I beleive the launch price will be between 1.3 - 1.8 BTC each consider the RK-Box is $649 US @ 450gh and just over 1w/gh
At stock, the miner will be 0.77w/gh, and undervolted it will be 0.58w/gh. So i think Bitmain will factor this, and of course average rise of BTC when calculating ROI pricing.
S2 is @ $1450 ...after the coupon...1TH... S3 ...Haft of 1TH...half price...= $725...the most...  EDIT...: About 1.2 -1.25 BTC...and I'll think about it... A comparison to S2 is irrelevant imho, as S3 comes without a PS or full enclosure. Actually the smaller hash rate/size is a good decision, as it will be easier to ship, easier to make a 'buy decision' and will come below the customs/VAT/GST threshold in some cases (or at least will make it less painful). Another consideration is that if you intend to mine and then sell the h/w, it is a lot easier to sell something like S1 or S3 on eBay than a >=1TH 'beast'. Cheers Bingo. It is cheaper to ship. It ships safely without breaking. 2 units = 1 th so if one breaks you still have .5 th These are better space heaters with the .8 watt per ghash they will run into the fall and winter still paying for the power with btc hashed and heat homes. Just think your cold home has 9 rooms put these in every room and boom you have a 400 watt space heater. runs quietly puts out about 2000 btus of heat that pay you. Note to bitmaintech I want to thank you for using my idea of running a contest to design a space heater from an s-1. I never got the contest off the ground in now looks like I have to award you the prize since your design of this s-3 would be the perfect space heater for a home. Thank god for you guys. I will find my thread on the contest and link it to this space. |
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i just received 2 R-Box's today... i'm planning to use a 6 Pin (GPU) converter... is this ok? i didn't bother to purchase a 12V/5A power adaptor since i have an extra Super Flower 450W 80+ Au certified PSU. the power converter is the same on the pic below... your feedback is much appreciated... thanks...  I use a pcie to dc plug works great. just make sure the dc plug is 2.5mm pin not 2.1 mm pin 2.5 fits 2.1 does not fit |
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I am getting concerned about multipool being on this pool in this environment.
As a pass through of other miners, multipool could be 90% block withholders and we would never know. And they make an ideal cut out. Who am I to sue if it turn out they are collecting rewards that are rightfully mine?
I am all for bitminter growing, but I don't like the sudden appearance of 20% of the pool from a group that doesn't deliver a block solution for weeks.
Let's have a serious discussion about the merits of allowing pass through accounts. What is the up side of having them on bitminter? And how long do we allow them to collect 17% of all rewards while their history has them contributing a statistically unlikely amount themselves?
While not blaming them and not saying they are innocent. A smaller pool like bitminter in the 1200 th size can be damaged pretty heavy by a group of this size 250th. Here is the rub we (meaning the doctor ) says they are bad and bans them. They form 25-30 8th to 10 th accounts under the radar of block making since 8th needs months to make a block. And bitminter has shit luck for 2 months. what is the defense for this? one a miner can belong to 5 or six pools or 10 pools since the 'BL' cannon here may be a 250th canon it can attack just one pool our size not 4 or 5 pools. What can bitminter do. Against multipool which is a big group it is easy to see he could ban them. I rather he does not I rather he builds the solo mining connection have asked and begged for. I rather anyone that want to use that connection can use it. And here is your kicker anyone in the top 100 miners is auto switched to the solo pool if his luck has gone to shit. This works to lessen the power of a BL canon. |
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@ phillipma I think my ambient temps are around 74 degrees Farenheit. My miners are near a door that stay open 99% of the time with a fan on them. The RBox miners closer to the fan run a tad cooler and yes, my temps raise up during the day. Avg temp is about 37-39 but placement of the miners is key as my #7 RBox miner is directly above an S1 and runs warmer than the rest of the bunch.
