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It will help you determine the viability of bitcoin mining using the said hardware. While this may depend on whether bitcoin remains in the bullish territory or if your electricity cost is relatively cheap, it's always prudent to take an overview of the market and figure out the best bitcoin miners. These machines are known as application-specific integrated circuits or asics.
If everything goes as planned, you will see your hashrate, and the number of workers (in this case, 1) updated in the pool dashboard. Minerlink gui is easy, requiring only your mining pool credentials. The miner can run even the most potent mining hardware - the antminer s9. It, however, requires a minimum of 205 volts to operate.
It is a home bitcoin miner that may actually turn a profit, unlike bitcoin usb miners. Currently, there are listings for new antminer bitmain s19 pros for between $15,00 - $25,000. However, the buyer of the chips is still unknown even though there are some people who believe that the chips are sold to halong mining for the production of the dragonmint t1 miner.
But setting up the mining rig, checking for other factors like electricity cost, maintenance etc., is challenging. At the beginning, most miners used their own cpu for coin mining, but very quickly this was not enough to mine in quantity. To mine and earn good cryptocurrency, you will need to invest in powerful computer equipment like the gpu and asic.
The antminer s5 may not be the latest bitcoin mining hardware (other models like the s7 and s9, have come after it), but it is still in use, and its efficiency and function is exemplary. At this point, you should note that every generation of the antminer is near twice as efficient when compared to its predecessor. Basically, regular people who can't afford to start a mining farm or source dozens of asic miners can partner with a company like compassmining.