Yes, BTC would have to drop to under 2000$ though. Not impossible, but it seem improbable to me, now.

Could you explain why you're posting this on the market board? I do not see the importance of this post, but if you feel it is relevant, maybe post it in Meta board, which is discussion about event on and about this forum itself.

Yeah its one of those good luck getting one, also good look getting it on time and finally good luck and not get any sort of defects.

It goes up every 2016 blocks, so 2 weeks more or less, more often less because hashrate go up. If you'd like more input, ask more questions.

Also that is a crap miner sold at a ridiculous price. I can't imagine it being worth more than its weight in scrap. You should be able to buy a S3 for that price. But no its not a problem per se, except reaching minimum payout from pools. Or a minuscule chance of finding a block solo.

It depends a bit on how much data the pool is making you upload, and other minor factor, but a hundred devices would probably still be in low mid 2 digits kbps. If that become a problem, you can use a local proxy, but it's in most case, not a problem. The bottleneck is usually active connections handled by consumer grade routers. For example i have one device atm using an average of 0.4kbps with U/D combined.

If you have money for a massive farm, you can probably afford a 70$ router using custom firmware or a used industrial grade one.

I already told you the formula, if it doesnt make sense you may want to do some more textbook research on the terms used, until what we told you click;

You can't know what the difficulty will be, but you can expect it will go up.
No it will never, and never(until the BTC mining phase is over anyways but you dont have to worry about that for 100 years or so) will "go back down to go back to X" and normalize or whatever. To go back that much, like you asked, about 33% of the network would have to be taken down. Why in the world would you hope or expect 33% of all machines to be turned off by people profiting from them?

You asking this repeatedly seem to show that you do not understand what I and others have told you so far. Pay attention;

In general the difficulty will keep going up as long as its profitable to do so. More profit, more people get in, everyone get less BTC because everyone share the same pie. Simple, logical, make sense right?

Why does everyone make less? The BTC reward is fixed per block until halving every 4 years ish. More people mining = more people sharing the same reward limit.

So if the network double in hashrate, the reward is effectively halved, because it will take twice as much time to find a block. It's simple mechanics to grasp, easy to build a model on. But the prediction of actual values is hard to grasp and impossible to foresee with accuracy, just assume 10% growth average constant, forever, if you want an idea.

Again. Is it very profitable? Yes = Everybody and their grandma, just like you, want said profit, they jump in on the wagon. Consequence, more people share the same reward = less BTC for everyone.

Regardless, be careful because your approach seem to forget the most important factor; actual value of BTC (fiat/purchase power). It is more important than difficulty. I shouldnt have to explain that one.

Indeed, its not relevant, but what i said refer to very low chance of seeing any of the hardware at the expected date, hence vapor, for now. Moving on, difficulty jump;

It happens every 2016 blocks, target 1 block per ten minutes average and is based on effective network hashrate, 15% per day is inaccurate and impossible it would mean the whole world's mining operation tripled in 8 days.

So for explanation sake, if the whole world was using only and exactly 100 000 Antminer S9, and you online 10 000 more immediately after new diff change, and they remained at 110 000 S9's you would have a 10% ish difficulty increase over a bit under 2 weeks. Now scale that up to current massiveness of the whole network and that's how it works, but with many more actors.

So if you want to guesstimate growth, look at the past and forcast future deployments as best as you can.

You're covered pretty much like ebay, just make sure to contest if the seller is trying to weasel you in any way before the timer expires. From China a lot of packages are late, simply ask to extend until you receive the package and contest if they try to weasel you.

I believe that they only get the money when you confirm good received or the timer expires.

Probably, but i'd go for cheaper/mining boards, like the TB85 for like 60$ on LGA 1150. They're a strait upgrade from H81 etc pro btc boards.

You shouldnt plug gpus directly into the motherboard, go 100% usb risers.

Beside your mining hardware speculation on currently vaporware your difficulty estimation fairly reflect how it is. Yes diff go up, reward go down, thats how it is.

I'd love to see some fine Japanese engineered ASICs, their standards are much higher. I'll wait and see, with a healthy dose of skepticism and refrain from any hype.


Did you even read the long post you unnecessarily quoted in full? Its a company announcing (or optimistically stipulating) that they will/want to make this, next year.

Yeah looks quite scam. 3 months old domain, hidden origin, but listed as Canadian website. Its mirroring stuff from bitcoinware.net, which is not a scam, but the guy running it... doesn't provide a good service. Considering the 50-100% minimum markup on the listed products, you'd think he'd hire staff if he find his job is too hard to do. Please ignore the following;

rant;
I've had multiple problems with him, last one is buying ASICs and not getting any sort of reply or feedbacks when asking why the devices due for 6 weeks before hadnt even been shipped, or he didnt have 2 minutes to update his website to let people know the batch was delayed due for whenever x new date. You can check his website now he still has pre order for November batches.............. >.>

In the end i told him i did a charge back and hoped he would have enough complaint registered to open a fraud investigation and lo and behold near immediate response and full refund. Sorry dude if you're reading this, but as a customer, your service is worse than cheap Chinese websites. When you're worse than Bitmain, it ought to send you a wake up call or something. Anyways.

/rant

I heard you ^_^"

I have never (successfully) been scammed here, you can see scammers coming miles away, in hordes, and even if they dont look it, escrow is gold.

We'll see for prices, i also saw bid wars on S9 PREORDER for Jan batch going to 5k USD. WTF.

I seem to see a few china suppliers that would sell to me, but i'm thinking of staying away from Bitmain ASICs. I would buy it from a shop that guarantee the service for the 3 months, because i've only had bad personal experiences with them in that regard, and the forum is overflowing with Bitmain Warranty horror stories.

Personally i may be more inclined to buy ASICs for other algos but that's a discussion for another board.

Which mean i can't buy it.

Thanks, i saw there was no stock of Avalon anywhere there.

I ask because i haven't really been paying attention to ASICs sellers for a year an a half, i grown my farm enough to re-include ASICs and sourcing units seem difficult at the moment. Worse case scenario i will use alibaba..

But if you know any sellers in Canada or USA that sells/ships to Canada, i'd like to hear what you have to say, just don't say Bitcoinware.net.

NOPE. I'm well versed in the art of mining out of an apartment, S7 are loud as fuck. Imagine taping an air dryer to each ears. Other than that...

The best way to do it is to buy a good bang for buck 30A/40A PDU(60-100$ shipped), and change it's plug to fit the outlet you have, adapters and adding length, i would not recommend.
Rewiring is easy, if you insist on using an adapter, make sure its short and rated for more than you will use, more than the usual 80%. From the PDU, i had C19, so i plugged a strip bar that has a bunch of C13's.

Bump

Easy, just make a box and do a hot aisle cool aisle by having the ASIC push its own air directly outside. I did that with Falcons, Antminers S4 and S5 back then. I didn't even need to use a box fan to do exhaust.