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Title: Would i be better off waiting for the 16nm miners? Post by: jacobmayes94 on September 21, 2015, 07:12:16 PM I have already decided to put my antminer U3 on for lottery mining, have named it blocky incase he finds me a block!... 63GH/s... I am interested in mining in a pool as well with a bigger rig as well... Would I be better off waiting for a later miner? I seem to find the antminer s7 is very high priced given the difficulty level keeps rising. I want to do it mainly for fun but also I do want to minimize losses if possible. Either getting a later rig or use that moment to cash in on the price drop of the s7?
What do you guys recommend? hang fire and wait? or go for it? Jacob Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on September 21, 2015, 08:30:34 PM I have already decided to put my antminer U3 on for lottery mining, have named it blocky incase he finds me a block!... 63GH/s... I am interested in mining in a pool as well with a bigger rig as well... Would I be better off waiting for a later miner? I seem to find the antminer s7 is very high priced given the difficulty level keeps rising. I want to do it mainly for fun but also I do want to minimize losses if possible. Either getting a later rig or use that moment to cash in on the price drop of the s7? What do you guys recommend? hang fire and wait? or go for it? Jacob This is really speculation. No one can say if the S7 is a good investment compared to other companies. It is no doubt their last 28 nm chip big machine (i think personally). But it's going to take someone to release a better chip and miner to general public to push the new NM. Honestly anyone is just guessing if they advise on wait or buy it. Right now it's kinda a one man show on miners beings sold to public. Title: Re: Would i be better off waiting for the 16nm miners? Post by: QuintLeo on September 22, 2015, 08:41:41 AM I'd wait not so much on 16nm, but on "what other companies come out with to compete with the S7" right now.
Bitfury and KnC aren't going to be selling to the public, and BitFury in particular isn't going to be selling 16NM at all for months at best (they just announced tape-out earlier this month, it takes MORE months sometimes a year+ to get working production hardware from that point). Title: Re: Would i be better off waiting for the 16nm miners? Post by: mindtrip on September 22, 2015, 01:49:35 PM My opinion is we wont see any 16nm until 2016 so if you want to wait that long to get into mining or you take the S7 which as of right now is the best option available to the public
Title: Re: Would i be better off waiting for the 16nm miners? Post by: ranochigo on September 22, 2015, 01:57:50 PM 16nm miners are still in fact quite far away from a mass release. When it gets released, if the efficiency is high, the miner would be sold out in a fast rate. Even without it, the difficulty would increase as the time goes and it wouldn't gain too much profit.
Title: Re: Would i be better off waiting for the 16nm miners? Post by: mindtrip on September 22, 2015, 02:05:42 PM 16nm miners are still in fact quite far away from a mass release. When it gets released, if the efficiency is high, the miner would be sold out in a fast rate. Even without it, the difficulty would increase as the time goes and it wouldn't gain too much profit. Agreed its basically an ASIC arms race each leap in efficency follows with a leap in difficulty to compensate so over all mining sooner rather then later in my onion is always the better option and forgetting the daily volatility of BTC the halving will come again and the rewards will once again be reduced and as the rest of the world jumps on board the value of BTC is poised to go up Title: Re: Would i be better off waiting for the 16nm miners? Post by: carlosmnk on September 22, 2015, 03:23:37 PM 16nm miners are still in fact quite far away from a mass release. When it gets released, if the efficiency is high, the miner would be sold out in a fast rate. Even without it, the difficulty would increase as the time goes and it wouldn't gain too much profit. Agreed its basically an ASIC arms race each leap in efficency follows with a leap in difficulty to compensate so over all mining sooner rather then later in my onion is always the better option and forgetting the daily volatility of BTC the halving will come again and the rewards will once again be reduced and as the rest of the world jumps on board the value of BTC is poised to go up Agreed. I don't think there will be a 16nm miner in a while (some years, maybe). The develop cost is too much, and when it will be launched the diff will be launched too, so you will get no money. And next year, the reward will be only 12.5BTC per block, so i don't think we will see an early 16nm chip. Not in a long time. :( Title: Re: Would i be better off waiting for the 16nm miners? Post by: mindtrip on September 22, 2015, 04:23:21 PM 16nm miners are still in fact quite far away from a mass release. When it gets released, if the efficiency is high, the miner would be sold out in a fast rate. Even without it, the difficulty would increase as the time goes and it wouldn't gain too much profit. Agreed its basically an ASIC arms race each leap in efficency follows with a leap in difficulty to compensate so over all mining sooner rather then later in my onion is always the better option and forgetting the daily volatility of BTC the halving will come again and the rewards will once again be reduced and as the rest of the world jumps on board the value of BTC is poised to go up Agreed. I don't think there will be a 16nm miner in a while (some years, maybe). The develop cost is too much, and when it will be launched the diff will be launched too, so you will get no money. And next year, the reward will be only 12.5BTC per block, so i don't think we will see an early 16nm chip. Not in a long time. :( I also read that IBM built a chip at 7nm level but we wont see that int he chip market for at minimum 2 years and as always initial RD cost need to be recouped in the first year of chip production so i dotn see those chips hitting the mining industry for a few years after that its always been released by Intel first and even manufactured in house the first year to stall the Chinese from copying the design and mass producing it so the bitcoin miners are always 1-2 generations behind general intel desktop chip designs. Intel just released there 14nm chip but there previous generation Haswell-E chips still are the most powerful desktop chips on the market until the new technology catches up Title: Re: Would i be better off waiting for the 16nm miners? Post by: toptek on September 22, 2015, 04:33:58 PM wait to see what the S7 does i agree with them all 16 nm is so far off now , either buy some s5 or wait and see how the S7 really does and not the non-NDA reviews we are starting to see sense the NDA on S7 is no more and those few who had a few sent to them are stating to give reviews i wouldn't trust.
