Bitcoin Forum

Hello Everybody,

i would like to know 2 things,

1. What is your general opinion about or expierience with the Antmier s3+?

2. How can i convert the power of 433-500 GH's in how many bitcoins this power is able to pruduce per hour
running?


Zhx
 

Greetings entity!
U seem to have just recently arrived at planet bitcoin  :D

Please feel free to roam around this precious forum, source of great wisdom, and read a few things here and there before posting unnecessary threads.
Im sure you will find the information you need.

Anyways, welcome!!

https://bitcointalk.org/index.php?topic=671189.0

Assuming you want about a Bitcoin per hour, I think that sounds good to me. Lets do the math.

1200 TH will get you about 25 per day so a little more than 1 per hour. You only need to buy 2,649 S3's ASIC mining units from Bitmaintech.com.

No problem I am sure the bank will fork over the $781,455.00 you will need to make it all work. The power company will supply you with all the needed power for those units, about 8370 amps not to mention the cooling and building you will need to supply. Don't forget you need a power supply for each unit, or double up with bigger ones. Cost? About $166,877.00.

Nice salary if you can get it, about $12,890 per DAY!!!

Hey good luck newbie! Maybe you should do some reading first!!!  ;D ;D ;D ;D

Hi everybody,

thanks for fast reaction, so

@rhj12345

let me put the questionen different.

How many bitcoins in a decimal  do i get when i let the Antminer machine run for an hour?

Or let me put it in a basic question what is the formula for my purpose?



@tupsu

What about the qulity of the Antminer-Hardware? Your link don't get me some critical opinion bacause it's
a official release statement of the manufacturer!


Thx

You would earn around 0.00039809166BTC per hour at current difficulty. Use a calculator such as
https://alloscomp.com/bitcoin/calculator

Bitmain hardware is of good quality and you don't have to worry about it falling apart unless you smash it on purpose.

Ok thanks,


1.) and what about security, so nobody can hack my wallet

or
 
2.) even worse when my
hardware brakes or my software getting problems, then i lose my money.
Al least read about people losing their mined bitcoins after problems with their hardware.



 

1) Mining hardware is not directly related to the security of your wallet. In order to protect your coins, you need to encrypt (password protect) your wallet directly from the bitcoin-qt program. Your S3+ mines does work for the pool of your choice, and the pool sends your address the earnings. Your S3 and your wallet don't directly communicate with each other.

2) Every time the difficulty increases, your S3 will earn a little bit less. If your S3 breaks completely, and you can't mine, then hopefully you bought form a manufacturer with a good warranty.

2b) If you're talking about the hardware (PC) that your wallet is on, then yes, it is possible for the HD to crash, and you lose your coins. To prevent this, always have a backup of your (encrypted) wallet.dat file on a USB drive, other computer, or heck even a CD/DVD.

I'd like to piggyback off this thread also to ask a newbie question: What is the difference between the S3 and S3+?

The S3+ is what the S3 was supposed to be.  In the beginning, BITMAIN, the company that manufacturs the S3 had a product called the S1.  The S1 used a number of their 55nm ASIC chips.  The S3, then, is the successor to the S1 that uses their new 28nm chips.  Originally the S3 was supposed to be a little under 500GH, around 480GH IIRC.  After their first manufacturing run they observed some issues with the HW that limited the speed at which the machines run to 440GH.  Once they cleared out of the faulty HW (S3) that they had manufactured, they re-released it as the S3+ which has allegedly addressed the design issues in the S3.  The S3+ now hashes at the original expect rate of 480-500GH.

Actually, the original specs for the S3 were 504GH/s at 390W.  That was later reduced to 478GH/s at 366W.  Bitmain then further reduced the specs to 440GH/s at 340W citing poor quality DC/DC converters.

The S3+ is now being released with 453GH/s at 355W.  Bitmain also claims these units will be far more capable of overclocking to 504GH/s, matching the original specs of the S3.

The U1, U2, S1 and S2 all used Bitmain's BM1380 chip on a 55nm fab.  The S3 uses the BM1382 chip on a 28nm fab.

Yup, that's right. Maybe we'll see some awesome Antminer U3s coming out, using 2 BM1382 chips.

I stand corrected, thanks JBravo.

I bought some of the S3+'s so I'm interested in them for sure. They haven't shipped yet so no experience. I do have the regular antminer S3's and as long as you update the firmware to get rid of the beeping problem they're awesome.

500 Gh's should make about $6-7 a day... maybe less when they ship.  Bitmain has a good history though of issuing refunds and good discounts when things don't go the way they advertise.