Topic: My new diff thread covers Oct 10 to Oct 22? 1.85% to 5.07% ? (Read 2511 times)
still sorting these
Also they have the S3 Plus to get a little more hash then first batches. It is hard to beat the price on them if you already have PSU's. If not make sure to add price of PSU in roi math.
I just got a S3+ off eBay for £200. It's basically unused. I'm running it to replace a clutter of older Avalon-based ASIC boards that drank 1kW for about 180GH.
The S3+ is doing a shade under 500GH with 360W at the wall. I'm very happy to let the S3+ sit and churn away until it pops, especially when difficulty is sitting still. I'm in Bitcoin for the long game - I like many have wasted hundreds of BTC buying pointless ASICs, and the only ones that turned a high profit were the Mk1 ASICMiner Blades. Now I'm just happy to sit and churn away and hope BTC is worth a lot more in 5-10 years time.
Also they have the S3 Plus to get a little more hash then first batches. It is hard to beat the price on them if you already have PSU's. If not make sure to add price of PSU in roi math.
I just got a S3+ off eBay for £200. It's basically unused. I'm running it to replace a clutter of older Avalon-based ASIC boards that drank 1kW for about 180GH.
The S3+ is doing a shade under 500GH with 360W at the wall. I'm very happy to let the S3+ sit and churn away until it pops, especially when difficulty is sitting still. I'm in Bitcoin for the long game - I like many have wasted hundreds of BTC buying pointless ASICs, and the only ones that turned a high profit were the Mk1 ASICMiner Blades. Now I'm just happy to sit and churn away and hope BTC is worth a lot more in 5-10 years time.
yeah there might be profit as low as 300. but if you are running a 30ph setup and it has paid itself off.
Whether you've paid it off doesn't matter, whether you've bought it is what matters. Sunk cost fallacy.
Latest numbers look good for under 2%
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 35,002,482,026
Estimated Next Difficulty: 35,345,438,113 (+0.98%)
Adjust time: After 357 Blocks, About 2.5 days
Hashrate(?): 254,316,772 GH/s
Block Generation Time(?):
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated: 21:35 (7.2 minutes ago)
https://bitcoincharts.com/
Blocks 326235
Total BTC 13.406M
Difficulty 35002482026
Estimated 35338083863 in 357 blks
Network total 240333.034 Thash/s
Blocks/hour 5.76 / 626 s
(+0.9599%) diff jump
pretty flat for this jump. will stay flat as long as btc stays low. reasons are simple most hashing is done by the builders and margins are too tight for them to build out.
yeah there might be profit as low as 300. but if you are running a 30ph setup and it has paid itself off.
the 30ph gets 431 coins a day. if your power is 5 cents and you use .6 watts a gh you spend 18mw a day that is 900 a day in power . 431 coins are 163000 a day
so after power your profit is 162000. take salaries a few other expenses and that plant earns 150k a day. you don't need to expand. if you keep coins flat and diff flat you just make big money day after day.
the interesting thing here is home miners can survive in this model.
they need .8 watts a gh and 12 cent power with 3% growth and 380 usd coins .. those numbers you do roi.
and if you could pull off 2% diff jumps you make pretty good money.
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 35,002,482,026
Estimated Next Difficulty: 35,345,438,113 (+0.98%)
Adjust time: After 357 Blocks, About 2.5 days
Hashrate(?): 254,316,772 GH/s
Block Generation Time(?):
1 block: 10.0 minutes
3 blocks: 29.9 minutes
6 blocks: 59.8 minutes
Updated: 21:35 (7.2 minutes ago)
https://bitcoincharts.com/
Blocks 326235
Total BTC 13.406M
Difficulty 35002482026
Estimated 35338083863 in 357 blks
Network total 240333.034 Thash/s
Blocks/hour 5.76 / 626 s
(+0.9599%) diff jump
pretty flat for this jump. will stay flat as long as btc stays low. reasons are simple most hashing is done by the builders and margins are too tight for them to build out.
yeah there might be profit as low as 300. but if you are running a 30ph setup and it has paid itself off.
the 30ph gets 431 coins a day. if your power is 5 cents and you use .6 watts a gh you spend 18mw a day that is 900 a day in power . 431 coins are 163000 a day
so after power your profit is 162000. take salaries a few other expenses and that plant earns 150k a day. you don't need to expand. if you keep coins flat and diff flat you just make big money day after day.
the interesting thing here is home miners can survive in this model.
they need .8 watts a gh and 12 cent power with 3% growth and 380 usd coins .. those numbers you do roi.
and if you could pull off 2% diff jumps you make pretty good money.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
If it does happen coins will need to drop to under 100 usd. And the problem is as soon as coins go up the diff will go up.
I have 6 s-3's . I can turn them off and on with ease. They are bought and paid for 3x over.
Many larger people then me can do this. I suspect bitfury, asicminer, knc, and bitmaintech can add 300ph to this network in under 2 weeks if btc price was rising.
Bitfury, AM, KNC and Bitmain would add the hash power now if they had it ready. They're profitable now with the current price of bitcoin. So it wouldn't make sense for them to wait for higher bitcoin prices just to power up new datacenters.
They just don't have the gear ready now or they're already adding hash in smaller increments and it's difficult to notice just yet.
Yeah I can see that idea is possible but I prefer the conspiracy one better. It is a speculation thread after all.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
If it does happen coins will need to drop to under 100 usd. And the problem is as soon as coins go up the diff will go up.
I have 6 s-3's . I can turn them off and on with ease. They are bought and paid for 3x over.
