Quote from: Gahs on July 13, 2016, 09:59:56 PM

Quote from: mfaidzul on July 12, 2016, 07:59:31 AM

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.

I'm not sure it is lucky to live in a third world country?
No clean water, more sanitary products needed (if you are wealthy enough to afford a miner)!

Quote from: mfaidzul on July 12, 2016, 07:59:31 AM

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??

You could rent GHS on online marketplaces such as NiceHash.
OR as stated in the first post, you can choose other coins to ine (if you mine another SHA256 coin it may bring more profits)
The value of the miner also includs other things of it (the value as scrap metal, and te value of the PSU if it is included, usually unless the cables are completely burned though, you could probably use it again on a better miner such as the antminer S7 which has a similar power.