ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 285.

pak13

member

Activity: 112

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Quote from: MyRig on December 22, 2014, 02:04:17 PM

Hi Guys,

S5, you don't have to "hack" to achieve 0.51W/GH at higher $/GH, or better noise level

So making adjustments via a web interface is now classified as a "hack".
NO, NO IT'S NOT!
Having to get a power supply at 9V to underclock your S5's is a "hack".

bgibso01

legendary

Activity: 1218

Merit: 1001

Quote from: pak13 on December 22, 2014, 10:45:41 PM

Lets be realistic, every new advancement in technology, history has shown at least a doubling in difficulty. There is no way an S5 will be able to compete even at half the price. Too little, too late.

Wait, I got confused. Are we talking about ROI, competing or just what it'd take for some of us to pull the trigger?

A. Competing is easy...Bitmain does a fairly decent job as of late. (They use to be very good about allowing an ROI in the early days.)
B. ROI....wishful thinking.
C. What it would take to keep playing in the sandbox...a reasonable gross return of bitcoin expended.

YMMV.

pak13

member

Activity: 112

Merit: 10

Quote from: Puppet on December 22, 2014, 09:36:49 AM

Not impressed by the tag line: "The absolutely promising bitcoin chip in the market".
Really? I can only hope no advertising buro was paid to come up with that slogan Shocked

Specs look like a modest step forward. Pretty much leading the pack today, but probably not enough to compete with upcoming AM/BF/SP rigs, but much will depend on their time to market.

Apparently that has changed to ...
"ANTMINER S5: The New Standard, 0.51J/G,"

So apparently it's now the "new standard" of what? something the SP20 has been capable of for months?

kendog77

hero member

Activity: 742

Merit: 500

Quote from: bgibso01 on December 22, 2014, 10:42:41 PM

Quote from: Biodom on December 22, 2014, 10:24:36 PM

buy and hold:
1. bores me to tears-I have much more fun trading stocks on a stock market, so mining is clearly more fun.
2. mining is a stretched out affair, essentially you also buy and hold if you are covering your miner and electricity cost with $$, but accumulate bitcoin. You get much better averaging by mining vs buying in lump sums.

+10

You can also resell used miners on Ebay and recoup some of your investment. The resale value of most mining gear is actually pretty decent assuming the hardware is not junk or completely obsolete.

pak13

member

Activity: 112

Merit: 10

Quote from: bgibso01 on December 22, 2014, 10:15:41 PM

Quote from: MyRig on December 22, 2014, 08:47:30 PM

@raskul

Let us look into what we can do for the projection...

If you have your projection, would you please share with us? (Here is fine!)

We'd love to see how our customers see ROI Projections.

Its all speculation as none of us at Bitmain has a crystal ball Wink

If you have one for sale and if it cooks me breakfast and make me some tea, too, let me know!!! love to have one Grin

Here's my quick and dirty projection:

1155gh/s currently returns an expected .0147btc per day. Assume no diff change then 90 day return would be 1.323btc. At current rates that's $436 including psu. Thermalake is the cheapest PSU I currently see for $67. That would make the S5 cost should be $369 to break-even in 90 days with 'free' electricity. Any value to sell or mine with after that would be used to offset electricity costs and profit.

So basically if it can't gross it's cost in 90 days, I don't expect it to ever ROI. This is being rather liberal since diff will change and most have to pay something for electricity. I also don't take into account changes in btc price as if it changes, buy and hold makes more sense.

Lets be realistic, every new advancement in technology, history has shown at least a doubling in difficulty. There is no way an S5 will be able to compete even at half the price. Too little, too late.

bgibso01

legendary

Activity: 1218

Merit: 1001

Quote from: Biodom on December 22, 2014, 10:24:36 PM

buy and hold:
1. bores me to tears-I have much more fun trading stocks on a stock market, so mining is clearly more fun.
2. mining is a stretched out affair, essentially you also buy and hold if you are covering your miner and electricity cost with $$, but accumulate bitcoin. You get much better averaging by mining vs buying in lump sums.^Insert: As long as the miner will at least mine the same amount of btc as it originally cost to purchase.