I plan to get one and a few more S5 and will finally have my 240 lines put in the right way in about month, I can run all 10 of my miners at once and feel safe 24/7. :) . I Knew deve was going to slow down at some point it had to . so wait for reviews on the forums were they really mater or buy one or two now or buy Some S5 which will still have a use for at least 6 month to a year or more because of the high cost of S 7 :( Title: Re: Would i be better off waiting for the 16nm miners? Post by: jbrnt on September 22, 2015, 04:50:05 PM Any miner to be released in 2016 will be crossing over the halving around July in it's effective life. So I think price of miners are going down as we creep closer to the halving day as revenue from the miners will drop. I would not speculate price vs hash rate now because it's a completely new market in 6 months.
Title: Re: Would i be better off waiting for the 16nm miners? Post by: toptek on September 22, 2015, 04:56:37 PM Any miner to be released in 2016 will be crossing over the halving around July in it's effective life. So I think price of miners are going down as we creep closer to the halving day as revenue from the miners will drop. I would not speculate price vs hash rate now because it's a completely new market in 6 months. which will be nice i can't wait!!! . I think nothing but positive thought for that. :) . Title: Re: Would i be better off waiting for the 16nm miners? Post by: mindtrip on September 22, 2015, 05:56:17 PM Any miner to be released in 2016 will be crossing over the halving around July in it's effective life. So I think price of miners are going down as we creep closer to the halving day as revenue from the miners will drop. I would not speculate price vs hash rate now because it's a completely new market in 6 months. which will be nice i can't wait!!! . I think nothing but positive thought for that. :) . I agree I have some S7's coming in Tomorrow I will have them setup and running by end of day and as usual will post some of my pictures of the miners and the setup and after a few hours of running ill have an idea how they perform and what they have for OC potential. I think the halving will push BTC price up and old legacy miner resale values down Title: Re: Would i be better off waiting for the 16nm miners? Post by: BLOCK_C on September 22, 2015, 09:05:41 PM It's probably going to be a while before the 16nm is out. The base production price is very high and with BTC around 230 it's hard to justify the cost of switching to the new technology. Bitmain will probably want to ride out their current chip for a while before making any sort of switches. Also by the time it comes out the dynamic of the market could be very different than today so you could end up with a chip that runs at .12W/G and a global that 800Ph.
