Antminer S5, a good idea ? - page 2.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Erkallys on March 22, 2015, 04:28:15 AM

Quote from: notlist3d on March 21, 2015, 06:03:05 PM

We need to know more such as your electricity rate, and price you were offered.

Without those we really cannot say much.

I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill.

if you can have it free, you are in a good position already, with cheap electricity ROI is possible in this case, just hope bitcoin don't crash

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: notlist3d on March 21, 2015, 06:03:05 PM

We need to know more such as your electricity rate, and price you were offered.

Without those we really cannot say much.

I know someone who want to stop his mining activities so I can have it free. I'll tell how much is my electricity rate until I get back home to look at the bill.

BTC-Bank

member

Activity: 126

Merit: 10

I recently bought one and i can say that i am very pleased with it, the power in my country is expensive but i am planning ro pay it from my income and keeping the Bitcoins.If you have a good deal my opinion is to take it.

Kind Regards,
BTC-Bank.

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

Quote from: Erkallys on March 21, 2015, 05:46:12 PM

I can have an Antminer S5 offered to me. So I ask you if it is profitable or a good idea. So it is ?

If it is free and your power is 10 cents a kwatt get it.

if it is 300 usd shipped to your home and power is 10 cents a kwatt get it. Mine for a little bit and sell it.

If you have good power prices like 6 or 7 cents and it is 350 shipped to your home get it.

All of the above examples I believe you make some profit.

If your power is 15 cents a kwatt don't get it. unless it is free.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: Tupsu on March 21, 2015, 06:05:44 PM

Better to buy 1155GH/s from Hashnest

www.hashnest.com
Antminer S5
Power: 0.51w/GHS
Maintenance Fee:$0.001175/GHS/Day

Then you see yourself, is S5 profitable or not.

I couldn't understand that site plus apart from bitmain, I am not going to any coinflare-slowed website.

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Think twice before you invest in cloud mining. It might look good, but in fact you are gambling. You are lending money to someone and taking their word that they will be paying you back for another year or so.

S5 is a good miner but I agree with notlist3d that it depends on the price of the unit and the electricity. And remember that the faster you start mining the better, so don't waste time if you want to buy it.

Tupsu

legendary

Activity: 1218

Merit: 1003

Better to buy 1155GH/s from Hashnest

www.hashnest.com
Antminer S5
Power: 0.51w/GHS
Maintenance Fee:$0.001175/GHS/Day

Then you see yourself, is S5 profitable or not.

notlist3d

legendary

Activity: 1456

Merit: 1000

We need to know more such as your electricity rate, and price you were offered.

Without those we really cannot say much.

Erkallys

legendary

Activity: 1120

Merit: 1004

I can have an Antminer S5 offered to me. So I ask you if it is profitable or a good idea. So it is ?

Topic: Antminer S5, a good idea ? - page 2. (Read 3235 times)