New mining hardware for july - page 3.

-droid-

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Quote from: philipma1957 on July 01, 2015, 12:28:40 PM

Quote from: ?? on ??

Quote from: philipma1957 on June 30, 2015, 11:51:23 PM

Quote from: Chicago2LV on June 30, 2015, 11:13:49 PM

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

So pretty much in midwest america is fine, hell my summer rates are 7 cents and winter are 6, and areas with nuclear are about the same. So with the new miners coming out we should see some more wiggle room and options for more home miners.

yeah pretty much so. many people don't realize home mining can work but not like it used to.

I live in NJ 13 cents winter adjusts to 10 cents with heat savings So from Oct 1 to June 1 I can mine at a profit. but a small one at that.

In the summer 16.9 becomes 18 with extra cooling. At 18 cents only sidehack's usb sticks make money. And I am not counting the power cost for the controller just using 4 watts for 12 gh.

I eek by with a small profit not like last fall. 13th getting paid 5x normal on nicehash due to the paycoin rush.

I think that's why alot of people are moving their gear to WA/OR for the cheap hydro electric rates

-droid-

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Quote from: MCHouston on June 30, 2015, 02:18:38 PM

Quote from: ?? on ??

Quote from: -droid- on June 30, 2015, 01:39:01 PM

i hope its alot quieter than the s5, not a big deal for farms or people with small data centers but for home miners its noticable

We will probably just have to mod the fans again, I think Bitmain is more concerned with the big farms and keeping cost low by just using a industrial jet engine noise fan.

I find the white noise from the fans relaxing, sometimes I open the doors to the mining rooms at my house. It makes me fall asleep faster.

lol yeah, also good to block out ambient noise when the kids are sleeping! Shocked

philipma1957

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Quote from: ?? on ??

Quote from: philipma1957 on June 30, 2015, 11:51:23 PM

Quote from: Chicago2LV on June 30, 2015, 11:13:49 PM

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

So pretty much in midwest america is fine, hell my summer rates are 7 cents and winter are 6, and areas with nuclear are about the same. So with the new miners coming out we should see some more wiggle room and options for more home miners.

yeah pretty much so. many people don't realize home mining can work but not like it used to.

I live in NJ 13 cents winter adjusts to 10 cents with heat savings So from Oct 1 to June 1 I can mine at a profit. but a small one at that.

In the summer 16.9 becomes 18 with extra cooling. At 18 cents only sidehack's usb sticks make money. And I am not counting the power cost for the controller just using 4 watts for 12 gh.

I eek by with a small profit not like last fall. 13th getting paid 5x normal on nicehash due to the paycoin rush.

Amph

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Quote from: MikeMike on July 01, 2015, 02:49:11 AM

Quote from: philipma1957 on June 30, 2015, 11:51:23 PM

Quote from: Chicago2LV on June 30, 2015, 11:13:49 PM

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

With how may watts draw per Terra-hash?

probably he is talking about the most efficient miner which is the antminers s5 1155 for 590w 1.95ghs/W

MikeMike

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★ Ⓚ KORE TEAM Ⓚ ★

Quote from: philipma1957 on June 30, 2015, 11:51:23 PM

Quote from: Chicago2LV on June 30, 2015, 11:13:49 PM

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

With how may watts draw per Terra-hash?

philipma1957

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Activity: 4158

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'The right to privacy matters'

Quote from: Chicago2LV on June 30, 2015, 11:13:49 PM

It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

IF YOUR power is under 10 cents profit can be made

Chicago2LV

newbie

Activity: 2

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It sucks to see people saying that home mining is dead, It can all still be profitable. The only reason I moved to a commercial space is because I outgrew my garage.

areinike

newbie

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I'd also wager to think that people are dumping bitcoin.cz mining in favor of antpool due to bad luck slush has been having the last few weeks. Antpool is more consistent with their payouts and usually exceeds estimated daily payouts based on hashrate calculators, whereas I'd be lucky to get half of that at slush. Sorry slush, I can't go where luck isn't

mrkubanftw

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Quote from: anamichii on June 30, 2015, 09:10:12 AM

Quote from: dogie on June 30, 2015, 09:07:46 AM

Quote from: Amph on June 30, 2015, 03:12:43 AM

still no specs for something that is supposed to be released next month?

Same as always, announcement goes up when batch is ready to sell. Same with S1, S2, S3, S4, S5, S4+.

antpool's hashrate going up from 66 PHs to 76.57 PH/s
it's caused by testing this unit?

