I have 9 AntMiner S3's and they all stopped hashing about 30 minutes ago. All were at the same temperature they've always been at, 40-44c. No modifications. No overclocking. They've been running for days without issue. The Miner Status page no longer shows the ASIC info, with all 3 sections empty. Did I get hacked in some way? What the heck is going on? I'm obviously very distressed right now.
I'm not sure what system/kernel log info is relevant, but I see this entry below, which seems to be discovery OK, but disconnected. I don't have a working S3 to compare logs.
Wed Aug 20 17:16:10 2014 kern.info kernel: [ 22.970000] usb 1-1.1: USB disconnect, device number 3
Wed Aug 20 17:16:10 2014 kern.info kernel: [ 22.970000] bitmainbl 1-1.1:1.0: USB Bitmain asic #0 now disconnected
Wed Aug 20 17:16:10 2014 kern.info kernel: [ 23.270000] usb 1-1.1: new full-speed USB device number 4 using ehci-platform
Wed Aug 20 17:16:10 2014 kern.info kernel: [ 23.540000] bitmain 1-1.1:1.0: USB Bitmain asic device now attached to USB Bitmain asic-0
Wed Aug 20 17:16:10 2014 kern.warn kernel: [ 23.550000] PIC microchip usb OK
Wed Aug 20 17:16:11 2014 kern.info kernel: [ 24.580000] bitmain 1-1.1:1.0: USB Bitmain asic #0 now disconnected
Topic: ANTMINER S3+ Discussion and Support Thread - page 225. (Read 710164 times)
anyone familiar with openwrt's implementation of opkg? apparently on the S3's "OPKG Update" isn't working.
When I run it i get the following:
I checked the path at http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/ and Packages.gz does not exist.
Anyone have a clue how to resolve this?
When I run it i get the following:
Code:
root@LabS31:/# opkg update
Downloading http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/Packages.gz.
wget: server returned error: HTTP/1.1 404 Not Found
Collected errors:
* opkg_download: Failed to download http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/Packages.gz, wget returned 1.
Downloading http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/Packages.gz.
wget: server returned error: HTTP/1.1 404 Not Found
Collected errors:
* opkg_download: Failed to download http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/Packages.gz, wget returned 1.
I checked the path at http://downloads.openwrt.org/snapshots/trunk/ar71xx/packages/ and Packages.gz does not exist.
Anyone have a clue how to resolve this?
The ROI with bitcoin purchases can depend on how you look at it. I purchased some S1s with bitcoins that I purchased at about $350. To keep the math simple, say the bitcoin value was $650 when I purchased an S1 at 1 BTC. Did the S1 cost me $350 or $650?
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
You should look into whether or not you can qualify as a manufacturer in your jurisdiction. We had to take the issue to court with the state, but prevailed. Thus all digital products we produce are inventory; and there is no taxable event until the item which we manufactured is sold.
Our position, was that the definition of manufacturing (in our area) was "Usuing machines, manpower, materials, and or energy to create a new tangible item." We argued that is exactly what we were doing. Rearranging 1s and 0s and producing paper wallets.
Victory for us. We ended up landing a sales tax exemption, and manufacturing exemption.
Strato
interesting...where are you (in US)?
Yes
state, man, is it a secret?
If btc goes to $5,000 next august.
** Buy .58 btc and in a year you'll have .58 btc.
** Buy a S3+ and in a year you'll have .58 btc. And at that time the S3+ will produce a small amount of btc at a rate of $500 per 1 btc.
Multiplying btc price by ten is like dividing your electrical cost by 10. The day you have to turn off the s3, because electric cost more than it makes, could be 20 years if btc keeps doubling.
If btc stays at $500, the S3+ will break even and the only profit is from the parts for a future s12 upgrade.
** Buy .58 btc and in a year you'll have .58 btc.
** Buy a S3+ and in a year you'll have .58 btc. And at that time the S3+ will produce a small amount of btc at a rate of $500 per 1 btc.
Multiplying btc price by ten is like dividing your electrical cost by 10. The day you have to turn off the s3, because electric cost more than it makes, could be 20 years if btc keeps doubling.
If btc stays at $500, the S3+ will break even and the only profit is from the parts for a future s12 upgrade.
You are failing to factor in difficulty friend. BTC could be $5,000,000 each - but if the S3+ takes 10,000 years to mine one your power costs will far exceed any revenue produced.
If btc goes to $5,000 next august.
