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Topic: BITMAIN launches 4th generation Bitcoin mining ASIC: BM1385 - page 17. (Read 39295 times)

legendary
Activity: 872
Merit: 1010
Coins, Games & Miners
As a satisfied Bitmain customer, i only have one request for you Bitmain:

Make the S7 heatsink backwards compatible with the S5 and S3.

So in the tropic one can still use the same liquid cooling block i'm designing Smiley kthxbai
legendary
Activity: 1174
Merit: 1001
Time to save coin, and PACMiC v2 will have expired and paid back just in time for some more coin to purchase S7's!  

You see what they're doing there? We mine / make coin, buy on Hashnest, use profits to buy more hardware to mine / make coin, and repeat! LOL
Watch out nothing is easy free money forever, I would keep my wits about me and make sure to not get too attached to PACMiC.
You're right about that.  By the time these miners come out it may be time to rethink entering another version of PACMiC.

But, with that being said this announcement is still great news!
legendary
Activity: 1174
Merit: 1001
Time to save coin, and PACMiC v2 will have expired and paid back just in time for some more coin to purchase S7's! 

You see what they're doing there? We mine / make coin, buy on Hashnest, use profits to buy more hardware to mine / make coin, and repeat! LOL
sr. member
Activity: 254
Merit: 1258
Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 Grin

... so, no panic in your HQ right now?  Wink
No. Forgot 21
So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers  Grin
Yeah well the monopoly of miners isn't helping anyone but Bitmain, when we have a good competition not just the miners win but the entire bitcoin ecosystem.

With this release, it looks like Bitmain becomes the solo monopoly or was it already?
There were some competitors but it seemed they all had sold out or finished making them for some reason, this miner without any others announced will lead Bitmain to be the one and only top of the line.
legendary
Activity: 1022
Merit: 1003
full member
Activity: 165
Merit: 100
Looking good! No eta on the actual sale of the S7 I assume, right?
sr. member
Activity: 254
Merit: 1258
Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 Grin

... so, no panic in your HQ right now?  Wink
No. Forgot 21
So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers  Grin
Yeah well the monopoly of miners isn't helping anyone but Bitmain, when we have a good competition not just the miners win but the entire bitcoin ecosystem.
legendary
Activity: 938
Merit: 1000
This is just what we hear in public. I'm aware of a scrypt miner being produced in a joint venture by som large farms that is finished making the chips but at the stage of producing the miner now. This miner is 125Mhash with 500 Watt power use. So my believe is that other firms besides Bitmain do already have and mine with 0,216 or even lower, but Bitmain is the only one making the public business.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
With this release, it looks like Bitmain becomes the solo monopoly or was it already?

For home/small miner market - pretty much yes. Spondoolies - with all due respect - aren't selling anything, BitFury deals in the PH/s range, and others don't seem to have anything to compete even with the S5, not to mention this new thing.
sr. member
Activity: 254
Merit: 1258
Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 Grin

... so, no panic in your HQ right now?  Wink
No. Forgot 21
So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?
sr. member
Activity: 266
Merit: 250
Infected Mushroom
Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 Grin

... so, no panic in your HQ right now?  Wink
No. Forgot 21
So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers  Grin
Yeah well the monopoly of miners isn't helping anyone but Bitmain, when we have a good competition not just the miners win but the entire bitcoin ecosystem.

With this release, it looks like Bitmain becomes the solo monopoly or was it already?
hero member
Activity: 994
Merit: 504
Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 Grin

... so, no panic in your HQ right now?  Wink
No. Forgot 21
So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers  Grin
sr. member
Activity: 254
Merit: 1258
This is what we have all been waiting for! This is exciting stuff and can't wait to see miner pictures and pricing as it is revealed!

Anyone notice this part "making it the most power-efficient bitcoin mining chip ever released to public." What have they kept for themselves or sold to private industries?
legendary
Activity: 1150
Merit: 1004
Why even bring the S5+ up for sales ? That product just died with this announcement or was it because no one bought the S5+ !

As other's have suggested, they probably wanted a vehicle to consume the current gen chips.

If you have low power costs and the right deployment environment, the S5+ can still make sense.

If they have another batch of the S5+, I will buy one rather than waiting.
hero member
Activity: 546
Merit: 500
That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.

No it wont, Diff will increase with it....

Yes it will. When Bitcoin price jumps off before block halving, mining expenses will be almost zero. It will have bigger effect than difficulty.
legendary
Activity: 938
Merit: 1000
That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.

No it wont, Diff will increase with it....
legendary
Activity: 938
Merit: 1000
Looks good, ,might end up with around 300-350Watt pr TH at release point. ETA ?
I would guess if chip just has been tapered out, we are looking at around 3-4 month time before design of miner is finished, but why drop the bomb now, so soon before launch??
Why even bring the S5+ up for sales ? That product just died with this announcement or was it because no one bought the S5+ !

No matter what, its a damn good achievement if they manage 0.216 with 28nm Technology... Whats next Spondoolies and Avalon ?


hero member
Activity: 546
Merit: 500
That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.
hero member
Activity: 994
Merit: 504
very interesting times ahead  Shocked
hero member
Activity: 756
Merit: 500
This looks good, but still the ROI looks to be infinity Sad
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