Topic: ANTMINER S3+ Discussion and Support Thread - page 275. (Read 710164 times)

we are fucked with next difficulty increase... 

I have not taken any of my S3s apart. Is that what you are suggesting? The temp is always under 40C.

Did you make sure the heatsinks were tight? Sounds like heat issue.

can someone shed some light on one of my S3s?

The chips are all ok, no errors reported (as in "x" or "-") and what happens, when I power off the S3 it starts hashing at 450gh/s but veeery slowly over 18-24 hours drops down to 405gh/s average (thats using stats from the miner itself). Why is this happening ? Powering it off and restarting is bit of a pain as the only way to do it is to pull the cables manually out in order not to shut down other miners.

Abandon Ship   

Our next increase is already looking like it will be about 23+ %.

but swimmer63  that is Christ {or is it just jpchrist}  talking  he should know all.  If he say 40% we will be lucky if it is not 42 or 45%!

So..I'm really kind of tired of everyone trying to be politically correct. This JennaK person (male or female) has been disruptive of this thread and other forum threads for a month or more at this point.  He/She has serious negative trust.  He/She repeatedly asks the same inane questions multiple times on multiple threads. What more, exactly, does he/she need to do to get banned by a moderator?

anyone who still have unused coupons? message me. need 2

Given the depth of commercial mines today, a 40% increase in one adjustment is highly improbable.  
I am guessing the past few mild increases have more to do with hobbyists turning off their miners and no new mega deployments coming online.  But it's nearly impossible to predict with any certainty what is happening as the total size of the network is now so big.  It's all guesswork.

Well the GPL is a license that has to be respected in the benefit of all of us, that includes Bitmain, since it is thanks to the GPL that Bitmain can use the software just like all of us. The GPL is a very well designed license, it was created by Richard Stallman from the GNU foundation, Richard in the early 80's could visualize stuff we were completely blind at the time, my full respect for Richard Stallman this is a person we should all listen to.

Well its going to take 2 weeks for anything can get to me..
I do have free electricity though.

Yes you will have ROI...every investment has ROI....question is will it be negative, net or positive. I assume that everyone saying just ROI ...ROI ...ROI is implying a positive ROI. 

Not even close...

By the time I get my antminers from the U.S I'll never ROI!

A 40% diff increase is not out of the question...

Bitmain was better, I am not sure whats happening, they used to sell from stock and every few days they would lower the price to compensate for the increased difficulty, hopefully they did not find a map from Sam where he shows them the path, at the last days of the S1 it was selling for $180 dollars ( in btc), and I am sure the S3 only costs a little bit more to produce that the S1.

KNC was good in 2013, and now they are terrible.
BFL was never good.
Avalon was only good in the first 2 batches, and then collapsed.
Spondoolies ?



I chat all day on a lot of trollboxes/forums.  You said it perfectly, I am not sure whats happening.

When people would ask if there was any way to have a chance at making money I would automatically say bitmain and rattle off your reasons above.  ( taking each individuals location and electric costs into consideration ).   Now I say Bitmain is the best, but buying an s3 now at .66 you are mining in most cases just to have a chance at not loosing a lot.  Forget ANY possible chance at ROI.

This next difficulty change is, atm, a game changer for anyone purchasing today at current .66 price.  ( free electricity?  Well then go for it. )

Really hope you get a reply this time...

The problem are not really the hardware geeks that purchase at no ROI, since eventually they would stop buying they are a finite number with finite money, the real problem is that Bitmain mines themselves so there is not a big motivation for them to make us ROI, as of now with free electricity it takes 92 days to ROI using a 10% difficulty increase which is very realistic.

I seen those geeks you talk about only a month or 2 ago, an S1 was sold for $3000 on ebay at absolutely no ROI.

There is a complete lack of competition in the hardware asic for Bitcoin.
I was hoping that with the difficulty increase the price for batch 7 would be lower, and instead it is higher since the beginning of batch 5 it was 0.64, and now it is 0.66 with a higher difficulty.

It seems that Bitmain's formula is to make us ROI under free electricity in 90 days, which is not very good, since depending how much you pay for electricity you could ROI in 6 months or never.

And the problem with spondoolies with the sp30 is that it is being sold on preorders with a month and a half in advance, Bitmain is only an 8 day preorder, so as far as preorders go Bitmain wins.

Eventually the market is going to saturate, and if the sp30 starts selling from stock which I think it might once sales slow down and sales are slowing down, and taking into consideration that spondoolies does not mine (someone correct me if I am wrong, since almost every hardware vendor mines for themselves), this could force a little bit of competition and force the s3 prices to go down or viewing things from a different point of view it could force the sp30 prices to go down.

The S3 is a very good product, but at the wrong price, since it does not ROI for most of us or barely ROI.
I would make a rough estimate that the cost of the S3 for Bitmain is probably $100, maybe a little more, so for each S3 sold there is currently a $280 profit, while if we break even we are lucky, we could maybe with luck in our favor make $50, the balance is all to one side, that is not good for us.
if the S3 where to be priced at $250 each, even at $280 it still be a fair price,  at the time of this writing, Bitmain and us would be making about equal profit which is fair and it would increase their sales tremendously, but Bitmain lacks the motivation to do that simply because the mine themselves.

An indication that sales are beginning to slow down is that batch 6 did not sold out, and spondoolies September batch also has not sold out.

I myself will need a lot of miners, since I am building a small data center, however my data center it is not ready and will not be ready for a few months, and when I buy I will aim if possible to ROI at most in 2 months, anything about that and it is very high risk.

Ironically the S3 was a better purchase when it was first released since lower price and lower difficulty, implied quicker ROI, the last good batch for some ROI was the beginning of batch 5.

Bitmain should consider that we ROI, as of now the S3 is the best one for the money but the lack of ROI ruins everything and that is a decision Bitmain has taken, but they take the risk that someone else delivers, that someone else now does not exist, but sooner than later it could exist, on the other hand Bitmain could realize the splitting the profits is actually something fair, lets see what happens, I for now will be monitoring prices for potencial ROI, but at current prices I am not buying, I am happy I was able to get 4 S3 when both difficulty and price where lower.

Bitmain was better, I am not sure whats happening, they used to sell from stock and every few days they would lower the price to compensate for the increased difficulty, hopefully they did not find a map from Sam where he shows them the path, at the last days of the S1 it was selling for $180 dollars ( in btc), and I am sure the S3 only costs a little bit more to produce that the S1.

KNC was good in 2013, and now they are terrible.
BFL was never good.
Avalon was only good in the first 2 batches, and then collapsed.
Spondoolies ?