Title: Re: Would i be better off waiting for the 16nm miners? Post by: mwizard on September 22, 2015, 10:31:06 PM I'd wait not so much on 16nm, but on "what other companies come out with to compete with the S7" right now. Agreed.Bitfury and KnC aren't going to be selling to the public, and BitFury in particular isn't going to be selling 16NM at all for months at best (they just announced tape-out earlier this month, it takes MORE months sometimes a year+ to get working production hardware from that point). There are 16nm miners out there now. It is just they are not available to the public. KNC taped out its 16nm chip in February and announced they had chips workng in June (Solar chip). This is presumably how KNC were able to add 10-15 Petahash to the network over the last 4 weeks. Bitfury also have 16nm coming. But neither company will sell to the general public. Companies aim to make a profit so will not sell miners if it is more profitable to use the miners themselves, or only sell to related large scale farms. So 16nm miners are out there, just don't expect the latest technology miners to be sold to the public. Title: Re: Would i be better off waiting for the 16nm miners? Post by: -droid- on September 22, 2015, 10:57:17 PM from what ive heard the 16nm chips are not that much more efficient than the 28nm fully custom BM1385
Title: Re: Would i be better off waiting for the 16nm miners? Post by: mwizard on September 23, 2015, 12:16:12 AM from what ive heard the 16nm chips are not that much more efficient than the 28nm fully custom BM1385 droid, do you have a source for the comment that 16nm is not much more efficient than the 28nm BM1385. All the sources I have seen say there is a considerable performance difference, especially with the 16 nanometer 3D FinFET chips. The target figures at the chip level being quoted by KNC and Bitfury are 0.07J/GHs and 0.06J/GHs respectively. The BM1385 is 0.216J/GHs. Presumably only KNC knows the actual specs of the 16nm miners they seem to be rolling out. The last 4 weeks have seen a 10-15 petahash increase in the KNC pool. In summary the 16nm chips could be between 2 and 3 times more efficient and likely around 0.1J/GHs at the system level. But for the immediate future they will not be available to the public. Title: Re: Would i be better off waiting for the 16nm miners? Post by: -droid- on September 23, 2015, 04:34:21 PM from what ive heard the 16nm chips are not that much more efficient than the 28nm fully custom BM1385 droid, do you have a source for the comment that 16nm is not much more efficient than the 28nm BM1385. All the sources I have seen say there is a considerable performance difference, especially with the 16 nanometer 3D FinFET chips. The target figures at the chip level being quoted by KNC and Bitfury are 0.07J/GHs and 0.06J/GHs respectively. The BM1385 is 0.216J/GHs. Presumably only KNC knows the actual specs of the 16nm miners they seem to be rolling out. The last 4 weeks have seen a 10-15 petahash increase in the KNC pool. In summary the 16nm chips could be between 2 and 3 times more efficient and likely around 0.1J/GHs at the system level. But for the immediate future they will not be available to the public. no sources, but ive heard from ppl who work at the local intel FAB that their 3D chips are having a prob with efficiency not being as good as they hoped.. plus the heat retention is nuts Title: Re: Would i be better off waiting for the 16nm miners? Post by: Mikestang on September 23, 2015, 05:07:34 PM OP,
You're in it for fun, you do not need bleeding edge ASIC technology. You'll over pay for it both in purchase price and electricity usage (despite the increased efficiency, the trend with miners now is to go big big big, just look at the S5+, S7, and SP50). Buy yourself a used S3 and start playing, you can find them almost given away now. They are still fairly efficient, two of them can give you 1TH so they're "big enough" to put your U3 hash into perspective, and you won't break the bank playing with them. Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on September 23, 2015, 05:20:21 PM Something interesting is SP50 is still 28nm. So both bitmain and SP kept the 28nm for this release.
It could be a while till us customers see lower nm chips. It seems most are getting one more generation out of the current nm. Title: Re: Would i be better off waiting for the 16nm miners? Post by: QuintLeo on September 24, 2015, 09:30:12 AM My opinion is we wont see any 16nm until 2016 so if you want to wait that long to get into mining or you take the S7 which as of right now is the best option available to the public December 2015, Lketc / Innosilicon, from reading between the lines of some of the stuff they've already announced. Pretty close to 2016 though - and it's not fully optimised 16nm so won't be better efficiency (per their announced specs) than the SP50 and only a hair better to the same as the S7. I'm mostly just hoping it ignites a serious price war. The KnC and Bitfury announcements were only for tapeout - though it appears they have done fully optimised designs, not "cell based" stuff that's less efficient. I suspect KnC has been rolling theirs for a short while, but are having yeild issues. Bitfury probably won't have production chips till sometime mid-to-late 2016. Spondoolies claims .15J/GHs for their new 28nm chips, which narrows the margin quite a bit but you better have SERIOUS money if you ever want any of that hardware. Title: Re: Would i be better off waiting for the 16nm miners? Post by: ngzhang on October 16, 2015, 05:11:55 PM I think Bitcoin mining will finally move to 14/16nm at early or mid 2016, in the retail market.
