World biggest bitcoin /SHA256 miner 7.7T@3400W - page 4.

sajidfbi

member

Activity: 66

Merit: 10

Quote from: sajidfbi on August 14, 2015, 04:42:17 PM

Quote from: philipma1957 on August 14, 2015, 04:30:36 PM

Quote from: TheRealSteve on August 14, 2015, 04:27:14 PM

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July - http://bitcoinclock.com/
Nov - Wiki

Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand Minute Hand Second Hand
Blocks per Revolution 210,000 2016 144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

Ahhh ok i hope it will keep going for long enough, Actually i am just moving ahead with 200 TH small mining firm soon,almost at the final stages of the setup,so hope for the best.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: sajidfbi on August 14, 2015, 04:42:17 PM

Quote from: philipma1957 on August 14, 2015, 04:30:36 PM

Quote from: TheRealSteve on August 14, 2015, 04:27:14 PM

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July - http://bitcoinclock.com/
Nov - Wiki

Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand Minute Hand Second Hand
Blocks per Revolution 210,000 2016 144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

The reward will keep halving so getting the "total/max" isint going to happen in our lifetime, so feel free to not worry about it. Everything else is so far in the future BTC is not in any danger of terminality. When we get there we can do whatever.

The 21m isint how many blocks its maximum BTC supply.

sajidfbi

member

Activity: 66

Merit: 10

Quote from: philipma1957 on August 14, 2015, 04:30:36 PM

Quote from: TheRealSteve on August 14, 2015, 04:27:14 PM

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July - http://bitcoinclock.com/
Nov - Wiki

Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand Minute Hand Second Hand
Blocks per Revolution 210,000 2016 144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

sajidfbi

member

Activity: 66

Merit: 10

Quote from: TheRealSteve on August 14, 2015, 04:27:14 PM

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

That's quite helpful now, i got it. Thanks mate for sharing.

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

I think 1 year is plenty problematic

Could you point to the wiki page that claims November? That needs fixing.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: TheRealSteve on August 14, 2015, 04:27:14 PM

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July - http://bitcoinclock.com/
Nov - Wiki

Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

TheRealSteve

hero member

Activity: 686

Merit: 500

FUN > ROI

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

sajidfbi

member

Activity: 66

Merit: 10

Quote from: philipma1957 on August 14, 2015, 04:22:53 PM

Quote from: sajidfbi on August 14, 2015, 04:21:47 PM

Quote from: philipma1957 on August 14, 2015, 04:14:29 PM

Quote from: sajidfbi on August 14, 2015, 03:45:31 PM

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

yes am I mistaken?

No probably i might be wrong as i have read somewhere that blockchain is going to get half in upcoming January 2016,but might be you are right and i wish that would be true so we have about 9 months to get RIO,which i can absolutely as electricity cost here at my place is 0.08.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: sajidfbi on August 14, 2015, 04:21:47 PM

Quote from: philipma1957 on August 14, 2015, 04:14:29 PM

Quote from: sajidfbi on August 14, 2015, 03:45:31 PM

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

yes am I mistaken?

you said 2016 Jan

I said 2016 JUN

Wiki has 2016 Nov

my source is wiki and they estimate Nov 2016

https://en.wikipedia.org/wiki/Bitcoin

User(s) Worldwide
Supply growth 25 bitcoins per block (approximately every ten minutes) until mid 2016,[2] and then afterwards 12.5 bitcoins per block for 4 years until next halving. This halving continues until 2110-2140 when 21 million bitcoins have been issued.

sajidfbi

member

Activity: 66

Merit: 10

Quote from: philipma1957 on August 14, 2015, 04:14:29 PM

Quote from: sajidfbi on August 14, 2015, 03:45:31 PM

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: sajidfbi on August 14, 2015, 03:45:31 PM

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan and in the world of btc 5 or 6 months is huge.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: sajidfbi on August 14, 2015, 03:45:31 PM

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

It should push value up a bit. Probably, but yes i think its going to push off some miners. So it should be also followed with a big diff drop. I believe it may be ROI-able depending on how strong the true next gen/wave will be.

sajidfbi

member

Activity: 66

Merit: 10

Quote from: jstefanop on August 14, 2015, 03:29:58 PM

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

jstefanop

legendary

Activity: 2174

Merit: 1401

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: QuintLeo on August 14, 2015, 01:07:22 PM

S5+ wasn't sold out very long, if at all.
S5 used batch 7 are still showing sold out right now though.

They changed the shipping date portion again so i'd be surprised if they dont do a 3rd batch of used units soon.

QuintLeo

legendary

Activity: 1498

Merit: 1030

S5+ wasn't sold out very long, if at all.
S5 used batch 7 are still showing sold out right now though.

Finksy

legendary

Activity: 1022

Merit: 1003

Quote from: philipma1957 on August 13, 2015, 10:23:23 PM

http://www.ebay.com/itm/AC-power-cord-C20-to-C19-12-AWG-4ft-White-Lifetime-Warranty-/311422141814?

the cable above and a 240 volt pdu like this

http://www.ebay.com/itm/Dell-AP6031-New-Open-Box-PDU-90-DAY-WARRANTY/291411660176?

you can do 2 of the 2880 watt psu's

Thank you Phillip. I also have C19-C20 cables (closer to 7' long) and PDU's that can accommodate 3-4 PSU's in my thread (found in my sig), along with boards, cables and PSU's. Plus, with the $CAD being quite low right now, it is reducing the actual cost of shipping for US customers significantly, and is quite affordable.

alh

legendary

Activity: 1846

Merit: 1052

Don't be in a rush to order, the website currently says Sold Out.

Maybe they priced it too low.....

Or they made too few.......

Blockhunter

hero member

Activity: 871

Merit: 505

Founder of Incakoin

Quote from: philipma1957 on August 14, 2015, 09:31:49 AM

Quote from: Blockhunter on August 14, 2015, 09:22:59 AM

Quote from: philipma1957 on August 14, 2015, 08:57:48 AM

well 2375 plus 98 to ship to New Jersey so 2473 total direct from bitmaintech

or 3299 plus 76 to ship to NEW JERSEY from here.

http://www.itopshop.net/world-biggest-miner-antminer-s5-bitcoin-miner-77-t-3436w-p-271.html

so 2473 bitmaintech vs 3375 itop only a 902 usd markup Roll Eyes

now at 2473

10 cent power 2% diff you have a profit after 422 days
9 cent power 2% diff you have a profit after 325 days
8 cent power 2% diff you have a profit after 284 days
7 cent power 2% diff you have a profit after 244 days
6 cent power 2% diff you have a profit after 220 days

ITOP hasn't marked it up that much. 2696$$ US priced from bitmain in China.

show me a link for 2696

I can not find it just 3299 and it is 76 to ship

http://shop.bitmain.cn/goods.php?id=47

BTC_ISTANBUL

sr. member

Activity: 331

Merit: 250

Use Bitmain 1600 Watt PSUs with S5+.It seems to me a cheap and reliable solution.The real decision is will there be S7 and when will they release it?

2600 USD for S5+?250 day of ROI.Well, I expect the price will be below 2000 USD including transport.

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