I was really impressed that my side mounted turn dropped from 47-50 to 37-41.. Cost zip also a little better with watts 240 > 237 and a little better gh 192 > 195 |
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My temp info is below. zero cost to side mount see photos. hash rate moved from 192 to 195 watts 240 to 237 ,but watts seem to bounce with these. REALLY good temp drops with side mount dropped my temps more then 4 or 5 c……… with fans up 47 to 50 c on 6 pieces in a 29c/83.5 home with fans sideways 37 to 40 c in the same room here is a photo of side mounts  temps with side mount  this mounting pattern was 47 to 50 c  |
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At a diff increase of 18%, $.15kwh, 500gh, 400watt the S3 mines less than 1 BTC before it operates in the RED, if it starts mining today.
The problem with that assumption is that we are nearing roads end in terms of efficiency, exponential growth can only be sustained by better efficiency or increase in BTC price. There wont be something out that is for example 0,1W/GH this year that could keep fueling growth and make other hardware obsolete. yep and of course many people simply don't understand fiat price rules for all , but those that have completely free power cost. Ie no power company wants or accepts btc to pay the bill. so to stick blindly to btc roi and completely ignore fiat roi is a sure way to make yourself a loser. S-1s burning 400 watts at 25 cents a kwatt would make fiat roi if btc goes to 1000 usd. Those that say but if you purchased btc and held you would have made more don't understand the game at all . Had this argument so many times. Sad but actually good for me. |
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I'm not trolling, I think BitMain are in the top tier of ASIC manufacturers. But I'm surprised they are releasing a 1/2 THs miner this late in the mining race. Are Spondoolies the only company who understand density? Even KNC is shipping a 5 box Neptune (6 boxes with controller). A person is going to need 10 S3s to see any significant BTC income.
This small box trend confuses me. And by the way, network hashrate is about to explode. KNC is shipping, BitMain and the ASICMiner clones are shipping soon. Even BFL should be shipping in 2 weeks®.
and the home miner should die. density is not what you think . the network is better off with 30,000 of these in the hand of 10,000 small guys. then 3,000 spoons in the hands of 10 big out fits. I can get 800 watts of power at 3.5 cents a k-watt in a certain location these are perfect for me 1 th will run. right now I am running .42 th in this spot |
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Excited to wait till the supply exceeds demand... at this rate shouldn't be too far away. KNC at 20nm, and multiple other companies at 28nm.
Smart man cause by the fall asic gear will be a dime a dozen so to speak. I want to see what happens to btc prices along with ltc prices. |
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I will buy 1 at 1 BTC. Evaluate if it's as solid as the S1 then if its as good or better then I hope there are S3 coupons waiting for me in my Bitmain account to buy more  zero chance they will be 1btc in 3 days. More like 2btc. bet. only a crazy person buys one at 2 btc. an s-1 was as low as .33 btc after coupon so 2.5 the hash and the same power usd means ii is worth 2.5 x .33 = .825 btc I figure 1btc is over pricing it just a bit. Since 2.5 x .4 gets you 1 btc. A 600 usd price kills the AM rk-box a 1200 usd price for the s-3 makes the rk-box a steal The real issue was the s-2 was a stone cold act of overpricing gear. Or should I say "A sucker is born every minute" P.T. Barnum IIRC And I purchased better then any shit corsairs 500 600 watt gear for my ants. I have all 750 watt and up gear. |
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guys, in your calculation i'm not seeing any reference of a customs fee, that in this case is a pain in the ass for a decent ROI. At least let's check that bitmain is declaring low values (like the amazing 120 USD computer gaming gateway  ) no customs to the usa for this item. |
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I'm still failing to see the benefit to the attacker? Other than them making money on bad equipment that wouldn't otherwise make any money. Even if the solved blocks aren't being counted, they are still paying for the power. Also, I think everyone is jumping off of Ghash because they almost hit the fabled 51% mark and no one wants to have hashing power that consolidated. See article below. http://www.pcworld.com/article/2364000/bitcoin-price-dips-as-backers-fear-mining-monopoly.html The issued has occurred twice according BTCGuild and Eligus pools. At first I can understand the attacker's motives would be he did not understand why he could not get blocks via solo mining so he leached onto big pools to get coins. Not wanting to take a 2 or 3 