Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 56. (Read 528055 times)
February 19, 2016, 02:20:49 PM
Block Difficulty: 163491654908
February 18, 2016, 07:43:14 PM
I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.
by very cheap you mean less then 3c a kwh.. :/
the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..
But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.
Cmon guys. Do you really think its S7s or even Avalons increasing the hashrate?
We know Bitfury had that working "demo" chip quite a while ago now. My bet is the first batch just got deployed in the past few weeks. BW has their chip also, but I'm thinking its not them as they are probably a little more behind.
What really happened here is someone got their new 14/16nm chip up and running in a big way, and just hasn't publicly stated such.
February 18, 2016, 06:41:44 PM
I bought a male stove plug to attach to my cable. I had 25 feet of cable to run from my kitchen to the balcony where i set up my rigs. I didn't use a surge surpressor at all as the PDU i bought had it's own protection. If the PDU doesn't have it's own protection, I'm not sure if the surge supressor would go before the PDU or after it.
February 18, 2016, 06:33:16 PM
Then you were right.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
That is a bummer for sure it seemed like you had a sweet gig with current apartment. You seemed to run a good amount of gear for an apartment... and free is awsome. Mind if I ask what is making you move? I would try to stay if I ever found a deal like that.
I am surprised the landlords did not throw a fit though with electricity cost.
Big corporate apartments complex do not have individual meters. I'm leaving because it was a temporary deal. I'm getting my cheap apartment now, i just dont know what the circuit there can support. For all i know it could be 60A.
And its older, so i'd have to scale up the sound proofing a lot. I just dont know yet.
If you're willing to go without a stove, you could hook up your rigs to it's electrical circuit. That's what i did here in Ottawa. Otherwise, i was stuck with less than 10 THS. I'm moving back to Toronto in the summer. Once again, I'm lucky as I'll have an apartment with electricity included. So I plan to take my 240 set up and run it there. Probably will shut down my S3 and S5s ...but keep my S7s rolling.
Did you replace the outlet or the plug, to fit in the Oven receptable? Also did you figure out a way to get surge protection on your setup? I'm pondering getting a surge protector at the outlet or just use surge suppressor strips plugged into the PDU.
I bought a male stove plug to attach to my cable. I had 25 feet of cable to run from my kitchen to the balcony where i set up my rigs. I didn't use a surge surpressor at all as the PDU i bought had it's own protection. If the PDU doesn't have it's own protection, I'm not sure if the surge supressor would go before the PDU or after it.
February 18, 2016, 11:55:37 AM
Got the notice from Bitmain that my 2x batch 10 miners have shipped. I should have them Monday and hopefully sans any UPS broker fees this time...
Hi NotFuzzyWarm,
When you get them, will you let me know if the controller has 6 x fan inputs and 9 x 18 pin inputs from the blades to the controller?
Thanks in advance.
I have 3 Batch 10 S7 coming tomorrow David. I will let you know as well.
P.S BTC prices were almost $420 again................there is still light at the end of the tunnel. =)
February 18, 2016, 10:33:58 AM
Got the notice from Bitmain that my 2x batch 10 miners have shipped. I should have them Monday and hopefully sans any UPS broker fees this time...
Hi NotFuzzyWarm,
When you get them, will you let me know if the controller has 6 x fan inputs and 9 x 18 pin inputs from the blades to the controller?
Thanks in advance.
February 18, 2016, 09:53:49 AM
Got the notice from Bitmain that my 2x batch 10 miners have shipped. I should have them Monday and hopefully sans any UPS broker fees this time...
February 17, 2016, 04:59:07 PM
Well, Here are my numbers. I make $7.00 per day with Kano.is per machine.
That is $7 per machine x 30 days per month = $210 per month Gross. A new S7 is $720. With this information so far this would be a 3.43 Month ROI. This would be paid off in May...
Now figuring Net would be subtracting your Electric per month and the shipping cost.
This is still VERY PROFITABLE to me. Just my two cents worth... Smiley
Unfortunately, while this type of calculation would have been pretty close a year ago, it's not now. That's because network hashrate is increasing very quickly. Difficulty will increase around 13-14% sometime early Friday morning (EST). Then, assuming a 13% increase, you'll gross ~$6.20 per day. If we see another 13% increase about 12-13 days later, you'll be making ~$5.50 per day (assuming $420 bitcoins). And so on.
Your numbers are correct providing that the cost of Bitcoin remains the same. When I calculate that I was making this amount of $7.00 bitcoin was at $379 exchange rate; it is now at $418 which is a 10% change in itself. I do believe the market of purchasing Miners with the current hashrate and electrical usage will taper off therefore easing the difficulty level.
I am currently not purchasing more miners and letting what I do have produce bitcoin. Bitcoin is the investment------That is on a RISE! Thanks for our great conversation!
February 17, 2016, 03:35:06 PM
Well, Here are my numbers. I make $7.00 per day with Kano.is per machine.
That is $7 per machine x 30 days per month = $210 per month Gross. A new S7 is $720. With this information so far this would be a 3.43 Month ROI. This would be paid off in May...
Now figuring Net would be subtracting your Electric per month and the shipping cost.
This is still VERY PROFITABLE to me. Just my two cents worth... Smiley
Unfortunately, while this type of calculation would have been pretty close a year ago, it's not now. That's because network hashrate is increasing very quickly. Difficulty will increase around 13-14% sometime early Friday morning (EST). Then, assuming a 13% increase, you'll gross ~$6.20 per day. If we see another 13% increase about 12-13 days later, you'll be making ~$5.50 per day (assuming $420 bitcoins). And so on.
