Dell has great shipping quality for their items, and I've bought almost 20 items from them directly without any hitches. All of the items I ordered were packed well and tight, never heard of issues with their shipping at all. They always put more than enough packing material in their packages as well  |
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Care to speculate why Bitmain stopped selling S9 miners for a while (and even before was selling infrequently)?
1. They still mine with S7 and want difficulty to rise slowly.
2. They are filling their new gigantic center and don't want to share. Basically, this would made Bitmain a new KNC.
3. Their large clients are still on S7 and indicated that they don't want to update en masse yet.
4. Software or production quality it not up to the task yet. Anecdotally, S9 breaks more often than S7 were.
In my opinion, it is a combination of 2 and 4.
THIS. Bitmain have been making good money with their S9s and I wouldn't be surprised to see price rising once they come out with new chips and thus a new batch yet again. If they learn from their previous batches, maybe they'll do some improving on the miners themselves, maybe not. Most likely the S7s will be out of their centers and replaced with S9s- the most recent technology for a new center  |
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Thanks guys! Yeah I found it hard to believe that they were able to overclock them that high. And the fan issue isn't an issue if you have a server room with regulated temps. We keep ours veeeery low lol... I'm surprised something hasn't froze over in there yet. But it would be sweet to pay someone for knowledge on how to get a s7 over 10TH even if it glowed lol  Chances are the board would be dead at that kind of speed, but one can always hope. at this point, your best shot is really to just go with a standard, non-overclocked S9- won't require much hassle, and runs relatively well. I really doubt that the miners actually went to 10THS without some insane modding of capacitors and complete reworking of the board, not to mention cooling. |
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Another thing to keep in mind is that Amazon is full of resellers and that price will naturally be higher. Just a little tip when calculating returns, a mistake I see pretty often, even though this is just a little example. Buying direct can save you a few hundred dollars sometimes, especially with Bitmain and miners.
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No matter how you cut it, no for the casual home miner for straight btc. If new affordable miners come out everyone will get them, mines with insanely cheap electric will keep the home miner at bay. With that being said i mine but you arent going to make a killing anymore. It is fun and educational though.
Awesome info! Questions... What do you mine with? What would you suggest to someone that has "free electric" "free utilities" but not a ton of cash to spend? Also I have been hearing about the modded s7 s9 miners that can go above and beyond 10TH... Is this overclocking wasteful or is it basically the same as overclocking your gamer rig? Thanks for the good discussion.  Overclocking generally does not work well for current generation miners as they tend to get worse and worse efficiency as they get clocked higher, something you don't want. Instead more people opt for undervolt and underclock mods that increase efficiency at the cost of hashrate. Many miners are also not capable of being clocked higher with their fans as the S9 is already dissipating quite a lot of heat, as is the S7 and ln models. |
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Thanks for another week of this signature campaign, looks like there's just enough funds for three more weeks if none are added.
We've had some more funds coming in meanwhile, so we're pretty good covered for the rest of the year.
Payments for the last round have been sent ( 9374fcdf0169a3dd2b54e1c3e7b2344f8390172c292d9f46b112b127af256319). Sounds good. I can confirm that I have recieved payment. Looks like I had some posts that weren't accepted, I assume those were in technical support? |
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If you wanted to take a slight risk, you can always send a transaction with no fees; because of the fees and how they work, it's unlikely that the transaction will confirm. Of course there is always a chance that it could, but this is the easy way out. It will eventually be dropped from the mempool like most transactions like this. |
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Mass adoption would be the clear path to a better price. Price spikes happen all the time and die down due to no real demand from traders and users of bitcoin, but mass adoption will raise price as more people want bitcoin and trade USD and other currencies into it to get Bitcoin. HODLing will also be on the rise if something like this happens, decreasing free supply, and eventually raising price. Of course this is mainly based on opinion, but a more stable price increase is always welcomed more than a quick up and down spike.
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The main reason is to stop double spends, which can be executed far more easily than most people think. It's not done often, but it's a huge problem for bitcoin payment processors. Zero confirmation is done by a select few sites, but those sites always check inputs for confirmations, TX fee, and various things about the transaction. Although it's indeed a long wait for most people to wait for a transaction, it's nothing if you want security.
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So do you think that it might be better to build a GPU rig and mine other cryptocurrencies instead of buying a dedicated hardware for bitcoin mining ?
The GPU rig is better and more profitable but you might need to baby sit it from time to time. Bitcoin ASICs are just plug and play and you never have to worry about them. They also take up less space. Never? Pfft. ASICS can overheat and break just as easily as a GPU can break in most instances; miners these days are especially susceptible to such issues as build quality goes down. Both need to be checked on occasionally. A well-built GPU rig can take up less space than a ASIC and has a higher resale value. There are also ways to put two GPUS on one PCI lane, which is slightly difficult to do but is possible. |
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Below 1000 is very unlikely, I'd say the minimum that we'd be at is 1500 next year, without any significant driving factors that'll make the price go up. Of course small bumps will happen here and there that will make the price fluctuate as it always has, but Bitcoin is generally held by lots of people and we'll get to 2000 eventually, if not by late 2017 or early 2018.
