ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 50.

HagssFIN

legendary

Activity: 2464

Merit: 1710

Electrical engineer. Mining since 2014.

Quote from: Mr. Kashif on February 26, 2016, 08:08:26 AM

Quote from: HagssFIN on February 26, 2016, 05:57:34 AM

Quote from: Mr. Kashif on February 26, 2016, 05:09:50 AM

I have 5 x BTC0.05 Antminer S7 Coupons and would like to sell it for BTC0.19. Anyone interested can PM me with your BITMAIN ID and I'll send you the coupon right away.
I'm literally in need of money, so, if anyone could help me it'd be great. I don't wanna lose faith in this forum. Please help people.

You are asking too much. They are worth only 0.25

How much do you offer?

Thanks, but I'm settled with my current set of Antminers and I already donated my S7 coupons.

Mr. Kashif

member

Activity: 99

Merit: 10

Quote from: HagssFIN on February 26, 2016, 05:57:34 AM

Quote from: Mr. Kashif on February 26, 2016, 05:09:50 AM

I have 5 x BTC0.05 Antminer S7 Coupons and would like to sell it for BTC0.19. Anyone interested can PM me with your BITMAIN ID and I'll send you the coupon right away.
I'm literally in need of money, so, if anyone could help me it'd be great. I don't wanna lose faith in this forum. Please help people.

You are asking too much. They are worth only 0.25

How much do you offer?

talks_cheep

legendary

Activity: 1036

Merit: 1000

Quote from: HagssFIN on February 26, 2016, 05:57:34 AM

Quote from: Mr. Kashif on February 26, 2016, 05:09:50 AM

I have 5 x BTC0.05 Antminer S7 Coupons and would like to sell it for BTC0.19. Anyone interested can PM me with your BITMAIN ID and I'll send you the coupon right away.
I'm literally in need of money, so, if anyone could help me it'd be great. I don't wanna lose faith in this forum. Please help people.

You are asking too much. They are worth only 0.25

He's in a dire financial situation, bought too many miners thinking he was gonna make a killing mining for bitcoins. Greedy noob mistake.

HagssFIN

legendary

Activity: 2464

Merit: 1710

Electrical engineer. Mining since 2014.

Quote from: Mr. Kashif on February 26, 2016, 05:09:50 AM

I have 5 x BTC0.05 Antminer S7 Coupons and would like to sell it for BTC0.19. Anyone interested can PM me with your BITMAIN ID and I'll send you the coupon right away.
I'm literally in need of money, so, if anyone could help me it'd be great. I don't wanna lose faith in this forum. Please help people.

You are asking too much. They are worth only 0.25

Mr. Kashif

member

Activity: 99

Merit: 10

I have 5 x BTC0.05 Antminer S7 Coupons and would like to sell it for BTC0.19. Anyone interested can PM me with your BITMAIN ID and I'll send you the coupon right away.
I'm literally in need of money, so, if anyone could help me it'd be great. I don't wanna lose faith in this forum. Please help people.

aarons6

legendary

Activity: 1736

Merit: 1006

Quote from: Matias on February 26, 2016, 03:30:36 AM

Quote from: aarons6 on February 26, 2016, 03:20:48 AM

yeah but look at what sidehack is doing..
he is selling a usb miner. that is 8ghs and costs 25$
this is around 3$ a ghs.

putting that in perspective that would make a s7 cost like 14,687$ (i do suck at math so maybe not)

so if bitmain made a 100$ miner that did like 100W and 300 ghs i think it would sell pretty good.

they seem to be selling a lot of those R1s for 50$ and it only does 5ghs.

Why would people buy this over new S7 or used S1. New S7 is more efficient and used S1 is cheaper.

he has sold 1000s of them.. i even got 5 myself.

they are only 1w or so, so the efficiency is far above a s7..

it just goes to show how far bitmain missed the market.

if they made a u4, with s7 chips, and sold them for 60-80$ i am pretty much 100% positive they will sell out in the pre-order.

Matias

full member

Activity: 182

Merit: 101

Quote from: aarons6 on February 26, 2016, 03:20:48 AM

yeah but look at what sidehack is doing..
he is selling a usb miner. that is 8ghs and costs 25$
this is around 3$ a ghs.

putting that in perspective that would make a s7 cost like 14,687$ (i do suck at math so maybe not)

so if bitmain made a 100$ miner that did like 100W and 300 ghs i think it would sell pretty good.

they seem to be selling a lot of those R1s for 50$ and it only does 5ghs.