The major barriers for us to move to 14/16nm node are the cost is ~X2 and the manufacture time is ~X2.5 compare to 28nm. This means you spend even more on same THs on the chips, and get them months later. Also, cash before order. The only benefit is ~30-50% power saving. Do you really think this is worthy? also, ALL bitcoin chip designs are cell based. This impossible to do a good "full custom" design in 1or 2years. The word "Full custom" turns into a advertisement words now. :-\ ng Title: Re: Would i be better off waiting for the 16nm miners? Post by: Finksy on October 16, 2015, 06:20:53 PM I think Bitcoin mining will finally move to 14/16nm at early or mid 2016, in the retail market. ng,The major barriers for us to move to 14/16nm node are the cost is ~X2 and the manufacture time is ~X2.5 compare to 28nm. This means you spend even more on same THs on the chips, and get them months later. Also, cash before order. The only benefit is ~30-50% power saving. Do you really think this is worthy? also, ALL bitcoin chip designs are cell based. This impossible to do a good "full custom" design in 1or 2years. The word "Full custom" turns into a advertisement words now. :-\ ng Thank you for coming in and commenting on many of the threads, it is nice to have industry insight from professionals such as yourself. I personally believe that the "arms race" with Bitfury and KNC is more PR and marketing than real facts. All we really know for certain is that they are increasing their hashrate, not that they are meeting the specs that they claim. Would you agree that with the low price of electricity many of these large farms are likely able to obtain, the $/GH can be just as or more relevant as the W/GH in terms of profit? For that reason, I wouldn't think 14/16nm is going to be a cost-effective before the next ~12 months given it's infancy compared to 28nm at this time. If it was, one would think Innosilicon would have taped out by now. Title: Re: Would i be better off waiting for the 16nm miners? Post by: ngzhang on October 17, 2015, 04:53:27 AM ng, Thank you for coming in and commenting on many of the threads, it is nice to have industry insight from professionals such as yourself. I personally believe that the "arms race" with Bitfury and KNC is more PR and marketing than real facts. All we really know for certain is that they are increasing their hashrate, not that they are meeting the specs that they claim. Would you agree that with the low price of electricity many of these large farms are likely able to obtain, the $/GH can be just as or more relevant as the W/GH in terms of profit? For that reason, I wouldn't think 14/16nm is going to be a cost-effective before the next ~12 months given it's infancy compared to 28nm at this time. If it was, one would think Innosilicon would have taped out by now. It's much easier to get a low price of electricity than study out a high efficiency chip. If the electricity is ~ 0.02~0.03$, nobody care about the power consuption. ~0.3W/G and ~0.15W/G almost the same. Bitfury advertise their 0.07W/g 16nm chips , but gear up their ~0.25W/G 28nm chips in their own farm. So I think Bitfury is a wise man. Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? ng Title: Re: Would i be better off waiting for the 16nm miners? Post by: Finksy on October 17, 2015, 05:15:41 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 17, 2015, 05:48:06 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. Did they announce it or did Lketc? I was thinking Lketc was one to actually announce a product. And they did it very early, to early since they did not even have a chip at that point. BW has announced a miner. Still rendering stages aswell. So there are two miners that have announced. But we have yet to see either in real world. Title: Re: Would i be better off waiting for the 16nm miners? Post by: ngzhang on October 17, 2015, 06:15:26 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. sources? ??? Title: Re: Would i be better off waiting for the 16nm miners? Post by: Searing on October 17, 2015, 06:21:41 AM I have already decided to put my antminer U3 on for lottery mining, have named it blocky incase he finds me a block!... 63GH/s... I am interested in mining in a pool as well with a bigger rig as well... Would I be better off waiting for a later miner? I seem to find the antminer s7 is very high priced given the difficulty level keeps rising. I want to do it mainly for fun but also I do want to minimize losses if possible. Either getting a later rig or use that moment to cash in on the price drop of the s7? What do you guys recommend? hang fire and wait? or go for it? Jacob the trend has been either 1) you can't get them they are kept in house and in data halls via big IPO $$$ (ie KNC) 2) you can get them in 'bulk' batches 3) they are industrial units that likely will go for over 30k this is the future you have bitman that makes some...but by the time they fill their data halls with their units (or whomever would sell us some) usually it is too long a wait and they can never ROI So sure ..wait....we could get luck...but S7 and chucking out big money for an sp50 spondoolies just to be ground up in the giant miner asic data hall wars I see coming is hardly attractive my 2 satoshi's worth anyway Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 17, 2015, 07:49:31 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. sources? ??? Lk - https://bitcointalk.org/index.php?topic=1033676.0 BW - https://www.bw.com/pool/miner They teamed up with BW. There are some big moves that happened. Are you still with avalon? Title: Re: Would i be better off waiting for the 16nm miners? Post by: RichBC on October 17, 2015, 08:09:01 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. sources? ??? Lk - https://bitcointalk.org/index.php?topic=1033676.0 BW - https://www.bw.com/pool/miner They teamed up with BW. There are some big moves that happened. Are you still with avalon? Just following up on the connections, LK / BW is quite clear as is their intention to use 14nm chips in B-Eleven. So interesting to see a comment from someone in the business "Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ???" My working assumption, but don't think I have seen anything reported, is that Innosilicon would be the fab for these 14nm chips? So is that documented anywhere, are they still the most likely, if not who else could it be? Rich Title: Re: Would i be better off waiting for the 16nm miners? Post by: ngzhang on October 17, 2015, 10:38:30 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. sources? ??? Lk - https://bitcointalk.org/index.php?topic=1033676.0 BW - https://www.bw.com/pool/miner They teamed up with BW. There are some big moves that happened. Are you still with avalon? Avalon is a project name. My company is Canaan-creative. Bitcoin mining is still my primary job. LK / BW is totally different form Innosilicon. As I know, LK/BW is designing the chips under their own control. Good luck to their first chips. :) ng Title: Re: Would i be better off waiting for the 16nm miners? Post by: Finksy on October 17, 2015, 11:28:16 AM This is where I was pulling it from. LK and others use Innosilicon's chips, as they did with the A1.
