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Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 337. (Read 531168 times)

legendary
Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
Don't you worry, Canaan Creative Avalon 7.0 might be on the way to soon compete with the overpriced Ant S9.

From "Avalon ASIC users thread":
legendary
Activity: 1260
Merit: 1006
Mine for a Bit
A nice Bitcoin rise will smooth all of your problems with ROI.  Keep the Faith.
legendary
Activity: 1022
Merit: 1003
I did a simple calculus, guess for youreself  Wink

- First ROW = Type of Miner
- Second ROW = Power Usage
- Third ROW = Efficiency compared to the predessecor

Code:
S1J/GH	S3J/GH	S5J/GH	S7J/GH	S9J/GH	SN.A.J/GH 
   2    0,74    0,51   0,25   0,1       0,04
      37,00% 68,92% 49,02% 40,00%    40,00%

Here is my estimate, from September 2014.  Accurately predicted S5, S7 & S9 efficiency to within ~10%:

Just thought I'd try to contribute something.  Your model relies on a fixed 1 W/GHs which we know is not realistic, so I thought I'd try to make a model to predict future chip efficiency using past and current developments of both BitmainTech's and Avalon's chips, as they are 2 of the bigger players that have been around for a while.  Please feel free to interject where you see any of my assumptions as unrealistic:



Both Exponential formulas come out somewhat closely, so I feel it could be useful to predict future technology as far as efficiency goes.  We know there has to be a point of diminishing returns.

When the S5 was released, x=25 for Jan '15,

11.2e(-0.118*25)=0.586 W/GHs
7.0376e(-0.112*25)=0.428 W/GHs

When the S7 was released, x=32 for August '15:

11.2e(-0.118*32)=0.257 W/GHs
7.0376e(-0.112*32)=0.195 W/GHs

S9 released in May '16, or x=41

11.2e(-0.118*41)=0.0887 W/GHs
7.0376e(-0.112*41)=0.0713 W/GHs

6 months from now in December 2016, x=48

11.2e(-0.118*48)=0.0388 W/GHs
7.0376e(-0.112*48)=0.0326 W/GHs

1 Year from now in June 2017, x=54

11.2e(-0.118*54)=0.0191 W/GHs
7.0376e(-0.112*54)=0.0166 W/GHs
hero member
Activity: 588
Merit: 500

BW was actually first to .1 J/GH...I even have the chips in hand..of course they aren't selling anything publicly as of now.

They are in a position to undercut bitmain by a large margin, not sure why they don't capitalize on it. At least 1k of the S9 price is pure profit, and they can get away with it since they are the only ones selling 14/16nm stuff.

I think that BW have made a few external sales but have largely kept the Miners to themselves and for their Hash Investment Customers. Back in January when the new Miner first appeared the BW Pool was around 70PH they are now just under 200PH.

Rich

legendary
Activity: 1008
Merit: 1001
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.

I slightly tend to disagree with you guys. Just guessing, in the next 12 we will see the next GEN for home miners somewhere around 0,04J/GH, and the big guys will probably have something in in the 0,02J/GH range by the same time, just as they did with the previous chips. Just remember that this industry is worth a few billions, so there is put very much effort in the R&D to gain a significant volume of advance in respect to your opponents in this race.
I tend to predict, that BITMAIN is having a monopol at the moment speaking, and if AVALON and/or BITFURY (Not one running miner or container seen in the wild by now) don´t come up with something equal or more efficient, BITMAIN will stay in this monopol position just to play Monopoly in this industry...



look at the pattern:

 s-1    2.00 watts
s-3     0.74 watts
s-5     0.51 watts
S-7    0.25 watts
S-9    0.10 watts

S-11 at worst goes to 0.07   based on the s-5 to s-7  


 I don't see  a 0.02 any time soon.

  I also do not think bitmaintech need worry about   that 0.07 s-11  unless   avalon makes a 0.09 machine or bit fury makes a 0.085 machine.

The key for improvement is what does  avalon bitfury or bw do .

Since no one is near the .1 s-9



BW was actually first to .1 J/GH...I even have the chips in hand..of course they aren't selling anything publicly as of now.

They are in a position to undercut bitmain by a large margin, not sure why they don't capitalize on it. At least 1k of the S9 price is pure profit, and they can get away with it since they are the only ones selling 14/16nm stuff.

I never saw a BW Machine in the wild...
legendary
Activity: 1008
Merit: 1001
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.

I slightly tend to disagree with you guys. Just guessing, in the next 12 we will see the next GEN for home miners somewhere around 0,04J/GH, and the big guys will probably have something in in the 0,02J/GH range by the same time, just as they did with the previous chips. Just remember that this industry is worth a few billions, so there is put very much effort in the R&D to gain a significant volume of advance in respect to your opponents in this race.
I tend to predict, that BITMAIN is having a monopol at the moment speaking, and if AVALON and/or BITFURY (Not one running miner or container seen in the wild by now) don´t come up with something equal or more efficient, BITMAIN will stay in this monopol position just to play Monopoly in this industry...



look at the pattern:

 s-1    2.00 watts
s-3     0.74 watts
s-5     0.51 watts
S-7    0.25 watts
S-9    0.10 watts

S-11 at worst goes to 0.07   based on the s-5 to s-7  


 I don't see  a 0.02 any time soon.

