Topic: ANTMINER S5+ is available to order, 7.722TH/S 0.445J/GH - page 14. (Read 40040 times)

Just to clarify, for 2x complete 2880W PSU's to power 1x S5+ (with an extra 2000+W in power leftover...) this would be your cost:

2x Breakout boards - $140
19x PCIe cables (2 per hashboard is more than adequate + 1 for controller) - $47.5
2x refurb PSU's - $140 (can occasionally be found for less online)

So that gives $327.50 + shipping, which would run no more than $45 to the US.

More efficiently would be to run 2x S5+ on 3x PSU's (And still have 1800+W of additional power for other miners):

3x breakout boards - $210
38x PCIe cables - $95
3x refurb PSU's - $210 (can occasionally be found for less online)

Brings it to $515 + shipping, or $257.50 per miner.   All you would need in addition to the above would be C19 cable to whatever plug you are planning on using.  On top of that, you can still run 2 or 3 S5's on the leftover power from these PSU's if you lay them out correctly.

These are my prices for North America, J4bberwock has similar prices for EU orders. Both options are still cheaper than using 3 of Bitmain's PSU's.

P.S. Sloopy, as usual you are too kind, the words are much appreciated.

Tupsu they state they use this calculation based on the S5.  That doesn't mean they use an S5, that's how they calculate your ROI.  They would be boneheaded to use the S5.

If I was them why the F would I use an S5 when I just released a miner S5+ that saves me 13% overhead and can run a full 7 PACMiC contracts at a time on one device?  I completely agree with the level of risk aspect you state.  But I would re-state my previous response:  You (the purchaser of these) are giving them a loan.  A loan with no hard and directly quantifiable interest, or collateral, and that they can shut down payment at a whim with no recourse.  They are getting WAY better Electrical rates than the .098 they quoted, and in all likelihood keeping the excess 3-5 cents per kw/h for themselves or to cover their ass should the market take a dump.  None of which btw is illegal.  Little shady on the ethics side, and definitely not transparent, but that's the world today, especially in China and it is NOT illegal.  So as they say Caveat Emptor.

PS:  Side note, whoever was in their marketing departments needs to be shot.  I know religion has fallen by the wayside these days, and China is officially 'Atheist', but selling your contract at .666 bitcoin internationally?  Maybe that is just Karma's way of telling people to stay away.

I ordered two S5's Second hand and my wire went through on Friday, the 'second' day after the order was placed.  Naturally also 'right' on the weekend, which sucks.  Was because I placed the original wire order after 2PM on day 1, thursday (literally 14 hours after I made the order on their website).  They now have my order listed as 'expired'.  Now MY bank is open 7 days a week so it doesn't matter.  Not sure on their own.  I wrote them a ticket asking if they were going to fill the now 'expired' order Monday (technically now) or were going to just credit my account the money and I'd 'reorder' the same units.  I also noted that the price had actually fallen $18 USD per unit from the time I placed the 'expired' order.  

How much you want to bet they fill my original 'expired' order and don't let me re-order leaving me with a $36 credit?  

Update to this:  My email just came through that the 'expired' order was paid. Can't blame them for hustling on that deal.

http://www.itop-corp.com/asset/cache/__h64__/internal/logo.png

there is no issue we connect the hash boards & the control boards at the same time.
There are some running Videos and some of my customers already got the miners on hand from ITOP Corp

you can check more details here https://bitcointalk.org/index.php?topic=1146965.220

 Seems pretty specific to me.

watching

Basically it seems that Bitman found a way to sell you 7 S5's in one shot in the form of the S5+.

They used to do that without an issue but they are not motivated to move the price you paid for old hardware to new, it's all about profit relative to customer satisfaction and they are the only game in town right now, simply not motivated to do what you are asking.

I agree with Tupsu.  Organizations have processes in place and some are too much of a hassle to reverse.  It wouldn't be too easy to do.  

An order was made and they processed it.  I would only agree with you if you tried to change the contents of your order within 24 hours.

There is not really a huge difference between a bunch of S5s and S5+ so do not worry and just focus on what you need to do next.

 I want to buy today, and tomorrow I want buy  something else  for the same money. Things just do not work that way,

At next time,  buy for US dollars, and you have three days to pay.

For the orders , Bitmain should have their standard procedure that involved different departments like Sales, Finance , Logistics, I think that is the difficulty to make the change,
but any way , they should write down this kind of thing somewhere to let customer know in advance.

that is common in most of the countries.

not sure if your missing the point or just trolling i ordered OLD s5's before the new S5+ was released and i would like to change my order...... i think it pretty reasonable since they haven't shipped my order and it would be very easy to do

S5+ is today  2341 USD

Friday, it was the price  2375 USD

Should I now cancel the order of Friday and today to make a new order 

Yeah i emailed them about it and this is the response i received

"Hi,
Sorry, we're arranging the shipment of S5 very soon and the order has been confirmed by financial team, we cannot change it any more.
Thanks for the understanding.

Best Regards"


IE the order has not shipped yet but fuck you we won't change your order as we already have your money.

not great for a company you just spent 2500 usd with.

they are not about customer service I have contacted them multiple times on an RMA for 2 crappy U3's I have that burnt out and they wont RMA them for me because I purchased them through a reseller and not directly from them because they had a minimum order of 20 units and who the hell wants 20 of those? They are crap they freeze all the time and generate like 20% errors for me

i placed an order for 6 x antminer s5's 1 day before the s5+ was released and paid in full, now  the bitmaintech support wont let me transfer my funds to a new order and pay the remaining difference to receive the s5+....not very pleased.

No. THey write:

Contract Suspension
If after 120 days, a PACMiC has still not recovered the initial capital for its user, and is not mining enough revenue to pay for its own electricity cost (fixed at 0.098 USD per kWh, calculated using an ideal AntMiner S5 hashing at 100% uptime per PPS payout), whether because of difficulty increase or BTC price decrease, the PACMiC will continue paying out for ten days as though it were running, even if the machine is turned off. If these conditions persist for ten continuous days, the contract will be considered temporarily suspended. During the suspension period, mining revenues and profit payments will also be temporarily stopped. If after the suspension period, difficulty has dropped or bitcoin price has risen, making mining possible again, the contract will be reinstated and pick up where it left off.

Q:Is the PACMiC really risk-free?

A: Like all forms of bitcoin mining, there is a certain level of risk involved. If network difficulty unforeseeably skyrockets, or if the price of bitcoin drops too much, the Antminer S5 units backing the PACMiC may not be profitable to run and be forced to go offline, in which case contracts would be suspended (possibly indefinitely) and the user may not recover the initial cost of the miner. However, the AntMiner S5 is currently the most power efficient bitcoin miner available on the market, and would be among the last to be forced to power down under unfavorable market circumstances. It is our comprehensive evaluation that the likelihood of PACMiC holders not recovering their initial cost is indeed quite low. We ask that all users please understand the risks inherent to any sort of bitcoin mining, and also to understand that there is no such thing as a risk-free product.

20% VAT

 Oh crap ..i live in indonesia.