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Topic: Antminer S5, a good idea ? (Read 3220 times)

alh
legendary
Activity: 1846
Merit: 1052
Antminer S5, a good idea ?
April 03, 2015, 01:58:21 AM
#29
Quote from: Erkallys on March 26, 2015, 04:38:19 PM
Quote from: Minerjoe on March 26, 2015, 04:34:36 PM
S5 s currently the best miner in the market. However, S6 should be out soon.

Interesting ! I'll have the S5 from a friend and maybe I'll buy the S6 after some time like this the price will go down.

I wouldn't hold my breath for the S6. If the past is any indication of the future, the S6 will be a more "data center friendly" S5. By that I mean it will likely have the same BM138x chips that are in the S5, but more of them in a package that fits in a 19-inch rack cabinet. The S6 will likely have an integrated power supply of unknown quality, and it's acoustic profile is completely unknown at this time.

I wouldn't expect the S6 to be a "quantum leap" over the S5, except in terms of packaging.
allegro
newbie
Activity: 14
Merit: 0
Re: Antminer S5, a good idea ?
April 02, 2015, 09:30:46 PM
#28
Quote from: Minerjoe on March 31, 2015, 06:16:43 AM
Quote from: allegro on March 27, 2015, 02:25:54 PM
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.  

Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for.

Bitcoin News Magazine

Any ETA on S6?

You can take a look at the S6 speculation thread at https://bitcointalksearch.org/topic/antminer-s6-speculation-903228

Bitcoin News Magazine
vankoovo
newbie
Activity: 51
Merit: 0
Re: Antminer S5, a good idea ?
March 31, 2015, 10:33:18 PM
#27
you should give more information , people here can advise you, consists all cost to set up
Minerjoe
sr. member
Activity: 406
Merit: 250
Re: Antminer S5, a good idea ?
March 31, 2015, 06:16:43 AM
#26
Quote from: allegro on March 27, 2015, 02:25:54 PM
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.  

Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for.

Bitcoin News Magazine

Any ETA on S6?
allegro
newbie
Activity: 14
Merit: 0
Re: Antminer S5, a good idea ?
March 27, 2015, 02:25:54 PM
#25
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.  

Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for.

Bitcoin News Magazine
notlist3d
legendary
Activity: 1456
Merit: 1000
Re: Antminer S5, a good idea ?
March 27, 2015, 01:30:30 PM
#24
Quote from: Erkallys on March 27, 2015, 01:09:54 PM
Quote from: bigbitmine on March 27, 2015, 12:58:53 PM
Quote from: Minerjoe on March 26, 2015, 04:34:36 PM
S5 s currently the best miner in the market. However, S6 should be out soon.

What about the SP20?  I'm replacing my army of old S1's and don't know which way to go.

The SP20 ? I don't know it.

Just search it on this site, google, ebay.  It is a good quality miner, that has a lot of underclock ability.

They are sold out though and you will have to get from someone who currently owns them.
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 27, 2015, 01:09:54 PM
#23
Quote from: bigbitmine on March 27, 2015, 12:58:53 PM
Quote from: Minerjoe on March 26, 2015, 04:34:36 PM
S5 s currently the best miner in the market. However, S6 should be out soon.

What about the SP20?  I'm replacing my army of old S1's and don't know which way to go.

The SP20 ? I don't know it.
bigbitmine
full member
Activity: 196
Merit: 100
Big Bit Mine
Re: Antminer S5, a good idea ?
March 27, 2015, 12:58:53 PM
#22
Quote from: Minerjoe on March 26, 2015, 04:34:36 PM
S5 s currently the best miner in the market. However, S6 should be out soon.

What about the SP20?  I'm replacing my army of old S1's and don't know which way to go.
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 27, 2015, 12:55:44 PM
#21
Quote from: ajw7989 on March 27, 2015, 12:51:21 PM
It really comes down to what your electric rate is. If it'd cheap it might be a good idea but if it's above the average rate not worth it

I'll check my bill and post it here. You'll tell me if it is above cheap or not.
ajw7989
legendary
Activity: 924
Merit: 1000
Re: Antminer S5, a good idea ?
March 27, 2015, 12:51:21 PM
#20
It really comes down to what your electric rate is. If it'd cheap it might be a good idea but if it's above the average rate not worth it
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 26, 2015, 04:38:19 PM
#19
Quote from: Minerjoe on March 26, 2015, 04:34:36 PM
S5 s currently the best miner in the market. However, S6 should be out soon.