million usd loss. He got caught twice by both pools. Now I am not making this up or at least those 2 pools have accused a big miner of the problem. So a lets be nice and say his gear/software is finally fixed and he just mines for coins and no longer mines with shit gear/bad software. No worries for all of us if that is the case. But just remember it was done and can be done again. I am fine with the fact that some big miner has a big cannon he can point at my pool and blast my pool with bad luck. Do you know why I am fine with that. I don't run or own a pool. So I can skip around I can be in six pools and I can protect myself in a lot of ways. Since the bad luck cannon can't hit every pool at every time. I only need put 20% of my hash in 5 pools and at worse I get some damage in one pool. True and real pool owners are the ones at risk since their pool can get shot at and they don't get to jump around or spread the risk of the attack. So good luck to them and I hope then can protect their interests. Find good detection methods of a clever attack like this if indeed it happens to them. |
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roi at 1 btc price 15% diff power at .15 cents a k-watt
16% ROI after 194 days with all the risk of being wrong on diff is NOT something to get thrilled about. no other gear shows roi in 100 days. this roi's in 100 days. then sell it on ebay or another site your sale proceeds are your profit. If it cost 600 usd in 100 days you sell at 300 usd you get 250 usd after fees your profit is good you turned 600 usd into 850 usd in 100 days. not greedy buy for 600 usd now sell on this site for 225 usd in 100 days after shipping your profit is 200 so you turned 600 into 800 in 100 days. no gear shows this profit margin as I type other then the s-3 There is a very large risk your assumptions about diff % are incorrect. There nothing is better then this right now. Bitmaintech will not give this away. but .9 btc would be really nice. I would buy at 1btc I would prefer .8 btc----- no shot IMO I am thinking they sell it in the .95-1.05 btc area. remember they also say there will be kits for s-1's |
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Is there anyone smart enough to make prediction about network in PH by let say december?
yes it will be higher then todays PH. An exact number is available for a fee of 100 btc (just kidding) An exact number is just a guess. |
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roi at 1 btc price 15% diff power at .15 cents a k-watt
16% ROI after 194 days with all the risk of being wrong on diff is NOT something to get thrilled about. no other gear shows roi in 100 days. this roi's in 100 days. then sell it on ebay or another site your sale proceeds are your profit. If it cost 600 usd in 100 days you sell at 300 usd you get 250 usd after fees your profit is good you turned 600 usd into 850 usd in 100 days. not greedy buy for 600 usd now sell on this site for 225 usd in 100 days after shipping your profit is 200 so you turned 600 into 800 in 100 days. no gear shows this profit margin as I type other then the s-3 |
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Take my money already.
When Bitmain opens sales it will be sold out in 24h
Bitmain has cash to mint those ASIC chips like post stamps.
Bitmain will trash the difficulty with prooven ability to ship out 30000 miners
~Huhu difficulty will explode.
Shipping most cost effectively manufactured miner will be best business plan.
No need for dodgy powersupplys or beaglebones that corrupt SD cards.
This miner is killer by design.
Make it cheap. Sell it cheap. Ship out.
It would be nicely priced if it was 1 btc shipped. Sell like mad and pretty much bury all competition . I get roi at 1 btc since I have the psu's in hand . I have a gigabyte switch . I have a laptop setup with router at .1. not .0. If I have a good one shipped to me it would be mining in under 15 minutes. roi at 1 btc price 15% diff power at .15 cents a k-watt  |
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When you enroll, it takes you to the Payment Collect page, right? Just submit that one blank and you're good to go.
Yes, this is correct, that is how I got double submitted on accident... Not to worry you are not alone I count 8 or 9 of us. LOL Note I am not count my posts here so I am not padding post count. |
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@philipma, don't forget to factor the Pi that's separate.
You still need a Pi for each of the RK-Boxes and a beefier PSU as well.
With the S3's power draw at 390W, you can get cheaper PSU's for each, or fit more S3's onto a large PSU.
Can't say the same for the Rk-box which could possibly be more than the hypothetical 480W stated.
Also, if you want the most hash possible, you know you'll be able to overclock the S3 if it's anything like the S1 (which it looks like by all accounts and specs). So probably closer to 550 GH/s perhaps.
