Post
Topic
Board Hardware
Re: ANTMINER S5: 1155GH(+OverClock Potential), 590W, Jan 12th Shipping [Sales Open]
by
aurel57
on 04/01/2015, 13:37:01 UTC
Am I confusing myself or it's true that we will never break even with this S5 miner?

I have a space which rents is 180USD/month, including 13 Amps, 220 Volts; Which I consider is the cheapest place I could rent for mining at this moment.

This is my calculation:



Unless BTC priced at 430+, else we would't be profitable at all.

Correct me if I am wrong please.

Its even worst that you think as you have no difficulty increases figured in on your annual number. It looking like a 13% increase just the next one in 7 days
https://bitcoinwisdom.com/bitcoin/difficulty

Edit: on the bright side your cost for electric is better than most as long as you use it all. eg 2800 watts which would be about 4 miners