Topic: Bitmain Antminer S6 and S7 Speculation - page 11. (Read 33553 times)
I buy into the maxim:
Mining follows price. It's a slow response, but when price goes up, mining WILL follow eventually, and vice-versa.
I am 99% sure that Price does NOT follow mining. If it was I'd be way better off than when I started in July of 2013. As I recall BTC was about $100, and difficulty was about 26 million. I paid way too much for my 333Mhz Block Erupter stick miner.
Mining follows price. It's a slow response, but when price goes up, mining WILL follow eventually, and vice-versa.
I am 99% sure that Price does NOT follow mining. If it was I'd be way better off than when I started in July of 2013. As I recall BTC was about $100, and difficulty was about 26 million. I paid way too much for my 333Mhz Block Erupter stick miner.
Price is not jumping to much it's been pretty steady at a low price. That is part of why I don't see this being a fast race.
Also we all overpaid on the block erupter if I remember right there was a deal to get so many cheaper depending on how many you bought.
I buy into the maxim:
Mining follows price. It's a slow response, but when price goes up, mining WILL follow eventually, and vice-versa.
I am 99% sure that Price does NOT follow mining. If it was I'd be way better off than when I started in July of 2013. As I recall BTC was about $100, and difficulty was about 26 million. I paid way too much for my 333Mhz Block Erupter stick miner.
Mining follows price. It's a slow response, but when price goes up, mining WILL follow eventually, and vice-versa.
I am 99% sure that Price does NOT follow mining. If it was I'd be way better off than when I started in July of 2013. As I recall BTC was about $100, and difficulty was about 26 million. I paid way too much for my 333Mhz Block Erupter stick miner.
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
I can see your estimate of S6 not coming out till Q3 or Q4 of this year IF NO S7 were to come out. However, an S7 has to be on the way for THIS year. Why? Because the competition will have a 3rd generation rig out by Q3 or Q4 of THIS year. Do you honestly think Spondooliestech would go an entire year without new equipment on the market and that new equipment being a 3rd generation rig?
Bitmain, would come out with an S7 THIS year as well to compete. IF my speculation holds out for an S7 in Q3 or Q4, it only makes sense for an S6 to come out this year and soon. Why soon? Look at how short lived the S4 was... Because the S5 came out shortly afterwards. To make the S6 less short lived like the S4, it would behove Bitmain to come out with it sooner [say... April or May]. Then they would come out with an S7 (3rd Gen.) in Q4 of this year more than likely.
It actually makes more sense for a 3rd generation S7 rig to come out with low prices of BTC. It would actually get more sells to offset the low price of BTC by paying for less power.
huge risk to build the s-7 with a tape out of 22 16 or 14 sized chips as a full sized tape out of 1000's of chips = $$
The s-6 would be the same chips. I see the s-6 sooner then June 1 .
I see the s-7 in Sept or Oct
All of the above is based on coins running 200 to 300 usd each.
I don't think the price matters. Competition will put out new rigs regardless. I would think so anyway... That's what has me believing the S7 will come out in Q3 or Q4 regardless. It's a sure money maker if the S7 is more power efficient to offset the lower price of BTC [IF the price of BTC is lower at that time].
I honestly believe the S7 would be the same form factor as an S3 and S5 [Requiring a PSU]. This would reduce costs of the rig. I think Bitmain knows they can still charge the same costs per GH as what they are now if the price of BTC remains the same or is lower. It will be interesting to see what the difficulty does in the next 6 months if the price of BTC remains the same.
I think price is a huge factor. If it was 1k per BTC again they would throw a ton of cash quickly to get a new generation.
But with price so low it does not make a company want to throw away money. It means tighter margins, and being better with their cash. I don't think we will get the 6 months but I also don't think we will have a quick arms race to next nm chips super quick.
I hope you're right. I don't care to have an arms race until I'm relocated from Alabama to Washington State. The price can go up or down as much as it wants to then. As long as it does not go below $60.00, I'll be fine until the blocks halve. Then [When the blocks halve] the price needs to be at least $120.00 for me to do a little better than break even. And that's with present efficiency of the S5 or under clocked SP20.