Interesting ! I'll have the S5 from a friend and maybe I'll buy the S6 after some time like this the price will go down.
Minerjoe
sr. member
Activity: 406
Merit: 250
Re: Antminer S5, a good idea ?
March 26, 2015, 04:34:36 PM
#18
S5 s currently the best miner in the market. However, S6 should be out soon.
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 23, 2015, 01:42:41 AM
#17
Quote from: dogie on March 22, 2015, 06:12:30 PM
Quote from: Erkallys on March 22, 2015, 04:07:21 PM
Quote from: dogie on March 22, 2015, 02:04:49 PM
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.

Cloudflare is free ?

Yes, the vast majority of features are free (including the local geo-caching and DDOS protection). There are premium services you can use to further increase website loading speeds including various forms of compression, but I've never used or needed them.

That's nice !
dogie
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Re: Antminer S5, a good idea ?
March 22, 2015, 06:12:30 PM
#16
Quote from: Erkallys on March 22, 2015, 04:07:21 PM
Quote from: dogie on March 22, 2015, 02:04:49 PM
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.

Cloudflare is free ?

Yes, the vast majority of features are free (including the local geo-caching and DDOS protection). There are premium services you can use to further increase website loading speeds including various forms of compression, but I've never used or needed them.
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 22, 2015, 04:07:21 PM
#15
Quote from: dogie on March 22, 2015, 02:04:49 PM
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.

Cloudflare is free ?
bitsolutions
sr. member
Activity: 261
Merit: 257
Re: Antminer S5, a good idea ?
March 22, 2015, 03:40:51 PM
#14
Quote from: dogie on March 22, 2015, 02:04:49 PM
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.
Unfortunately Cloudflare is useless for protecting a mining pool as they don't support custom protocol's such as stratum.
notlist3d
legendary
Activity: 1456
Merit: 1000
Re: Antminer S5, a good idea ?
March 22, 2015, 03:18:33 PM
#13
Quote from: dogie on March 22, 2015, 02:04:49 PM
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.

I respect them more for not paying.  They did not choose the easy way, and it has caused some troubles.   But if they paid it would happened again and again.

I do hope they can fix some things sooner then others.  I personally miss running my miners on the antpool.  I will be back once they fix it.
dogie
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Re: Antminer S5, a good idea ?
March 22, 2015, 02:04:49 PM
#12
Quote from: Biodom on March 21, 2015, 06:36:42 PM
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.


Cloudflare is a great service. Not only does it cache websites locally for everyone in the world (rather than 400ms ping to Chinese servers), it provides DDOS protection. Bitmain and several other Bitcoin services are under attack because they did not pay ransoms. On top of all that, Cloudflare does it for FREE.
notlist3d
legendary
Activity: 1456
Merit: 1000
Re: Antminer S5, a good idea ?
March 22, 2015, 12:47:18 PM
#11
Quote from: Amph on March 22, 2015, 08:22:15 AM
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

My advice is to pay electricity out of it at some points.   Then even if a crash you have electricity paid. 

If I dont make profit I will shut down.  I know I go through spreadsheets a few times a week to see my position if it's better or worse.  It is not needed this much, I just enjoy it.
Erkallys
legendary
Activity: 1120
Merit: 1004
Re: Antminer S5, a good idea ?
March 22, 2015, 11:55:33 AM
#10
Quote from: Amph on March 22, 2015, 08:22:15 AM
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

If Bitcoin crashes the price will always go back after some time.
Amph
legendary
Activity: 3248
Merit: 1070
Re: Antminer S5, a good idea ?
March 22, 2015, 08:22:15 AM
#9
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
Re: Antminer S5, a good idea ?
March 22, 2015, 04:28:15 AM
#8
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
Re: Antminer S5, a good idea ?
March 21, 2015, 06:48:23 PM
#7
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: 4256
Merit: 8551
'The right to privacy matters'
Re: Antminer S5, a good idea ?
March 21, 2015, 06:43:18 PM
#6
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
Re: Antminer S5, a good idea ?
March 21, 2015, 06:36:42 PM
#5
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
Re: Antminer S5, a good idea ?
March 21, 2015, 06:33:30 PM
#4
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
Re: Antminer S5, a good idea ?
March 21, 2015, 06:05:44 PM
#3
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
Re: Antminer S5, a good idea ?
March 21, 2015, 06:03:05 PM
#2
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
Re: Antminer S5, a good idea ?
March 21, 2015, 05:46:12 PM
#1
I can have an Antminer S5 offered to me. So I ask you if it is profitable or a good idea. So it is ?
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