Why would people buy this over new S7 or used S1 or Antminer USB. New S7 is more efficient and used S1 or USB miner are cheaper.

aarons6

legendary

Activity: 1736

Merit: 1006

Quote from: VirosaGITS on February 26, 2016, 03:04:27 AM

Quote from: aarons6 on February 26, 2016, 02:56:24 AM

Quote from: VirosaGITS on February 26, 2016, 02:50:35 AM

Quote from: Matias on February 26, 2016, 02:38:12 AM

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

On average, i think it will be. Bit datacenter picked up and now with their 2c/kWh or less electricity, they're always going to weight down the average to be profitable. Which means when something new can come out, it can be very profitable for someone with 10c/kWh, but its going to be expensive hardware and probably going to normalize back around 5c/kWh before its ROI'd significantly.

unfortunately this is up to the companies making the miners like bitmain to decide if they want to either make a large scale 5000W powerhouse machine or a 100W home miner..

large data centers arent going to fill up their buildings with 100W miners.. it woudlnt be cost effective for them.

i personally hoped that bitmain would have made the choice to make a smaller more efficient miner instead of flooding the market with larger less efficient ones.

money wise, they would have probably sold more home style ones as people would have bought 2 or 3 instead of not being able to afford to run a miner that takes 2000W+ and needs 220v to be efficient.

Bitmain would make a lot less money if they went back to small quiet home miners. Home miners are a tiny portion of their sales. They sell thousands of them and offer tiny rebate on 500 units orders of S7.

They really dont give a fuck about us wanting 2-3 quiet effective home miners.

yeah but look at what sidehack is doing..
he is selling a usb miner. that is 8ghs and costs 25$
this is around 3$ a ghs.

putting that in perspective that would make a s7 cost like 14,687$ (i do suck at math so maybe not)

so if bitmain made a 100$ miner that did like 100W and 300 ghs i think it would sell pretty good.

they seem to be selling a lot of those R1s for 50$ and it only does 5ghs.

Matias

full member

Activity: 182

Merit: 101

Quote from: aarons6 on February 26, 2016, 02:56:24 AM

Quote from: VirosaGITS on February 26, 2016, 02:50:35 AM

Quote from: Matias on February 26, 2016, 02:38:12 AM

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

On average, i think it will be. Bit datacenter picked up and now with their 2c/kWh or less electricity, they're always going to weight down the average to be profitable. Which means when something new can come out, it can be very profitable for someone with 10c/kWh, but its going to be expensive hardware and probably going to normalize back around 5c/kWh before its ROI'd significantly.

unfortunately this is up to the companies making the miners like bitmain to decide if they want to either make a large scale 5000W powerhouse machine or a 100W home miner..

large data centers arent going to fill up their buildings with 100W miners.. it woudlnt be cost effective for them.

i personally hoped that bitmain would have made the choice to make a smaller more efficient miner instead of flooding the market with larger less efficient ones.

money wise, they would have probably sold more home style ones as people would have bought 2 or 3 instead of not being able to afford to run a miner that takes 2000W+ and needs 220v to be efficient.

Bitmain is not going to make miners as a service to mankind. So they will of course do, what is most profitable to them. I would do the same. It is much more cost effective to sell smaller amount but more expensive miners.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: aarons6 on February 26, 2016, 02:56:24 AM

Quote from: VirosaGITS on February 26, 2016, 02:50:35 AM

Quote from: Matias on February 26, 2016, 02:38:12 AM

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

On average, i think it will be. Bit datacenter picked up and now with their 2c/kWh or less electricity, they're always going to weight down the average to be profitable. Which means when something new can come out, it can be very profitable for someone with 10c/kWh, but its going to be expensive hardware and probably going to normalize back around 5c/kWh before its ROI'd significantly.

unfortunately this is up to the companies making the miners like bitmain to decide if they want to either make a large scale 5000W powerhouse machine or a 100W home miner..

large data centers arent going to fill up their buildings with 100W miners.. it woudlnt be cost effective for them.

i personally hoped that bitmain would have made the choice to make a smaller more efficient miner instead of flooding the market with larger less efficient ones.

money wise, they would have probably sold more home style ones as people would have bought 2 or 3 instead of not being able to afford to run a miner that takes 2000W+ and needs 220v to be efficient.

Bitmain would make a lot less money if they went back to small quiet home miners. Home miners are a tiny portion of their sales. They sell thousands of them and offer tiny rebate on 500 units orders of S7.