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
I can see your estimate of S6 not coming out till Q3 or Q4 of this year IF NO S7 were to come out. However, an S7 has to be on the way for THIS year. Why? Because the competition will have a 3rd generation rig out by Q3 or Q4 of THIS year. Do you honestly think Spondooliestech would go an entire year without new equipment on the market and that new equipment being a 3rd generation rig?
Bitmain, would come out with an S7 THIS year as well to compete. IF my speculation holds out for an S7 in Q3 or Q4, it only makes sense for an S6 to come out this year and soon. Why soon? Look at how short lived the S4 was... Because the S5 came out shortly afterwards. To make the S6 less short lived like the S4, it would behove Bitmain to come out with it sooner [say... April or May]. Then they would come out with an S7 (3rd Gen.) in Q4 of this year more than likely.
It actually makes more sense for a 3rd generation S7 rig to come out with low prices of BTC. It would actually get more sells to offset the low price of BTC by paying for less power.
huge risk to build the s-7 with a tape out of 22 16 or 14 sized chips as a full sized tape out of 1000's of chips = $$
The s-6 would be the same chips. I see the s-6 sooner then June 1 .
I see the s-7 in Sept or Oct
All of the above is based on coins running 200 to 300 usd each.
I don't think the price matters. Competition will put out new rigs regardless. I would think so anyway... That's what has me believing the S7 will come out in Q3 or Q4 regardless. It's a sure money maker if the S7 is more power efficient to offset the lower price of BTC [IF the price of BTC is lower at that time].
I honestly believe the S7 would be the same form factor as an S3 and S5 [Requiring a PSU]. This would reduce costs of the rig. I think Bitmain knows they can still charge the same costs per GH as what they are now if the price of BTC remains the same or is lower. It will be interesting to see what the difficulty does in the next 6 months if the price of BTC remains the same.
I think price is a huge factor. If it was 1k per BTC again they would throw a ton of cash quickly to get a new generation.
But with price so low it does not make a company want to throw away money. It means tighter margins, and being better with their cash. I don't think we will get the 6 months but I also don't think we will have a quick arms race to next nm chips super quick.
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
I can see your estimate of S6 not coming out till Q3 or Q4 of this year IF NO S7 were to come out. However, an S7 has to be on the way for THIS year. Why? Because the competition will have a 3rd generation rig out by Q3 or Q4 of THIS year. Do you honestly think Spondooliestech would go an entire year without new equipment on the market and that new equipment being a 3rd generation rig?
Bitmain, would come out with an S7 THIS year as well to compete. IF my speculation holds out for an S7 in Q3 or Q4, it only makes sense for an S6 to come out this year and soon. Why soon? Look at how short lived the S4 was... Because the S5 came out shortly afterwards. To make the S6 less short lived like the S4, it would behove Bitmain to come out with it sooner [say... April or May]. Then they would come out with an S7 (3rd Gen.) in Q4 of this year more than likely.
It actually makes more sense for a 3rd generation S7 rig to come out with low prices of BTC. It would actually get more sells to offset the low price of BTC by paying for less power.
huge risk to build the s-7 with a tape out of 22 16 or 14 sized chips as a full sized tape out of 1000's of chips = $$
The s-6 would be the same chips. I see the s-6 sooner then June 1 .
I see the s-7 in Sept or Oct
All of the above is based on coins running 200 to 300 usd each.
I don't think the price matters. Competition will put out new rigs regardless. I would think so anyway... That's what has me believing the S7 will come out in Q3 or Q4 regardless. It's a sure money maker if the S7 is more power efficient to offset the lower price of BTC [IF the price of BTC is lower at that time].
I honestly believe the S7 would be the same form factor as an S3 and S5 [Requiring a PSU]. This would reduce costs of the rig. I think Bitmain knows they can still charge the same costs per GH as what they are now if the price of BTC remains the same or is lower.
It will be interesting to see what the difficulty does in the next 6 months if the price of BTC remains the same. If the difficulty shoots up, this will also justify making and selling a more power efficient rig.
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
I can see your estimate of S6 not coming out till Q3 or Q4 of this year IF NO S7 were to come out. However, an S7 has to be on the way for THIS year. Why? Because the competition will have a 3rd generation rig out by Q3 or Q4 of THIS year. Do you honestly think Spondooliestech would go an entire year without new equipment on the market and that new equipment being a 3rd generation rig?