  I also do not think bitmaintech need worry about   that 0.07 s-11  unless   avalon makes a 0.09 machine or bit fury makes a 0.085 machine.

The key for improvement is what does  avalon bitfury or bw do .

Since no one is near the .1 s-9



I did a simple calculus, guess for youreself  Wink

- First ROW = Type of Miner
- Second ROW = Power Usage
- Third ROW = Efficiency compared to the predessecor

Code:
S1J/GH	S3J/GH	S5J/GH	S7J/GH	S9J/GH	SN.A.J/GH 
   2    0,74    0,51   0,25   0,1       0,04
      37,00% 68,92% 49,02% 40,00%    40,00%
hero member
Activity: 1438
Merit: 574
Always ask questions. #StandWithHongKong

Pool wise, it does hash in Kano.is pool.  I'll try to take the screenshot of that in the late morning.


Can you do the same for p2pool please - seeing as you state that you support it in your Antpool OP?

Thank you.
legendary
Activity: 1848
Merit: 1166
My AR-15 ID's itself as a toaster. Want breakfast?
They are in a position to undercut bitmain by a large margin, not sure why they don't capitalize on it. At least 1k of the S9 price is pure profit, and they can get away with it since they are the only ones selling 14/16nm stuff.

^^^^ This is sooo true.  They have the ability to take a lot of customers from bitmain if they would do it.
legendary
Activity: 2174
Merit: 1401
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.

I slightly tend to disagree with you guys. Just guessing, in the next 12 we will see the next GEN for home miners somewhere around 0,04J/GH, and the big guys will probably have something in in the 0,02J/GH range by the same time, just as they did with the previous chips. Just remember that this industry is worth a few billions, so there is put very much effort in the R&D to gain a significant volume of advance in respect to your opponents in this race.
I tend to predict, that BITMAIN is having a monopol at the moment speaking, and if AVALON and/or BITFURY (Not one running miner or container seen in the wild by now) don´t come up with something equal or more efficient, BITMAIN will stay in this monopol position just to play Monopoly in this industry...



look at the pattern:

 s-1    2.00 watts
s-3     0.74 watts
s-5     0.51 watts
S-7    0.25 watts
S-9    0.10 watts

S-11 at worst goes to 0.07   based on the s-5 to s-7  


 I don't see  a 0.02 any time soon.

  I also do not think bitmaintech need worry about   that 0.07 s-11  unless   avalon makes a 0.09 machine or bit fury makes a 0.085 machine.

The key for improvement is what does  avalon bitfury or bw do .

Since no one is near the .1 s-9



BW was actually first to .1 J/GH...I even have the chips in hand..of course they aren't selling anything publicly as of now.

They are in a position to undercut bitmain by a large margin, not sure why they don't capitalize on it. At least 1k of the S9 price is pure profit, and they can get away with it since they are the only ones selling 14/16nm stuff.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.

I slightly tend to disagree with you guys. Just guessing, in the next 12 we will see the next GEN for home miners somewhere around 0,04J/GH, and the big guys will probably have something in in the 0,02J/GH range by the same time, just as they did with the previous chips. Just remember that this industry is worth a few billions, so there is put very much effort in the R&D to gain a significant volume of advance in respect to your opponents in this race.
I tend to predict, that BITMAIN is having a monopol at the moment speaking, and if AVALON and/or BITFURY (Not one running miner or container seen in the wild by now) don´t come up with something equal or more efficient, BITMAIN will stay in this monopol position just to play Monopoly in this industry...



look at the pattern:

 s-1    2.00 watts
s-3     0.74 watts
s-5     0.51 watts
S-7    0.25 watts
S-9    0.10 watts

S-11 at worst goes to 0.07   based on the s-5 to s-7  


 I don't see  a 0.02 any time soon.

  I also do not think bitmaintech need worry about   that 0.07 s-11  unless   avalon makes a 0.09 machine or bit fury makes a 0.085 machine.

The key for improvement is what does  avalon bitfury or bw do .

Since no one is near the .1 s-9

legendary
Activity: 1008
Merit: 1001
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.

I slightly tend to disagree with you guys. Just guessing, in the next 12 we will see the next GEN for home miners somewhere around 0,04J/GH, and the big guys will probably have something in in the 0,02J/GH range by the same time, just as they did with the previous chips. Just remember that this industry is worth a few billions, so there is put very much effort in the R&D to gain a significant volume of advance in respect to your opponents in this race.
I tend to predict, that BITMAIN is having a monopol at the moment speaking, and if AVALON and/or BITFURY (Not one running miner or container seen in the wild by now) don´t come up with something equal or more efficient, BITMAIN will stay in this monopol position just to play Monopoly in this industry...
legendary
Activity: 1022
Merit: 1003
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.

