ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 141.

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: aarons6 on March 18, 2015, 04:44:33 PM

Quote from: adaseb on March 18, 2015, 09:45:06 AM

So looking back at all the Bitmain releases in the past. It seems if you have free or cheap electricity the only miner that would of got ROI and made you some profit is the Antminer S1.

The S2 / S3 would of been getting barely ROI right at the moment.

The S4 / S5 not even close.

This is assuming one pays retail.

dont know how you did your math, but my 2 s3s that i paid 1.36 btc for have nearly made 4btc. sounds like a profit to me.

on top of that, those s3s have a few months left on them.. probably another 1.5btc.
they also funded the purchase of s5.. free of charge to me.

That seems unlikely. Even if you ran them at 500GH/s@400W and started mining with 1TH/s on August 1st, with no pool fees and 100% luck you'd only be at 3.34BTC returned. If you don't pay for power you've made a decent bit of coin, but if you actually have to pay an average rate for the 4400kWh you'd use that would eat up a whole lot of that profit. I'm sure you've still hit breakeven unless you're paying >$0.20/kWh and are now in the profit, but for most people it's still pretty marginal.

cryptoglance

sr. member

Activity: 298

Merit: 250

Quote from: dogie on March 18, 2015, 03:56:20 PM

Quote from: cryptoglance on March 18, 2015, 02:19:53 PM

Cheers Bitmain! Thanks for making the Antminer so easy to work with.

That's the beauty of APIs

Makes it so easy for systems to talk to each other.

Some ASIC manufactures have customized the default cgminer API. Makes it really difficult to manage a code base with exceptions everywhere to handle those API changes.

Quote from: vabchgent on March 18, 2015, 04:06:10 PM

Here goes the endorsement
I use cryptoglance - Works with a lot of pools and miners looks good (computer free and cell app-Cell app cost 99C thru the store well worth it) - It is fully supported by user cryptoglance. You have a problem you wont have one for long if you let them know.

Thanks vabchgent!

soy

legendary

Activity: 1428

Merit: 1013

Interesting. I went to buy an S5. Delayed a bit and had to try again. Price went up in terms of Bitcoins as the value was dropping. So, I quickly sent the increased BTC amount from Coinbase and it shows completed. But, on the Bitmain website the purchase shows expired!

The order shows created at 2015-03-18 17:55:10.0 on Bitmain. Coinbase shows completed at March 18, 2015 13:57 EDT.

I believe I made the purchase within a couple of minutes of observing the increased price.

And I've already bought the power supplies.

Anyone had any experience getting a btc refund from Bitmain? These aren't shipping until March 30 and I expect Bitcoin to take a spring rise - on the other hand buying now and knowing the sale when thru would allow timely preparation.

aarons6

legendary

Activity: 1736

Merit: 1006

Quote from: adaseb on March 18, 2015, 09:45:06 AM

So looking back at all the Bitmain releases in the past. It seems if you have free or cheap electricity the only miner that would of got ROI and made you some profit is the Antminer S1.

The S2 / S3 would of been getting barely ROI right at the moment.

The S4 / S5 not even close.

This is assuming one pays retail.

dont know how you did your math, but my 2 s3s that i paid 1.36 btc for have nearly made 4btc. sounds like a profit to me.

on top of that, those s3s have a few months left on them.. probably another 1.5btc.
they also funded the purchase of s5.. free of charge to me.

vabchgent

sr. member

Activity: 840

Merit: 251

Quote from: cryptoglance on March 18, 2015, 02:19:53 PM

Quote from: MyRig on March 15, 2015, 08:11:53 AM

Also, Bitmain does not endorse any third party solutions, however, CryptoGlance is a nice status reporting system Yoshi even uses time to time as well as M's Miner. (Both solution works for any CGMINER API enabled Bitcoin Miners.

Cheers Bitmain! Thanks for making the Antminer so easy to work with.

Here goes the endorsement
I use cryptoglance - Works with a lot of pools and miners looks good (computer free and cell app-Cell app cost 99C thru the store well worth it) - It is fully supported by user cryptoglance. You have a problem you wont have one for long if you let them know.

vabchgent

sr. member

Activity: 840

Merit: 251

Quote from: dogie on March 18, 2015, 12:09:28 PM

Quote from: vabchgent on March 18, 2015, 11:25:51 AM

@dogie @Bitmainwarranty
Looks like everyone is happy with Bitmain right now.

Can you guys have a look at the firmware on The S5 looks like extremely high reject rates. The S4 firmware seems to have fixed the S4's problem. But the S5 seems to be doing the same thing on westhash and ban.I have tried all sorts of settings and configurations same results. Thanks in advance

Can you post a screenshot of S5 side and pool side of what it looks like?

@dogie Give me some time but yes ASAP. Thanks

dogie

legendary

Activity: 1666

Merit: 1185

dogiecoin.com

Quote from: cryptoglance on March 18, 2015, 02:19:53 PM

Quote from: MyRig on March 15, 2015, 08:11:53 AM

Also, Bitmain does not endorse any third party solutions, however, CryptoGlance is a nice status reporting system Yoshi even uses time to time as well as M's Miner. (Both solution works for any CGMINER API enabled Bitcoin Miners.

Cheers Bitmain! Thanks for making the Antminer so easy to work with.

