ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 378.

Liquid71

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There is NO Freedom without Privacy

Quote from: torepia on September 04, 2015, 07:24:55 AM

Quote from: valkir on September 04, 2015, 06:49:16 AM

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. Undecided

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead Wink

Btw, my grammar is horrible! Cool

Pretty sure that means they first revealed to the public that they were working on the chips this past Feb. now that tapeout has completed they are close to mass production

Xian01

legendary

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Christian Antkow

Quote from: d57heinz on September 04, 2015, 08:01:30 AM

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age Roll Eyes

Preach it, brother Sad

d57heinz

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Bitcoin Talks Bullshit Walks

Quote from: Tupsu on September 04, 2015, 08:10:48 AM

Quote from: d57heinz on September 04, 2015, 08:01:30 AM

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age Roll Eyes

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)

Best Regards
d57heinz

But Antpool is only 68.13 PH/s
Thus, nothing to do with S7

It has everything to do with it. You think that the other manufacturers are going to sit by while bitmain floods the market with more hash? Although at that price i cant imagine anyone biting.. But anyway.. You will see soon enough..Just remember bitmain arent shipping these paper weights till mid september. 3 more diff adjustments.. And then to save face they will throw a coupon at ya big enough to hope you bite on another machine lol..

Best Regards
d57heinz

dog1965

sr. member

Activity: 392

Merit: 250

here we go more S7's online and soon BITFURY miners to there goes the hash rate through the roof along with the DIFF while the price of the coin itself dropping I can see a very big bitcoin market crash coming soon!

then all miners will be worth $0.00 dollars. anyway bitcoin is for the rich and greedy the fun is long gone. "UNLESS YOUR RICH".

Tupsu

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Activity: 1218

Merit: 1003

Quote from: d57heinz on September 04, 2015, 08:01:30 AM

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age Roll Eyes

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)

Best Regards
d57heinz

But Antpool is only 68.13 PH/s
Thus, nothing to do with S7

d57heinz

legendary

Activity: 1453

Merit: 1011

Bitcoin Talks Bullshit Walks

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age Roll Eyes

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)

Best Regards
d57heinz

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

Quote from: Romanko on September 04, 2015, 07:22:32 AM

In the sea of new coins there should be some something worth of mining with the SHA256 gear.

Nope. None of the altcoins launching now would do anything with SHA256 as a major mining component as it would mean an immediate influx of hash rate from even the lowest-end of devices, making it very easy to force chain forks. The code to help prevent that is additional work that can much more easily be avoided by choosing different algorithms.

Quote from: torepia on September 04, 2015, 07:24:55 AM

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."
The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

Yeah, that's referencing February of 2015 - i.e. last February. You can check out CoinTerra's old timeline for their chip in https://en.bitcoin.it/wiki/ASIC . Things should be a bit more streamlined now if one were to use older node sizes, but given that BitFury has moved to 16nm, who knows what the timeframe between tapeout and chips in hand would be.

As for selling to the public.. that remains to be seen. They're entertaining investment opportunities, but not really general hardware sales. I haven't seen any public statements of their 28nm chip being used in the wild, let alone sales.

Anyway, Bitmain's miner is available now and I hope chip sales follows

Quote

Warning - while you were typing a new reply has been posted. You may wish to review your post.

re: that post ... exahash, not hexahash

notlist3d

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Activity: 1456

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Quote from: torepia on September 04, 2015, 07:24:55 AM

Quote from: valkir on September 04, 2015, 06:49:16 AM

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. Undecided

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead Wink

Btw, my grammar is horrible! Cool

They no doubt are releasing it trying to get some large clients to wait. The efficiency difference is pretty big. So we will see if they release more or not. I think they will remain a little quiet until as bitmain pumps out a lot fo S7's.

As far as them reachig a exahash I don't see it anytime soon. I want to reach a exahash... but I will never get it. So saying he want's it is not commuting to it.

But big thing is look at difficulty ... it still is going up. 2 decent changes in a row.

torepia

full member

Activity: 140

Merit: 100

Quote from: valkir on September 04, 2015, 06:49:16 AM

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. Undecided

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead Wink

Btw, my grammar is horrible! Cool

Romanko

sr. member

Activity: 325

Merit: 250

Quote from: jonnybravo0311 on September 04, 2015, 06:59:30 AM

Hexa is 1000 Peta.

ha-ha-hash is coming Cheesy

sounds like a sort smoking stuff thing Grin

Wow thats damn a lot..looks like BTC will have the net difficulty doubled or tripled in next year.
It would be good if the BTC price will raise with the net difficulty.
Or there will be more people mining reliable altcoins.
In the sea of new coins there should be some something worth of mining with the SHA256 gear.

