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Topic: New Hardware June 2015? - page 4. (Read 5723 times)

full member
Activity: 165
Merit: 100
May 28, 2015, 04:20:31 PM
#18
I guess the biggest question I'm struggling with is to either jump in now, or wait 45 days for new equipment (S7). I guess there is always something new on the horizon, but I wouldn't want to spend R&D time and money on something that will be obsolete by the time we get it working right.
full member
Activity: 165
Merit: 100
May 28, 2015, 04:10:28 PM
#17
What is BEST hardware for someone new?  And why?

A question back what does your power cost>

If you are under 5 cents consider a used s-3.



If you are over 15 cents you will most likely lose no matter what you buy.

So the best miner becomes how much do you want to lose.
What does noise mean to you?
What is resale value?

In the 5 cent to 8 cent  zone  I would say an s-3  if you are a complete beginner. why? it is under 100 +  a psu

you can learn mining on a decent machine.

if you are are 8 to 11 cents and noise matters get the spondoolies sp20 and down clock it to keep it quiet.

from 11 to 15 cents and you do not care about  a loud miner the s-5 is okay.


~11 cents in our office in NJ, ~10 cents in our data center in NJ, ~9 cents in our data center in the mid-west. Sound isn't an issue - I'm looking for a design that we can slightly improve (with cooling, overclocking, etc..) and scale. 2x S5 would seem to use as much power as an SP20 and get better results, no? (I realize the buy-in cost would be higher though). I wish they were still selling sp20's.. I saw some on ebay, but they were going for crazy prices.
legendary
Activity: 1456
Merit: 1000
May 28, 2015, 01:28:11 PM
#16
from 11 to 15 cents and you do not care about  a loud miner the s-5 is okay.

and if your price above 20 (like me) forget about mining forever.((


Sadly that would make home mining impossible.  You would have to look into either hosting or cloud mining if you ever wanted to mine.

With hosting you would still own equipment. Which could be nice.
legendary
Activity: 1036
Merit: 1000
/dev/null
May 28, 2015, 12:39:10 PM
#15
from 11 to 15 cents and you do not care about  a loud miner the s-5 is okay.

and if your price above 20 (like me) forget about mining forever.((
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
May 28, 2015, 11:39:32 AM
#14
What is BEST hardware for someone new?  And why?

A question back what does your power cost>

If you are under 5 cents consider a used s-3.



If you are over 15 cents you will most likely lose no matter what you buy.

So the best miner becomes how much do you want to lose.
What does noise mean to you?
What is resale value?

In the 5 cent to 8 cent  zone  I would say an s-3  if you are a complete beginner. why? it is under 100 +  a psu

you can learn mining on a decent machine.

if you are are 8 to 11 cents and noise matters get the spondoolies sp20 and down clock it to keep it quiet.

from 11 to 15 cents and you do not care about  a loud miner the s-5 is okay.
full member
Activity: 165
Merit: 100
May 28, 2015, 11:28:12 AM
#13
By the way - spoke to Bitmain Tech, they are saying S7 will be announced and released in July. Still debating if to wait or not.
legendary
Activity: 1456
Merit: 1000
May 28, 2015, 01:56:13 AM
#12
What is BEST hardware for someone new?  And why?

wait for a bit i heard the s6 or s7 will be out in june-july.
more hashing power = easier ROI but we do have to consider the difficulty level too.

This is a guess.  We really do not know when S6 or S7 will be released.  

Whenever they do release it's safe to say they will follow releasing of S6 and wait a bit till S7.   But no one knows for sure when this will be.   If they follow suit S7 would need new chips, or more efficiency out of S5 chips.
full member
Activity: 168
Merit: 100
Where is Teddy?
May 28, 2015, 12:32:14 AM
#11
What is BEST hardware for someone new?  And why?

wait for a bit i heard the s6 or s7 will be out in june-july.
more hashing power = easier ROI but we do have to consider the difficulty level too.
newbie
Activity: 3
Merit: 0
May 28, 2015, 12:30:04 AM
#10
What is BEST hardware for someone new?  And why?
legendary
Activity: 2030
Merit: 1076
BTCLife.global participant
May 28, 2015, 12:11:13 AM
#9
Take it as nothing but rumors: Bitmain and Avalon should be out with new chips june/july.
There is another rumor that Bitmain's S7 will be issued in july. Information is completely untrusted since I can't find any proofs here.
legendary
Activity: 1456
Merit: 1000
May 27, 2015, 06:50:05 PM
#8
Thanks for all the info! I'm going to browse through the used hardware on this forum. I guess I can always just buy the AntMiner S5 @$400/each directly from BitmainTech. I wish someone had more reliable info on the new gen of cards though - I'd hate to be investing time & $$$ into aging equipment & platforms.

