Wonder if Bitmain will ever drop the price on these after the halving
In and of itself, I wouldn't expect that the halving to change the pricing of any Bitmain product. The desirability of the S7 is declining as a result of the S9, and the halving. I expect that current $440 price on the S7 is getting close to production cost. It wouldn't surprise me if that sometime in the next 30 days Bitmain does some kind of "clearance price Sale" on the S7. While the desirability of most all mining gear will decline after the halving, an elevated BTC price tends to keep folks interested in buying gear from Bitmain. All kinds of things play into the price that Bitmain charges for the S9 (or the S9).
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If only halving dorm 25 to 12.5 make miners quit from mining What will happen if block reward already 0 and miner only get from transaction fee, is there will be no miners?
Price wouldn low, because only miners whoo will decide to sell i and ofcourse they will not sell it for low price
Just to be clear, the BTC "reward" per block won't fall to less than 1 BTC for about 16 YEARS. It's not clear to me if it gets to zero ever, it might just continue to shrink to near nothing, but NOT actually zero. I don't completely understand the really "way out" scenarios, but it will certainly become insignificant (or irrelevant) long before then. I'll be long dead by then, as I expect many folks on here will.
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Looks like Batch 5 of the S9 is done (i.e. Grey BUY button). Apparently the moniker of "Limited Edition" was accurate!
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While I expect most of us would like to see a run at $1000/coin, that doesn't seem likely at the moment. For whatever the reason, Coindesk is showing BTC at about $659. Looks like too much "resistance" at the $700 level for now. One the brighter side: Bitcoin Difficulty: 209,453,158,595 Estimated Next Difficulty: 214,455,139,579 (+2.39%) Adjust time: After 183 Blocks, About 1.2 days Hashrate(?): 1,565,965,686 GH/s Block Generation Time(?): 1 block: 9.6 minutes 3 blocks: 28.9 minutes 6 blocks: 57.8 minutes Updated: 14:0 (4.3 minutes ago) While my particular preference is for +2.75%, this is pretty good otherwise.
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....... Aw,feeling sorry for Bitfury?? Don't worry they'll give you first dibs on chips or miners for your loyalty I'm sure I think that quite unlikely. I am a nobody, and have zero skin in this game. I am just surprised at all the vitriol fired off in their direction for reasons that don't seem worth it. They claimed they would sell parts to miners "soon". It's obvious they won't, or more likely can't, make good on those claims. I think that hardly puts them in the same league with BFL, KNC, HashFast, Black Arrow and so forth. We should probably just let this thread die a natural death. Continuing to rant and rail about BitFury seems rather pointless at this time. Just my opinion, nothing more.
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I wouldn't be looking for a lower power, lower noise, two-blade S9 anytime soon. Bitmain seems to have no difficulty in selling all the S9's they can make at their current price, power, and noise. Why produce something cheaper while they are routinely "out of stock" on their premium product?
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So what does the "LN" stand for?
I assume it's for "Low Noise". Or perhaps "Last Nacho" (i.e. something related to the end of the S7 line).
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While it's quite possible that I missed something, when did BitFury take in money on miners and then not deliver them? Did anybody on this forum send money to BitFury for their 16nm ASIC development? While it's possible that they may have posted some of this to blunt the march of Bitmain's S9, that's about as nefarious as it seems to me.
While it's unfortunate that they produced the videos and posted here months ago, I think it's just as likely that they got screwed by the3 timing and TSMC fabrication problems as they did anything horrible to screw over the home mining folks in general.
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So has the "Mysterious 300PH" surfaced again? Just like would be written in a Prospectus for offering stock in a company:
A wide of outcomes are possible......
Bitcoin Difficulty: 209,453,158,595 Estimated Next Difficulty: 218,346,806,697 (+4.25%) Adjust time: After 556 Blocks, About 3.7 days Hashrate(?): 1,589,005,166 GH/s Block Generation Time(?): 1 block: 9.5 minutes 3 blocks: 28.6 minutes 6 blocks: 57.1 minutes Updated: 1:25 (6.5 minutes ago)
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I too think that the set of folks that will pay say $500 for a space heater that needs WiFi or and Ethernet to operate correctly to be quite limited. You might get a "Bitcoin Enthusiast" to purchase such a device, but that's about it. No rational consumer is going to pay a significant premium in price just to have their heater mine Bitcoins as a side effect.
This was all the rage last fall (i.e. October of 2015), and the closest thing we have to this is the Antminer R1. No Minining Light Bulbs, no Mining Heaters, no Mining Toasters or Refrigerators. I think the actual benefit all this was to help 21 Inc. to secure $119 million in Venture Capital.
You just have to drink the Koolaid and believe!!! (heavy dose of sarcasm here)
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I can confirm sidehack's observation regarding S7-LN availability. I started at the top, and was able to get down to the point of actually purchasing one. It still appears to be priced in USD and not BTC. Quoted price is $291 plus shipping. A much better deal than the A6 I bought earlier this year.
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Don't forget BitFury's "Mining Light Bulb"!!!!
There are a very few situations where the "waste" heat from the miner are usable. Everything else is a "Solution is search of a Problem".
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+2.7 = alh
Looks like BTC price is treading water in the range of about $630/coin. Going to be really difficult for it to hit $1000 by the halving (now about 10 days away) as some folks hoped.
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Obviously when somebody actually receives a Batch 4 S9, they could post what the default operating frequency is, and possibly the firmware identifying info (if it can be inspected).
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One small item to consider, though it's not very likely.
After changing your password, you might want to review various options with the S7 configuration. In particular where it is mining. At various times, usually in a hosted arrangement, somebody will find that their machine has been changed to mine on somebody else's behalf. While I think it's unlikely that your network has been "hacked" a password change would likely prevent any previous exploits from working.
Just something to consider.
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So, just to be clear:
Naysayers should not reply
The original posting didn't indicate you only wanted positive responses.
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Might this whole grand adventure be better suited to an Alt Coin sub-forum?
I see mention of a new protocol and infrastructure. None of that sounds particularly Bitcoin Mining centric to me.
As I suggested when OP first showed up, he might find a more receptive audience in another sub-forum. The title doesn't really seem very accurate to the overall scope and desires he has.
Just my $.02.
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Is there reason to have TWO threads, that are named the same, with different capitalizations for the words?
This doesn't make any sense to me.
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Are you aware that the Bitmain power supply requires at least 210VAC. That's more like what you have for an electric range, or an electric clothes dryer. You will not be able to plug this into a US standard 120VAC outlet and have it work.
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Hey all! hard life with 2jobs... 1k?! goes under 600, maybe even 500atm!
this is wonderful news a continued drop in price will knock out tons of gear come the ½ ing. I am hoping for 475.00 I just purchased some at 560 usd For me, BTC is going to have to fall much further before I'll convert actual dollars into BTC. Two months ago, if somebody had offered to sell me a BTC for $560 I would have laughed. I am hard pressed to see what is fundamentally different in terms of conditions that affect BTC price. Although I do have to admit that I have no idea what influences the price of BTC. I expect it's more likely geopolitical events that I have little insight into. All this mining and hardware stuff is interesting, but a cogent understanding of how BTC price actually is determined, and a way to accurately predict it, would be worth way more than a BitFury mining container. Just my $.01 (not even two cents) on the topic.
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