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42441  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 11, 2014, 12:47:31 AM
OK.  Then hope they send it soon hehe but I think I don't have that edit button since I placed the order xD

I had it for more then a week.  but I buy a lot from them with 0 issues.   So maybe a new buyer does not get one for a few orders.

As an edit could lead to fraud, if your account was hacked and the order was put to a new address.
42442  Bitcoin / Mining speculation / Re: Bitcoin difficulty may actually go down in ~7 days! on: July 11, 2014, 12:45:11 AM
Meh and the S3 batch 1 sold out quickly.  Oh well, too late to jump on now.  I'm sure if I order 10 now I'll get mine delivered just in time to witness a large difficulty spike when they arrive  Sad

Hmm wonder how much that will impact the difficulty in the end
Lot of stuff coming online as usual but at least it was a brief slowdown  Wink
.
Theres not that much left in the pipeline that I know of... the sp30s and the S3s. Am I missing anything

Even if black arrow has tons of chips they are not efficient.  So they are not much to worry about.
42443  Other / CPU/GPU Bitcoin mining hardware / Re: minimum hardware specs for mining on: July 10, 2014, 11:21:29 PM


Can you please suggest me which hardware specs I must have if I were to mine bitcoins?
IF there is an existing thread can you redirect me to it please.




I will tell you what go to


http://bitsolo.net


 mine there with 1 usb stick  and have some fun.

http://www.ebay.com/itm/Bitmain-Antminer-U2-1-6-2-0-GH-s-USB-Miner-USA-Shipper-Units-In-Hand-FREE-SHIP-/251583882232?pt=US_Virtual_Currency&hash=item3a939163f8
If you hit its 25 BTC in your wallet Wink


I run 9 usb sticks there for shits and giggles.

 i run 1th  and have 1th on order running at btcguild.

plus 55mh mining ltc
42444  Other / CPU/GPU Bitcoin mining hardware / Re: minimum hardware specs for mining on: July 10, 2014, 11:18:04 PM


Can you please suggest me which hardware specs I must have if I were to mine bitcoins?
IF there is an existing thread can you redirect me to it please.




I will tell you what go to


http://bitsolo.net


 mine there with 1 usb stick  and have some fun.

http://www.ebay.com/itm/Bitmain-Antminer-U2-1-6-2-0-GH-s-USB-Miner-USA-Shipper-Units-In-Hand-FREE-SHIP-/251583882232?pt=US_Virtual_Currency&hash=item3a939163f8


or buy this


https://asicpuppy.com/magentoPuppy/index.php/rockminer-r-box-32-37gh-s-40-50-watt-miner.html


and mine it here

https://bitminter.com/
42445  Bitcoin / Pools / Re: I want a Gambling Pool on: July 10, 2014, 10:46:03 PM
great idea.  pool ops won't do it.  I could show the math and rant and rave why every miner should so some solo mining.  this pool is just that some solo mining.

I could say that
btcguild
bitminter
slush
eligus

should all offer a server link with this or something like this.

100% share
75%   share
50%   share
25%   share
0%     share

I could also say wemineltc should do it.  but they won't.  pools don't want to offer this for lots of reasons.

I won't go into the why of it.  But they wont offer it.

 I mine 15 gh here
http://bitsolo.net/my-account/

I mine 1 th here

www.btcguild.com

42446  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 10, 2014, 10:37:26 PM
I belong to ups choice so I get notice of all ups shipments. so far no notice.
42447  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 10, 2014, 10:22:37 PM
If the "edit" hyperlink no longer exists next to your order usually that means they'll ship within a day...
Best to contact them via email...

yes my edit left yesterday.

i dont see that edit hyperlink. where is that? next to my order or if i click order and enter more details i dont see it


I will post photo give me 1 minute it was under the top view that is in highlights

42448  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 10, 2014, 10:07:24 PM
If the "edit" hyperlink no longer exists next to your order usually that means they'll ship within a day...
Best to contact them via email...

yes my edit left yesterday.
42449  Bitcoin / Mining speculation / Re: Antminer S2 1TH/s vs. Gridseed 1.1TH/s A1 on: July 10, 2014, 10:00:06 PM
00 watts>>>
other reasons to get the s-2  a direct upgrade to an s-4 may occur very soon.

