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Topic: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 273. (Read 451048 times)

legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Bitmain is offering for sale 250 unit BULK LOTS of S3's...no word on exactly how many of these 100+Ths LOTS are available.

The fucking joke is on all of us who buy hardware at ludicrous rates that has already become gravy from the vendor.  It has become crystal clear that by the time Bitmain boxes these miners to ship (which they are also profiting from!) they may as well be throwing them away but why do that when there is an entire community of people with raging hardons to overpay for them!

S5's should cost AT MOST $150USD SHIPPED! This at least would give the buyers a *chance* to turn a reasonable profit.  They just simply are not going to hand over machines that are literally printing money when the fools (us) will wait, hat in hand.

Ultimately I believe this could be the fatal blow that kills BTC but Companies like Bitmain will have long cashed out and be driving Ferrari's by then.

Those bulk lots are often sold on behalf of customers, it doesn't mean they are owned by Bitmain.

You don't have to buy at any price or at all. If you don't like the offer, you're more than free to not accept it.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
I think the next logical step for bitmain is to work hand in had with the developers of cgminer so that we can be able to switch off individual chips (that may be malfunctioning) via the webUI. Seeing the chip count per board (which can be up to 256) has gone up to 30, just shy of the S1 count by 2, despite a reasonable leap in the tech, I think the time is ripe for this kind of developement. At the moment, cgminer (or more likely their obfuscated, closed source PIC fimware) decides when to stop sending work to a chip, but I do not think it is as efficient as can be.

Also, now that bitmain have the new chip and have implemented the string design, I call upon bitmain to:
1. Provide an S3 / S1 upgrade kit to the S5
2. Start offering for sale the components of the (soon to be EOL'd S3), i.e the hashing and controller boards.

Happy XMas everyone - bitmain included!

Turning individual chips off is not a software or firmware based function, it requires expensive on PCB hardware to enable that.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
So distribution in EU from Switzerland would only encounter the extra warehousing cost from Switzerland.

Vat only becoming chargeable if they are exported to the EU.

So Bitmain or a third party could Host miners in Switzerland?

If you're moving them to Switzerland just to host, why wouldn't you just host in CN or buy cloud mining (HashNest etc)?
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
How do the S5 customers feel regarding the fact that BITMAIN is testing tons of miners on the live network right before shipping? I see a sharp rise in the difficulty right after the S5 announcement.
This is a pretty big leap in logic detective.  But let's assume they are "testing" before shipping.  As long as they ship when they say are going to (unlike BFL, KNC, etc), I have no problem with this.  I would rather they run it for a few days.  Fewer duds get shipped that way.

That was coming from a SpondooliesTech group buy organiser, of course he's going to accuse Bitmain of XYZ....

"omg miners are untested"
"omg hashrate went up, its definitely bitmain"
"omg why are you testing miners"

 Roll Eyes
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
'absolutely promising chip in world'...

this is yet another long scam by serial scammers

!!BUYERS BEWARE!!

be advised these scammers are well known to employ Multiple shills & sock puppet accounts promoting their dangerous hardware & exploitative vaporware

https://www.youtube.com/watch?v=zYMD_W_r3Fg



What is the scam? I realize that the string design is a big risk and the price is too high for current difficulty. But people should  know this and if they choose to buy that is their risk. Right?  Huh

Just ignore him. He's angry at Bitmain because an admin deleted some of his posts.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Employ a single person without an office and company to act as middleman? Not sure if it's against the law, but there's still cost of salary + cost of shipping miners to that person.
Having the miners go to EU by ship? Maybe, but you will get your miners 1 month later than everyone else.
The cost of shipping large batches of goods should be significantly lower than if you ship separate packages to separate people...

Loading up LD3 containers is always cheaper than UPS.  I am surprised Bitmain (or other suppliers) don't do this.  

By the way, I used to pay over $1,000,000 a year to UPS for shipping, so I know how low they can go.   UPS can never ship 100 shipment (with 100 customs clearances - the real hidden cost in all of this) cheaper than 1 air freight shipment with 1 customs clearance (with the same amount of goods as the 100 orders).  

