On the bright side maybe if I bail on mining and give up on this by May. It will be a smart move. Then sushi did me a favor.
Been thinking the same thing myself
Tighter margins and the harder diff make it hard to earn but not impossible. Factor in 1/4 of the S1 cost in taxes for delivery and the likelihood the unit will arrive dead or with problems and there really is no money to be made nowadays.
I and a few guys on the pool I mine bought in on this group buy after being told the shipping value of the S1 would be $180 (same as the last 2 group buys we went in on). After asking UPS why the cost had increased from £34 they told me the value of the item was reported by the shipper (Bitmain) was $800, there was also $20 shipping and $5 insurance so the total value of the import duty was calculated on $825 making the duty to pay £117.84. I am assuming like me no one was told this by Sushi or Bitmain and only found out about the additional cost when their UPS driver tried to deliver.
In fiat the S1 cost is around £490, to add another £117 to the cost strips out the likelihood of getting a ROI
The last unit arrived OK but had heat sink compound literally dripping from the anti static bag, a few hours of careful cleaning removed it all. I then fired the unit up to then find the fan was also dead so had to replace this with 2 x 120mm fans I had. There have been numerous problems with the software corrupting after changing pools resulting in having to restore the OS and mining software.
I will probably continue mining until the end of march then sell my miners on eBay and try and reduce some of my losses and put mining down as another life experience.
I also agree with what everyone has posted about the shipping information being rubbish. I read it that the S1's would
ship on the 28th February not arrive on the 28th? Needless to say that no one was in to accept delivery as I had no idea it was arriving, more delays getting any ROI!
I guess the Sushi group buys are finished, more faulty/damaged units reported, import costs rising making the hardware even more expensive before it's even turned on to mine.
Fully expecting my S1 unit to be faulty after reading some of the recent posts on this thread and have no expectations of any issues getting resolved. At least I didn't go for the hosted option and sit there looking at screen showing my dead unit that I can't even physically touch.