Thanks all for elaborating. Innosilicon's job on A1 project was to do the proper ASIC and and ship them to whoever wanna design the miners . By the way, we are free to ship in the open market from day 1 and we never shipped one region with better quality ASIC than another region. Any such claim is just fking lie and malicious. Why would we do that? Never! European region to us, are just as important as any other regions in the world. The two chip Reference board we did for A1 we did was only served to evaluate and demo our ASIC and not for production use. As it turned out, companies like Bitmine had very little prior engineering experience and they are not competent to handle the miner production in the end. All in all, engineering is all about knowledge, process and experience. Hard lessons are learnt and it is never easy to get-rich-quickly if you don't really know it. BTW, Martin from IMET is a cheater and liar. He begged us to ship him a few thousand ASICs to make boards back in March 2014 and promised to pay later. After ASIC arrived, he disappeared. His A1 Miner was too extreme and too hot to be reliable. He should not be trusted. After A1 phase, we did 28nm A2 ASIC PLUS the official A2 Terminator miner design together so that there won't be another Bitmine like miner fiasco which hurt ASIC sales, which was better. The latest development is that we are moving on to the A3 ASIC and A4 ASIC design already. Both in 14nm and already taped out with over 60% power saving over the 28nm generation. Anyone interested in those are free to contact us. I guess we are the 1st to move to 14nm at this point and we are confident A3 and A4 are both gonna work great. Thanks all for the spirited debate and sharing. God bless! Title: Re: Would i be better off waiting for the 16nm miners? Post by: anthonycamp on October 17, 2015, 11:33:52 AM you say soo many miners like i get fuzzed betewewn the S5 S6 S7 and the A ant miners are best the A or S and major difrences?
Title: Re: Would i be better off waiting for the 16nm miners? Post by: Amph on October 18, 2015, 07:10:09 AM you say soo many miners like i get fuzzed betewewn the S5 S6 S7 and the A ant miners are best the A or S and major difrences? the s7 is the best if you don't have a really cheap or free electricty, otherwise the s3 would be the best i would not count too much on the a series...afaik they are worse in term of efficiency Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 18, 2015, 09:02:10 AM Also, why you metioned Innosilicon? I haven't hear about them for really a long time. ??? Because they are the only company who have publicly announced consumer sales of 14nm mining chips with their A3's, unlike Bitmain and SP-Tech who are staying with 28nm for the time being. sources? ??? Lk - https://bitcointalk.org/index.php?topic=1033676.0 BW - https://www.bw.com/pool/miner They teamed up with BW. There are some big moves that happened. Are you still with avalon? Avalon is a project name. My company is Canaan-creative. Bitcoin mining is still my primary job. LK / BW is totally different form Innosilicon. As I know, LK/BW is designing the chips under their own control. Good luck to their first chips. :) ng LK announced LONG ago at this point. Everyone assumed it was with Innosilicon as they have always been partners in past. Also they said same NM as each other. BW miner is kinda new and assumed with Innosilicon. So no public info really on what's happening with LKETC original gear if still planned, or BW stole Innosilicon. That is what I get out of it anyways. Title: Re: Would i be better off waiting for the 16nm miners? Post by: QuintLeo on October 19, 2015, 09:54:22 AM LK announced LONG ago at this point. Everyone assumed it was with Innosilicon as they have always been partners in past. Also they said same NM as each other. BW miner is kinda new and assumed with Innosilicon. So no public info really on what's happening with LKETC original gear if still planned, or BW stole Innosilicon. That is what I get out of it anyways. BW *IS* LK - in part. LK owns part of BW IIRC "Bitcoinbank" owns the rest. I'm curious where the claim that LK/BW are designing their own chip comes from - that would be a complete break with their previous business model, and they have NOT said or announced anything about such a thing that I've been able to find (though they also have never specifically said they are planning to use Innosilicon A3 chips). Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 19, 2015, 11:08:00 AM LK announced LONG ago at this point. Everyone assumed it was with Innosilicon as they have always been partners in past. Also they said same NM as each other. BW miner is kinda new and assumed with Innosilicon. So no public info really on what's happening with LKETC original gear if still planned, or BW stole Innosilicon. That is what I get out of it anyways. BW *IS* LK - in part. LK owns part of BW IIRC "Bitcoinbank" owns the rest. I'm curious where the claim that LK/BW are designing their own chip comes from - that would be a complete break with their previous business model, and they have NOT said or announced anything about such a thing that I've been able to find (though they also have never specifically said they are planning to use Innosilicon A3 chips). When you say in part can you go more in depth? What is their relationship? Does one own the other As far as both of them they would be using Innosilicon chips to my knowledge. LKETC for sure will be on what ever their next dragon will be. And BW would most likely use it aswel. Title: Re: Would i be better off waiting for the 16nm miners? Post by: Searing on October 20, 2015, 06:53:35 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 20, 2015, 07:05:33 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I can't imagine anyone pre-ordering gear at this point with just renderings. And it's a crazy quantity to buy looks like they are shooting for data centers as first customers with the amount. I am hoping we see sales a lot different after it launches and they fill their data centers up. Title: Re: Would i be better off waiting for the 16nm miners? Post by: Searing on October 20, 2015, 08:09:17 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I am hoping we see sales a lot different after it launches and they fill their data centers up. It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will be made internally with these chips (at cost) with cheap electric in china. Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 20, 2015, 08:12:53 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I am hoping we see sales a lot different after it launches and they fill their data centers up. It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will be made internally with these chips (at cost) with cheap electric in china. I might be missing something obvious but where do they announce a USB stick? I see a big product they just want you to order a lot of them. 333 units = 1 PH sounds like a big miner not usb stick. But I could me misreading something. Title: Re: Would i be better off waiting for the 16nm miners? Post by: Searing on October 20, 2015, 08:15:21 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I am hoping we see sales a lot different after it launches and they fill their data centers up. It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will be made internally with these chips (at cost) with cheap electric in china. I might be missing something obvious but where do they announce a USB stick? I see a big product they just want you to order a lot of them. 333 units = 1 PH sounds like a big miner not usb stick. But I could me misreading something. yeah point to you .i inferred that it would be a usb stick with the values they can get from 14nm..but it would not have to be such. I stand corrected. But I think it likely as a 'consumer product' at that speed and electric use. Also it is the 333 miners they talk about 1PH for that price. I mean really? They would have to be imho usb sticks even if you got 333 of them at that price. Still IMHO the price is PER miner. So a bulk order would be at 333 miners (sticks or whaever) approx at 231.00 usd $76,923.00 usd or so. The sSondoolies SP50 data hall commercial product they likely will get out in a month or so if not sooner (or at least to their data hall) is 110TH for prob about 40 to 50k imho. If these are usb sticks and my guess on the spondoolies sp50 110 TH unit is correct. Then we are looking at Winter 2016....so....anyway my view.... Just don't see it. Still see this as a USB stick gimmick to move a few and show off the flagship product 14nm chip to the masses in very small quanties. The will use this as you state (chips) big massive (at cost) (cheap elec in china) data hall.What they sell here (imho usb sticks) for that price per miner is simply to wave the corp flag. Then again I really, really want to be wrong on this. But I doubt it :( Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 20, 2015, 08:38:32 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I am hoping we see sales a lot different after it launches and they fill their data centers up. It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will be made internally with these chips (at cost) with cheap electric in china. I might be missing something obvious but where do they announce a USB stick? I see a big product they just want you to order a lot of them. 333 units = 1 PH sounds like a big miner not usb stick. But I could me misreading something. yeah point to you .i inferred that it would be a usb stick with the values they can get from 14nm..but it would not have to be such. I stand corrected. But I think it likely as a 'consumer product' at that speed and electric use. Also it is the 333 miners they talk about 1PH for that price. I mean really? They would have to be imho usb sticks even if you got 333 of them at that price. Still IMHO the price is PER miner. So a bulk order would be at 333 miners (sticks or whaever) approx at 231.00 usd $76,923.00 usd or so. The sSondoolies SP50 data hall commercial product they likely will get out in a month or so if not sooner (or at least to their data hall) is 110TH for prob about 40 to 50k imho. If these are usb sticks and my guess on the spondoolies sp50 110 TH unit is correct. Then we are looking at Winter 2016....so....anyway my view.... Just don't see it. Still see this as a USB stick gimmick to move a few and show off the flagship product 14nm chip to the masses in very small quanties. The will use this as you state (chips) big massive (at cost) (cheap elec in china) data hall.What they sell here (imho usb sticks) for that price per miner is simply to wave the corp flag. Then again I really, really want to be wrong on this. But I doubt it :( I don't see it being a stick math below: 1PH = 1000TH 1000TH / 333 Units = around 3 TH per unit. The best stick miner out there does around 16 GH (the compac). There is just not a way they fit 3T (like 300 GH less then 3 S5's) on a thumb drive. On price you could read it a few way's but i read 0.87 BTC per unit. So: 333 X .87 BTC = 289.71 BTC or around 76773.15 USD or 1 PH. Which sounds pretty reasonable. But again anyone feel free to check my work. Title: Re: Would i be better off waiting for the 16nm miners? Post by: carlosmnk on October 20, 2015, 08:41:49 AM It seems will be a war of new machines, the hashrate will be double in a while, the diff will rise and the earnings will drop deep into hell... Bitmain starts the war with new S7, and Spodoolies counter-atack with the SP50 release -but only bulk sales- and now BW launch this announcement, but more cheaper than others!!