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If you are making a list please sign me up for at least 2 of the Bitfury 2pacs and at least 1 pod
Haha same, count me in on a 2-chip or even three! Huge fan of small miners that don't use much electricity, I'll probably replace some of my USB rig with these once they come out. I would preorder if I could, but looks like Sidehack is too focused on a quality product and delivery I'll also be buying a few pods, not missing out on this after I missed the Compac sale! |
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So do you think that it might be better to build a GPU rig and mine other cryptocurrencies instead of buying a dedicated hardware for bitcoin mining ?
Yep. Plus, you can mine several different algorithms and switch coins more freely to get the most money out of a rig instead of being bound to one algorithm with thousands of miners on it. Check out the alt coin mining section if you're interested in this, the trick is to find a good LGA1150 or AM1-2 motherboard with lots of PCI lanes, and a cheap but reliable processor and RX-470 or 480 cards for best efficiency. As with ASICs, don't cheap out on a psu! |
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The S9 will get you relatively quick roi compared to people with higher electrical costs. It will still take time, so make sure that you handle the miners well and dust them every so often to make sure they're running at their best. Don't cheap out on a PSU, as a bad one can cost you several days of mining or even melt connectors and such. I would recommend GPU mining to most people these days, but if you so choose to, there is still small profit to be found in Bitcoin mining.
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I still need a good article written, pm me with your samples and lets work out a deal
Give me a few minutes and I'll send you a few samples of my work. It'll be pretty good. I don't request escrow as it's a pretty big hassle imo and I've only had one person scam me in the 50+ articles I've written. Just sent it, looking forward to do something with you. |
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Honestly it's time to just back the community. We need to do a groupbuy to speed up sidehack's development and dump all our funds into him. Do you think sidehack could offer comparable value? I bet he could, but it's much too early to see how much the miners will cost- higher efficiency is probably going to happen compared to the A721 though. There will be a nice, big sale for sidehack miners once they come out, though, no rush right now. if it's anything like the Gekko stick, sales will not be a problem. |
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How much equipmwnt do i need to.produce 1btc monthly? How much would it take, solo ando in a mining pool. Don't add electricity bills in my country we pay like 0,25$ monthly so there's no such thing as that affecting the profits if there's a way to get 1btc monthly.
Thanks in advance!!
To generate approximately Ƀ1,- a month you need two (maybe three) Antminders S9 As a pool I recommend AntPool, but you can look here to see the most profitable pool. For get 1 BTC a month with S9 is not easy, many S9 users complained. I hope we must wise to mining with S9, not give promise plans, because of the Bitmain also there is no guarantee how much the resulting with mining with S9. Yeah, the S9 has lots of problems with breaking and Bitmain doesn't have warranty on their units nowadays or a short one at most. You're taking a risk buying any miner right now if you have electricity even around 10 cents per kilowatt. For now I'd suggest you look at GPU mining, it's generally more profitable than BTC mining and GPUS can be resold for more than an ASIC. |
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might be a good idea to mine bitcoin or to buy some GPUs (whose price doesn't change so much during month) and start mining other cryptocurrencies ? that was my dillemma. Is there any other good producer except Antminer ?
https://canaan.io/shop/Canaan Creative. Their newest miner is AvalonMiner 721. You need AvalonMiner 721, controller (Raspberry Pi) and a power supply. Unless they've started accepting non-bank transfer methods of buying their miners, it's not really easy to purchase their miners. Plus, the efficiency of the A721 is just around that of an underclocked S7. I know some people like me support Avalon and other miner manufacturers, but it's not too ideal to buy one at this moment unless you want a nice starter rig and have nearly free electricity. |
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PSU brand? Is it a server PSU? If you offer free shipping to the US I might consider it, but I'm guessing you won't as it'll cost you a pretty penny.
It won't roi at all for anyone unless you have free electricity. Besides that, it'll barely make anything at all. I'm just looking to collect some old miners and maybe resell them for a bit.
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Hi, I'm new on this forum but I've followed Bitcoin for a couple of years and now I find myself in a particular situation and I wanna now your opinions since it's regarding mining Bitcoin. Well let's say that I'm living in an apartment in which I do not pay electricity bill, do you think it Would be profitable and a smart investment to buy Bitcoin Mining hardware and of course Start mining Bitcoin ? Under this circumstances which miner do you recommend me to buy ? Or is it a better idea to mine other cryptocurrencies that might be more profitable for a same price hardware ? Willing to know your opinion Absolutely not, especially if you live in a large city. Chances are your electrical cost is way way over 0.10$/kWh, and even if it wasn't you'd have problems with roi with an S9. Warming by using the miner during the winter can help electrical bills slightly, though. Eth and alt coin mining might work out for you, possibly, but that's just a maybe and we need to know your electrical costs. |
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