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Topic: Bitmain New Miner S7-LN 2.7T @697W discussion (Not official) - page 13. (Read 23272 times)

legendary
Activity: 1820
Merit: 1001
NO way going to ROI on these halving is shortly and no doubt it going to get tough in BTC world. Days have gone when only needed small asic to make a good profit. Corporate business who bulk buy killed the mini miner off or home miner from making a good amount of profit after brake even. Will be interesting to see how the price of BTC goes after few months after halving and how the mining hash goes too.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Yeah but that's an aslo of free electric.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
I think this is a much better idea for ending the life of a chip than the S5+.  The S5+ was targeted at the same buyers who would have purchased the S7 two weeks later.  This S7-LN is targeted at smaller budget miners who most likely won't be purchasing the S9 anyway.  It is a very large step forward from the S5+ disaster and I'm glad to see it.  Having learned my lesson already though, I will wait for the S9 this time around.
Yeah I remember the nightmare with those S5+ and all the people who really got reamed on that deal, I will hold out for now.

S5+ wasn't that bad. If you had free electricity you would make more money with it than S7.

https://bitcointalksearch.org/topic/lifetime-hardware-roi-profits-for-all-bitcoin-mining-hardware-1477198
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
I think we can all agree on this:  More flashing lights.  Christmas color leds.  Even more leds.  More flashing frequency.  brighter.  faster.  longer.
hero member
Activity: 630
Merit: 500
Very interesting I wonder what if anything ever happened with the U4 does anybody know.  When I started mining I started on the U3 and I always have hoped for a U4 but I've heard nothing about it.

The same thing that happened on the S6 and S8 i believe. I don't know if Bitmain plan on doing any other small miners again, but it would be nice. My absolute best IMO is the S3. Some S3 with S9 chips would be sooo nice.

Yeah well it was still cool to mine some btc or some altcoins with the U3. If they used the S7 chips on a U3 type platform I think the hashrate would be pretty high relatively speaking.
hero member
Activity: 756
Merit: 560

yeah but this is not really sustainable.. you cant just keep getting faster and larger every generation.. pretty soon they will have to start delivering 1ph truck size farms..

Why exactly can you not get faster and larger? As mining is industrialized that is what needs to happen to keep it growing.

P.S. There are multiple companies that have built and offered to sell tractor trailer sized self contained farms. As a matter of fact Avalon is working on one right now. The only problem is the cooling in such a small enclosed area. You have to use air conditioning which basically destroys the profits.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I think this is a much better idea for ending the life of a chip than the S5+.  The S5+ was targeted at the same buyers who would have purchased the S7 two weeks later.  This S7-LN is targeted at smaller budget miners who most likely won't be purchasing the S9 anyway.  It is a very large step forward from the S5+ disaster and I'm glad to see it.  Having learned my lesson already though, I will wait for the S9 this time around.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
With the current network hash rate and difficulty I cant see them creating smaller miners as they would never be able to achieve ROI.


I want larger, faster, rack mountable units personally. Id rather monitor 1000 large fast machines than 10000 tiny lil S7 style miners :/


I have agree with you here, I would like to see some big industrial rack mount equipment with either a way of plugging PSU's in, (maybe three laying flat above with the cables curving round) or inbuilt PSU's

I however like this 2.7th machine to be honest, when you try and add it to the cart in the UK it just turns into a S7. Sad

regs
....
@Tupsu: Why do you think this tells us anything about the S9?

My crystal ball says , it is the ancestor of the S9. It will soon be seen.  