Meanwhile, BITFURY is now the biggest pool with +-95 PH (quiet but running). I think the bitcoin hardware is just began a war, but this time between big farms and manufacturers, and with this, the difficulty will be double in some months (and there will be the halving in july). Bad news to home miners, i think... Title: Re: Would i be better off waiting for the 16nm miners? Post by: QuintLeo on October 20, 2015, 08:49:00 AM Also it is the 333 miners they talk about 1PH for that price. I mean really? They would have to be imho usb sticks even if you got 333 of them at that price. They appear to be talking about the same miner that's been getting discussed in the LKetc thread for a month and some now, in the 3TH "bottom end" version from that thread. Keep in mind that BW is some sort of partnership/corporate deal between BitCoinBank and Lketc. On the plus side, it appears this miner might have a realistic chance to achieve RoI before the halfing renders it unprofitable - IF you have cheap enough electric and if it gets delivered by early December. I still can't say that about the S7 unless you're in VERY VERY cheap electric areas. Title: Re: Would i be better off waiting for the 16nm miners? Post by: Searing on October 20, 2015, 08:50:01 AM Here you go 14nm usb chip for the masses..you pay thru the nose for it....but a cute toy (and the joys it looks like of a pre-order raffle) Info on BW company itself https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310 (https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310) on the supposed 14nm product https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227 (https://bitcoinmagazine.com/articles/bw-to-launch-nm-chip-and-miner-for-general-population-1445278227) from the above quote Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016. “The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.” According to BW, each 14nm chip in the miner will be able to attain anywhere from 34.6-63GH/s. The power consumption is 18W based on a voltage of 0.59V to 0.76V. end quote So the above says (assuming you could get one w/o bulk at the bulk price above) it would be as I type this $230.99 for a 34.6GH to 63.0GH USB Stick! Sheesh. I can get any number of ASIC miners NOW ..electric be damned for a better return then that! Never ROI indeed! But anyway another toy....but right now you could get 10 8gb usb stick Sidehack Gekko Miners (overclocked say to 10gh each) for 250 bucks would be 100gh NOW TODAY! ..so I sure as hell am not sure why the hell you would do the above on these BW sticks arriving in Winter 2016. The ROI is the same. A smile :) but toys be toys I guess. Sidehack sales thread here https://bitcointalk.org/index.php?topic=1126705.0 (https://bitcointalk.org/index.php?topic=1126705.0) I am hoping we see sales a lot different after it launches and they fill their data centers up. It is all gonna going to (or mostly) their data hall imho. The usb stick announce above is just to get the word out on their product. It is a gimmick. The big money will be made internally with these chips (at cost) with cheap electric in china. I might be missing something obvious but where do they announce a USB stick? I see a big product they just want you to order a lot of them. 333 units = 1 PH sounds like a big miner not usb stick. But I could me misreading something. yeah point to you .i inferred that it would be a usb stick with the values they can get from 14nm..but it would not have to be such. I stand corrected. But I think it likely as a 'consumer product' at that speed and electric use. Also it is the 333 miners they talk about 1PH for that price. I mean really? They would have to be imho usb sticks even if you got 333 of them at that price. Still IMHO the price is PER miner. So a bulk order would be at 333 miners (sticks or whaever) approx at 231.00 usd $76,923.00 usd or so. The sSondoolies SP50 data hall commercial product they likely will get out in a month or so if not sooner (or at least to their data hall) is 110TH for prob about 40 to 50k imho. If these are usb sticks and my guess on the spondoolies sp50 110 TH unit is correct. Then we are looking at Winter 2016....so....anyway my view.... Just don't see it. Still see this as a USB stick gimmick to move a few and show off the flagship product 14nm chip to the masses in very small quanties. The will use this as you state (chips) big massive (at cost) (cheap elec in china) data hall.What they sell here (imho usb sticks) for that price per miner is simply to wave the corp flag. Then again I really, really want to be wrong on this. But I doubt it :( I don't see it being a stick math below: 1PH = 1000TH 1000TH / 333 Units = around 3 TH per unit. The best stick miner out there does around 16 GH (the compac). There is just not a way they fit 3T (like 300 GH less then 3 S5's) on a thumb drive. On price you could read it a few way's but i read 0.87 BTC per unit. So: 333 X .87 BTC = 289.71 BTC or around 76773.15 USD or 1 PH. Which sounds pretty reasonable. But