That's the beauty of APIs

Makes it so easy for systems to talk to each other.

cryptoglance

sr. member

Activity: 298

Merit: 250

Quote from: MyRig on March 15, 2015, 08:11:53 AM

Also, Bitmain does not endorse any third party solutions, however, CryptoGlance is a nice status reporting system Yoshi even uses time to time as well as M's Miner. (Both solution works for any CGMINER API enabled Bitcoin Miners.

Cheers Bitmain! Thanks for making the Antminer so easy to work with.

soy

legendary

Activity: 1428

Merit: 1013

Darn, was about to put the hammer down on an S5, waited while a Bitcoin-QT picked up 12 hours, did a bit of work, went to buy and BAM, the new low btc value drove up the btc cost.

dogie

legendary

Activity: 1666

Merit: 1185

dogiecoin.com

Quote from: vabchgent on March 18, 2015, 11:25:51 AM

@dogie @Bitmainwarranty
Looks like everyone is happy with Bitmain right now.

Can you guys have a look at the firmware on The S5 looks like extremely high reject rates. The S4 firmware seems to have fixed the S4's problem. But the S5 seems to be doing the same thing on westhash and ban.I have tried all sorts of settings and configurations same results. Thanks in advance

Can you post a screenshot of S5 side and pool side of what it looks like?

BitLeafClover

member

Activity: 103

Merit: 10

Quote from: Xian01 on March 18, 2015, 11:11:01 AM

Quote from: BitLeafClover on March 18, 2015, 11:06:00 AM

I lost out on ROI, asked for compensation, was send 20 mBTC, some stickers and a t-shirt.

How many BTC were you able to mine with the stickers and t-shirt ?

Everybody knows SHA256 is t-shirt and sticker resistant.

[ANN] Launching new high tech coin: TShirtAndStickerCoin. Find it on the exchanges: XTSSC! Mining hardware sold exclusively by Bitmain.

Mikestang

legendary

Activity: 1274

Merit: 1000

Quote from: Xian01 on March 18, 2015, 11:11:01 AM

Quote from: BitLeafClover on March 18, 2015, 11:06:00 AM

I lost out on ROI, asked for compensation, was send 20 mBTC, some stickers and a t-shirt.

How many BTC were you able to mine with the stickers and t-shirt ?

I think they expected him to resell them and make up some of his lost ROI. Roll Eyes

vabchgent

sr. member

Activity: 840

Merit: 251

@dogie @Bitmainwarranty
Looks like everyone is happy with Bitmain right now.

Can you guys have a look at the firmware on The S5 looks like extremely high reject rates. The S4 firmware seems to have fixed the S4's problem. But the S5 seems to be doing the same thing on westhash and ban.I have tried all sorts of settings and configurations same results. Thanks in advance

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: BitLeafClover on March 18, 2015, 11:06:00 AM

I lost out on ROI, asked for compensation, was send 20 mBTC, some stickers and a t-shirt.

How many BTC were you able to mine with the stickers and t-shirt ?

BitLeafClover

member

Activity: 103

Merit: 10

Quote from: adaseb on March 18, 2015, 09:45:06 AM

So looking back at all the Bitmain releases in the past. It seems if you have free or cheap electricity the only miner that would of got ROI and made you some profit is the Antminer S1.

The S2 / S3 would of been getting barely ROI right at the moment.

The S4 / S5 not even close.

This is assuming one pays retail.

PSA - this is also assuming that they send you working miners to begin with. Please see my thread:

https://bitcointalk.org/index.php?topic=994874.0;topicseen

TL;DR Bitmain mailed me two broken miners in January. I sent them in for repairs 3 times, which took over a month. I lost out on ROI, asked for compensation, was send 20 mBTC, some stickers and a t-shirt.

adaseb

legendary

Activity: 3808

Merit: 1723

So looking back at all the Bitmain releases in the past. It seems if you have free or cheap electricity the only miner that would of got ROI and made you some profit is the Antminer S1.

The S2 / S3 would of been getting barely ROI right at the moment.

The S4 / S5 not even close.

This is assuming one pays retail.

sidehack

legendary

Activity: 3374

Merit: 1859

Curmudgeonly hardware guy

I should have seen that price drop coming and warned everyone. Whenever we take in large orders or invoices paid in coin, the exchange rate always plummets immediately after. Every single time. It's a curse. So yesterday we took in something like 15BTC on one invoice, of course it drops overnight.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Coins dropped to 274 overnight. So do we get a further price drop ? Not yet still 416 shipped to NJ,USA

Only thing that is good new is Diff dropping about-2%

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: TrevorS on March 18, 2015, 05:46:28 AM

And your point is?

Perhaps mining is hopeless? Well may be, but if the mining gear still holds possibility for the small scale miner, it's not unlikely the small scale miner might give it a shot?

In the current marketplace mining is profitable.

TrevorS

sr. member

Activity: 1050

Merit: 377

I'm thinking a mere three month ROI is wishful thinking! However, your point is?

Perhaps mining is hopeless? Well, may be, but if the mining gear still holds possibility for the small scale miner, it's not unlikely the small scale miner might give it a shot? Is your intent to totally discredit the possibilities of such miners? If so, then you've totally discredited the distributed nature of the BTC Blockchain (ie. noncentralized). Just what is it that BTC pretends towards? There's a big difference between some vague ideality and true reality. What is the true advantage of BTC?

Topic: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 141. (Read 451266 times)