With the above insert

+10

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: bgibso01 on December 22, 2014, 10:15:41 PM

Quote from: MyRig on December 22, 2014, 08:47:30 PM

@raskul

Let us look into what we can do for the projection...

If you have your projection, would you please share with us? (Here is fine!)

We'd love to see how our customers see ROI Projections.

Its all speculation as none of us at Bitmain has a crystal ball Wink

If you have one for sale and if it cooks me breakfast and make me some tea, too, let me know!!! love to have one Grin

Here's my quick and dirty projection:

1155gh/s currently returns an expected .0147btc per day. Assume no diff change then 90 day return would be 1.323btc. At current rates that's $436 including psu. Thermalake is the cheapest PSU I currently see for $67. That would make the S5 cost should be $369 to break-even in 90 days with 'free' electricity. Any value to sell or mine with after that would be used to offset electricity costs and profit.

So basically if it can't gross it's cost in 90 days, I don't expect it to ever ROI. This is being rather liberal since diff will change and most have to pay something for electricity. I also don't take into account changes in btc price as if it changes, buy and hold makes more sense.

buy and hold:
1. bores me to tears-I have much more fun trading stocks on a stock market, so mining is clearly more fun.
2. mining is a stretched out affair, essentially you also buy and hold if you are covering your miner and electricity cost with $$, but accumulate bitcoin. You get much better averaging by mining vs buying in lump sums.

bgibso01

legendary

Activity: 1218

Merit: 1001

Quote from: MyRig on December 22, 2014, 08:47:30 PM

@raskul

Let us look into what we can do for the projection...

If you have your projection, would you please share with us? (Here is fine!)

We'd love to see how our customers see ROI Projections.

Its all speculation as none of us at Bitmain has a crystal ball Wink

If you have one for sale and if it cooks me breakfast and make me some tea, too, let me know!!! love to have one Grin

Here's my quick and dirty projection:

1155gh/s currently returns an expected .0147btc per day. Assume no diff change then 90 day return would be 1.323btc. At current rates that's $436 including psu. Thermalake is the cheapest PSU I currently see for $67. That would make the S5 cost should be $369 to break-even in 90 days with 'free' electricity. Any value to sell or mine with after that would be used to offset electricity costs and profit.

So basically if it can't gross it's cost in 90 days, I don't expect it to ever ROI. This is being rather liberal since diff will change and most have to pay something for electricity. I also don't take into account changes in btc price as if it changes, buy and hold makes more sense.

Biodom

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Activity: 3892

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Quote from: Rabinovitch on December 22, 2014, 09:49:17 PM

Quote from: Biodom on December 22, 2014, 11:48:40 AM

However, SP20 is a known performer, while quality of S5 is unknown, but I expect it to be good.

What makes you expect that?..

it's just probability...S1 was good, S3 was good (for me); S5 seems to be more like S1.
S2 was not great, but not bad. S4-did not buy because of power supply problem in batch 1.
The caution for me is in the chains while in SP20 you can regulate chips voltage-very neat.
I got one, will buy more SP20, S5 or both-will decide soon.

Finksy

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Activity: 1022

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Quote from: Biffa on December 22, 2014, 08:24:10 PM

Unsubscribe, or find another hobby Cheesy

this thread will be rife with speculation and trolling/shilling until Hell freezes over and the Maple Leafs have won another cup.

FTFY

sidehack

legendary

Activity: 3346

Merit: 1858

Curmudgeonly hardware guy

Quote from: Biodom on December 22, 2014, 09:47:16 PM

Quote from: wh00per on December 22, 2014, 08:49:57 PM

I see only one thing with the S5 .. having chained chips to drop the voltage, you either run the whole chain or you stop the whole chain.
I'm praying for you guys, that, if you buy one or more of those .. "let the chips be all good!" .. and "Good Luck!" in tweaking the chain voltages.

How many chips are in each chain? the whole board (30 chips?) or less?

Each board has 30 chips; each chain is 15 pairs. At 12V it divides to a Vcore of 0.8V per chip.

Rabinovitch

legendary

Activity: 2030

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BTCLife.global participant

Quote from: Biodom on December 22, 2014, 11:48:40 AM

However, SP20 is a known performer, while quality of S5 is unknown, but I expect it to be good.