** Buy .58 btc and in a year you'll have .58 btc.
** Buy a S3+ and in a year you'll have .58 btc. And at that time the S3+ will produce a small amount of btc at a rate of $500 per 1 btc.
Multiplying btc price by ten is like dividing your electrical cost by 10. The day you have to turn off the s3, because electric cost more than it makes, could be 20 years if btc keeps doubling.
If btc stays at $500, the S3+ will break even and the only profit is from the parts for a future s12 upgrade.
** Buy .58 btc and in a year you'll have .58 btc.
** Buy a S3+ and in a year you'll have .58 btc. And at that time the S3+ will produce a small amount of btc at a rate of $500 per 1 btc.
Multiplying btc price by ten is like dividing your electrical cost by 10. The day you have to turn off the s3, because electric cost more than it makes, could be 20 years if btc keeps doubling.
If btc stays at $500, the S3+ will break even and the only profit is from the parts for a future s12 upgrade.
The ROI with bitcoin purchases can depend on how you look at it. I purchased some S1s with bitcoins that I purchased at about $350. To keep the math simple, say the bitcoin value was $650 when I purchased an S1 at 1 BTC. Did the S1 cost me $350 or $650?
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
You should look into whether or not you can qualify as a manufacturer in your jurisdiction. We had to take the issue to court with the state, but prevailed. Thus all digital products we produce are inventory; and there is no taxable event until the item which we manufactured is sold.
Our position, was that the definition of manufacturing (in our area) was "Usuing machines, manpower, materials, and or energy to create a new tangible item." We argued that is exactly what we were doing. Rearranging 1s and 0s and producing paper wallets.
Victory for us. We ended up landing a sales tax exemption, and manufacturing exemption.
Strato
interesting...where are you (in US)?
Yes
I respectfully disagree. The S3+ will have no value in 1 year. Even with just a 10% difficulty increase per step; in 365 days the S3+ would return an average yield of 0.00066 BTC per day on 9/20/15 - IF your power cost was 0. If you paid anything over $0.02 kW/hr you would be mining at a loss.
Who would buy it?
I don't see any value there.
Strato
Who would buy it?
I don't see any value there.
Strato
Please send me your worthless S3 next September. I'll even pay for shipping if you're in the US. Has to be in working condition.
If you pay the shipping
BTC rise in value is irrelevant when considering profit. If you purchase the unit WITH BTC, had you simply just saved the BTC, at the end of 3 years you would still have the same amount of BTC.
So if .58 BTC cost will return .58 BTC return over a term of 3 years, had you simply held and not purchased, you would still have .58 BTC.
And in 3 years, the Miner, and PSU, will be worth nothing.
Purchasing a S3+ at .58 BTC is 100% - Hands Down - Burning your Money. You are essentially buying a device that costs .58 BTC that will, factoring all the near impossibilities I listed, return .58 back.
It's a lose lose.
Strato
And that is why I said to do the calculation with different time frame. S3 will still have value in 1 year, just like S1 still has value today. If you sell the equipment when it still has value you can come out ahead. You would likely be able to re-use the PSU if you upgraded to newer equipment so no loss there.So if .58 BTC cost will return .58 BTC return over a term of 3 years, had you simply held and not purchased, you would still have .58 BTC.
And in 3 years, the Miner, and PSU, will be worth nothing.
Purchasing a S3+ at .58 BTC is 100% - Hands Down - Burning your Money. You are essentially buying a device that costs .58 BTC that will, factoring all the near impossibilities I listed, return .58 back.
It's a lose lose.
Strato
I respectfully disagree. The S3+ will have no value in 1 year. Even with just a 10% difficulty increase per step; in 365 days the S3+ would return an average yield of 0.00066 BTC per day on 9/20/15 - IF your power cost was 0. If you paid anything over $0.02 kW/hr you would be mining at a loss.
Who would buy it?
I don't see any value there.
Strato
I respectfully disagree. The S3+ will have no value in 1 year. Even with just a 10% difficulty increase per step; in 365 days the S3+ would return an average yield of 0.00066 BTC per day on 9/20/15 - IF your power cost was 0. If you paid anything over $0.02 kW/hr you would be mining at a loss.
Who would buy it?
I don't see any value there.
Strato
Who would buy it?
I don't see any value there.
Strato
Please send me your worthless S3 next September. I'll even pay for shipping if you're in the US. Has to be in working condition.