The "new gen" is going to be SP20, S5,  Avalon 4.1.   SP20's you have to get from secondary markets there are not new ones being produced.

But as far as consumer models of current gen those are main one as far as electric efficiency.
full member
Activity: 165
Merit: 100
May 27, 2015, 05:49:33 PM
#7
Thanks for all the info! I'm going to browse through the used hardware on this forum. I guess I can always just buy the AntMiner S5 @$400/each directly from BitmainTech. I wish someone had more reliable info on the new gen of cards though - I'd hate to be investing time & $$$ into aging equipment & platforms.
sr. member
Activity: 322
Merit: 250
May 27, 2015, 05:15:23 PM
#6
They are talks of smaller asic chips in the makings. However I do not think will be any time until  SEP, OCT until new untis are in production and even then it is going to be a losing battle as money loaded company's will no doubt swap out old tech with new and just cause a new spike and increase in diff. The days of Avlaon first coming out mass production and then antminers coming out with a much more robust product cheaper and kicking out a lot more hash even now with them with energy cost import taxes will not make RIO back unless  got free energy or really cheap energy to run them daily.

I am just curious, what do you base Sep/Oct on?  Do you know someone/something or is it just a hunch?  From what I understand no one really knows when the next batch is coming out but I keep hearing anything from June to December.  I keep looking for legit information but so far all I have found is pure speculation.
legendary
Activity: 1820
Merit: 1001
May 27, 2015, 05:08:51 PM
#5
They are talks of smaller asic chips in the makings. However I do not think will be any time until  SEP, OCT until new untis are in production and even then it is going to be a losing battle as money loaded company's will no doubt swap out old tech with new and just cause a new spike and increase in diff. The days of Avlaon first coming out mass production and then antminers coming out with a much more robust product cheaper and kicking out a lot more hash even now with them with energy cost import taxes will not make RIO back unless  got free energy or really cheap energy to run them daily.
legendary
Activity: 1036
Merit: 1000
/dev/null
May 27, 2015, 01:08:27 PM
#4
Thanks for the response! I was thinking of a completed miner for initial R&D. "decent miner for cheap" => buying used? What's a good place to find a used one? Ebay?

ebay is usually overpriced, just because there are buying mining HW persons without basic bitcoin knowledge as "money machines with guaranteed ROI" haha..

for some "normal" prices, you can check this section https://bitcointalk.org/index.php?board=75.0 anyway, mining makes sense only if you had free or very cheap electricity so do some math and research by yourself before any investment..
full member
Activity: 165
Merit: 100
May 27, 2015, 11:39:58 AM
#3
Take it as nothing but rumors: Bitmain and Avalon should be out with new chips june/july.
You can already request SFARDS's, and you can try to get a dev kit out of 21 Inc.

That's just chips, though - if you want completed miners, you might as well try and score a decent miner for cheap now and sell them off again later.  Make sure you figure out all the financials.

Thanks for the response! I was thinking of a completed miner for initial R&D. "decent miner for cheap" => buying used? What's a good place to find a used one? Ebay?
hero member
Activity: 686
Merit: 500
FUN > ROI
May 27, 2015, 11:03:32 AM
#2
Take it as nothing but rumors: Bitmain and Avalon should be out with new chips june/july.
You can already request SFARDS's, and you can try to get a dev kit out of 21 Inc.

That's just chips, though - if you want completed miners, you might as well try and score a decent miner for cheap now and sell them off again later.  Make sure you figure out all the financials.
full member
Activity: 165
Merit: 100
May 27, 2015, 10:50:23 AM
#1
I'm new to the world of bitcoin, but have been involved in web hosting & web hosting hardware for almost 2 decades now. I was thinking about playing around with some of the latest ASIC hardware because there does seem some room for improvement in terms of cooling & design (from my server-building background). The Antminer S5 & SP20 seem like good entry points for some testing, but both seem to be out for 6mo now and some new hardware is probably around the corner. Is it worth waiting for new hardware? Is anything expected in the next 30 days?

Any feedback I can get would be greatly appreciate it. I'll document any R&D I do in the forum.
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