Bitcoin Forum

I wanted to start this topic,by asking whats going on with the mining gear with bitcoin or scrypt.


are they dying out? is there no new machines in the works?


does any one have any insight in the big companies about any hardware. 2014 was so big for mining is it now buy bulk old machines and just mine bitcoin.


some companies.

zeusminers.
zoomhash
knc

etc,

KNC - Only making hardware for themselves

Zeus - I believe they went cloud only

Gridseed - Became Sfards and has hardware in the works

Spondoolies - Only making hardware for themselves

Bitmain - No new ASIC announced

Avalon - Currently selling their 4.1 miner

Bitfury and 21 - Are coming out with something soon but details are not clear. Seems like they will be low hashrate chips integrated into basic items.

Alcheminer - Currently Selling their scrypt miner

I think that about sums it up.  Did I miss anyone that is not bankrupt or a scam?

i only know that knc are investing in 16nm chip and that a new line up of miners is coming for them, but as it was said they don't sell anymore, so it's a bit of pointless news

Gridseed - Became Sfards and has hardware in the works
what is Sdards mean?

I missed 2014 when we can saw many bitcoin mining hardware companies announed their products and compete each other on market :D
It was happen when bitcoin price still high and mining can be profitable (at least by calculation).

Now many companies either become scam company or bankrupt, and others are not active developing new products :(
it seems recent BTC price drop lowering market's demand for mining hardware.

Meanwhile in China, there are some big bitcoin miner facility spend their hash to mining bitcoin.
Are those miner purchased mining hardware from their local hardware companies?

gaw-zen-paycoin just about killed off scrypt with their tatics.

and once the s-3 jumped from 2 watt gear to .8 watt gear  the asic world simply stopped efficiency wise.

we are now at .48watt gear. under clock the sp20 and it drops to .48 watts

big farms and builders now find cheap power , as that cost less then making new gear.

I can break the math down if you want it.

but a guy with .8watt s-3's and 3 cent power wins over a guy with .51 watt s-5's and 10 cent power.

this has changed the builders mind set. quite a bit.














Difficulty History

Date   Difficulty   Change   Hash Rate
May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s
Mar 22 2015   46,717,549,645   -1.50%   334,417,246 GH/s
Mar 08 2015   47,427,554,951   1.59%   339,499,662 GH/s
Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s
Feb 09 2015   44,455,415,962   7.71%   318,224,263 GH/s
Jan 27 2015   41,272,873,895   -6.14%   295,442,739 GH/s
Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s
Dec 30 2014   40,640,955,017   3.00%   290,919,288 GH/s
Dec 17 2014   39,457,671,307   -1.37%   282,449,013 GH/s
Dec 02 2014   40,007,470,271   -0.73%   286,384,627 GH/s
Nov 18 2014   40,300,030,328   1.76%   288,478,854 GH/s
Nov 05 2014   39,603,666,252   10.05%   283,494,086 GH/s
Oct 23 2014   35,985,640,265   2.81%   257,595,247 GH/s
Oct 09 2014   35,002,482,026   0.98%   250,557,526 GH/s
Sep 25 2014   34,661,425,924   16.20%   248,116,151 GH/s
Sep 13 2014   29,829,733,124   8.75%   213,529,547 GH/s
Aug 31 2014   27,428,630,902   15.03%   196,341,788 GH/s
Aug 19 2014   23,844,670,039   20.86%   170,686,797 GH/s
Aug 08 2014   19,729,645,941   5.30%   141,230,307 GH/s
Jul 25 2014   18,736,441,558   8.08%   134,120,673 GH/s
Jul 12 2014   17,336,316,979   3.08%   124,098,191 GH/s



turning point  in diff adjustment  is here when s-3's started selling



Jun 29 2014   16,818,461,371   24.93%   120,391,236 GH/s
Jun 18 2014   13,462,580,115   14.51%   96,368,902 GH/s
Jun 05 2014   11,756,551,917   12.44%   84,156,677 GH/s
May 24 2014   10,455,720,138   18.10%   74,844,960 GH/s
May 12 2014   8,853,416,309   10.66%   63,375,223 GH/s
Apr 29 2014   8,000,872,136   14.64%   57,272,474 GH/s
Apr 17 2014   6,978,842,650   14.04%   49,956,502 GH/s
Apr 05 2014   6,119,726,089   22.23%   43,806,706 GH/s
Mar 24 2014   5,006,860,589   17.80%   35,840,504 GH/s
Mar 13 2014   4,250,217,920   11.39%   30,424,245 GH/s
Feb 28 2014   3,815,723,799   21.92%   27,314,015 GH/s
Feb 17 2014   3,129,573,175   19.39%   22,402,357 GH/s
Feb 05 2014   2,621,404,453   19.49%   18,764,744 GH/s
Jan 24 2014   2,193,847,870   22.59%   15,704,175 GH/s
Jan 13 2014   1,789,546,951   26.16%   12,810,076 GH/s
Jan 02 2014   1,418,481,395   20.12%   10,153,885 GH/s
Dec 21 2013   1,180,923,195   30.01%   8,453,378 GH/s
Dec 10 2013   908,350,862   28.41%   6,502,229 GH/s
Nov 29 2013   707,408,283   16.07%   5,063,826 GH/s
Nov 17 2013   609,482,680   19.29%   4,362,847 GH/s
Nov 05 2013   510,929,738   30.70%   3,657,378 GH/s
Oct 26 2013   390,928,788   46.02%   2,798,377 GH/s
Oct 16 2013   267,731,249   41.45%   1,916,495 GH/s
Oct 06 2013   189,281,249   27.19%   1,354,928 GH/s
© 2013-2014 BitcoinWisdom.com

https://bitcointalk.org/index.php?topic=985400
http://www.sfards.com/

Nope, that just about covers it.  Arguably ASICMiner is in a state of limbo, but the net result is the same - nothing (new) available.
Speculation-wise, LK Group is working on a chip (https://bitcointalk.org/index.php?topic=1033676), and if anybody feels like believing HashCoins, then whatever is in their vaporware-so-far miner (https://bitcointalk.org/index.php?topic=417623.msg11314991#msg11314991) may or may not be new.

