Antminer S4 Review – Is It Profitable? If there is one aspect of cryptocurrencies that still, to this day remains largely unexplored, it is that of mining. It is but a mere smidge of an industry when you compare it to the massively popular and globally acclaimed giant that cryptocurrency investments have become. Antminer S4. Very stable hashing unint. Comes with power supply and ready to start mining at the right at the moment you received. This is definitely the easiest miner out there to have for bitcoin mining/5(25). The chip Antminer R4 for Home Ethereum classic miner bitmain AntMiner S4 is the There's still progress The of Bitcoin ASIC Miner the art BM chip process with ultra-low power ASIC Miner) | Shopee can Bitmain Antminer S4. Bitcoin Mining Antminer S4 GH/s R4 for Home. Income and Profitability Per Series of Bitcoin ASIC system-on-a-chip beasts.
Antminer s4 bitcoin mining5 Best Bitcoin Mining Hardware ASIC Machines ( Rigs)
Now straight up, this one looks pretty formidable and a great rig for professionals and beginners alike. It comes in a 3U rack-mountable chassis much like one of its predecessors, the Antminer S2. Now as per power consumption is concerned, the S4 leaves no cause for concern since it is actually a major improvement from the earlier version of this line. As mentioned before, the S4 is a great unit with some pretty fascinating specifications.
But what makes it even greater is the fact that it actually functions as a single comprehensive unit. There is no need to attach an extra power supply to make it operational or to jack up the performance. The one thing that could potentially spoil the experience for you though, is the shipping process. Make sure you order the rig from a secure and trustable service since if you happen to choose an inefficient shipping service, the unit might face severe structural damages before even making it home.
Now once you get the miner operational, you will notice an LCD screen which displays the IP address which the device is supposedly hooked on which lets you carry out easy navigation to the control panel of the device and enter your own password and pool settings.
Now while, as per convention, the default values for username and password are root and root respectively, it is highly advisable to change to something personal and secure as soon as possible. It remains amazingly rich with features and quite easy to operate and understand. One great feature with the S4 is the use of the DHCP which effectively enables the user to easily join the network. The effects of the same are more pronounced when using a non-standard addressing system.
The very first thing to be done with the miner as soon as it is switched on is to flash with whatever happens to be the latest firmware. This would mean that the rig would get access to the cgminer 4. Now to get into more important things and understand what makes the S4 a great device for general usage, we take a look at the power specifications and compare them with those of the previous models.
The S4 consumes a healthy watts while it gives you a hash rate of 1. As far as power cables are concerned, you will have to get one yourself for this device as the S4 does not ship with one. They will simply melt down and can easily lead to severe damages to your miner and even harm the fuse box.
As far as cooling is concerned, the S4 outshines the S2 easily with a fan that is faster and better at what it does. The blade arrangement has been better optimized and which is why the S4 stays much cooler than the S2. Bitmain actually went on record before the release of the rig and released a statement saying that the S4 is probably going to be louder than the earlier models of the line-up.
But upon rigorous testing and experimentation, the S4 manages to run at only 62 dB at a distance of 4 ft. This is remarkable when you compare it with some of the other miners out there.
The best way to determine actual profitability is to figure out your electricity cost per hash. That is really what will make or break your operation. Good Bitcoin mining hardware needs to have a high hash rate.
But, efficiency is just as important. To improve your efficiency, there are also companies that will let you order hardware to their warehouse and run the miners for you. You could also cloud mine bitcoins. But both options are a lot less fun than running your hardware! Halong Mining — Halong Mining is the newest mining hardware company. They have the best miner available. Unfortunately, they already sold out of their first batch but a new batch should be available for sale soon.
Bitmain — Bitmain makes the Antminer line of Bitcoin miners. Bitmain is based in China and also operates a mining pool. BitFury — BitFury is one of the largest producers of Bitcoin mining hardware and chips. Its hardware is not available for purchase. Power Supply — Bitcoin rigs need special power supplies to funnel and use electricity efficiently.
Cooling Fans — Bitcoin hardware can easily overheat and stop working. Buy a sufficient amount of cooling fans to keep your hardware working. Backup generators — You may want generators as a backup in case your main source of electricity goes down.
You can find Bitcoin mining equipment for sale on eBay. Bitcoin is based on blockchain technology, a decentralized platform which takes power away from a central authority and gives it to the average person. Sensitive information is stored on the blockchain rather than large data centers, and is cryptographically secured.