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

*exahash

And BitFury only announced tape-out. Takes a while after that for things to be fabbed, packaged, etc.

jonnybravo0311

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Mine at Jonny's Pool

Hexa is 1000 Peta.

Romanko

sr. member

Activity: 325

Merit: 250

Quote from: valkir on September 04, 2015, 06:49:16 AM

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. Undecided

Oh brother...how much TH is in that HEXAHASH? 10000?

valkir

legendary

Activity: 1484

Merit: 1004

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. Undecided

Romanko

sr. member

Activity: 325

Merit: 250

Quote from: dmwardjr on September 03, 2015, 06:05:57 PM

Well, I ordered 9 x S7's. Wish I could have ordered 10. I might still order another in a few days. Hard to say... I feel like a young boy counting down the days to Christmas again. Cheesy

Congrats on your purchase:) wish I could order those now too, but am still in deciding and calculating.

First batch scares me a bit, want to see reviews of it working and so. But on the other hand during they will ROI, some other brands like SP and KN might release new models, and the higher is the risk the difficulty will rise not like during last year (+5% month), and that BTC price will no grow with network difficulty..and so on..

But anyway amazing efficiency in this new unit.

Wonder if Bitmain will continue manufacturing the S5+, or it was just a teaser getting rid of the S5 chips in new cover.

And if they will replace the miners they have in their mining farms with new chip models. They might still have some sale on used the S4, S4+, and S5 miners.

dog1965

sr. member

Activity: 392

Merit: 250

well I am out of the game on S7 I just cant afford that ridiculous absurd price oh well LIFE IT A BITCH THEN YOU DIE.

i

aurel57

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Activity: 1232

Merit: 1000

Quote from: Maude on September 03, 2015, 05:36:31 PM

Can someone tell me if Bitmain Tech is reliable ... will i receive my shipment
We are worried to order because of the payment methods ...

Please let me know what you think.

Thanks !

Bitmain is very reliable but the shipping to certain countries, other than the USA, can have its own set of problems. I live in the US and have my miners shipped UPS. Its fun to track/watch them make their way from China thru Alaska to Kentucky and then to me in Indiana. This has been done in 2-3 days time and at my door! By far the shipping to the US is great!

mswells

newbie

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Does anyone have a spare coupon they can send to me please ?

ID: mswells

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: suchmoon on September 03, 2015, 10:12:10 PM

Quote from: kodokbuduk on September 03, 2015, 09:15:50 PM

I tried to buy and put shipping location to my friend in mainland china and bring it to me, but the price S7 will be taxed 17% and I asked bitmain about that, they told me its VAT tax 17%..HUHHH?

My china friend told me, its not actually VAT tax, its just every export company is encourage by the China's government to export and get 17% tax refund. So if i select shipping to mainland china, then bitmain still charge 17%, bitmain doesnt wanna lose that 17% tax refund.

No wonder Bitmain doesnt want downgrade the value of the invoice, that company is looking for 17% value of the invoice tax refund....moree and more profit for bitmain hehh....

So where to buy Antminer for local china customer??? i dont think they will buy online directly from bitmain website...

There is a 17% tax (sales tax more so than VAT AFAIK) in China and your miner is not getting exported so Bitmain won't get a refund for that. Where exactly do you see a problem?

They have had this tax for a little while now. I think they were lucky they ran without this for as long as they did. If you think about it they ran for a LONG time without this tax.

I do agree it would not be fun for the customer to pay. Taxes and shipping are never fun.

suchmoon

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https://bpip.org

Quote from: kodokbuduk on September 03, 2015, 09:15:50 PM

I tried to buy and put shipping location to my friend in mainland china and bring it to me, but the price S7 will be taxed 17% and I asked bitmain about that, they told me its VAT tax 17%..HUHHH?

My china friend told me, its not actually VAT tax, its just every export company is encourage by the China's government to export and get 17% tax refund. So if i select shipping to mainland china, then bitmain still charge 17%, bitmain doesnt wanna lose that 17% tax refund.

No wonder Bitmain doesnt want downgrade the value of the invoice, that company is looking for 17% value of the invoice tax refund....moree and more profit for bitmain hehh....

So where to buy Antminer for local china customer??? i dont think they will buy online directly from bitmain website...

There is a 17% tax (sales tax more so than VAT AFAIK) in China and your miner is not getting exported so Bitmain won't get a refund for that. Where exactly do you see a problem?

Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 378. (Read 528055 times)