What makes you expect that?..

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: wh00per on December 22, 2014, 08:49:57 PM

I see only one thing with the S5 .. having chained chips to drop the voltage, you either run the whole chain or you stop the whole chain.
I'm praying for you guys, that, if you buy one or more of those .. "let the chips be all good!" .. and "Good Luck!" in tweaking the chain voltages.

How many chips are in each chain? the whole board (30 chips?) or less?

Biffa

legendary

Activity: 3220

Merit: 1220

Quote from: s1lverbox on December 22, 2014, 09:36:14 PM

Any idea how much UK customs will bite from that s5?

The usual, 20% VAT

dogie

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Activity: 1666

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dogiecoin.com

Quote from: padrino on December 22, 2014, 09:13:48 PM

Quote from: dogie on December 22, 2014, 08:00:13 AM

Quote

Dogie will speak on behalf of BITMAIN and will not criticize BITMAIN in these threads. Dogie still reserves the right to criticize BITMAIN in his other threads. Both parties acknowledge that this relationship has no impact whatsoever on BITMAIN’s rating or standing in “Dogie’s ‘Manufacturer Trustworthiness” thread.

This means I won't sit here and reply to every post saying Bitmain is a scam, don't buy from Bitmain etc etc, in this thread. It does NOT prohibit me from saying that in my own threads, if that is what I believe. It also has absolutely no impact on their rating in the Manufacturer trustworthiness thread [in which Bitmain just went down 10 points].

No offence but your contract literally states "these threads" as the definition of those you will not criticize them in, I sure hope the phrase "these threads" is defined elsewhere in your contract. If not you put yourself in a piss poor legal position, regardless it's conflict of interest 101 even if you make this claim.. Giving you investment of time I get it, however recognize it's human nature to be bias toward someone paying you, even if you consciously try not to be.
[/quote]

Of course.

bgibso01

legendary

Activity: 1218

Merit: 1001

Quote from: MyRig on December 22, 2014, 05:54:02 PM

Everyone loves TOPLESS right? Grin

S5 batch 1 will even be the Bottom Less!!... (I thought it had the bottom plate but I think I was wrong. I just realized that....)

Side will have the cover.

Quote from: raskul on December 22, 2014, 05:51:36 PM

Quote from: MyRig on December 22, 2014, 05:45:01 PM

Bottom = YES
Top = NO (Open Top Design)

Quote from: bgibso01 on December 22, 2014, 03:44:09 PM

So have we heard definitively whether or not there is a top and bottom to this unit?

(not being a troll...)
I will say, I think that this is a great idea... he benefits to those living in colder climates , it's good.

Merry Christmas!

Although, take your pick...bottoms or no bottoms...as he posted later, still pretty fluid right now.

s1lverbox

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Any idea how much UK customs will bite from that s5?

bgibso01

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Activity: 1218

Merit: 1001

Quote from: TracerX on December 22, 2014, 06:53:03 PM

Quote from: bgibso01 on December 22, 2014, 06:43:41 PM

Quote from: ?? on ??

Quote from: raskul on December 22, 2014, 08:48:38 AM

it doesn't have a lid?

Quote from: siampumpkin on December 22, 2014, 10:01:49 AM

Specs ok but don't like the open design. I wish the price were lower also. Undecided

It does have a lid, just for show. Otherwise the pictures would be identical to S3 Tongue

You might want to read what Bitmain says before posting. No top or bottom.

You might consider taking your own advice. BM responded and said there is a bottom, but not a top. An "open top design." ;-)

Yep...I read that and forgot as I posted. I stand corrected.

faetos

hero member

Activity: 744

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gotta let a coin be a coin

Quote from: Gladimor on December 22, 2014, 09:30:10 PM

If they lowered the price to $425 WITH shipping included, I'm sure that they could sell a good lot.

Peers into crystal ball Hmmm, I see $450 USD and $60 shipping per unit minimum 2 per order.

Gladimor

legendary

Activity: 1050

Merit: 1000

If they lowered the price to $425 WITH shipping included, I'm sure that they could sell a good lot.

Topic: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 285. (Read 451048 times)