Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 338. (Read 531297 times)

Yeah ck then Kano then Luke

Sort of 2  then 4 then 16

Shitty iPad does not do squared and cubed correctly .

I don't use Luke much at all.

I use ck and Kano quite a bit.


Also remember they are high quality programmers and every good programmer I have ever know was just a bit off center.  

Or maybe I am just a bit jelly of,the ability to be a high quality programmer as I do not have that skill set.

The demarcation line is called male balding pattern: you have it? you're OB, you don't? trainee.

Yep. Honest and polite is the best way to go, but if you have to pick one always pick honesty.

    
Based on the returns at the kano.is pool it looks to me like he practices honesty above manners.  I would like both  but in mining I prefer an honest impolite at times person over a dishonest polite person.

one thing is 100% sure about bitmaintech they do not practice honesty when it comes to software.

As they refuse to honor international laws about using software. BTW deep pockets and proper political connections may one they really hurt them on this.


They still sell good gear.  Which I purchased from them last week.

They may be egotistical bastards but I will always support their work and will only mine on pools running ckpool. These guys an an asset to the community, we cannot say so much about antpool.

Meanwhile using CGMiner in your S9, lol.

I've got about 40 S7 from various batches in hosting, so if I end up with any of them would save shipping cost. I'm working on a trade for a bunch of S5 but if I come up short I'll let you know.

I also will never mine on Antpool.

I personally could care less if it mines on -ck and/or Kano's software and pools or not.  Speaking of bastards, I think both of them are egotistical bastards.  I would rather mine on Antpool or any other pool than support the software of those 2 guys.  They are condescending and downright rude 98% of the time.

I am all over the new Antminer S9 and if it pisses -ck and Kano off then even better.

Sidehack, if you need a 135 chip s7 to play with, looks like I'll have a couple spares after my s9 arrives  (limited power budget) so I can always send you one.

btw: if you need more s5's to strip for making Compacs I have 3 more I can send ya. As for old farts.... Turning 60 here next mo right around the Halving.

Well, I have a unique background. My father is a jack-of-all-trades carpenter and the son of a civil engineer; my mother is an English teacher, the daughter of a math teacher and a telephone lineman (farmers both), so I grew up alternating between swinging a hammer and digesting classic Literature. Alongside my engineering and science degrees I took enough English classes in college that I'm one shy of a minor in writing - something I might complete if I can afford to get back in this fall.

Oh yeah, and hardware is overpriced. I'm looking forward to my S7LN getting shipped any day now, so I can play around with optimized undervolting. Might pick up some cheap 135-chip S7s after the halving and crank 'em down to baseline efficiency. If any of Hawkfish's machines in my hosting are still up for grabs by then we might strike a deal.

Probably won't have any 16nm gear of my own until I'm running stuff I've built myself. Don't really have the budget anymore for a $2100 miner, not when that's more than I paid for my old-enough-to-drink car.

Wait a minute. You just turned 30 and you know how to write?

I don't know how you pulled that off. By your sense of grammar I thought for sure that you were at least in your fifties 

Sorry for getting off topic. Returning to our regularly scheduled overpriced hardware thread...

Since healthcare considers people under 25 as children...sure.
Brain development does not stop until we are 25, too.
The funniest age definition I ever encountered was with NIH, which considers people below 42 years old as "young" scientists.
Maybe it is up to 45 now, I just don't know.

Well, I just turned 30 last month so I don't think I qualify yet.

[laughing]... so, where is the demarcation line between OB in training vs OB?
I am firmly in the OB category already, regardless.

Nothing wrong with that. As old bastard in training, I respect the point.

I have 20 S7s from various batches at two colocation centers. I am willing to let them go now. If interested let me know.

Very well said.  I made more BTC than I paid on the S3s and the S5s (and Bitmain still made profit).  It wasn't until the S7 that I lost BTC, and like you, it was because I lost my discipline.  I wanted the big boy and rationalized it any way I could.  Just like folks are doing with the S9.

I do not believe Bitmain is under any obligation to sell miners at cost, but to sell them for at least approximately what they will generate.  I don't want people to confuse manufacture cost with mining revenue value.  Bitmain is essentially building a 2 BTC miner for 1 BTC and then selling it to us for 3 BTC because they can (not because they have to cover some sort of cost).  It blows my mind that people are defending this action and calling the purchase of that 2 BTC miner for 3 BTC a solid investment.  Let's just call it a cool purchase.

That I understood, however that doesn't stop people asking the questions so every so often an old bastard like me has to spell it out as clearly as possible.

CK - my question was mostly rhetorical. I know all the business reasons why people deal with China. I also know (and for the most part represent) all the reasons why some people refuse to deal with China.

Really what this comes down to is that there's multiple ways to justify mining. I originally approached this as a hobby. After playing with Scrypt for fun (not caring about losing money) I used the BTC-in-BTC-out discipline and that worked well for me. I profited in BTC terms with every miner.

Then the S7 came out and I threw that discipline out the window. It was fun to have the latest hardware, but the fact that I could never get the BTC out that I put in bothered me. I ended up selling my S7s early to recoup fiat ROI.

On top of all this was the S7 B1 delivery delays, and corresponding compensation delays, because Bitmain planned badly. Instead of getting my units on time, they missed the shipping deadline and my S7s stayed in their data center hashing for them instead of me while the whole country was getting plastered for a week long festival.

All of this added up to me feeling like an idiot for stepping away from my discipline and yielding all control to Bitmain.

As much as I love the hobby and as much as I miss actively mining (it's addicting), this time with the S9s I'm not buying until it makes sense in BTC investment terms. If that never happens, I'll stick with old miners. Depending on the timing, maybe when you're ready to sell your S7s I'll buy them back from you

Again, this is my preference, not an argument for how everyone should make the decision to buy or not.