Bitmain, would come out with an S7 THIS year as well to compete. IF my speculation holds out for an S7 in Q3 or Q4, it only makes sense for an S6 to come out this year and soon. Why soon? Look at how short lived the S4 was... Because the S5 came out shortly afterwards. To make the S6 less short lived like the S4, it would behove Bitmain to come out with it sooner [say... April or May]. Then they would come out with an S7 (3rd Gen.) in Q4 of this year more than likely.
It actually makes more sense for a 3rd generation S7 rig to come out with low prices of BTC. It would actually get more sells to offset the low price of BTC by paying for less power.
huge risk to build the s-7 with a tape out of 22 16 or 14 sized chips as a full sized tape out of 1000's of chips = $$
The s-6 would be the same chips. I see the s-6 sooner then June 1 .
I see the s-7 in Sept or Oct
All of the above is based on coins running 200 to 300 usd each.
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
I can see your estimate of S6 not coming out till Q3 or Q4 of this year IF NO S7 were to come out. However, an S7 has to be on the way for THIS year. Why? Because the competition will have a 3rd generation rig out by Q3 or Q4 of THIS year. Do you honestly think Spondooliestech would go an entire year without new equipment on the market and that new equipment being a 3rd generation rig?
Bitmain, would come out with an S7 THIS year as well to compete. IF my speculation holds out for an S7 in Q3 or Q4, it only makes sense for an S6 to come out this year and soon. Why soon? Look at how short lived the S4 was... Because the S5 came out shortly afterwards. To make the S6 less short lived like the S4, it would behove Bitmain to come out with it sooner [say... April or May]. Then they would come out with an S7 (3rd Gen.) in Q4 of this year more than likely.
It actually makes more sense for a 3rd generation S7 rig to come out with low prices of BTC. It would actually get more sells to offset the low price of BTC by paying for less power.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Well, with the current BTC price, I m really not sure how profitable for them is to develop new miners. The profit margin s really, really low.
at least those new miner are better than s5
ratio is 2.37 for wattage ( 1400 vs 590) but hash power is 3.46 in ratio ( 4000 vs 1155), they are 1.45 times better if they would have the same wattage
Agreed. I plan on buying some. Not sure how many though.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Well, with the current BTC price, I m really not sure how profitable for them is to develop new miners. The profit margin s really, really low.
at least those new miner are better than s5
ratio is 2.37 for wattage ( 1400 vs 590) but hash power is 3.46 in ratio ( 4000 vs 1155), they are 1.45 times better if they would have the same wattage
We might see S6 somewhere in the second part of this year. S7, I highly doubt, not with these BTC prices.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Well, with the current BTC price, I m really not sure how profitable for them is to develop new miners. The profit margin s really, really low.
I think this is part of why it's taking so long. These big mining outfits did not get big by being stupid. If they can run this gen gear a while longer and not rush to a new generation it makes sense to a point.
Also at a point when electricity vs hash is to low then there will be more of a incentive to go develop next gen gear.
I would have to agree with you there.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Well, with the current BTC price, I m really not sure how profitable for them is to develop new miners. The profit margin s really, really low.
I think this is part of why it's taking so long. These big mining outfits did not get big by being stupid. If they can run this gen gear a while longer and not rush to a new generation it makes sense to a point.
Also at a point when electricity vs hash is to low then there will be more of a incentive to go develop next gen gear.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Well, with the current BTC price, I m really not sure how profitable for them is to develop new miners. The profit margin s really, really low.
Any ETA on S6? At least speculative?
I'm still thinking mid to late April.
Any ETA on S6? At least speculative?
Speculation? Well I have some insider information.
First of all, s6 will not operate on SHA-256 ASICS.
S6 will operate on 10mm supercomputers made from mutated, hyperintelligent human brain cells. Bitmain estimates that those miners are going to be so efficient and effective that about 1/5 of the world's population will in some way invest in bitcoin. The demand is going to be so high that the bubble that's going to be created will make Bitmain the largest company in terms of revenue and reserves on earth.