The ROI with bitcoin purchases can depend on how you look at it. I purchased some S1s with bitcoins that I purchased at about $350. To keep the math simple, say the bitcoin value was $650 when I purchased an S1 at 1 BTC. Did the S1 cost me $350 or $650?
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
You should look into whether or not you can qualify as a manufacturer in your jurisdiction. We had to take the issue to court with the state, but prevailed. Thus all digital products we produce are inventory; and there is no taxable event until the item which we manufactured is sold.
Our position, was that the definition of manufacturing (in our area) was "Usuing machines, manpower, materials, and or energy to create a new tangible item." We argued that is exactly what we were doing. Rearranging 1s and 0s and producing paper wallets.
Victory for us. We ended up landing a sales tax exemption, and manufacturing exemption.
Strato
interesting...where are you (in US)?
Any update on the shipping time of the S1 upgrades from Bitmain ?
Bob
Bob
The ROI with bitcoin purchases can depend on how you look at it. I purchased some S1s with bitcoins that I purchased at about $350. To keep the math simple, say the bitcoin value was $650 when I purchased an S1 at 1 BTC. Did the S1 cost me $350 or $650?
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
I feel that it only cost me $350 since that's what I paid for the 1 BTC.
For tax purposes, I'm using FIFO accounting similar to when opening and closing a stock "tax lot". But for tax purposes I'm not sure whether I should be taking a capital gain of $300 for when "I sold" the bitcoin and then claiming the S1 cost me $650.
Guess it depends on how the IRS treats. Will be fun at tax time.
You should look into whether or not you can qualify as a manufacturer in your jurisdiction. We had to take the issue to court with the state, but prevailed. Thus all digital products we produce are inventory; and there is no taxable event until the item which we manufactured is sold.
Our position, was that the definition of manufacturing (in our area) was "Usuing machines, manpower, materials, and or energy to create a new tangible item." We argued that is exactly what we were doing. Rearranging 1s and 0s and producing paper wallets.
Victory for us. We ended up landing a sales tax exemption, and manufacturing exemption.
Strato
My edit disappeared as well.
One can hope.
One can hope.
My first B8 order should be one of the first to be processed (2014-08-13 19:15:19.0) so (one would assume) it should be one of the first to ship as well. I'll post in this forum immediately after receiving notification of shipment. Watching it like a hawk now...
BTC rise in value is irrelevant when considering profit. If you purchase the unit WITH BTC, had you simply just saved the BTC, at the end of 3 years you would still have the same amount of BTC.
So if .58 BTC cost will return .58 BTC return over a term of 3 years, had you simply held and not purchased, you would still have .58 BTC.
And in 3 years, the Miner, and PSU, will be worth nothing.
Purchasing a S3+ at .58 BTC is 100% - Hands Down - Burning your Money. You are essentially buying a device that costs .58 BTC that will, factoring all the near impossibilities I listed, return .58 back.
It's a lose lose.
Strato
And that is why I said to do the calculation with different time frame. S3 will still have value in 1 year, just like S1 still has value today. If you sell the equipment when it still has value you can come out ahead. You would likely be able to re-use the PSU if you upgraded to newer equipment so no loss there.So if .58 BTC cost will return .58 BTC return over a term of 3 years, had you simply held and not purchased, you would still have .58 BTC.
And in 3 years, the Miner, and PSU, will be worth nothing.
Purchasing a S3+ at .58 BTC is 100% - Hands Down - Burning your Money. You are essentially buying a device that costs .58 BTC that will, factoring all the near impossibilities I listed, return .58 back.
It's a lose lose.
Strato
I respectfully disagree. The S3+ will have no value in 1 year. Even with just a 10% difficulty increase per step; in 365 days the S3+ would return an average yield of 0.00066 BTC per day on 9/20/15 - IF your power cost was 0. If you paid anything over $0.02 kW/hr you would be mining at a loss.
Who would buy it?
I don't see any value there.
Strato
My edit disappeared as well.
One can hope.
One can hope.
damn, that was too good to be true.
what ? they started shipping batch 8 ?
My Edit as disappeared too. Some insights?
Don't hold your breath, the 'Edit' link on my first B8 order disappeared weeks ago.
+1+1+1+1
what ? they started shipping batch 8 ?
My Edit as disappeared too. Some insights?
Don't hold your breath, the 'Edit' link on my first B8 order disappeared weeks ago.
what ? they started shipping batch 8 ?
My Edit as disappeared too. Some insights?
what ? they started shipping batch 8 ?
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