S9 will be two blades small miner,  with the possibility of fixing the power supply unit or with cheap CPU on top

Basic Dimensions: 301mm(L)*123mm(W)*155mm(H) without power supply holder

I don't think the S7 will be only 2 boards, unless each board can drain 600/700w. At this point, a new miner with less than 8 Th/s will be a bit disapointing. When you have 3 or 4 antminer s7 running, you think the antminer s5 is a very small miner, you would need 12 or 16 S5 to do the same hashrate (with a lot more power, of course), and you would need up to 43 antminer s7 to do the same hashrate. I don't belive we will see smaller miners than the s7 from bitmain (and of course, avalon will raise the hashrate of new miners, too). Do you belive it could be a new Antminer S9 with 5.4Th/s and draining 700w? I think it will be greater, draining 1.300w and hashing 8.125 Th/s (0.16w J/Gh)...
But i'm only speculating about it, i really don't know anything about Bitmain...


yeah but this is not really sustainable.. you cant just keep getting faster and larger every generation.. pretty soon they will have to start delivering 1ph truck size farms..


smaller more efficient is really the way to go if you want to keep making a profit. hopefully these companies that make the miners realize this and stop making industrial size miners.



That depends on your target market, which is shifting more and more so to large orders that can afford to have multiple 1 PH/s trucks.
legendary
Activity: 1736
Merit: 1006
With the current network hash rate and difficulty I cant see them creating smaller miners as they would never be able to achieve ROI.


I want larger, faster, rack mountable units personally. Id rather monitor 1000 large fast machines than 10000 tiny lil S7 style miners :/


I have agree with you here, I would like to see some big industrial rack mount equipment with either a way of plugging PSU's in, (maybe three laying flat above with the cables curving round) or inbuilt PSU's

I however like this 2.7th machine to be honest, when you try and add it to the cart in the UK it just turns into a S7. Sad

regs
....
@Tupsu: Why do you think this tells us anything about the S9?

My crystal ball says , it is the ancestor of the S9. It will soon be seen.  

S9 will be two blades small miner,  with the possibility of fixing the power supply unit or with cheap CPU on top

Basic Dimensions: 301mm(L)*123mm(W)*155mm(H) without power supply holder

I don't think the S7 will be only 2 boards, unless each board can drain 600/700w. At this point, a new miner with less than 8 Th/s will be a bit disapointing. When you have 3 or 4 antminer s7 running, you think the antminer s5 is a very small miner, you would need 12 or 16 S5 to do the same hashrate (with a lot more power, of course), and you would need up to 43 antminer s7 to do the same hashrate. I don't belive we will see smaller miners than the s7 from bitmain (and of course, avalon will raise the hashrate of new miners, too). Do you belive it could be a new Antminer S9 with 5.4Th/s and draining 700w? I think it will be greater, draining 1.300w and hashing 8.125 Th/s (0.16w J/Gh)...
But i'm only speculating about it, i really don't know anything about Bitmain...


yeah but this is not really sustainable.. you cant just keep getting faster and larger every generation.. pretty soon they will have to start delivering 1ph truck size farms..


smaller more efficient is really the way to go if you want to keep making a profit. hopefully these companies that make the miners realize this and stop making industrial size miners.

member
Activity: 68
Merit: 10
With the current network hash rate and difficulty I cant see them creating smaller miners as they would never be able to achieve ROI.


I want larger, faster, rack mountable units personally. Id rather monitor 1000 large fast machines than 10000 tiny lil S7 style miners :/


I have agree with you here, I would like to see some big industrial rack mount equipment with either a way of plugging PSU's in, (maybe three laying flat above with the cables curving round) or inbuilt PSU's

I however like this 2.7th machine to be honest, when you try and add it to the cart in the UK it just turns into a S7. Sad

regs
hero member
Activity: 572
Merit: 506
....
@Tupsu: Why do you think this tells us anything about the S9?

My crystal ball says , it is the ancestor of the S9. It will soon be seen.  

S9 will be two blades small miner,  with the possibility of fixing the power supply unit or with cheap CPU on top

Basic Dimensions: 301mm(L)*123mm(W)*155mm(H) without power supply holder

I don't think the S7 will be only 2 boards, unless each board can drain 600/700w. At this point, a new miner with less than 8 Th/s will be a bit disapointing. When you have 3 or 4 antminer s7 running, you think the antminer s5 is a very small miner, you would need 12 or 16 S5 to do the same hashrate (with a lot more power, of course), and you would need up to 43 antminer s7 to do the same hashrate. I don't belive we will see smaller miners than the s7 from bitmain (and of course, avalon will raise the hashrate of new miners, too). Do you belive it could be a new Antminer S9 with 5.4Th/s and draining 700w? I think it will be greater, draining 1.300w and hashing 8.125 Th/s (0.16w J/Gh)...
But i'm only speculating about it, i really don't know anything about Bitmain...
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
But the furnace is so boring... no flashing lights at all.
hero member
Activity: 756
Merit: 560
not all of us are need it to do ROI and would like to keep mining in our homes.