Bitmain creates its own state and decentral bank. Shortly after they announce that there's not going to be a s7 miner since s6 turned out to be so efficient that it will remain profitable until the day only transaction fees are mined.
That's when Bitmain decides to invest into spacecrafts. In record time, they successfully launch a manned mission to Europa, the frozen moon. They establish a base there, this way it's easier for them to satisfy demand for miners from outer space. They also cover the planet's surface with self-sufficient S6s and since the planet itself is so cold, they manage to overclock them at a stable +40% hashrate.
Hashnest.com is now the main source of income of every state, human being and company worldwide. The planet is renamed to Bitmain Earth s1.
Sounds like a plan to me First of all, s6 will not operate on SHA-256 ASICS.
S6 will operate on 10mm supercomputers made from mutated, hyperintelligent human brain cells. Bitmain estimates that those miners are going to be so efficient and effective that about 1/5 of the world's population will in some way invest in bitcoin. The demand is going to be so high that the bubble that's going to be created will make Bitmain the largest company in terms of revenue and reserves on earth.
Bitmain creates its own state and decentral bank. Shortly after they announce that there's not going to be a s7 miner since s6 turned out to be so efficient that it will remain profitable until the day only transaction fees are mined.
That's when Bitmain decides to invest into spacecrafts. In record time, they successfully launch a manned mission to Europa, the frozen moon. They establish a base there, this way it's easier for them to satisfy demand for miners from outer space. They also cover the planet's surface with self-sufficient S6s and since the planet itself is so cold, they manage to overclock them at a stable +40% hashrate.
Hashnest.com is now the main source of income of every state, human being and company worldwide. The planet is renamed to Bitmain Earth s1.
It is predicted though there may be planet size computers in the future. It would be truly amazing to see. It's actually quite possible the S6 has the same chip as the S5 and comes out in April at .49 watts per GH and powered by a 2,200 watt PSU but running at 1,960 watts at 4,000 GH/s. This would make it within the wattage available for a 120 volt/20 amp circuit @ 2400 watts. They may recommend it for a 240 volt circuit and insist the 120 volt circuit have 12 gauge wiring and a 20 amp outlet. Most outlets wired to a 20 amp circuit in the home are rated at 15 amps (1,800 watts). One would need to go to the local hardware store to purchase a 20 amp outlet while making sure the wiring for the outlet is in fact 12 AWG and not 14 AWG.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
That would be a big jump if they go from 110 to 220. I think they would stay with 110 since use it so many models. But who knows.
Yes, it would be a big jump. I can still see them saying this could be used on 120 volt but with stipulations like I mentioned. They would probably say if on 120 volt, it needs to be dedicated to this rig; having 12 AWG wiring feeding a 20 AMP outlet; not a 15 AMP outlet.
It's actually quite possible the S6 has the same chip as the S5 and comes out in April at .49 watts per GH and powered by a 2,200 watt PSU but running at 1,960 watts at 4,000 GH/s. This would make it within the wattage available for a 120 volt/20 amp circuit @ 2400 watts. They may recommend it for a 240 volt circuit and insist the 120 volt circuit have 12 gauge wiring and a 20 amp outlet. Most outlets wired to a 20 amp circuit in the home are rated at 15 amps (1,800 watts). One would need to go to the local hardware store to purchase a 20 amp outlet while making sure the wiring for the outlet is in fact 12 AWG and not 14 AWG.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
That would be a big jump if they go from 110 to 220. I think they would stay with 110 since use it so many models. But who knows.
It's actually quite possible the S6 has the same chip as the S5 and comes out in April at .49 watts per GH and powered by a 2,200 watt PSU but running at 1,960 watts at 4,000 GH/s. This would make it within the wattage available for a 120 volt/20 amp circuit @ 2400 watts. They may recommend it for a 240 volt circuit and insist the 120 volt circuit have 12 gauge wiring and a 20 amp outlet. Most outlets wired to a 20 amp circuit in the home are rated at 15 amps (1,800 watts). One would need to go to the local hardware store to purchase a 20 amp outlet while making sure the wiring for the outlet is in fact 12 AWG and not 14 AWG.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
Then we see the new chips in the S7 in July.
I think this will more than likely be the case after further thought.
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