Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 381. (Read 527816 times)

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

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

Preach it, brother

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

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".

 

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

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

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

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.

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

re: that post ... exahash, not hexahash

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.