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I'm sure they are trying to milk every dime possible.
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If you only run 80 machines, I just cant see companies partnering with such a tiny commercial operation for anything.
80 machines won't draw any attention. I've enjoyed the pictures and updates, but buying s7's right now isn't a good idea. Unless they have phenomenally low power costs. Even with cheap power you are better off waiting for the s9. Edit.. At 9.8 per kw at current price and difficulty you won't make any money after halving in July. |
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slightly off topic.. whats the avg cost to upgrade from 125a to 200a box? my orig 1960's 125a is maxed out
my solar company quoted me $2800
is that avg price?
I bought a 300 amp box for 80.00. Fortunately my wiring was heavy duty and could handle the upgrade |
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At what voltage do your miners run?
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They've been on the Chinese site for a couple weeks. I wonder if anyone will buy them? With halving coming I don't see much profit.
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Way to go Omtest with another block. You are killing it, congratz.
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Any one knows of any plans in the future(if there will be any) to increase 21M limit? I mean I understand that we can't have infinite bitcoins
But since day by day bitcoin gains popularity, naturally more people get involve and buy and use it. even if 1% of planet population wants
To have 0.5B there will be not enough bitcoin in system. just wanted to know if increasing the total limitation is open for debate at all?
There will never be more than 21 million btc. We will see a day where a single btc is worth possibly millions and transactions will consist of fractions of 1. |
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Another block by 17jv. What a great addition to the pool, this miner has become.
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The answer seems quite simple to me. If you want to mine bitcoin your power costs are far to high. I also wouldn't buy any asic miner until the s9 or some other 16/14nm rig is released. Depending on the cost and efficiency. Do that and you will make money. But like they have said throughout this thread opinions are like assholes.
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Another Block by omtest!  He's on a roll, awesome! |
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The numbers you guys are showing and calculating are based on customers' needs
Price will be 7-10BTC - because profit for BTM from it will be 2-3 times higher
Come mid July after halving that won't be the case. |
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The numbers you guys are showing and calculating are based on customers' needs
Price will be 7-10BTC - because profit for BTM from it will be 2-3 times higher
I seriously do not get why people are expecting a brand new design top of the line miner for peanuts. Please how me one piece of hardware from a major asic manufacturer that did not have a premium on its price for the first few months of production. Also lowering its price on new units to 'hurt' bitfury? Uhhh....what? Only time will tell. I certainly am not expecting the price to be peanuts. But on the other hand at 10 btc I won't be a buyer. |
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I don't expect any significant shipment s for at least a month. If they ship it in a week, that only further depresses the value of the used S7's they are selling.
If some other manufacturer produces something real, that might change their timing.
It will be interesting to watch, kind of, but I am unlikely to buy one.
they could price it low for the first two batches just to put a hurt on bitfury. That would be a good idea. I'd buy as many as I could. Now that bitfury has no use for the average miner I now feel the same way about them. |
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so it is still speculation
we know 14th
we do not know
watts?
price?
when does it ship?
if it gets .095 watts and does 1350 watts 1 psu it would be a beast a killer a monster.
if it gets .15 watts a gh 2100 watts and needs 2 psu's meh!
price has real meaning for us. it is 3 s-7's
so 3btc would be too low
say 7 btc if it uses 1 psu and only 1350 watts
maybe 6 btc if it uses 2 psus and 2200 watts
roi on a 7 btc 14th unit is hard to do
if it were 4-5btc it is an easy choice.
You are correct that price and power consumption will have a giant impact. As far as when? My bet is any day now. But that's just more speculation  |
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14th and 10btc is unviable. 14th and 2.5-3 BTC-maybe OK, still would be slightly overpriced going forward. I really like the idea of 14th in one unit. I guess it ultimately boils down to price. Hope they are reasonable. Edit: I guess it's safe to assume this is no longer speculation. Edit 2: As far as speculation, I was referring to the existence of something solid from bitmain acknowledging the s9. |
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