I don't see any advantages to buy a miner 80$ higher then i did 2-3 day before, so I will pass. 380 I might but still ...

For now I can't even mine on my main pool. both primary and secondary are reporting as dead for 3 days for obscure reasons when i know other peoples here mine on the same server as I want.

Lee is out until tomorow ...

1000S5 is 0.6MW.
Maintenance is 0.05$ kwh (including electricity and other fees), i.e. it's very cheap. That's why I'de written a strange so low active MW if they have 5MW in their DC

Scrypt-N chips from KNC Miner would seem energy efficient enough....I could put some of that excess capacity to work :-)

And the question we are all aching to know, how close are we to a decrease in hosting costs? That is, how many more miners to sell?

My hope is that by selling the remaining units at $380, they would still quickly, and allow you to reduce the hosting costs.

Then you can sell new units at $420 (or even at a slight premium, because as you say they come with free PSU rental, no shipping costs, no maintenance, no in-home annoyance (for home miners) and even lower hosting costs.)

btw, please confirm that the PSU is a rental. If we own the PSUs (meaning we can have them shipped along with the miner), that changes things.

The mining costs per day should include the costs of the PSU. Even being a cheap one it'll hopefully last three years, and be warrantied for one. I think he was just overstating the fact that PSUs were included. I fully doubted that we were buying to PSU too, as the miners WERE priced great. The miner cost per day is way over electric use, so everything else is factored in.

Buying from bitmain shipping is included in the cost, according to everything I've heard. So no accounting for that please. I can't check now as their shopping cart ends up having a 502 cloudflare error for passport.bitmain.com(If someone is DDOS'ng that, well done protest!). For maintenance, I rather have the pleasure of changing things myself, then being stressed out that a miner needs something done to it, especially if it's down. As for the sound of the fan at home and the heat during the summer, yes that's an annoyance, during late fall, winter, and early spring, the money making heating is the best heating to have.

I really don't want a $40 power supply, and 100% think it's a rental. With one of these S5 at home, if it comes down to attrition, I'll use a different premium power supply for each side--the lower ones are building up as they just don't die out. And have no need of that shipping cost, if it fact it was included.

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I have no clue about that fund thing. I never noticed a promise of profit of 1% per month before here. But apparently, 400 shares at 1btc each can be obtained and earn at least 1% profit. I guess it's to fund more miners?

Not going to complain as bitmaintech is your supplier and they mave have asked you to sell at 419 not 380.
I will say when bitmaintech sold at 379 you sold at 340 and I did get 4 of them from you all lower cost then bitmaintech.

To all that are annoyed at bitmaintech remember buying coins is another option.

 To lee you sold a lot at 340 which was lower then bitmaintech once again I thank you for this.

 If you have 40 or 50 to sell you may as well hash them into your own wallet.
To us miners please remember this was caused by bitmaintech not lee.
On a business end none of us know if bitmaintech said to lee don't sell at 380 match our price.

We may as well let him mine with the 40 or 50 he has left and make some money for himself.

I have been with lee since April of 2014  he weathered the crash of LTC and alt coins did not screw customers.
He also dealt with the drop of btc from 600 usd to 200usd and did not screw customers.

None of us know what his supplier has asked him to do.  So I am cutting him slack on this.

I still don't like bitmaintech's new pricing as a miner, but as a business guy I see why they did it.

To be clear, my point was that purchasers are saving on the shipping costs, which can be quite substantial (to the US, anyway), and these are benefits he provides to the buyer (in exchange for hosting costs, of course). Also, I assume his shipping costs are considerably lower, as he's local.

yes, the psu is belong to customer, you can ask me to ship it to you at the end of the host

one simple way to avoid such issue is set one f2pool account as your third pool, we never have connection issue with f2pool

I think the connection issues you guys are speaking of is the firewall china has..  If the farm is located there that is why he can connect to f2 pool easy as they have a port 80 mining stratum..i think if the other pools had such a port it would be no prob for lee.. just a thought

edit  f2pool ports..  looks like they also have a low port 25 aswell..   https://www.f2pool.com/help

Best regards
d57heinz