Frankly I would not want either one .

 I want a few s-3's  4 to 8 of them.  I have 2 on order right now.  i will wait for them to arrive and get setup then order more.

What does that mean? Firmware update?

Frankly I would not want either one .

 I want a few s-3's  4 to 8 of them.  I have 2 on order right now.  i will wait for them to arrive and get setup then order more.

Whats your advantage of the s3, is it because you don't wnat/know how to pull your own power and make an outlet?


I could list about 10 reasons for s-3's over s-4'

1) I have 7 psu's
2) s-3's cost less
3) s-3's will downvolt + downclock run quietly
4) s-3's will ship easier due to lower weight
5) an s-3 cost .725 btc this is under 450 usd.  I run a business btc sales under 600 usd involve less paper work
6) I have a spot in an office that will allow for 2 s'3 at 400gh 480-550 watts price for power 2.24 cents a k-watt
7) Im my home I can place them in 5 different rooms when the weather is cold reducing my heating bill by a few hundred usd each month.
Cool no rasp pi needed means no card corruption
9) no rasp pi means auto booting after power failure is fixed
10) no rasp pi means auto booting after net failure is fixed
11) smaller units are easier to sell in 3 -5 months

My home was rewired during 1998 to 2001.

I did every circuit in 10 gauge wire .  I went from 20 circuits to 40 circuits  from 100 amp to 200 amp.

My home was built during the Vietnam war copper shortage. 1970  it was all aluminum wiring except the ac 220 line.

I replaced it all with copper.  I was into music ht subs  and ran many power circuits extra. My garage has 5x  20 amp circuits did it for a speaker building setup a lot of power tools etc.  I had no idea that doing all this would pay off 10 year later as I can run 6k in asics.

 I can run lots of gear and have run 23 gpus using 11 pc's in 2012  .. 6000 watts hot hot hot  earned 1 coin a day.
42450  Bitcoin / Pools / Re: [1450 TH] BitMinter.com [1% PPLNS,Pays TxFees +MergedMining,Stratum,GBT,vardiff] on: July 10, 2014, 09:44:00 PM
The s1 eats £50 of leccy a month, & only produces about £85 of Bitcoin a month.

These big blocks could kill s1 miners, as they reduce that £85.

It's something you'll need to allow for in how work is allocated across the Bitminter pool. Those of us with units with better GH to w ratios will last longer, but the s1's will feel it more and more.

Downclock them so you got a better ratio per GH ? Like 1 Kw per GH ? Search for pencil mod, you can run an S1 at 140 GH for 180 Watt if i can remember correctly.

Yup, gonna run some trials now to see if I can improve performance. I'll post results.

I only have the one s1, but if we can save our miners it's worth it.

Ok, the lowest I could get it running at was 130 GH. That ate about 310w. The ratio always seems to be 0.42 GH/w. Where as the newer miners roll in at closer to 1 GH/w.

So you can dial them back, but your profit will stay crap. Not the best of news.

check this thread => https://bitcointalk.org/index.php?topic=526060.0

"With this voltage my 3 antminer s1 are hashing at 140 GH/s each for 500 watts (166 watts per ant)"

I got my 3 down to 434 watts at the wall with a RM750 PS at 140 GH/s as well.


Yup, that did it.  I now pull about 200w for 140 GH/s, which is near enough for me.

Good news for our s1 crowd as well, as a ratio of 0.7 GH/w is not bad.  Just glad I only have the 1 s1.  My Coindesk unit is 700GH for 720w, and that's useful Smiley


good I am glad you have a better power number now.   BTW a q-tip with 90% alcohol rubbed across the  8 POWERED DOWN resistors.

Will clean off the pencil and set you back to the higher volts.

I just sold my 3  after I set them back to full power.  The buyer had free power and wanted the higher speeds.

https://bitcointalk.org/index.php?topic=675598.msg7716943#msg7716943   here they are back to full speed. less then 20 minutes time




[/quote]
42451  Bitcoin / Mining speculation / Re: Antminer S3 - Profit is Impossible on: July 10, 2014, 09:13:37 PM
What if the coin goes DOWN?