I am not sure how staring at a loud piece of tech pumping out heat while costing you money makes sense for anyone. I mean the whole point of mining is to make a profit is it not?  You may as well crank your house heater up, open all the windows, and just watch it waste money if thats the case. No special hardware, no reboots, no mining pools needed.
hero member
Activity: 588
Merit: 500
Well, like everyone else.... I just hate it. A two board S7, great idea if it had been done a few Months ago, with a PSU that noone needs or wants, pushing up the shipping cost at a total price which is very close to a batch 17, 3 Board S7.  Duh..... Must mean that S9 is close?


Rich
legendary
Activity: 1022
Merit: 1003
not all of us are need it to do ROI and would like to keep mining in our homes.

at my age i don't think i would want the hassle of a 1000 miners i would go 50 and be happy . and it is a hassle from day to day rather you admit or not , it's also fun but it has it's down sides etc.



If you don't care to ROI and want to mine in your home buy an S3 instead.  It secures the network just as good, and you will lose less money.

You're welcome  Grin

On a side note, I agree paying too much for a POS PSU (if it's the same as the S2) and additional shipping costs.  This seems like a step backwards, and only good to dump old parts on suckers who don't understand the halving.  I much prefer the S7 design myself, from both a practical and a biased, self-interested point of view (server PSU's).
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
i love how it implies on the bottom that mining on any other pool but antpool may void your warranty.. :/


anywhere else but MINERAL pool! haha    (is that google translate error or BMT translate error?)

no but i never noticed that till now, it does kinda imply that hey?   good ol' BMT .... -_-
legendary
Activity: 1736
Merit: 1006
i love how it implies on the bottom that mining on any other pool but antpool may void your warranty.. :/
legendary
Activity: 1274
Merit: 1000
Is there some kind of april fool-like equivalent thing in China or something? This is silly as hell. o.O

works for cheap power guy that wants a quieter miner.  but so does unplugging a board on a real s-7 then down clock the two left from freq 700 to freq 500

Hmm. I think for a cheap power guy that wants a quiet miner, you'd want a severely undervolted version and not those fans. When i looked at the price, i told myself:
"I dont see any upside, if i was to throw money away, i'd buy a S7 and underclock that, which would give better results, I think."

On the small amount of "free" electricity i have, i have been running my now obsolete S3/S5 on silent or aftermarket fans.

I don't know maybe this fill a niche somewhere and i just don't see it.

same my power cost is kind of free i just never really admitted it or said so because i pay it back in other costs i pay in my house like cable phone etc . i don't have to but do any way and it's few 100 a month and even pay half the power bill from time to time, on top of rent food the normal stuff .

that's exactly why i keep running s3 s5 and a4 etc even some old ass script miner thu i just retied one took it a part and thu away the inside,molded the case some then put in more up to date script miner boards .
I like doing bitcoin and alt coins one can and does off set the other.
hero member
Activity: 756
Merit: 560
With the current network hash rate and difficulty I cant see them creating smaller miners as they would never be able to achieve ROI.


I want larger, faster, rack mountable units personally. Id rather monitor 1000 large fast machines than 10000 tiny lil S7 style miners :/
legendary
Activity: 1302
Merit: 1068
Very interesting I wonder what if anything ever happened with the U4 does anybody know.  When I started mining I started on the U3 and I always have hoped for a U4 but I've heard nothing about it.

The same thing that happened on the S6 and S8 i believe. I don't know if Bitmain plan on doing any other small miners again, but it would be nice. My absolute best IMO is the S3. Some S3 with S9 chips would be sooo nice.
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