I would say the same in re: to optimizations at design-level. My formula says by next June we would see efficiency as low as 0.02W/GH, but I think this time it might be wrong. I'd say 0.05-0.07 in the next 12 months, based mostly on increased chip density but that's just a guess.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Spondoolies had simulation results at 0.15J/GH and BitFury was ordering engineering samples for a 0.06-0.15J/GH chip. Given that the BM1384 could run 0.25J/GH but the S5 was clocked at 0.45J/GH and the BM1385 could do 0.18J/GH but the S7 was clocked at about 0.26J/GH; if the S9 chip is clocked at 0.09J/GH we can assume it's probably got about 30% more efficiency hiding in the basement for a bottom clock around 0.06J/GH.

I'd bet that Bitmain and BitFury used all the tricks they'd already learned optimizing designs for 28nm on this 16nm chip. Is there probably room for more improvement? Seems likely. But I doubt we'll see another 30-50% drop in power use like we had with optimizations in previous generations.
legendary
Activity: 1008
Merit: 1001
Guys, don´t cut youreself regarding the efficiency of ASIC chips. Please remember were Bitfury and Spondoolies were in 10.2015....
I tend to say that manufacturers of ASIC chips leave the home miner always one GEN behind  Roll Eyes
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Good point. ASIC efficiency is probably about to plateau for a while. One consideration to add to that is S2 vs S1 - a more chip-dense machine with the same ASIC about half the per-hash power (for the current generation, probably about 0.6J/GH machine-level) will have a higher initial cost but a substantially longer viability. In that way I guess Bitmain has done hackers a favor going with a bucked string topology on later S7 and S9. For a regular joe it's actually worse than unregulated string because you get worse efficiency but if it can be hacked to adjustable voltage that potentially doubles (or more) the miner's effective lifetime.

ahh an exotic pencil mod for the s-9
legendary
Activity: 1022
Merit: 1003
The way I see it, the price on these won't drop substantially until they have competition.  So the gamble is either to purchase now and reap the higher block reward for ~5 weeks to get a head start, or wait until the competition/halving comes for the price to drop.  I believe these will stay viable for a long time, longer than any generation prior, however the price is still too high. I don't expect more than 20-25% difficulty decrease in the periods following the halving, and still much of that will be eaten up by new hash rate.

Like many others, the B1 S7 left a very bad taste in my mouth, I'll pass and let those desperate enough to have the latest and greatest buy them up.

Being able to under-volt these and the S7's is going to be a lot more common/important than it was for past gens, only because there won't be a new higher-efficiency generation of miner to come out for quite a while.
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
catching up some reading on S9.... Yes, I ordered a unit....

anyways, I never seen such a big congregation of "Legendary" and "Hero Member" all in one place....

I know several senior members from other threads but first time seeing other legends in the forum.....

it's like walking through the hall of fame of mining....

so much to learn from all of your guys.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Good point. ASIC efficiency is probably about to plateau for a while. One consideration to add to that is S2 vs S1 - a more chip-dense machine with the same ASIC about half the per-hash power (for the current generation, probably about 0.6J/GH machine-level) will have a higher initial cost but a substantially longer viability. In that way I guess Bitmain has done hackers a favor going with a bucked string topology on later S7 and S9. For a regular joe it's actually worse than unregulated string because you get worse efficiency but if it can be hacked to adjustable voltage that potentially doubles (or more) the miner's effective lifetime.
hero member
Activity: 868
Merit: 1000
After plugging in the numbers into a calculator, and trying to factor in halving I am having a hard time figuring out how to ROI with the S9.  Maybe I am over estimating the impact of halving into the equation.  I even adjusted the BTC valuations up to $1000 USD and then factored the halving into the picture and still no ROI in a year.  So maybe I am doing this wrong.  Thoughts on ROI on the S9 and the impacts of halving?

Correction to my estimate:  Looks like the calculator says that if BTC is $1000 that you could see ROI in 8 months based on the effective TH drop by half.

The potential to ROI is probably better than with the S7 because I doubt we're going to see better chips within the next year. That said, you still might be better off getting a later batch after the halving which is the big elephant in the room.
hero member
Activity: 868
Merit: 517
After plugging in the numbers into a calculator, and trying to factor in halving I am having a hard time figuring out how to ROI with the S9.  Maybe I am over estimating the impact of halving into the equation.  I even adjusted the BTC valuations up to $1000 USD and then factored the halving into the picture and still no ROI in a year.  So maybe I am doing this wrong.  Thoughts on ROI on the S9 and the impacts of halving?

Correction to my estimate:  Looks like the calculator says that if BTC is $1000 that you could see ROI in 8 months based on the effective TH drop by half.
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