again anyone feel free to check my work. AH>>>>> you are correct...re-read the above article it says 30.6gh to 60gh 'per chip in the miner" so oops..... Well glad to be wrong (sorta) I mean the chaos this will cause :) (then again I"m out of btc home mining anyway at 13c kwh (winter rates usa I just saved 0.5c whoo hooo!) It seems will be a war of new machines, the hashrate will be double in a while, the diff will rise and the earnings will drop deep into hell... Bitmain starts the war with new S7, and Spodoolies counter-atack with the SP50 release -but only bulk sales- and now BW launch this announcement, but more cheaper than others!! Meanwhile, BITFURY is now the biggest pool with +-95 PH (quiet but running). I think the bitcoin hardware is just began a war, but this time between big farms and manufacturers, and with this, the difficulty will be double in some months (and there will be the halving in july). Bad news to home miners, i think... Well also most of these guys MINE to USD daily..(data halls)....they don't hoard much BTC...so this is gonna drive the price of BTC down if they really really go full warfare mode imho Then again I at one time drank the BFL kool aid in 2013...so wtf do I know. (When elephants come to the 'dance floor' and start to Polka the Dance is over for sure!) Title: Re: Would i be better off waiting for the 16nm miners? Post by: ngzhang on October 20, 2015, 04:08:55 PM ~
Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) Title: Re: Would i be better off waiting for the 16nm miners? Post by: toptek on October 20, 2015, 04:24:45 PM nice next year a 3 th miner for 241 USD or so hope so then bitmain will either lose out ,stop selling to the public or lower there price . :) . Sidehack can get some deals on chips etc if this even happens.
The halfing in 2016 won't be so bad it's not that bad with LTC . to me it won't be bad till we really can't mine much in coins and Miners only get fees, that's how many years away, i won''t be a live. Title: Re: Would i be better off waiting for the 16nm miners? Post by: carlosmnk on October 20, 2015, 05:54:51 PM ~ Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... Title: Re: Would i be better off waiting for the 16nm miners? Post by: notlist3d on October 20, 2015, 05:58:47 PM ~ Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... It's hard to say if bad or good. We really need to know release date for general public. And if they lower quantity from 333 units. We also need an idea of difficulty when miner is released. Just still a lot of unknowns. Title: Re: Would i be better off waiting for the 16nm miners? Post by: Amph on October 21, 2015, 06:50:46 AM ~ Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... it appear to be the same for me we have 3tera vs 4.8 tera, let's say 50% more and 800w vs 1200w, again 50% more the only real difference is that their price are 2.61 vs 7.7 and 7.7 isn't 50% more, so ironically this 14nm asic is not better because more efficent but because it cost less... Title: Re: Would i be better off waiting for the 16nm miners? Post by: carlosmnk on October 21, 2015, 07:27:47 AM ~ Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... it appear to be the same for me we have 3tera vs 4.8 tera, let's say 50% more and 800w vs 1200w, again 50% more the only real difference is that their price are 2.61 vs 7.7 and 7.7 isn't 50% more, so ironically this 14nm asic is not better because more efficent but because it cost less... let's wait for the final unit seller price, and the s7 at that time... Title: Re: Would i be better off waiting for the 16nm miners? Post by: RichBC on October 21, 2015, 07:32:19 AM ~ Compare to original Chinese verion of the news, it's 0.87B/T http://www.8btc.com/bw-14nm-chip (http://www.8btc.com/bw-14nm-chip) so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... It's hard to say if bad or good. We really need to know release date for general public. And if they lower quantity from 333 units. We also need an idea of difficulty when miner is released. Just still a lot of unknowns. They have announced that "This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet" Let's hope that the price is not too far from 2.16BTC however even at 3BTC It would still be 1/2 the price of an S7, which I think is a far more sensible price for a home miner. Rich Title: Re: Would i be better off waiting for the 16nm miners? Post by: carlosmnk on October 21, 2015, 09:50:12 AM And AVALON have launched their AVALON 6, you can see the specs here: https://bitcointalk.org/index.php?topic=1195199.msg12744471#msg12744471
And with this, we have a lot of new miners to choose... It's time to sell all "old" stuff? Title: Re: Would i be better off waiting for the 16nm miners? Post by: QuintLeo on October 21, 2015, 09:52:50 AM 3BTC and availability in early December would be good. Would put some serious price pressure on BitMain's S7 and the upcomming Avalon 6.
I KNEW I wanted to wait for around the end of the year before I jumped for a reason. 8-) |