So let's say 5 TH/s for arguments sake for the 9 S-3's you gave in your example.
That blows the Rk-Box out of the water and out of the atmosphere at the same time.
yeah psu's mean nothing for me ( as i have more then 5 idle plat psu's) but do mean a lot for others. over-under clocking is a big factor. noise level a big factor. the pi factor is costly and the corruption of sd cards. lastly if these s-3's work like s-1's with the simple plug in of an ethernet cord and reset after a blackout they will be a killer. |
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This is a prime example why pre orders suck. No one has a crystal ball, I prefer to live in the now not the future.
yeah it was why I did not buy a sp30 or an sp10 also large btc amounts create flags for tax purposes. I will get a few of these. I did a long cost analysis on another thread. the s-3 is better then the rk-box at a 100 usd price difference . but if the rk-box is 200 less in price it is better then the s-3. All based on a 4.5th setup math is easier at a 200 dollar price difference per unit: and 20 cents a kwatt it takes 208 days to make up the power savings. 6.24 usd difference in power in a 4.5th setup at a 200 dollar price difference per unit: and 15 cents a kwatt it take 277 days to make up the power savings. 4.68 usd differnece in power in a 4.5th setup at a 200 dollars price difference per unit : and 10 cents a kwatt it takes 416 days to make up the power savings. 3.12 usd difference in power in a 4.5th setup So the s-3 needs to be about 0-50 usd more the the rk-box to truly kill it. If it is around 50 -100 more it is better If it is 100 to 200 more the rk-box is not dead. |
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The point system will be done within the week . We will make an email anouncementOn another note:
We have a weird thread start about us that has absolutely no substantiated evidence
https://bitcointalk.org/index.php?topic=636015.new#new
There is a user asking people to commit fraud by doing chargebacks and keeping the items. BTW everything that is described on the thread was never substantiated and most are lies.
So my question is. Who would be so low to spread FUD like this? Waiting for this new point system to come as I am looking to spend some more on another gridseed blade. I am up to 58,000 plus points which means over 5,800usd spent with you. You have been a good reseller of gridseeds. |
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For Asicminer Gen 3/Rockminer perilously close, yup. If Antminer S3 is priced at 1 BTC per unit, their 20% of the network hash rate could easily jump to 30% almost overnight with the group buys and retail sales these things will generate. The S3 will sell like friggin hotcakes, no doubt, cornering the home/mid range miner and probably replace those Antminer S1 farms you see out in the wild. I agree the RK-BOX is obsolete even before it is released. If Bitmain opens sales on Friday or Saturday the S3 will fly off the shelves. Asicminers only hope is that the S3 goes out of stock quickly. Well it will need a big price drop to compete. 480/450 = 1.07 watts a hash 390/500 = .78 watts a hash but if the s-3 sells at 700 usd and the rk-box sells at 500usd it will take a while for the power savings to make the s-3 the better gear. some quick math . s-3 9 x 500gh = 4500gh at 700 a pop 9 x 700 = 6300 watts 9 x 390 = 3510 watts rk-box 10 x 450 gh = 4500gh at 500 a pop 10 x 500 = 5000 watts 10 x 480 = 4800 watts the case above hash is equal the rk=bx has a 1300 usd price advantage the s-3 has a 1300 watt advantage 1300 watts = 1.3 k watts x 24 hours = 31 k watts a day at 20 cents that is 6.20 usd a day so it takes 200 days for the s-3 to be better if power is 20 cents a k-watt. at 15 cents that is 4.68 usd a day so it take 277 days for the s-3 to be better if power is 15 cents a k-watt. at 10 cents that is 3.10 usd a day so it take 400 days for the s-3 to be better if power is 10 cents a k-watt so if the rk-box is 500 usd and the s-3 is 700 usd you are better off with the rk-box.right now I have seen the rk-box at 599 from minersource and not seen a price for the s-3 . Frankly the s-3 appears better but pricing will determine what to buy. Of course if the rk box is crazy loud or either one works shitty that will be a factor. so I see that pricing is very important here. |
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