I doubt it. Overall hash hasn't changed much. My guess is a pool switch. Consider btcguild just shut down. Or has had it announced for June for a while now. I myself left btcguild months ago when the luck went super south. Now i reside on antpool. Many users are doing this i assume.

MCHouston

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Where am I?

Quote from: ?? on ??

Quote from: -droid- on June 30, 2015, 01:39:01 PM

i hope its alot quieter than the s5, not a big deal for farms or people with small data centers but for home miners its noticable

We will probably just have to mod the fans again, I think Bitmain is more concerned with the big farms and keeping cost low by just using a industrial jet engine noise fan.

I find the white noise from the fans relaxing, sometimes I open the doors to the mining rooms at my house. It makes me fall asleep faster.

-droid-

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i hope its alot quieter than the s5, not a big deal for farms or people with small data centers but for home miners its noticable

Tupsu

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Quote from: innerchaos on June 30, 2015, 04:16:57 AM

Can you imagine the $144.00 per day electric cost and then $4400.00 electric bill per month...WOW

Yes, I can. I pay more than 3,000 euros per month for electricity...

+ 70TH/s [61x Antminer S5] from www.hashnest.com Maintenance Fee:$0.001175/GHS/Day

70TH/s = $2483 per 30 day.

anamichii

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Global economic crisis? i hold my bitcoin..

Quote from: dogie on June 30, 2015, 09:07:46 AM

Quote from: Amph on June 30, 2015, 03:12:43 AM

still no specs for something that is supposed to be released next month?

Same as always, announcement goes up when batch is ready to sell. Same with S1, S2, S3, S4, S5, S4+.

antpool's hashrate going up from 66 PHs to 76.57 PH/s
it's caused by testing this unit?

dogie

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dogiecoin.com

Quote from: Amph on June 30, 2015, 03:12:43 AM

still no specs for something that is supposed to be released next month?

Same as always, announcement goes up when batch is ready to sell. Same with S1, S2, S3, S4, S5, S4+.

anamichii

sr. member

Activity: 287

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Global economic crisis? i hold my bitcoin..

Waw S7 will be released on july?
cant the s5 price dropped after that?

Xialla

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/dev/null

Quote from: dunand on June 30, 2015, 07:33:24 AM

There is no economy of scale for running a large farm. Large miners uses the same equipment of a hobby miner.

yes, but they can negotiate different prices for electricity or connectivity, they don't pay prices + VAT and density of operation is also completely different. Even if they use same equipment, they had just different conditions..

it is like comparing freelancer and software company with argument, that both may use lenovo laptop with windows 7..

Argwai96

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Quote from: innerchaos on June 30, 2015, 04:16:57 AM

Quote from: egyproductions on June 30, 2015, 01:51:12 AM

Well, Where i live, The electricity is about 10p/w
So a single 1150g Bitmain antminer s5 will pay you $3 a day
Complete stats - (picture omitted to save space)
so 100 miners will pay you $300 a day.

I think that's good profit...the numbers above are calculate using the current bitcoin exchange rate, and we all know whats going to happen to the price of bitcoin in the future.

Can you imagine the $144.00 per day electric cost and then $4400.00 electric bill per month...WOW

pretty crazy to get a light bill like that, is great that the mining equipment companies are trying to make miners more efficient when it comes to power and hash but this is more of a Chinese farms influence then home miners.

sidehack

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Curmudgeonly hardware guy

Right, but they also negotiate discounted utility rates, and get all of their equipment cheaper. The only advantage a home miner has over a farm is not paying someone to maintain it.

dunand

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Quote from: Argwai96 on June 30, 2015, 01:26:32 AM

i dont see why people are still looking into buying new mining equipment if the network is run by this huge mining farms, small operations are no longer profitable.

Quote from: Xialla on June 30, 2015, 04:18:44 AM

this is maybe somehow important for chinese mining farms, because home mining is actually dead already, I'm not excited like before with new mining machines:(

There is no economy of scale for running a large farm. Large miners uses the same equipment of a hobby miner.

Rabinovitch

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Quote from: egyproductions on June 29, 2015, 11:02:08 PM

So i got a reply from bitmain.
apparently they're releasing their antiminer S7 in july

I strongly hope that S2 upgrade kit will at last be announced with this S7. Undecided

Topic: New mining hardware for july - page 3. (Read 4976 times)