A vast amount of people, known as miners, all work together to validate the network, instead of just one person or government. In the beginning, CPU s were used to solve cryptographic hash functions , until miners discovered that GPU s were far better equipped for mining. As block difficulty increased, miners turned primarily to GPUs.
Their hashrates are significantly higher than anything GPUs are capable of. With stellar performance comes a high price tag — the best ASIC chips will run you a few thousand dollars each. Upon creation, Bitcoin blocks were confirmed by the average person using their desktop — once ASICs hit the market, things changed. ASIC developers, including Bitmain, granted early access to large mining cartels rather than the average person.
Nowadays, a large majority of Bitcoin mining takes place in China where electricity is cheap. Thousands of ASICs all mine simultaneously in a mining farm large warehouse. Unfortunately, Bitcoin is no longer as decentralized as it was once intended to be. Buy Antminer S7 on eBay. The S7 is also a popular choice among hobbyist miners for its reasonable price and strong performance.
The strong metal casing features a tongue and groove system which allows for the neat arrangement of multiple miners. The APW3 requires a minimum Volts to function and does not ship with the necessary 16A power cord. While an integral PSU makes for a compact and convenient miner, there are few other reasons to recommend such a setup.
The S7-LN also excludes a cord. Note: Before you buy an Antminer S7 make sure you already have Bitcoin mining software and a Bitcoin mining pool. These prices can be expected to fall further as the S9 and other superior mining hardware becomes the new standard. With careful tweaking, it may be possible to profit from an S7 even at 15c power. The same calculations adjusted for the Hash Rate and Power consumption of the S7-LN produces slightly more encouraging results:.
Naturally, the hotter the environment, the more energy the fan s will consume to cool the unit. The S7 is twice as efficient as the S5 at converting all this energy into bitcoins; it requires a modest 0. Setting them up via the MinerLink GUI is a simple process, requiring only your mining pool credentials to begin mining. The units will automatically begin hashing upon powering up, which can be helpful in the event of power failure. S7 connectivity is via Ethernet only.
They are both cooled by dual fans. A dry basement is an ideal location. This peak was reached on May 24 th Such tremendous growth has been spurred by major investment into Bitcoin mining technology and operations. Profits have accumulated where mining is most profitable China , with the result that several competing operations eg.
KNC have been forced out of the industry. We have tried to calculate the amount of money that the Chinese have invested in mining, we estimate it to be in the hundreds of millions of dollars.
Even with free electricity we cannot see how they will ever get this money back. The same Chinese competitive advantage has been doubly effective at squeezing the profit-dependent hobbyist miner from the market. Other Technical Details. Additional Information Customer Reviews 3. Any returned computer that is damaged through customer misuse, is missing parts, or is in unsellable condition due to customer tampering will result in the customer being charged a higher restocking fee based on the condition of the product.
New, used, and refurbished products purchased from Marketplace vendors are subject to the returns policy of the individual vendor. Would you like to tell us about a lower price? Important information Safety Information Keep in cool area. See questions and answers. Customer reviews. How are ratings calculated? Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon.
It also analyzes reviews to verify trustworthiness. Customer images. See all customer images. Top reviews Most recent Top reviews. Top reviews from the United States. There was a problem filtering reviews right now. Please try again later. Verified Purchase. New case Old worn out dirty patched up hashimg boards with loose heatsinks and rusted transistors some jumped over to make it work On the plus side it worked Another plus you wont be mining much as it doesnt make diddley for profit Honestely mine will go on a shelf where I can remember mining when the profits where kick A So beware when seller describes it as new usually they are a lying sack of S,.
Loud and barely produces any coinage. Arrived with broken fans. Glad to see clean fans, because they were both obviously brand-new fans because the wires were too long! Internal inspection: My miner was not a "virgin" miner but very close. The entire outside CPU, wires were very clean too. I had a dedicated circuit installed for this miner that met all the electrical specifications and I'm using one of the recommended power supplies but the miner doesn't turn on.
Tried to explain this to the seller but they refuse to accept responsibility. If you buy this miner, get it from somewhere else - not Revol. Works great was overclocked from factory to when it arrived but everything runs perfect no issues. Reporting at the correct hash ret when reset to default at basic Item was veeery used. In fact it was used up.