Can you profit buying the coin (shorting BTC is very difficult from what I understand) if the exchange rate drops?  A miner can.

Purchase miner for 0.75BTC.  Mine 0.375BTC.  BTC goes down to say $100.  You have 0.375BTC worth $37.50.
Don't purchase miner, keep the .75BTC.  BTC goes down to say $100.  You have 0.75BTC worth $75.00.

No matter what happens with the exchange rate of BTC or whether it goes up or down, 0.75BTC is always more than 0.375.  
At this point I simply refuse to believe that anyone can be this obtuse or ignorant.  You must be trolling.  

I thin it's YOU who is trolling...

BTC @ $600(USD) I Buy 1 coin
BTC @ $600(USD) I buy mining equipment for 1 coin

BTC @ $550(USD) My one coin is worth $550
BTC @ $550(USD) My mined amount can go OVER $550 because I can mine 1+BTC with it.

Are you so obtuse or ignorant that you cannot understand something this simple?

So you're finding the magical miner that makes more BTC than it's initial outlay.  Not one BFL device did that.  Not one Cointerra.  Not one Hashfast.  Not one Black Arrow.  None of the Avalon B3s.

THe first 2 Avalons, the first KNC Jups, and the first S1s did this.

Dragon, Rockminer, SP30s won't.

Good luck.

you are assuming quite a bit saying a dragon will not do roi in btc.  it could.   you have no idea of power cost for someone.  put in 1th with 0 power cost  it will get a lot of coins.
also there is a power wall for asics.  and it will be reached when it is reached growth will slow to a crawl.

if power wall is .2 watts diff will max near 600g   since no one could earn money  even with 8 cents a watt.

and if the power wall is .35 watts diff maxes near 400g at 8 cents

so at a diff of 600g and free power the dragon keeps earning money.

So free power people with smaller rigs will never disappear.

 I made roi with s-1's purchased in may

3 for 1.15 btc     how did i do it.  power at an 84 % discount.  14 cents a kwatt  cost me   under 2.5 cents.   So I will never be fully pushed out of mining due to my power discount.

Well you're obviously the exception to the rule. Maybe the OP was overstating it by saying it's "impossible". But the sentiment is still true for 99% of us.

yeah spot mining at home with a power discount will work.

 figure ways that the heat works for you not against you.

 make deals with people that have access to low power costs.   >>>>  big upside if you find them.. 

I have the one spot 14 cent power is discounted 84% down to 2.24 cents.

  I must not run more then 800 watts.
  I  must make the gear quiet.
 There are places that  s-3's will pay to run.
 I know of 2 developments near my home in Howell NJ that use electric power to heat their home. 

 Old school  baseboard heat  heating bills are 300 a month in small 4 room homes.
 I am attempting to have s-3's mining in one or two of these homes.  This could make nice money for me and the home owner's that I recruit.
42452  Bitcoin / Mining speculation / Re: Antminer S2 1TH/s vs. Gridseed 1.1TH/s A1 on: July 10, 2014, 08:57:29 PM
you need to understand.  that power has a lot to do with mining


the s-2 can be run on a single 15 amp circuit with power to spare.  in fact if you pull one of the 10 blades and run 9 blades it is very reliable .

  also realize 400 usd coupons are still around.

the gridseed sucks hard on power.

1300 watts for 1.1th

 more like 1350 watts for 1050gh.

you do not have the ability to pull a blade and drop 10%  since it has 5 blades.

so one unit can do 900gh at 900 watts>>> with over head and a spare blade.

the other  1050 gh at 1350 watts

other reasons to get the s-2  a direct upgrade to an s-4 may occur very soon.

Frankly I would not want either one .

 I want a few s-3's  4 to 8 of them.  I have 2 on order right now.  i will wait for them to arrive and get setup then order more.
42453  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 10, 2014, 03:30:59 PM
This is why the upgrade packages are not yet available.
When/If S3 sales slow down, Then you may see the upgrades.
They will fill the gap for a few weeks until Bitmain's next market coup.

if its available in the end of july...
then bitmain will be making a big cash out of it
but, we (the s3 buyer) will be the one who'll making sour faces
while the upgrade price will likely under 0.4BTC  Cheesy

I sold my 3 s-1's for .2btc each the buyer paid for shipping.   an s-1 to s-3 upgrade will be .5 to .6 btc not .4 .  but i am guessing.


back to shipping of batch 1.   has anyone had a shipping update. it is 11:30pm in china the 10th of July.

