Post
Topic
Board Mining speculation
Re: Still worthwhile mining with antminer S5?
by
notlist3d
on 18/07/2016, 20:19:33 UTC
With the recent runup in Bitcoin price, I find that an S5 earns about $1/day NET of electric at the electric rate I am currently at.

 No idea how long that will last, but on the other hand there are other areas of the US that have somewhat better rates for us SMALL miners than where I ended up at.


 

I too have to question this claim of $1/day in BTC revenue, much less profit after electric. If you are basing your figures on bitcoinwisdom, as I have in the past, be aware that it's still using a BTC reward of 25BTC/block. Try a couple of other calculators and you'll likely find that the revenue (i.e. before electric costs are subtracted), is more like 85 cents/day.

I still really like bitwisdom, I hope they fix the block reward as I do agree it's a shame to have old number there.  But there is a manual fix you can do right now to use it just go to the "Block Reward" and change it to current.  That should fix it where everything is working correctly I belive.

One thing to make sure to include in figures is cooling aswell.  With it being summer I do run some fan's in my mining area that really help keep the temp down.  I do not live where evaporation cooling works due to climate, so stuck with high CFM's pushing that heat.  Then I use a professional gable fan to get it out of my mining area.   But all this can add up so make sure to include it when calculating ROI.