February 17, 2016, 02:22:08 PM
Then you were right.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
That is a bummer for sure it seemed like you had a sweet gig with current apartment. You seemed to run a good amount of gear for an apartment... and free is awsome. Mind if I ask what is making you move? I would try to stay if I ever found a deal like that.
I am surprised the landlords did not throw a fit though with electricity cost.
Big corporate apartments complex do not have individual meters. I'm leaving because it was a temporary deal. I'm getting my cheap apartment now, i just dont know what the circuit there can support. For all i know it could be 60A.
And its older, so i'd have to scale up the sound proofing a lot. I just dont know yet.
If you're willing to go without a stove, you could hook up your rigs to it's electrical circuit. That's what i did here in Ottawa. Otherwise, i was stuck with less than 10 THS. I'm moving back to Toronto in the summer. Once again, I'm lucky as I'll have an apartment with electricity included. So I plan to take my 240 set up and run it there. Probably will shut down my S3 and S5s ...but keep my S7s rolling.
Did you replace the outlet or the plug, to fit in the Oven receptable? Also did you figure out a way to get surge protection on your setup? I'm pondering getting a surge protector at the outlet or just use surge suppressor strips plugged into the PDU.
February 17, 2016, 02:13:54 PM
Then you were right.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
But I'm moving this spring, and i'm not 100% sure of know how things will be there.
It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.
That is a bummer for sure it seemed like you had a sweet gig with current apartment. You seemed to run a good amount of gear for an apartment... and free is awsome. Mind if I ask what is making you move? I would try to stay if I ever found a deal like that.
I am surprised the landlords did not throw a fit though with electricity cost.
Big corporate apartments complex do not have individual meters. I'm leaving because it was a temporary deal. I'm getting my cheap apartment now, i just dont know what the circuit there can support. For all i know it could be 60A.
And its older, so i'd have to scale up the sound proofing a lot. I just dont know yet.
If you're willing to go without a stove, you could hook up your rigs to it's electrical circuit. That's what i did here in Ottawa. Otherwise, i was stuck with less than 10 THS. I'm moving back to Toronto in the summer. Once again, I'm lucky as I'll have an apartment with electricity included. So I plan to take my 240 set up and run it there. Probably will shut down my S3 and S5s ...but keep my S7s rolling.
February 17, 2016, 01:20:24 PM
$152/TH? LOL. Even with free power I wouldn't pay that price.
So is it official then ? Bitmain has killed off home mining ?
Pretty much in the sense that even six seven and eight power all will struggle to earn a profit.
On top of this issue. More hash is coming.
Bw has a lot bitfury will be pushing 16nm Innosiclon may have some.
So the 1/2 ing and the hash growth will force you the home miner to have 2-4 cent power.
For me I am going to need to move gear out of my home very soon.
My power cost is 9.7 cents I will be out very soon.
Well, Here are my numbers. I make $7.00 per day with Kano.is per machine.
That is $7 per machine x 30 days per month = $210 per month Gross. A new S7 is $720. With this information so far this would be a 3.43 Month ROI. This would be paid off in May...
Now figuring Net would be subtracting your Electric per month and the shipping cost.
This is still VERY PROFITABLE to me. Just my two cents worth... Smiley
February 17, 2016, 01:14:40 PM
$152/TH? LOL. Even with free power I wouldn't pay that price.
So is it official then ? Bitmain has killed off home mining ?
Pretty much in the sense that even six seven and eight power all will struggle to earn a profit.
On top of this issue. More hash is coming.
Bw has a lot bitfury will be pushing 16nm Innosiclon may have some.
So the 1/2 ing and the hash growth will force you the home miner to have 2-4 cent power.
For me I am going to need to move gear out of my home very soon.
My power cost is 9.7 cents I will be out very soon.
February 17, 2016, 12:31:14 PM
$152/TH? LOL. Even with free power I wouldn't pay that price.
February 17, 2016, 12:18:39 PM
I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.
by very cheap you mean less then 3c a kwh.. :/
the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..
But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.
they have not sold that many. just lookup their btc add
And who could sell the rest? Bitfury, Avalon?
That is the thing no one really knows. We can speculate but it's hard to say. And even if Bitmain does not sell a ton it does not mean it's not them adding hash.
I figure they have got cost as low as it's going to be on S7's. They might be able to make them throw them in their own data center and miner internally, and still make big profits. No one knows.
Bitfury/BW are two I would be watching for next gen chips hitting shelves but don't know when. And again I have no inside info I'm speculating on this.
February 17, 2016, 11:13:01 AM
I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.
by very cheap you mean less then 3c a kwh.. :/
the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..
But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.
they have not sold that many. just lookup their btc add
And who could sell the rest? Bitfury, Avalon?
February 17, 2016, 08:36:31 AM
I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.
by very cheap you mean less then 3c a kwh.. :/
the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..
But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.
they have not sold that many. just lookup their btc add
February 17, 2016, 08:33:55 AM
ANTMINER S7 BATCH 11 - Shipped out from March 1st~5th
AntMiner S7 BATCH 11 with 4.73th/s is available to order. Shipment starts from March 1st~5th, following order of full payment.
Price: 720 USD
( 1.741 BTC )
Assuming 10% difficulty hops, this sounds like a way to turn 1.741btc into .4btc at 10 cents a kw-hr. Even if you get power at 5c/kw-hr you are turning that 1.741btc into 1btc.AntMiner S7 BATCH 11 with 4.73th/s is available to order. Shipment starts from March 1st~5th, following order of full payment.
Price: 720 USD
( 1.741 BTC )
That is insane. I do not understand this.
February 17, 2016, 08:32:36 AM
I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.
by very cheap you mean less then 3c a kwh.. :/
the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..
But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.
February 17, 2016, 07:57:50 AM
Batch 10's have shipped
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