ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 230.

wolfen

hero member

Activity: 770

Merit: 523

Quote from: dmwardjr on November 04, 2015, 04:09:39 PM

Quote from: Biodom on November 04, 2015, 08:50:13 AM

Quote from: dmwardjr on November 04, 2015, 07:53:59 AM

Quote from: notlist3d on November 04, 2015, 07:50:00 AM

Yep looks like batch 5 might be out at:

Price: 1799 USD
( 3.82 BTC )

Sold Out

So that is crazy good price compared to other's. Would not surprise me if they re-open at a higher rate in a day or so.

I would not be surprised either. I really don't see this pump stopping anytime soon. Yes, we will have our moments of consolidation. But, it will continue going up. I have my thoughts on how high it will go just before the halving [Where it will dump; then climb again after the halving].

care to share here or in speculation?

I'm with user100000 regarding "speculation." He's located on tradingview.com. Here's a link to his "space" on trading view: https://www.tradingview.com/u/user100000/

Quite the wild ride sir.

dmwardjr

legendary

Activity: 1302

Merit: 1318

Technical Analyst/Trader

Quote from: Biodom on November 04, 2015, 08:50:13 AM

Quote from: dmwardjr on November 04, 2015, 07:53:59 AM

Quote from: notlist3d on November 04, 2015, 07:50:00 AM

Yep looks like batch 5 might be out at:

Price: 1799 USD
( 3.82 BTC )

Sold Out

So that is crazy good price compared to other's. Would not surprise me if they re-open at a higher rate in a day or so.

I would not be surprised either. I really don't see this pump stopping anytime soon. Yes, we will have our moments of consolidation. But, it will continue going up. I have my thoughts on how high it will go just before the halving [Where it will dump; then climb again after the halving].

care to share here or in speculation?

I'm with user100000 regarding "speculation." He's located on tradingview.com. Here's a link to his "space" on trading view: https://www.tradingview.com/u/user100000/

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Dr Charles on November 04, 2015, 02:56:18 PM

Quote from: Primeys on November 04, 2015, 02:46:50 PM

If i would order five S7. To Sweden what is best to use : Fedex UPS or DHL ?

put them in your basket and choose each option. It will show which is the cheapest.

It also depends on area. Mine UPS and Fedex work fine. But I'm on the edge of the DHL's route so it's always drama and I drive to meet him or it's late.

But for some DHL is amazing. So I would base it off your other packages on what is best for you. It really does very depending on your carrier.

Dr Charles

legendary

Activity: 1708

Merit: 1080

Quote from: Primeys on November 04, 2015, 02:46:50 PM

If i would order five S7. To Sweden what is best to use : Fedex UPS or DHL ?

put them in your basket and choose each option. It will show which is the cheapest.

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Interesting price adjustment from Bitmain.

Decided to do this again instead of buying an S7.

Good luck everyone.

Primeys

newbie

Activity: 24

Merit: 0

If i would order five S7. To Sweden what is best to use : Fedex UPS or DHL ?

-droid-

legendary

Activity: 1050

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Quote from: VirosaGITS on November 04, 2015, 02:20:56 PM

Quote from: hawkfish007 on November 04, 2015, 12:33:55 PM

Not sure if it will pay off, but couldn't resist a B4 for 3.557 shipped. Ordered 2 B5s yesterday for little over 4 BTC each. Hopefully, BTC price will go up or remain the same.

Indeed with the Value of of the BTC raising and Bitmain not raising the USD price... i'd say i'm conditionally revoking my comments that the S7 pricing is overpriced and broken. As long as the price of BTC stays over 350$ for a few months, they are now a great buy.

yeah but having to wait a month for them to ship from china.. you never know what the btc price will be around that time

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: hawkfish007 on November 04, 2015, 12:33:55 PM

Not sure if it will pay off, but couldn't resist a B4 for 3.557 shipped. Ordered 2 B5s yesterday for little over 4 BTC each. Hopefully, BTC price will go up or remain the same.

Indeed with the Value of of the BTC raising and Bitmain not raising the USD price... i'd say i'm conditionally revoking my comments that the S7 pricing is overpriced and broken. As long as the price of BTC stays over 350$ for a few months, they are now a great buy.

hawkfish007

hero member

Activity: 895

Merit: 504

Not sure if it will pay off, but couldn't resist a B4 for 3.557 shipped. Ordered 2 B5s yesterday for little over 4 BTC each. Hopefully, BTC price will go up or remain the same.

bbOOmm

sr. member

Activity: 277

Merit: 250

For those who are interested in the fan noise of an S7.... I took a couple readings...

For reference, I have my S7's set up with 100% fan, I'm still a pretty firm believer of keeping electronics cool for the longevity of the investment. If anyone wants dB readings of different fan speeds, I can do that, just let me know. ( Maybe I'll put together a chart )

Measuring a single S7 B3 with 100% fan, also in the sound reading was the power supplies singing along but they were further back from the dB meter.

