Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 921. (Read 5352420 times)
June 16, 2017, 02:47:38 PM
Block! by moecarrimNEW
June 16, 2017, 08:59:09 AM
It's fun posting from a plane ... even more so when you get two block alerts 
Haha! Multiple block alerts are always fun especially when we have a good start to block Friday!
June 16, 2017, 08:53:26 AM
And another from blockmines. Block Friday IS ON!!
Edit - That was a BACK-TO-BACK block! Hell yeah!
Edit - That was a BACK-TO-BACK block! Hell yeah!
And both of these with nice Fees!!
Go Block Friday!!
June 16, 2017, 08:40:59 AM
It's fun posting from a plane ... even more so when you get two block alerts
June 16, 2017, 08:39:10 AM
And another from blockmines. Block Friday IS ON!!
Edit - That was a BACK-TO-BACK block! Hell yeah!
Edit - That was a BACK-TO-BACK block! Hell yeah!
June 16, 2017, 08:27:05 AM
Block! by citronick*A7
June 16, 2017, 05:01:04 AM
Block by cobramining! First Block Today! Let's Start Block Friday's! 
June 16, 2017, 03:53:07 AM
Oh, i agree, it's just that i'm starting to lose my belief that Bitcoin will become something we can use on a daily basis.
I will not go on an off-topic rant about how I agree because LN isn't Bitcoin. June 16, 2017, 03:44:34 AM
All I can say on the to the "I only profit x because...." people is:
https://cdn.boldomatic.com/content/post/A-LfBQ/it-takes-money-to-make-money-scared-money-doesn-t?size=200
Oh, i agree, it's just that i'm starting to lose my belief that Bitcoin will become something we can use on a daily basis.https://cdn.boldomatic.com/content/post/A-LfBQ/it-takes-money-to-make-money-scared-money-doesn-t?size=200
June 15, 2017, 06:28:29 PM
...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. 
https://www.electronicsweekly.com/news/business/7nm-customer-socs-globalfoundries-h1-2018-2017-06/
Do note that pretty much all talk about chips using 12/10nm and under is directed at them being SoC - System on Chip devices and NOT single-function chips like
As for Bitmain and friends using it? Good bet it will be explored but as others have said, right now 16/14nm is doing fine and there is not yet a need/market to justify even attempting production runs for a long time.
June 15, 2017, 06:14:18 PM
Why so many orphaned blocks all of a sudden?
Read the previous 2 pages ...'2' is so many?
The previous was last December.
2 in a month and the last one was December, yes I would consider that 'so many' all things considered since I have been mining that was why I asked. I then went back and read the previous pages so I got my answer.
June 15, 2017, 03:26:11 PM
...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. June 15, 2017, 02:14:55 PM
All I can say on the to the "I only profit x because...." people is:
June 15, 2017, 01:46:47 PM
Well the point is, i see these miners go on ebay.de around 550 to 650 euro's. Lets say i would get 1100 euro's, at the current rate (sigh) that's is 0,5 BTC.
With the exponentially growing Diff I've seen my profits go from 0,28 to 0,12 BTC/month in the last half year. So, what i'm wondering is that if I mine for half a year,
what would those miners still be worth? I'm guessing that in another 6 months I might scrape 0,5BTC with 2 S7's but by then the diff will have risen so much that monthly it's 0,05BTC for 9TH..
I can only use about 3000watt so more miners is not an option.
Furthermore, the whole BitMain HardFork, scaling debate and all is not healty for Bitcoin.
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.
With the exponentially growing Diff I've seen my profits go from 0,28 to 0,12 BTC/month in the last half year. So, what i'm wondering is that if I mine for half a year,
what would those miners still be worth? I'm guessing that in another 6 months I might scrape 0,5BTC with 2 S7's but by then the diff will have risen so much that monthly it's 0,05BTC for 9TH..
I can only use about 3000watt so more miners is not an option.
Furthermore, the whole BitMain HardFork, scaling debate and all is not healty for Bitcoin.
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.
I agree that the pools are somehow like banks now.
[/quote]
Perhaps you should consider not how many bitcoin are being produced but their value in dollars. If the price of bitcoin continues to rise then continuing to mine profitably should not be an issue.
dzimmerm
June 15, 2017, 12:49:37 PM
...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. I'm assuming it's already ongoing. It would take about $150-200 million to develop which is still only ~0.5% of bitcoin's market cap. A small price to pay to be able to absolutely dominate the mining market for the next 2-3+ years. Smaller manufacturers can't afford it, but bitmain sure can.
June 15, 2017, 12:42:34 PM
...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. June 15, 2017, 12:39:28 PM
Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
If you look at the control card of an S7 or an S9, there are unused connectors. In large farms, they probably couple 5x S9 on a single controller to reduce the cost. That make 70Ths per miner. But it's not sold at retail.
...
On the other hand to consume less energy than an S9, it will be necessary to pass on smaller chips (currently 16nm). TSMC announced technologies in 12 10 and even 7nm for the end of the year. 7nm should still double the computing power for the same power consumption.
June 15, 2017, 12:38:59 PM
Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
Not really. It's a PSU issue. It's not really practical to have single machines pulling more than 1500w.
As for making a more efficient miner with the same power draw, I think it will be 6 months - 1 year off. Bitmain uses 16nm chips for the S9's, and obviously they have designed a fantastic chip. Another small manufacturer came out with a 14nm chip Ebang, but the efficiency is not as good as Bitmain's 16nm chip. So either Bitmain has a very good chip design or Ebang has a very bad one, or both.
So with other manufacturers, it doesn't look like 14nm chips will be able to beat S9's. Keep in mind, Intel and AMD's latest generation of CPU's are 14nm.
Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain. The max efficiency gain will be around 40%. Which would be about 19th @ 1350w.
I think 7nm is too far off.
June 15, 2017, 12:35:00 PM
If you look at the control card of an S7 or an S9, there are unused connectors....
There's other components (resistors, etc.) "missing" as well. June 15, 2017, 12:24:14 PM
Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
If you look at the control card of an S7 or an S9, there are unused connectors. In large farms, they probably couple 5x S9 on a single controller to reduce the cost. That make 70Ths per miner. But it's not sold at retail.
On the other hand to consume less energy than an S9, it will be necessary to pass on smaller chips (currently 16nm). TSMC announced technologies in 12 10 and even 7nm for the end of the year. 7nm should still double the computing power for the same power consumption.
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