They really dont give a fuck about us wanting 2-3 quiet effective home miners.

aarons6

legendary

Activity: 1736

Merit: 1006

Quote from: VirosaGITS on February 26, 2016, 02:50:35 AM

Quote from: Matias on February 26, 2016, 02:38:12 AM

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

On average, i think it will be. Bit datacenter picked up and now with their 2c/kWh or less electricity, they're always going to weight down the average to be profitable. Which means when something new can come out, it can be very profitable for someone with 10c/kWh, but its going to be expensive hardware and probably going to normalize back around 5c/kWh before its ROI'd significantly.

unfortunately this is up to the companies making the miners like bitmain to decide if they want to either make a large scale 5000W powerhouse machine or a 100W home miner..

large data centers arent going to fill up their buildings with 100W miners.. it woudlnt be cost effective for them.

i personally hoped that bitmain would have made the choice to make a smaller more efficient miner instead of flooding the market with larger less efficient ones.

money wise, they would have probably sold more home style ones as people would have bought 2 or 3 instead of not being able to afford to run a miner that takes 2000W+ and needs 220v to be efficient.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Matias on February 26, 2016, 02:38:12 AM

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

On average, i think it will be. Big datacenter popped up now with their 2c/kWh (or less) electricity, they're always going to weight down the average to be profitable. Which means when something new does come out, it can be very profitable for someone with 10c/kWh, but its going to be expensive hardware and probably going to normalize back around 5c/kWh before its ROI'd significantly.

Matias

full member

Activity: 182

Merit: 101

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

Yes. Allthough it is good to remember, that bitcoin's survival is not a natural consant Wink

But of course, mining has to be profitable to someone or no-one mines. But the sad truth is, that there can be equilibrium, where mining is profitable to those with very cheap (<5c/kWh) electricity and not to others. I quess we are in that situation and there is no reason, why it can't be permanent.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

I have an order from the 23rd that shipped today.

nhando

full member

Activity: 196

Merit: 100

I paid for it on the 22nd and 23rd, not shipped yet. Interestingly, anyone noticed that Antpool dropped by 30PH? Very interesting what's going on and why we're suddenly seeing a network difficulty drop. Interesting times for sure.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: nhando on February 25, 2016, 10:54:55 PM

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

last 30 hours we are at a 155-160 block a day pace. so the negative will slowly turn positive.

back to batch 11 shipping.

I paid for four units on feb 23rd

I think some paid as early as feb 17th and they say it was shipped.

So has anyone have shipped units and they paid on:

feb 23rd?
feb 22nd?
feb 21st?
feb 20nd?
feb 19th?
feb 18th?

Tia for your replies.

nhando

full member

Activity: 196

Merit: 100

Did anyone noticed the predicted Network difficulty drop on the next window? Market always reset itself to make it worth while. Bitcoin can not survive without the miners, but of course lowest cost miners will always have the best odds over the long term.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: fr4nkthetank on February 25, 2016, 08:40:36 PM

S9 is at least months away. IMO after halving and then some. but who knows. we hear about the next gen miners, but so far nothing real has come up to the public it seems. unless someone can confirm otherwise. I was wondering, does anybody know what the resell value of an s7 is ? And would that resell value rise once bitmain stops selling them ?

The problem on resell value is each batch keeps getting cheaper and cheaper. Right now batch 11's are tad over 700 dollars. And some have gotten shipped. So I think they dropped from around 900 or so to closer to 700 now. And if not already there they will be soon as far as resell.

It's hard to say in a month what it will be. Highly connected to each new batches price.

fr4nkthetank

legendary

Activity: 2294

Merit: 1182

Now the money is free, and so the people will be

S9 is at least months away. IMO after halving and then some. but who knows. we hear about the next gen miners, but so far nothing real has come up to the public it seems. unless someone can confirm otherwise. I was wondering, does anybody know what the resell value of an s7 is ? And would that resell value rise once bitmain stops selling them ?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: ATCkit on February 25, 2016, 07:54:30 PM

Quote from: bbOOmm on February 24, 2016, 03:00:59 PM

Quote from: joseff on February 24, 2016, 02:08:16 PM

Quote from: AriesIV10 on February 24, 2016, 12:58:49 PM

Does Bitmain have the NEW S9 fully developed and installed in their Farm?

When would they be releasing the S9 to the public?

Intriguing thoughts!

What are your thoughts?

BITMAIN, you are welcome to chime in.

im very sure they will release kind of s7+ first... maybe 10THs @ ~2000w to sell more BM1385´s

IMO they will release S8/S9 only when an competitioner like Bitfury is selling more efficient Chips.

Bitfury already has a more efficient chip available

0.1 j/GH

http://bitfury.com/products

I do like that containerized 16PH mining system they offer ... now only if I could build a nuclear power plant in my back yard ...

LOL- maybe they will give you one to review.

I honestly don't think we will see one unless proof of concept. I think most will be interested in investing in true building for data center. And a LOT of the big guy's already have these big data centers. I predict they want the gear to go into existing slots, and use existing PSU's.

But this is getting offtopic of Bitmain. Bitmain I would love to see what they have planned for next gen. Right now seems S7 is focus though. And I can see why if you have cheap electricity likely still good gear for quite a while.

Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 50. (Read 528055 times)