With their most recent chip, Bitmain just unveiled the Antminer S5. The S5 is fully encapsulated, unlike the S3, but it has the same open blade design as the S1 and panels on the sides to direct airflow. The new chips are what give the S5 its shine. In our tests, the S5 uses between 1.1 and 1.2 th/s and 560 watts.
Keep reading to learn more about Bitmain Antminer S5.
Specifications Antminer S5
|Hash Rate||1155 GH/s ±5%|
|Power Consumption||560 to 590 W|
|Power Efficiency||0.51 J/GH|
|Dimensions||298 mm x 137 mm x 155 mm|
|Cooling||1x 12038 fan|
|Operating Conditions||0 °C to 35 °C|
Pros and Cons of Bitmain Antminer S5
5 Benefits of the Antminer S5
The Antminer S5 offers many improvements over its predecessors in terms of increased harsh rate and effective energy consumption. There have undoubtedly been faster and more effective miners released by Bitmain since the Antminer S5’s initial release in 2014, such as the Antminer S9, but the Antminer S5 still has a place in the Bitcoin mining industry. The S5 can still be a good choice, to begin with, if you are a hobbyist miner on a tight budget and have access to inexpensive electricity.
Let’s check out the benefits this hardware has in store for you:
Efficient Power Supply
Wouldn’t it be great to be able to mine bitcoins using the power supply from your old PC? The Antminer S5 runs at 115 volts and consumes 560 to 590 watts, so there are no technical issues.
When setting up the S5, it’s simple to configure, mine from any pool, and even upgrade the firmware. In fact, you can make full use of its user-friendly control panel while it automatically launches a search for an IP address. In addition, you have complete access to your miner’s status with the MinerLink software, so you can always be aware of what’s going on.
When it comes to mining bitcoin, maintenance is important. Fortunately, the Antminer S5 makes the procedure tolerable. You can easily maintain your S5 by keeping it at a low operating temperature and overclocking it as needed since its onboard temperature requirements are set to be below 800 C/1750F.
Mines a Variety of Cryptocurrency
The S5 is made to mine cryptocurrencies that employ the SHA-256 algorithm. This means that you can use it to mine a variety of digital currencies that are created for block hashing such as:
The S5 still generates a profit of about 0.01335 bitcoins per day with an F2Pool despite the fact that the difficulty levels of mining bitcoins have increased. On a tight budget, this can bring in a daily profit of about $3.
More Details About Bitmain Antminer S5
Bitcoins Per Month (Profitability)
The Bitcoin mining calculator on CoinWarz can be used to determine any miner’s profitability in light of pertinent data. When you make your own calculations, don’t forget to factor in your local electricity rate, preferred mining pool, and the price at which you plan to purchase an S5.
The current BTC-USD price, Difficulty, and Block Reward will be automatically entered when using the CoinWarz website. Be aware that starting in July 2016, the Block Reward for each solved block will be cut in half, to 12.5 BTC. For you to see any bitcoins from a single S5, you must sign up for a Pool. Using just one, or even a few, S5s, to solo-mine a block is practically impossible.
Along with the current Bitcoin price and all the pertinent AntMiner S5 statistics, the post-halving Reward, relatively expensive Power, and AntPool’s Pool Fees are entered.
The returns would be negative in the event that the price of Bitcoin doubled to a new record high of about $1400. But if your electricity costs fall below 10 cents per KWh, your situation would only be break-even at the current price of about $700. Therefore, it is not impossible to profit from a new or used S5 if only the price of Bitcoin increases, power costs less, the difficulty remains stable, and adjustments are made to increase efficiency.
Second-hand or used AntMiner S5s are offered on eBay and Amazon for prices ranging from $190 to $299, and are typically shipped from the United States. It costs $413 to ship a brand-new S5 from Bitmain in China, but some customers may have to wait since stocks aren’t always available.
Always keep in mind the potential customs duties as well as the shipping costs.
A 120mm stock S5 fan has been compared to an industrial vacuum in terms of noise. With its ability to drown out conversation and annoy both people and pets, it is without a doubt an inappropriate device to have running in your home.
The stock fan, which is 75 decibels loud, must be changed out for a quieter model. Since there are screw holes for this purpose, a second fan is frequently added to the back.
Due to the S5’s restricted placement options and relatively lightweight plastic construction on the sides, it is less safe. The S5 is open at the top and bottom. The plastic casing has the benefit of making the device only 2.5 kg heavy. / 6.5 lbs.
How to Configure the Setup?
As was already mentioned, the S5’s setup is simple, and for good reason—the device is a standalone system that doesn’t require an external controller. To get it to work and start mining, follow this simple step-by-step process:
During the wiring process, you will follow these three procedures:
– First, get the paperclip ready for the PSU connector
– Now plug in the PCI-E cables
– Finally, plant your Ethernet cable connecting the Antminer to your router
– At this point, start by powering the power supply at the back switch
– Turn on your other DHPC table
– Find your routers IP and check the S5’s assigned IP on your browser
– Then log in using “root” as password and username
– Go to the page status and enter your pool information
– Select “beeper ringing ” to false and save
– Finally, check your “miner status” to see if it has started mining
Final Verdict of Bitmain Antminer S5
Since it’s unlikely to ever make a profit, it’s challenging to defend the expense of purchasing a new S5. It’s sufficient to learn the basics of Bitcoin mining with a less expensive, used S5, especially if it’s still in excellent used condition. It demonstrates a low-cost introduction to the intricate industry of bitcoin mining.
The S5 is also a good platform for testing out hardware, firmware, and software modifications. The S5 costs about one-tenth as much as the state-of-the-art Antminer S9, making it affordable enough to test potentially harmful operations like immersion cooling and over/under-clocking.
What Do I Need to Get Started With Antminer S5?
Things could get a little out of hand if you were a lone miner. But using an Antminer S5 can be fairly simple once you get going. To get connected, all you require are patch cables and a modular power supply, both of which you can purchase from retail websites like Amazon.
Can the Beep Sound Be Turned Off?
Unfortunately for the S5, this beeping sound cannot be turned off, but don’t worry because you can easily navigate to the miner configuration to set the ” Beeper Ringing” to false so as to reduce the frequency of the beeps.
How Can I Get the Latest Antminer S5 Firmware?
Maintaining the most recent Bitmain firmware is crucial for maintaining your miner’s peak performance. By going to Bitmain.com, you can easily upgrade.