 I have to think shipping has started. I placed my batch 1 order in the first hour. so Maybe my gear is on its way.  one can dream.
42454  Bitcoin / Mining speculation / Re: Bitcoin difficulty may actually go down in ~7 days! on: July 10, 2014, 02:22:23 PM

        https://bitcoinwisdom.com/bitcoin/difficulty        btcwise says  =   17,691
            http://bitcoincharts.com/                              bitcoin charts =   17,140
                                                                             Total             =    34,831 / 2 =   17,415.5   which is  3.55 percent



So with 371 blocks left still under 5 percent.

What this does for me is help my  bottom line on my dragon miner purchased on april 20.

It is getting close to btc roi.  It has done usd roi due to price rise in btc. 
42455  Bitcoin / Mining speculation / Re: is it profitable to start mining today?? on: July 10, 2014, 02:13:33 PM
its been last 5 days watching over this bitcoin thing and i have some extra cash so i just wanted a suggestion that if i start mining today by buying the hardware would i be in much profit or its just a decent profit??
and i dont have hell of cash its just my pocket money which i would be investing.
so finally is it profitable for a beginner to start mining today?
and i see the difficulty rate increasing like anything day by day..
if yes plez just suggest some hardware which is ecnomic and will pay back in few months.

No miner pays off in a few months.

Exceptions  are:

 your power is really cheap and or free.

You run a business  that uses electrical power to dehydrate food.

You use electrical kilns to dry lumber.

You buy today and coins go up like mad.-------------mining in this case makes usd / fiat profit.  not btc profit.     say 1 coin at 620 usd   or .5 coin at 2000 usd.  buying and hold a coin may do better but faces different tax law then mining for a coin.

Oh I don't think you could use miners for food dessication.  The mines emit too many VOCs and they're not certified food handling equipment, so at least in the US it would be a no no to do it for sale.  Could you dry your own beef jerky at home, yeah, but just don't sell any food because the fines are insane.

you would need to use the hot air from the miners to heat a coil. then use a fan to blow on the coil.

  thus the air used to cool the miners never touches the food.  I have penciled a few designs that use this approved rack


http://www.lemproducts.com/product/stainless-steel-dehydrator/jerky-food-dehydrators

this is an 800 watt rack .

 if you do no use the heating element   and use 3 s-3's the key would be to transfer the heat and not the air. I have a few ideas on how to do it.

This is an invention waiting for this industry  here is an item that burns 800 watts of power for heat.

Combine the s-3 with this and make a safe dehydrator.
42456  Bitcoin / Hardware / Re: ANTMINER S3 Discussion and Support Thread. on: July 10, 2014, 01:54:30 PM
Does the S3 have wifi?



no it does not.  you need a work around.    they are quite a few ways to work around it.     A switch like this

http://www.newegg.com/Product/Product.aspx?Item=N82E16833156251&cm_re=trendnet_teg-s80g-_-33-156-251-_-Product


and this item


http://www.newegg.com/Product/Product.aspx?Item=N82E16833109056


this will allow up to 7 s-3's

I happen to have the switch and  cables for it .  I do not have the tp-link

My listing for the switch is here

https://bitcointalk.org/index.php?topic=683435.msg7751340#msg7751340

I charge the same and toss in free cables.  my switch is new and sealed

42457  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: July 10, 2014, 12:53:13 PM
they have no need to sell an s-4.