85dB at 1ft from the dB meter
75db at 3ft from the dB meter

~A~ weighting vs ~C~ weighting did not produce much diference. ~A~ was maybe 1-2 dB lower than ~C~ weighting

For reference:

Weakest sound heard   0dB
Whisper Quiet Library at 6'   30dB
Normal conversation at 3'   60-65dB
Telephone dial tone   80dB
City Traffic (inside car)   85dB
Train whistle at 500', Truck Traffic   90dB
Jackhammer at 50'   95dB

rockyforever

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Activity: 429

Merit: 250

New ROI is 112 days with .10 K/Wh at current bitcoin price

notlist3d

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Activity: 1456

Merit: 1000

Quote from: Primeys on November 04, 2015, 10:35:04 AM

I Have a question: If i would buy from Sweden five Antminer S7. How much VAT would be added later on when it gets shipped? Say it cost 1799:- each Times five = 8995:- + VAT? = Huh

Customs "tull" In Sweden would then i presume add the value added tax and bill me within a month i guess... Anyone that has Experience with Buying form Bitmain before and can fill me in on this issue?

Also if i add a Company VAT number with my friends company. Would they Discard the VAT totally? or just bill the company? . Heard different things from different sources

One more thing; looked at one alternative site that ships within the EU, Called http://www.antminerdistribution.com/ . How reliable is that company? if even at all? they claim to Sell S7 overpriced in EUR with VAT included Antminer S7 – 4.86 TH/S – Batch 5
€1.914,- VAT excl./€2.316,- VAT incl.. How can one know if this is true?

They ship it out with correct value on it. If you have a vat yes you will be charged a vat. They will bill you not bitmain on the vat.

If you use a friends company vat number like you suggested you would be breaking the law I'm guessing of your country. I would not personally go into breaking laws to save from vat.

wolfen

hero member

Activity: 770

Merit: 523

Quote from: Biodom on November 04, 2015, 11:25:47 AM

Interesting thing about S7 B2, running at prescribed 575. Initially, errors was just Ok, but after a couple of soft reboots it latched itself in a very favorable configuration.
In almost 2 days I got just 145 HW errors, which is 0.0001%. Anybody had theirs this low in errors?
I am afraid to reset it to try higher speeds.

Quote from: wolfen on November 04, 2015, 11:10:54 AM

Banks can't lend the same 1000BTC to 1000 people, no fractional reserve baby! One for one.

re banks, of course they will try fractional (at least using ETF), they did it with gold.

Gold you can hide and "say" you have X tons, BTC on the blockchain.

dogjunior

sr. member

Activity: 407

Merit: 255

Quote from: notlist3d on November 04, 2015, 09:32:15 AM

Quote from: Biodom on November 04, 2015, 09:18:34 AM

Quote from: jermwerty on November 04, 2015, 01:55:04 AM

Wow 3.8BTC for the next batch now. Crazy.

Those who paid 8 BTC or heck even my S7 I paid 5.8BTC for that shoud arrive tomorrow costs too much!

How high is BTC gonna go on this run? Some people may get some sweet deals on S7s but its going to screw the early guys that's for sure!

how does it screw me when i insta-bought BTC to pay for the miner (or used coinbase USD wallet, which is essentially the same).
I essentially paid $$ for it (same price then as now) plus will enjoy ~2 extra months of mining, hopefully.

It is for those holding BTC and buying with BTC instead of holding. If you spend USD (or get BTC instant to pay for something) I could see how it is a different investment.

But if hold BTC and paid at 230 and now it's 490ish you would have been better just holding. So I think it depends on if you paid with a stockpile of coin or via usd/instant BTC for miner.

It is always the same story. Someone pays too much BTC and then complains that they could now pay less because the price for BTC has gone up. However think about this. What if BTC tanks now back to the $260 level and Bitmain canceled batch 5 and refunded your BTC back at what you paid. You get back 3.75 BTC worth about $975. I bet people would complain that they paid $1800 for the S7 and not 3.75 BTC.

Biodom

legendary

Activity: 3892

Merit: 4331

Interesting thing about S7 B2, running at prescribed 575. Initially, errors was just Ok, but after a couple of soft reboots it latched itself in a very favorable configuration.
In almost 2 days I got just 145 HW errors, which is 0.0001%. Anybody had theirs this low in errors?
I am afraid to reset it to try higher speeds.

Quote from: wolfen on November 04, 2015, 11:10:54 AM

Banks can't lend the same 1000BTC to 1000 people, no fractional reserve baby! One for one.

re banks, of course they will try fractional (at least using ETF), they did it with gold.

wolfen

hero member

Activity: 770

Merit: 523

Quote from: fullzero on November 04, 2015, 09:54:51 AM

Quote from: Biodom on November 04, 2015, 09:18:34 AM

Quote from: jermwerty on November 04, 2015, 01:55:04 AM

Wow 3.8BTC for the next batch now. Crazy.

Those who paid 8 BTC or heck even my S7 I paid 5.8BTC for that shoud arrive tomorrow costs too much!