There is a lot of talk about the next batch of antminers but so far nothing has been released.  There seem to be quite a few models in the works, this should be an interesting year for hardware.

Your best bet is bitmaintech.  I think the S5 and S4 are their last two miners for the public.

Yoshi told me that he is concentrating on building data centers in WA.

KNC - Losing money only mining for themselves, $4.4 million loss on $74 million revenue in 45 days from November 15th to year end 2014. That's awful, and that was at a much higher bitcoin price. Given how mining is a margins game, the 50% drop in price since then means they are probably losing several times that $4.4 million every 45 days now. They're probably betting the farm that their new chip will save them.

Spondoolies - Are they? Their announcements and focus seems to suggest they'll still sell equipment when they make more.

Bitmain - Support told me the S7 would be out in late July. Specifically said S7, no mention of S6.

Avalon - Their reputation is tarnished. I'm surprised they haven't at least changed their names to distance themselves from the their late 2013 miner debacle.

Bitfury - Still mining for themselves in Georgia and Iceland. They had a large facility in Finland but closed it only months after opening.

21 - Has a pool identified by some which would give them 0.2ish% of the network. Lends to the rumour that they were originally a failed secret mining operation.

Other players:

Friedcat vanished with the ASICminer farm.

Rockminer - I see *some* good posts about them, but I'm really put off their website layout. Seems like they're using other people's technology and making their own miners?

so mostly all became cloud services and or are building hardware for them selves.

so what are we left with?  would be nice to get some new hardware and maybe than everything will start to rise again maybe even the alt coins.

yea I saw something as well about that but if they are not building it for the public that is kind of dumb considering they made an announcement again I hope we get some new hardware in so we can buy.


I remember buying an A2 for around $11,000 :) and made some coin and alt coin off of it than after selling it for around $6,000 dont think I ever ROI'd but it was fun.

I think the reason so many became a ponzi or scam was due to the price of bitcoin plummeting. I dont think it was even their intentions to turn out the way they did.

but who knows. maybe the price will bounce back up.

I hope we do get some new models I read last year about 500 MH/s of scrypt power But I am guessing that was just some bull.

That would of been sick though.

Will be more equipment coming out but in all honesty with next year in the swig for next half on rewards is it really going to be worth it tho that begs the question 25 going down to 12.5 reward on blocks is going to take double the hash power to generate what we generating now and to get effective equipment to do that is going to take a monster amount of power. I know for sure going to be looking into other methods of coins to go into BTC after but maybe move away from btc and look into other cryptos for the future.

It's quite possible that the target audience of a KNC announcement is NOT the public at large. It may well be to satisfy existing investors, or possibly attract new investors. It's probably easier to get significant money from actual investors, rather than folks that thought they were customers (i.e. pre-orders).

I personally have never purchased directly from manufacturers, I find it much more cost effective to buy from panic wholesalers on places like forums, Amazon, eBay, and Craigslist.

maybe they will do the same thing that they have done in the past, like asking you money for pre-orders, ship the initial 1 and 2 batch, and then close the door for future orders

If u have never brought from bitmain direct then there is a good chance u have never roi!

usually when you get a good ROI chance is being one of the first couple batches on a new unit.  after that I also buy second hand as the difficulty and btc price makes roi on higher up batches harder and harder

this is pretty much the best way… 


As a miner threading water is big.  breaking even for 6 months then a 1 to 3  week spike and you make a shit ton of money.

last good time for mining was in the fall for 2 weeks nicehash rentals were 3 to 6 fold.  I earned 2.8 btc in 11 days.

Yeah I was using betarigs during that time and it was pretty good also.  I might jump back in and get some hardware soon, but debating between sp20's or waiting for future gen stuff "supposedly" this month

Stick around a little longer. A new miner will soon be unveiled.

Yup and a new company to come out soon too that will wipe a lot of the current markets out, but will sure give antminer a run for their money. Their a few company's in the making however its a mater of if their legit and deliver on time as promised, or their just another BFL job and take pre orders. I know one thing for sure is that I will never do pre orders with any company ever again. Nice first days of avalon, ok I got my rig however massive amounts of bitcoin chucked at it could of been far better off keeping the BTC and just wasting for the rise. Mining now unless free energy and cheap and PH of hash your gonna be pissing in the wind to brake even or RIO on top.

For the bored, pick this one apart :)
https://bitcointalk.org/index.php?topic=1125157

That "yesminer" is an obvious scam.  It's always a bad sign when they're taking pre-orders for delivery 5 months later from a "team of veterans" none of whom are listed.  Anyone that does not have a reputable established name in the industry is not worth the risk of a pre-order.  It's like saying if you give me $100 today I'll give you $200 in 5 months.  The only companies I would recommend a pre-order relationship with is:

Spondoolies
Bitmain
Bitfury (not so sure they're selling gear)

Those are the only ones that I know have created products without taking millions of dollars from their customers and not providing what they promised.

Regards,
Yan