Personally, I think BitMain just focuses on other things and hasn't put the energy into making this happen (which is fine if they have more pressing things).  However, if you can move weight, air freight then UPS (or whoever) to deliver in country will always be cheaper.  I havnt looked into prices lately, but our rate was about $900 for each LD3 moving 1/3 of the way around the globe.  This is for 1500 KG, so you are talking about $2.00 to ship a S5 across the world.  UPS will not move a S5 any distance for $2.00, let alone across the world.  

BitMain - I or someone else can make it happen, look into it!! Smiley

Its not in the best interests of the customer. I ran the numbers and you can fit about 200 S1s into a fully laden LD3, which is ~800-900kg. Its highly unlikely that any country will have 200 of anything going to it on the same day, so customer orders would then have to be held. Once it arrived in the destination country, it would then have to be delivered to another national warehouse, where its emptied and individual boxes are relabelled, and then reshipped. The turnaround would take 1.5-2.5 days depending on courier pickups, for the boxes to re-enter the courier network. Then, Bitmain has to pay to have them shipped a second time.

So you've said $2 per S5 for 1/3 of the way round the world.
Fixing your size estimations to actually make them fit, it becomes $6 per unit.
Fixing your destination so they actually arrive in the right country becomes $10 per unit.
Fixing your speed of delivery to match UPS becomes $20 per unit.
Having units delivered to a national warehouse, handled and relabelled becomes $26 per unit.
Then handing each unit back to an air courier once in the destination country (for the US) or by express land) becomes $40-55 per unit.
This all assumes you've got 100% occupancy and on every single day or near enough you can fill an LD3 per country.

Meanwhile, you just increased the time of delivery to the customer by 4-7 days.
hero member
Activity: 518
Merit: 500
Also, now that bitmain have the new chip and have implemented the string design, I call upon bitmain to:
1. Provide an S3 / S1 upgrade kit to the S5
...

Were you even one of us that actually got an S1 upgrade kit (before they discontinued it in fairly short time, and are quite unlikely to offer again)? It did not include the enclosure panels OR the second fan, and was only BTC0.12 cheaper than an S3 complete package. Therefore, even if your S3 was only worth $50, it would still quite likely be a better net cost on the S5 purchase than an upgrade kit, going on precedence.

Everything he said was relevant and somewhat accurate, not sure why the retaliation...

I wonder, did you even read the original post ...? You missed the bit about the S1 to S5 kit.
So, in time honoured fashion, would you care to retrospectively apply your wisom on the worth / viability of that? Again, do not say it if you have nothing to say.
legendary
Activity: 1218
Merit: 1003

May I know how You got to the price 500 USD with shipping for SP20? I would be interested to buy one if able to reach such price.
Thank You

https://bitcointalksearch.org/topic/closed-sp20-most-efficient-miner-05wgh-2-units-min-903286
full member
Activity: 238
Merit: 100
What would you guys prefer, the S5 or the SP20?


2 x ANTMINER S5 BATCH 2  with shipping in my country is  975 USD

2 x SP20 + free shipping is still 1000 USD
https://bitcointalksearch.org/topic/closed-sp20-most-efficient-miner-05wgh-2-units-min-903286

But I have to agree with the following commentary:"The best way to make money on SP20 was by waiting."

The best way to make money on SP20 was by waiting.

I got one for $814 a week ago (paid maybe 10 days ago), then there was a "christmas" deal few days later for $633 and a couple of days later-a new deal for $500
I expected just to breakeven at best all things considered, but these movements were nothing short of astonishing in speed.
Besides, miner did NOT make $314 in those 7-10 days-barely $100 (even with four days of extra profit due to paycoin rush)
Nevertheless, $500 looks like a good price now, so I am not complaining, maybe will even participate.

My point is this: I am OK with declining prices based on what usually happens (difficulty, product aging, etc), I am less OK with an extraordinary profit margin when as a miner I expect just to breakeven at best-but it is up to Spondoolies, of course, how to market their admittedly good device.


I bought my first SP20 fof 1350 USD (with shipping)+20%VAT  on September 26, 2014 Shipped  Nov 02
I bought my second SP20 fof 875 USD (with shipping)+20%VAT  on November 11  2014 Shipped Nov 27
I bought some SP20 fof 617 USD (with shipping)+20%VAT  on December 17, 2014 Shipped Dec 21  they are still in Israel, They probably come to me 29.12.2014
Today I get to buy SP20 for 500 USD (with shipping)+20%VAT they are received on 2 January?

