Welcome to mining.
The first question you need to ask yourself is how much Bitcoin per day you want. The more Bitcoin you want, the more you will need to spend on hardware.
The second thing is to flip your miners on E-bay as soon as they can't keep up. I have pretty well broke even on hardware so far.
Once you have some kind of plan that works for you then you can start increasing how much Bitcoin per day you want.
Miners with an attitude of "I want enough Bitcoin to allow me to do nothing all day" don't get very far.
Greed and laziness are not conducive to profitable mining.
+1
If you want to make money, you have to spend money - and time!
Thank you both for your suggestions.
I am not really sure, really: aside from the clear feeling that "I am late", I am trying to make some sense of what I see.
The U1 was just really a trial to see what does it take, how does it feel ...
Obviously, running a PC or even a laptop so that a 2W USB key does its job makes little sense. I would need to get quite a few more of these things, but then you realize that the cost/GHs is much higher than on the S1, which is also to be expected. That's when I started making some calculations and things got complicated, as I tried to explain.
I understand this is a speculative investment, so i understand there's a noticeable risk attached to it, but being barely able to break even doesn't seem quite attractive. True, I could sell the HW on eBay as soon as it becomes obsolete and ... hope that somebody that can't use a calculator buys it.
Still, it is scary that two online calculators provide such glaring different results.
Also, I thought: OK, if I look at http://bitcoinwisdom.com/bitcoin/calculator, the Bitmain S1 is not a good option, but the Teraminer IV will give me a huge return on investment. Nice ... but wait, the machines are sold out and either you spend a fortune on eBay, or you wait till May/June for a new batch. But if I start mining in May/June, that machine too becomes not profitable.
You realize that not being able to break even on a $6000 machine is no fun ...
February 09, 2014, 12:48:04 PM
Hi everyone,
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
Welcome to mining.
The first question you need to ask yourself is how much Bitcoin per day you want. The more Bitcoin you want, the more you will need to spend on hardware.
The second thing is to flip your miners on E-bay as soon as they can't keep up. I have pretty well broke even on hardware so far.
Once you have some kind of plan that works for you then you can start increasing how much Bitcoin per day you want.
Miners with an attitude of "I want enough Bitcoin to allow me to do nothing all day" don't get very far.
Greed and laziness are not conducive to profitable mining.
+1
If you want to make money, you have to spend money - and time!
February 09, 2014, 11:55:51 AM
Hi everyone,
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
Welcome to mining.
The first question you need to ask yourself is how much Bitcoin per day you want. The more Bitcoin you want, the more you will need to spend on hardware.
The second thing is to flip your miners on E-bay as soon as they can't keep up. I have pretty well broke even on hardware so far.
Once you have some kind of plan that works for you then you can start increasing how much Bitcoin per day you want.
Miners with an attitude of "I want enough Bitcoin to allow me to do nothing all day" don't get very far.
Greed and laziness are not conducive to profitable mining.
February 09, 2014, 11:13:06 AM
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
Change number 3 to 25%, or even 20... make sure to change the elec and wattage...
February 09, 2014, 11:08:53 AM
Hi everyone,
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
I was wondering if anyone could double check my estimates, because I am having some conflicting results and I can't quite figure out where am I wrong.
So, I have one AntMiner U1 and have been mining at 1.6GHs for some time.
This gives me, on average, about 0.00035 BTC/Day.
That means that at today's conditions, I'll get 1BTC in 2800 days. Obviously this won't happen since the difficulty will increase and all that.
So then I wonder: should I buy an S1?
Let's say, for simplicity, that the rate is 100x that of the U1. And let's forget about electricity costs for a moment: at today's conditions, this means I'll have 1BTC in 28 days. Let's make it 30days, for simplicity.
The S1 costs 1.45BTC, so the break-even will be in 45days.
Again though, the difficulty will be increasing, so it won't exactly be 45 days but ... let's see what the calculators say.
I will use 1btc = 700usd and cost of hw =1200usd
1) http://www.bitcoinx.com/profit/
Tells me I'll break even in 55 days. Seems reasonable.
In 1 year the expected profits are 5200usd. NOt bad.
2) http://www.vnbitcoin.org/bitcoincalculator.php
According to this guy, I will never breakeven: by June, I will still not be even, but the electricity costs will be higher than the benefits.
3) http://bitcoinwisdom.com/bitcoin/calculator
This one says more or less the same thing as the one above: in half year the machine will stop being profitable, and by then, I won't have broken even.
4) http://tpbitcalc.appspot.com/
This one, on the other end, matches with 1> in less than 2 months I'd have broken even.
http://tpbitcalc.appspot.com/?difficulty=2621404453.0646&hashrate=180000&exchangerate=700.00&bitcoinsperblock=25.00&rigcost=1200.00&powerconsumption=360.00&powercost=0.10&investmentperiod=160
So, I ask you ... what should I believe?
Purchasing an S1 just to break even is not very attractive to begin with. It doesn't seem that one would be able to make much money anyway, but ending up loosing most of the investment is a bit "annoying" to put it mildly...
Your thoughts?
February 09, 2014, 10:12:48 AM
It comes with CGMiner 3.12.0-1 now.
February 09, 2014, 09:50:24 AM
Any improvements?
Can't really say yet at this point. Seems the "Miner Status" screen refreshes/loads a bit differently (line by line) with the new firmware, otherwise it's the same.
February 09, 2014, 09:45:10 AM
Any improvements?
Can't really say yet at this point. Seems the "Miner Status" screen refreshes/loads a bit differently (line by line) with the new firmware, otherwise it's the same.
February 09, 2014, 09:24:12 AM
Released about 6 hours ago. No word on Changelog.
Flashed my 3 non-overclocked AntMiners for starters. Seem to work.
Any improvements?
February 09, 2014, 09:10:22 AM
Released about 6 hours ago. No word on Changelog.
Flashed my 3 non-overclocked AntMiners for starters. Seem to work.
February 09, 2014, 09:01:05 AM
Noticed that there's a new version of AntMiner S1 firmware available on Github:
https://github.com/AntMiner/AntGen1/tree/master/firmware
Released about 6 hours ago. No word on Changelog.
https://github.com/AntMiner/AntGen1/tree/master/firmware
Released about 6 hours ago. No word on Changelog.
February 09, 2014, 05:44:13 AM
anybody knows when the 8th Feb. batch will go out?
They have already started shipping out.
February 09, 2014, 05:05:34 AM
anybody knows when the 8th Feb. batch will go out?
Now just received an e-mail with tracking information. My order is shipped on 8th of Feb.
Thanks!
February 09, 2014, 02:59:13 AM
anybody knows when the 8th Feb. batch will go out?
February 08, 2014, 07:25:47 PM
can someone point me to the location of temp sensor?
In the midlee of the pcb, its little chip alone in the middle of the blade. February 08, 2014, 07:16:02 PM
i wonder, if they start to work again, cause i write a mail to them, and i didn't get any answer.
February 08, 2014, 02:25:35 PM
anyone knows, how the boards are connected to the o.wrt controller board?
would be interestnig to drive multiple blades with only one host (TH anyone)
would be interestnig to drive multiple blades with only one host (TH anyone)
February 08, 2014, 05:01:38 AM
Hi,
may i check with you all, Antminer support which mining pool ?
The antminers use CGMiner, so you can use any pool that supports it.may i check with you all, Antminer support which mining pool ?
thansk you for the info,
February 08, 2014, 04:37:16 AM
Hi,
may i check with you all, Antminer support which mining pool ?
The antminers use CGMiner, so you can use any pool that supports it. may i check with you all, Antminer support which mining pool ?
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