Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 377. (Read 528055 times)

BTC Crash Crash Crash Crash Crash WATCH! Just watch the global hash rate after all those S7's ship out.

Lol, you posted this on September 4th. There aren't 3 more difficulty adjustment between now and mid-September.   

If I remember correctly, Bitmain never used the pre-sale model to fund their company even with the S1. And they've always built miner for themselves and mined from day 1. Sure, they used profits from sales to the public to grow the company. But they were never "brought up from nothing" by us home miners. We were lucky to share in their success.

YES all those s5+ BITMAIN just sold.

perfect example why the mark will crash no disrespect.

You still have a month to wait....

I am just waiting for my machines to arrive and get mining.  I am also in the mean time looking for some industrial space to obtain some of that industrial electric to further reduce my costs. 

Both difficulty and global hash rate are rising... So, i think there are some new miners somewhere... and if Bitfury  (or anyone) releases a x20 times more efficient miner, the actual miners will be obsolet on next day... 

even if they come out with 16nm chip miners the price will be way to expensive for your average home miner to afford and the rich will buy them all up because they can and will double or increase there greedy hashrate and send the global hashrate through the roof then DIFF will go through the roof and BTC will drop to $0.00 per coin CRASH!!!!!!!!!!!!!

Even if your average home miner drops out it will not bring down the global hashrate to much because there are to many rich and greedy in the game. open your eyes its happening already. the rich and greedy destroy every good thing they get there stinking hands on. perfect example Donald Trump if you live in the usa.

Decentralized market what a joke.

Hint. Even when working with mature process nodes (which 14/16nm is NOT) it usually takes months to go from "tapeout" to "full production" on a chip.

 I still don't expect to see repeated 5% diff increases even with the new stuff comming out, but I'm not using 2% as my "diff increase for ROI calculation" estimate for the next few months.
 I DO suspect we're going to see a major DROP in diff shortly after the halfing, though I also suspect it'll take a few months for the "non-profitable" machine operators to realise that they're loosing money and to drop those machines out of the hashrate even after such a sudden drop.

 *goes back to shopping for adjustable EFFICIENT power supplies to give my S5s a fighting chance at RoI*

I hope he is wrong aswell.  I don't see BTC doing a crash right now.  But two big dificulty changes in a row it's looking. That is not good.

If it does not settle down it's hard to say what will happen.

I hope you are wrong...

Through all the BS talk bottom line the BTC market is going to crash or the home miner is going to be left out in the cold. Like I said BTC is only for the rich and greedy end of story you will see.

It's still early and I'm hoping that's just a bad estimate for the next difficulty jump.  It should be more accurate in a few days.

'production' in a press blurb can refer to anything, including e.g. the design process.  tape-out does come before manufacture, which is at least a bit more restrictive of a term.

Speculators are everywhere, so no one can actually save from them.
What I am saying that there should more reliable coins that could be mined and traded like the others so difficulty of BTC net wont raise so fast.
I am know people who code and promote many altcoins have really good intentions and plans, interesting and great ideas to serve people.

Why would you want another SHA256 alt-coin? Pump n dump?

Does it mean we will have no other reliable coin mined on SHA256 that can easily be converted to BTC?
Its sad the same algorithm network could powered by a huge amount of middle-small miners. But the coin should be oriented for them.
Big fishes who have mine sites over 5-10 PTH can make a move in powering some fork coin of BTC, and there would many followers from middle and small mining sites. There are many bright heads who know how to promote and make another coin live.


S7 is another step in evolution and many will try to get rid of their custom made mining sites like this one built on bitfury blades:
https://bitcointalksearch.org/topic/4-mines-for-sale-from-15ph-to-52-ph-1167388
For example Georgia (the country)) has its state custom made mining site, that is similar to size to mentioned above, and also is built by Bitfury.
So I wonder what are Spondoolies, KNC, occupied with? are they constantly making giant mining sites like those? Most Probably yes.
And for sure at this very moment multiple PTH farms are launched by the market leaders and the factories are full of orders for chips for next 3-4 month.

Venture capital is finding its ways into cryptocurrency world like water - cloud mining, or new chip mass production, new changers etc.
Pity they don't really occupy themselves in creating some options for care about the inviroment, the market is pushing them forward.

 

So Steve and Liquid: So they are basically 1 year behind schedule? I guess tape-out comes before production. And original production date was in february? 

sorry for coupon spam but im not getting any response in my marketplace thread

if youre willing to sell an s7 coupon please let me know

id like to buy one: https://bitcointalksearch.org/topic/wtb-bitmain-antminer-s7-100-coupon-1168390