Many larger people then me can do this. I suspect bitfury, asicminer, knc, and bitmaintech can add 300ph to this network in under 2 weeks if btc price was rising.
Bitfury, AM, KNC and Bitmain would add the hash power now if they had it ready. They're profitable now with the current price of bitcoin. So it wouldn't make sense for them to wait for higher bitcoin prices just to power up new datacenters.
They just don't have the gear ready now or they're already adding hash in smaller increments and it's difficult to notice just yet.
Too little, too late.
I would have said the opposite. It was too much, too soon.But myeah... same thing.
Funny how english works.
As for s-3's running them now reminds me when I ran sapphire 7970's and coins were 6 to 10 bucks a piece. I earned 1 to 1.5 coins a day and monthly profit was very small.
Could actually be a good gamble to expand hobby mine capacity, assuming bull runs and spikes halt for the next 30-60 days.
if you can get used s-3's on the cheap they may be worth buying if you have power under 10 cents a kwatt.
there are some s-3's here and there for under 250 usd.
I got a few from this seller.
http://www.ebay.com/itm/BITMAIN-.AntMiner-S3-ASIC-Bitcoin-BTC-Miner-B5-7-IN-HAND-Ships-in-24-hrs-from-NY-/181534774039?pt=US_Virtual_Currency&hash=item2a4450d317
I would agree the S3 is a good bang for its buck. You set it up once and basically let it run.
Also they have the S3 Plus to get a little more hash then first batches. It is hard to beat the price on them if you already have PSU's. If not make sure to add price of PSU in roi math.
Too little, too late.
I would have said the opposite. It was too much, too soon.But myeah... same thing.
Could actually be a good gamble to expand hobby mine capacity, assuming bull runs and spikes halt for the next 30-60 days.
if you can get used s-3's on the cheap they may be worth buying if you have power under 10 cents a kwatt.
there are some s-3's here and there for under 250 usd.
I got a few from this seller.
http://www.ebay.com/itm/BITMAIN-AntMiner-S3-ASIC-Bitcoin-BTC-Miner-B5-7-IN-HAND-Ships-in-24-hrs-from-NY-/181534774039?pt=US_Virtual_Currency&hash=item2a4450d317
Could actually be a good gamble to expand hobby mine capacity, assuming bull runs and spikes halt for the next 30-60 days.
Bitfury, AM, KNC and Bitmain would add the hash power now if they had it ready. They're profitable now with the current price of bitcoin. So it wouldn't make sense for them to wait for higher bitcoin prices just to power up new datacenters.
They just don't have the gear ready now or they're already adding hash in smaller increments and it's difficult to notice just yet.
Sometimes I believe that. Sometimes I believe they have 300ph they are holding offline so as not to shock the network with back to back 40% diff jumps.
Pure conjecture on my part.
But the long tubes from Asicminer are easy to build and they could be cooled in a tank of oil pretty cheaply.
today's diff numbers are :
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 35,002,482,026
Estimated Next Difficulty: 36,532,953,358 (+4.37%)
Adjust time: After 1589 Blocks, About 10.8 days
Hashrate(?): 267,198,549 GH/s
Block Generation Time(?):
1 block: 9.8 minutes
3 blocks: 29.4 minutes
6 blocks: 58.7 minutes
http://www.bitcoincharts.com/
Difficulty 35002482026
Estimated 36005870944 in 1589 blks this is about 2.86%
Network total 272813.567 Thash/s
Blocks/hour 6.53 / 551 s
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
If it does happen coins will need to drop to under 100 usd. And the problem is as soon as coins go up the diff will go up.
I have 6 s-3's . I can turn them off and on with ease. They are bought and paid for 3x over.
Many larger people then me can do this. I suspect bitfury, asicminer, knc, and bitmaintech can add 300ph to this network in under 2 weeks if btc price was rising.
Bitfury, AM, KNC and Bitmain would add the hash power now if they had it ready. They're profitable now with the current price of bitcoin. So it wouldn't make sense for them to wait for higher bitcoin prices just to power up new datacenters.
They just don't have the gear ready now or they're already adding hash in smaller increments and it's difficult to notice just yet.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
If it does happen coins will need to drop to under 100 usd. And the problem is as soon as coins go up the diff will go up.
I have 6 s-3's . I can turn them off and on with ease. They are bought and paid for 3x over.
Many larger people then me can do this. I suspect bitfury, asicminer, knc, and bitmaintech can add 300ph to this network in under 2 weeks if btc price was rising.
Hey I run my s-3's at freq 206.25.
The power is lower.
The hash is lower
They run very quiet.
They are under 40db.
They are cooler.
I pull 1038 watts.
I get 1200Gh.
I have not done any resistor mods but I will.
At current diff and current btc fiat they earn more then power costs. So they run.
I can afford to shut them down if they don't earn more then the power.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
Exactly, we need 50% difficulty decrease in the next two months.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
yeah I think no matter what happens home mining will never thrive again.
If btc shoots up to 800 usd the diff will just catch up very quickly.
If btc shoots up to 1600 usd the diff will just catch up very quickly.
rinse repeat.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
yeah I think no matter what happens home mining will never thrive again.
If btc shoots up to 800 usd the diff will just catch up very quickly.
If btc shoots up to 1600 usd the diff will just catch up very quickly.
rinse repeat.
Well, sorta good news.
Looks like it's as bad as ever, but not getting worse as fast for us...
Looks like it's as bad as ever, but not getting worse as fast for us...
yeah if you look deep into the 3 periods of asics .
we are dropping the diff increases.
the last 104 days are under 10% avg
Too little, too late.
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