Almost every time the price will drop even before, when I get my miners.
I do not like to buy things, the value of which will fall so fast. So I'd better wait.



May I know how You got to the price 500 USD with shipping for SP20? I would be interested to buy one if able to reach such price.
Thank You
legendary
Activity: 1736
Merit: 1006
Bitmain is offering for sale 250 unit BULK LOTS of S3's...no word on exactly how many of these 100+Ths LOTS are available.

The fucking joke is on all of us who buy hardware at ludicrous rates that has already become gravy from the vendor.  It has become crystal clear that by the time Bitmain boxes these miners to ship (which they are also profiting from!) they may as well be throwing them away but why do that when there is an entire community of people with raging hardons to overpay for them!

S5's should cost AT MOST $150USD SHIPPED! This at least would give the buyers a *chance* to turn a reasonable profit.  They just simply are not going to hand over machines that are literally printing money when the fools (us) will wait, hat in hand.

Ultimately I believe this could be the fatal blow that kills BTC but Companies like Bitmain will have long cashed out and be driving Ferrari's by then.

the s5 is 1.4btc shipped..
i dont think they will have any problems making that back.. the main question is, what will be the value of btc then..

when i got my s3s btc was 500$ now its 330$.. even tho i made almost twice as much btc on my s3s, the value wasnt exactly worth it.



legendary
Activity: 3766
Merit: 1742
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It's the same with all manufacturers and you shouldn't just bash BMT for it, the fact is, miners need testing on the live network to ensure the product is sound.

Well, also the btc testnet or even an ad-hoc coin based on sha 256 is enough for testing new asics Wink Clearly all the manufacturers are not following this path cause they are basically mining in the best period of the entire lifespan of these devices.
legendary
Activity: 980
Merit: 1040
Whether its 'testing', private deployment or in preparation of cloudmining, clearly bitmain is doing something.
https://blockchain.info/pools
IIRC, antpool used to be in the 5% neighborhood. Now they are up to 15% of the network, 3x KnC and bigger than ghash.io (read: bitfury).

The network also appears to be up by >50PH compared to last week, although its anyone's guess how much of that is paycoin miners returning to bitcoin.

sr. member
Activity: 434
Merit: 250
How do the S5 customers feel regarding the fact that BITMAIN is testing tons of miners on the live network right before shipping? I see a sharp rise in the difficulty right after the S5 announcement.

i'm going to counter this with an argument, in favour.
The fact that we see the testing of miners hit network hashrate, is a good thing for me, as it informs me of what to expect, should I be buying miners at any point in time.
It's the same with all manufacturers and you shouldn't just bash BMT for it, the fact is, miners need testing on the live network to ensure the product is sound.
I, for one, don't mind seeing the network rise as new h/w gets tested.

my 0.02BTC
legendary
Activity: 1148
Merit: 1000
Bitmain is offering for sale 250 unit BULK LOTS of S3's...no word on exactly how many of these 100+Ths LOTS are available.

The fucking joke is on all of us who buy hardware at ludicrous rates that has already become gravy from the vendor.  It has become crystal clear that by the time Bitmain boxes these miners to ship (which they are also profiting from!) they may as well be throwing them away but why do that when there is an entire community of people with raging hardons to overpay for them!

S5's should cost AT MOST $150USD SHIPPED! This at least would give the buyers a *chance* to turn a reasonable profit.  They just simply are not going to hand over machines that are literally printing money when the fools (us) will wait, hat in hand.

Ultimately I believe this could be the fatal blow that kills BTC but Companies like Bitmain will have long cashed out and be driving Ferrari's by then.
newbie
Activity: 16
Merit: 0
How do the S5 customers feel regarding the fact that BITMAIN is testing tons of miners on the live network right before shipping? I see a sharp rise in the difficulty right after the S5 announcement.

I think its a little naive of the community to think that these "new" miners are shipped right off the assembly line.  I would think they've been running them for weeks or possibly months and then offer them for sale as new when there is a modest gain above ROI for the buyer.  I find it funny how new BM miner ship dates just happen to coincide with a diff increase.  Probably not just BM either...it's just a matter of corporate greed in a relatively new market.  Undecided
legendary
Activity: 1218
Merit: 1003
What would you guys prefer, the S5 or the SP20?


