Post
Topic
Board Mining speculation
Re: Still worthwhile mining with antminer S5?
by
Gahs
on 13/07/2016, 21:59:56 UTC

Tried the online calculator for an S5 running with 7 cent/kWh power cost... it chewed more power than it pooped BTC.

But it's still commanding 100usd apiece asking price. Any other use of that thing I dont know about??



I think they put it up there for two types of people:

1. The novice who is new to mining and does not know much about calculating electricity costs.

2. The lucky guy who lives in a third world country with cheap electricity. He just might be able to live on the satoshis he manages to scrap out of the venture... I mean after converting it into fiat.