I am in the same boat as you. In Canada and looking to buy some S3 and S5 but sellers are asking ridiculousness prices.
Locally the prices are even worse. There are sellers selling used gear which cost more than new gear.
Its a sellers market right now with mining equipment.
S5 you will probably never get for only 1 BTC, but you might get an S3 for around $100 CAD or so. Those in most areas of Canada don't make much money if the miner is paying for electricity but the S5 is still profitable for most people.
Locally the prices are even worse. There are sellers selling used gear which cost more than new gear.
Its a sellers market right now with mining equipment.
S5 you will probably never get for only 1 BTC, but you might get an S3 for around $100 CAD or so. Those in most areas of Canada don't make much money if the miner is paying for electricity but the S5 is still profitable for most people.
The S5 price has gone down 25% so S3's price probably went down quite a bit as well. I'd pay more than 1 BTC for a S5, it stand to reason they are worth a bit more than 230$ USD at the moment.
An S3 for 100CAD shipped/delivered would be of interest to me, but i could also be interested in a "s1 to s3 upgrade kit" kind of by using existing S3 parts without the heatsink, though i'd probably need the fan as well, and if they're in Canada i might as well grab the whole thing. But regardless, i'll buy some hardware, i'll take the best deal and i'm patient.
Hopefully someone come to me with a reasonable deal before i get another loud S4 ^_^".
What province are you in? You can probably get an S3 for close to $100 Cad. I've seen some sellers locally.
The S5 should have gone down 25% however its price remains constant at around $320USD or so, which is what Bitmain was selling at. The S5 is still profitable so its going to be hard to find someone desperate enough to sell one.