3 s-3's do the job.

they would be better off selling s-2 up grade kits then selling s-4's

Now I am making a lot of assumptions.  most of them being they no longer have a lot of cases +backplanes + contollers + psu's left over from the s-2's.

if they do have a lot of them they still may prefer selling upgrade kits.  to s-2 owners.  before they sell an s-4.

my big interest is s-3 undervolt underclock options.


 can I get an s-3 to run at 400gh and 240 watts? with fans set at 1500 rpm   = real value for me.
1.6TH/s at 960W?  Yes please.  Running 4 S3s on a single EVGA 1300... now that would be nice.

yeah if this is possible .  I would do 2 sets…. I have the psu's .

 running 3.2th at 1920 watts  should last into march of 2015 and still pay for the power cost.
42458  Bitcoin / Mining speculation / Re: is it profitable to start mining today?? on: July 10, 2014, 03:38:38 AM
its been last 5 days watching over this bitcoin thing and i have some extra cash so i just wanted a suggestion that if i start mining today by buying the hardware would i be in much profit or its just a decent profit??
and i dont have hell of cash its just my pocket money which i would be investing.
so finally is it profitable for a beginner to start mining today?
and i see the difficulty rate increasing like anything day by day..
if yes plez just suggest some hardware which is ecnomic and will pay back in few months.

No miner pays off in a few months.

Exceptions  are:

 your power is really cheap and or free.

You run a business  that uses electrical power to dehydrate food.

You use electrical kilns to dry lumber.

You buy today and coins go up like mad.-------------mining in this case makes usd / fiat profit.  not btc profit.     say 1 coin at 620 usd   or .5 coin at 2000 usd.  buying and hold a coin may do better but faces different tax law then mining for a coin.
42459  Bitcoin / Group buys / Re: [Closed]R17x: Black Arrow Prospero X-3 <DZMC Exclusive> $130 / 40GHS on: July 10, 2014, 03:32:09 AM
I am holding me shares. But I really like to know when we start hashing? Next week? end of the month?
I think they said ship by end of month, so assume start of August!


yeah I will just sit on the 5 shares as i am not sending in more money.

  I have a lot gear in house.  maybe I get 300gh for 5 shares I don't know what they are giving.  and maybe coins go to the moon.  but  This looks poor right now.
42460  Bitcoin / Mining speculation / Re: Antminer S3 - Profit is Impossible on: July 09, 2014, 09:16:30 PM
What if the coin goes DOWN?

Can you profit buying the coin (shorting BTC is very difficult from what I understand) if the exchange rate drops?  A miner can.

Purchase miner for 0.75BTC.  Mine 0.375BTC.  BTC goes down to say $100.  You have 0.375BTC worth $37.50.
Don't purchase miner, keep the .75BTC.  BTC goes down to say $100.  You have 0.75BTC worth $75.00.

No matter what happens with the exchange rate of BTC or whether it goes up or down, 0.75BTC is always more than 0.375.  
At this point I simply refuse to believe that anyone can be this obtuse or ignorant.  You must be trolling.  

I thin it's YOU who is trolling...

BTC @ $600(USD) I Buy 1 coin
BTC @ $600(USD) I buy mining equipment for 1 coin

BTC @ $550(USD) My one coin is worth $550
BTC @ $550(USD) My mined amount can go OVER $550 because I can mine 1+BTC with it.

Are you so obtuse or ignorant that you cannot understand something this simple?

So you're finding the magical miner that makes more BTC than it's initial outlay.  Not one BFL device did that.  Not one Cointerra.  Not one Hashfast.  Not one Black Arrow.  None of the Avalon B3s.

THe first 2 Avalons, the first KNC Jups, and the first S1s did this.

Dragon, Rockminer, SP30s won't.

Good luck.

you are assuming quite a bit saying a dragon will not do roi in btc.  it could.   you have no idea of power cost for someone.  put in 1th with 0 power cost  it will get a lot of coins.
also there is a power wall for asics.  and it will be reached when it is reached growth will slow to a crawl.

if power wall is .2 watts diff will max near 600g   since no one could earn money  even with 8 cents a watt.

and if the power wall is .35 watts diff maxes near 400g at 8 cents

so at a diff of 600g and free power the dragon keeps earning money.

So free power people with smaller rigs will never disappear.

 I made roi with s-1's purchased in may

3 for 1.15 btc     how did i do it.  power at an 84 % discount.  14 cents a kwatt  cost me   under 2.5 cents.   So I will never be fully pushed out of mining due to my power discount.
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