How high is BTC gonna go on this run? Some people may get some sweet deals on S7s but its going to screw the early guys that's for sure!

how does it screw me when i insta-bought BTC to pay for the miner (or used coinbase USD wallet, which is essentially the same).
I essentially paid $$ for it (same price then as now) plus will enjoy ~2 extra months of mining, hopefully.

I'm going to use your strategy from now on Biodom; it's crazy that I paid 2x the BTC for my S7's compared to what they would cost to buy now. I am glad I managed some restraint and didn't go all in on S7's.

I have an electric fund that I use to hedge against low BTC exchange rate prices. It works like this:
when the BTC exchange rate is high, I sell enough BTC to cover 6-8 months of electric payments. I keep the resulting usd separate ( elec fund ) and pay the elec bill from it. If the exchange rate goes down; It only hurts me if it stays down longer than I can pay the electric bill from my fund.

In my experience it is best to have faith that over a long enough time frame the BTC exchange rate will go up.

Get ready for when a major bank admits they can't copy Bitcoin; and calls forth the real moon.

Banks can't lend the same 1000BTC to 1000 people, no fractional reserve baby! One for one.

Primeys

newbie

Activity: 24

Merit: 0

I Have a question: If i would buy from Sweden five Antminer S7. How much VAT would be added later on when it gets shipped? Say it cost 1799:- each Times five = 8995:- + VAT? = Huh

Customs "tull" In Sweden would then i presume add the value added tax and bill me within a month i guess... Anyone that has Experience with Buying form Bitmain before and can fill me in on this issue?

Also if i add a Company VAT number with my friends company. Would they Discard the VAT totally? or just bill the company? . Heard different things from different sources

One more thing; looked at one alternative site that ships within the EU, Called http://www.antminerdistribution.com/ . How reliable is that company? if even at all? they claim to Sell S7 overpriced in EUR with VAT included Antminer S7 – 4.86 TH/S – Batch 5
€1.914,- VAT excl./€2.316,- VAT incl.. How can one know if this is true?

fullzero

legendary

Activity: 1260

Merit: 1009

Quote from: Biodom on November 04, 2015, 09:18:34 AM

Quote from: jermwerty on November 04, 2015, 01:55:04 AM

Wow 3.8BTC for the next batch now. Crazy.

Those who paid 8 BTC or heck even my S7 I paid 5.8BTC for that shoud arrive tomorrow costs too much!

How high is BTC gonna go on this run? Some people may get some sweet deals on S7s but its going to screw the early guys that's for sure!

how does it screw me when i insta-bought BTC to pay for the miner (or used coinbase USD wallet, which is essentially the same).
I essentially paid $$ for it (same price then as now) plus will enjoy ~2 extra months of mining, hopefully.

I'm going to use your strategy from now on Biodom; it's crazy that I paid 2x the BTC for my S7's compared to what they would cost to buy now. I am glad I managed some restraint and didn't go all in on S7's.

I have an electric fund that I use to hedge against low BTC exchange rate prices. It works like this:
when the BTC exchange rate is high, I sell enough BTC to cover 6-8 months of electric payments. I keep the resulting usd separate ( elec fund ) and pay the elec bill from it. If the exchange rate goes down; It only hurts me if it stays down longer than I can pay the electric bill from my fund.

In my experience it is best to have faith that over a long enough time frame the BTC exchange rate will go up.

Get ready for when a major bank admits they can't copy Bitcoin; and calls forth the real moon.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Biodom on November 04, 2015, 09:18:34 AM

Quote from: jermwerty on November 04, 2015, 01:55:04 AM

Wow 3.8BTC for the next batch now. Crazy.

Those who paid 8 BTC or heck even my S7 I paid 5.8BTC for that shoud arrive tomorrow costs too much!

How high is BTC gonna go on this run? Some people may get some sweet deals on S7s but its going to screw the early guys that's for sure!

how does it screw me when i insta-bought BTC to pay for the miner (or used coinbase USD wallet, which is essentially the same).
I essentially paid $$ for it (same price then as now) plus will enjoy ~2 extra months of mining, hopefully.

It is for those holding BTC and buying with BTC instead of holding. If you spend USD (or get BTC instant to pay for something) I could see how it is a different investment.

But if hold BTC and paid at 230 and now it's 490ish you would have been better just holding. So I think it depends on if you paid with a stockpile of coin or via usd/instant BTC for miner.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: jermwerty on November 04, 2015, 01:55:04 AM

Wow 3.8BTC for the next batch now. Crazy.

Those who paid 8 BTC or heck even my S7 I paid 5.8BTC for that shoud arrive tomorrow costs too much!

How high is BTC gonna go on this run? Some people may get some sweet deals on S7s but its going to screw the early guys that's for sure!

how does it screw me when i insta-bought BTC to pay for the miner (or used coinbase USD wallet, which is essentially the same).
I essentially paid $$ for it (same price then as now) plus will enjoy ~2 extra months of mining, hopefully.

Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 230. (Read 527809 times)