2 x ANTMINER S5 BATCH 2  with shipping in my country is  975 USD

2 x SP20 + free shipping is still 1000 USD
https://bitcointalksearch.org/topic/closed-sp20-most-efficient-miner-05wgh-2-units-min-903286

But I have to agree with the following commentary:"The best way to make money on SP20 was by waiting."

The best way to make money on SP20 was by waiting.

I got one for $814 a week ago (paid maybe 10 days ago), then there was a "christmas" deal few days later for $633 and a couple of days later-a new deal for $500
I expected just to breakeven at best all things considered, but these movements were nothing short of astonishing in speed.
Besides, miner did NOT make $314 in those 7-10 days-barely $100 (even with four days of extra profit due to paycoin rush)
Nevertheless, $500 looks like a good price now, so I am not complaining, maybe will even participate.

My point is this: I am OK with declining prices based on what usually happens (difficulty, product aging, etc), I am less OK with an extraordinary profit margin when as a miner I expect just to breakeven at best-but it is up to Spondoolies, of course, how to market their admittedly good device.


I bought my first SP20 fof 1350 USD (with shipping)+20%VAT  on September 26, 2014 Shipped  Nov 02
I bought my second SP20 fof 875 USD (with shipping)+20%VAT  on November 11  2014 Shipped Nov 27
I bought some SP20 fof 617 USD (with shipping)+20%VAT  on December 17, 2014 Shipped Dec 21  they are still in Israel, They probably come to me 29.12.2014
Today I get to buy SP20 for 500 USD (with shipping)+20%VAT they are received on 2 January?

Almost every time the price will drop even before, when I get my miners.
I do not like to buy things, the value of which will fall so fast. So I'd better wait.

member
Activity: 125
Merit: 12

Also, now that bitmain have the new chip and have implemented the string design, I call upon bitmain to:
1. Provide an S3 / S1 upgrade kit to the S5
Why?
Just sell your S3 for $150-200 (current going price on eBay). Then pony up the additional $250-300 (assuming a new direct purchase from Bitmain) for a new S5 which is probably cheaper than the upgrade kit would be. After all, you could only re-use the cheapest parts of the assembly anyway, so not worth the effort.
For the S3's there's no enough incentive to upgrade, but if the mounting is the same I'm sure there's a large number of S1s still out there that are getting close to scrap right now even with underclocking. Shipping on 20 chain boards should be considerably cheaper than 10 S5's, and there's got to be some decent savings in materials even with the volumes they get those heatsinks, fans and frames at.

I'd buy 10 or 20 upgrade kits for the S1 depending on the price.
legendary
Activity: 1022
Merit: 1003

Also, now that bitmain have the new chip and have implemented the string design, I call upon bitmain to:
1. Provide an S3 / S1 upgrade kit to the S5
Why?
Just sell your S3 for $150-200 (current going price on eBay). Then pony up the additional $250-300 (assuming a new direct purchase from Bitmain) for a new S5 which is probably cheaper than the upgrade kit would be. After all, you could only re-use the cheapest parts of the assembly anyway, so not worth the effort.

You sell yours if you want. And believe it or not, I actually know what the price of an S5 is, and I am sure you do not do any pricing for bitmain products, so you wouldn't know whether it'd be more expensive.
All in all, thanks for nothing .... better still (and I am tiring of saying this in this thread), if you've got nothing to say, do not say it.

Were you even one of us that actually got an S1 upgrade kit (before they discontinued it in fairly short time, and are quite unlikely to offer again)? It did not include the enclosure panels OR the second fan, and was only BTC0.12 cheaper than an S3 complete package. Therefore, even if your S3 was only worth $50, it would still quite likely be a better net cost on the S5 purchase than an upgrade kit, going on precedence.

Everything he said was relevant and somewhat accurate, not sure why the retaliation...
full member
Activity: 226
Merit: 100
How do the S5 customers feel regarding the fact that BITMAIN is testing tons of miners on the live network right before shipping? I see a sharp rise in the difficulty right after the S5 announcement.
And what are we going to do about it?
And who here wouldn't if they owned a mining equipment manufacturing company?

I wouldn't mind so much if they went back to free shipping and used mining profits to offset that cost.
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