This doesn't say who the resaler is at all and makes it sound less confirmed. The official re-seller no doubt will be ehash. That is CANAAN CREATIVE's official online store (Avalon's official store). So that one most likely will be cheapest to buy unless they team up with someone else. iTOPshop.net get credit for releasing specs once again. I'm starting to be surprised companies send to them specs as they seem to be first one wanting to release specs, which is great for us but companies I'm not sure wanted them released. I just wish we knew the price. When ITOP released the S5+ specs, it took very little time before we saw the official announcement, then pricing. So good odds they'll come out of the wood with a price tag soon... I would agree it looks like "soon". That miner looks like a production miner not prototype. As it really has finish to it, and looks pretty much done. So I'm hoping price "soon" but guess we will see. I like ITOP more and more each time they do the first to post thing. |
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We can say mining is a kind off dead now as now most of the btc dont want to invest money on. Asiic miners and waste money on bills... So slowly slowly miners are packing up from mining
Individual distributed miners yes. The conglomerates are continuing to amass given the 50% growth we've seen over the past couple of months. I'm earning just fine, the key is just having cheap electricity, under 0.04$/kWh really make it a completely different games for home miners. Of course the biggest growth will be in data centers, but also home miners that decide to man up and get into this new thing called "Bitcoin" when they realize they could make bank because they pay 0.02-0.04$/kWh. if they culd porvide a cheap cloud , more cheap that hashnest, many miners could actually join the network, but with the maintanance fee their result is above 0.05, it's like you pay 0.1 because if it were 0.05 the roi would be 6 months I'm hoping having brings some of the hosting centers down a little. Not sure if they will but I will keep hoping on it. Not sure what will happen at having really. Will be interesting. They could provide for cloud, but i don't really get it. I'd rather just mine it myself, if i have that much cheap electricity, having to deal with customers, questions, configuration, shipping out miners, egh, sound like a pain. I'd just grab all the S3's i could and sometimes S5's and enjoy the high turnover and short ROI. The way cloud mining is setup, it sound like they just make their ToS into a miner trap. Like Bitmain's 50$ per unit handling of the unit + shipping, tend to make people leave their units there and no claim them. Look at the prices of S3. I would rather mine with hardware as I enjoy playing with it myself. But if someone would hit my magic number .05 cents I might send them some miners to host for me (assuming it is well known data center). But it would take me a that number and no vat. And I would try it slowly. Not jump in all at once there. As testing out is big. |
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This doesn't say who the resaler is at all and makes it sound less confirmed. The official re-seller no doubt will be ehash. That is CANAAN CREATIVE's official online store (Avalon's official store). So that one most likely will be cheapest to buy unless they team up with someone else. iTOPshop.net get credit for releasing specs once again. I'm starting to be surprised companies send to them specs as they seem to be first one wanting to release specs, which is great for us but companies I'm not sure wanted them released. I just wish we knew the price. |
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Great news is bitcoin is over 273. So we have hit 270 again, guess we will see if we are able to hold. I'm not sure we seem to have been going up and down around it.
But maybe we finnaly got rid of a lot of the sell at 270 auto sales. I'm hoping for slow rise again. And difficulty is still surprising no S7 wave. If it does not happen within next period or so I will not know what to think.
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It would be far cheaper to host with us than build a solar facility.
what is your rate? the usual 0.05? i would advice solar only if you want to start small, and so with a small solar panel setup, which will cost more, then you expand everytime that you break even but i would not go big with because it require an additional big investment on top of the miners I could be wrong but I think in the group buy they offered like .07 if that coop group could bring a lot of machines. I don't think it was to the .05 mark. But I could be wrong on that. Solar just is unrealistic for mining as most use so many watt's. Unless you only run a small machine or two the cost of panels is surprisingly high, add batteries to it and you are in a long term investment of solar. |
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You apparently didn't read all of my post.
I didn't say I have SEEN S5s at $200.
I said I would not bother buying one for more than $200.
This is based on what I figure an S5 will be able to generate in profits between now and halfing, when the S5 and all of the same-gen machines (SP20 and Avalon 4.1 specifically included) probably will become unprofitable at almost any electric rate other than free, plus a small allowance for needed power supply (which can be reused, so only allocating a few dollars there) and a desire to actually profit from having the machine at all.
I do NOT count on "resale value" as that is already dropping with the price pressure from newer and much more efficient machines, and will probably tank VERY hard shortly before the halfing.
This year has been very ATYPICAL for used machine resales due to the very long period of almost flat difficulty increases, it's not something to count on.
I did not mean any offense by it. I was hoping you had seen them for it. But 200 you will not find any 4.1's for. If they were that I would be adding to my collection. If you look at ebay for example I think you will be surprised at value they still hold even today. They just bring a good amount more then 200. The price you gave was just unrealistic compared to sales. Just curious what machines do you own out of the ones you mention here? |
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I dident think that you can make them untraceable.
Depends on your definition. You can always track bitcoin with blockchain. But you don't know who owns a address that does not get used, or linked online to someone. If you believe mixers there is no logs and you can not know after being mixed. I'm a bit of a skeptic. |
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*Edited as long quote
2700CFM at 0.33HP, my sun server does more air then that and at 110dBa :>
since my little hub got 30A at 5V directly from the PSU..
They actually say 1062 CFM in video. It could be wrong though it seemed a little dated on video. It is a interesting designed fan's. All I use are more traditional round ones. I am impressed with your hub. I would love to see how high a stick goes on that. |
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Actually, the S7 is not critical at all since it has probably none of the parts I want - or at best, very few - for this project.
The parts that come off an S1 or S2 I might prioritize higher when I've exhausted my own stock. I don't have any S2 boards to part out (all mine are museum) but I have enough S1 boards to provide caps for 50 pods. I'll burn through those, but 30x S2 boards would run power for over 100 pods. However, an S5 board provides about 5 times the value in parts I'm short on compared to an S2 board (when component cost is considered). The design has changed a bit such that the S1 and S2 now have more valuable parts than I had originally assumed so they will be prioritized a bit higher.
However. Only trading pods for the hardware required to make more pods is not sustainable.
Only about half the cost of the pod is recycle parts, so for every pod that goes out in trade for hardware I have spent a decent number of dollars which did not come back. Additionally I spent a lot of time pulling, cleaning and readying parts for assembly on something new. I know a lot of people will be paying money for pods, but a lot of other people will not. If I don't keep a practical ratio on things, I'll end up with a whole lot of parts I can't use and a lot of PCBs I'll get ten cents a pound for and will have basically paid a lot of people to take my miners. Unfortunately, I can't trade old PCBs for sandwiches at a very favorable rate, nor can I pay the rent with them.
You can't just send me parts and assume I'll send a miner back. I will not send a pod to anyone, no matter how many boards he ships to my door, without having agreed upon the terms of the transaction first. The agreement will be based on the availability of parts I already have and how much I value the parts being provided at that moment, which means that at different times different boards will have different values because I'll need them more or less than at other times. If I find that I have enough boards already on hand to build every pod I feel like putting together ever again, I'll stop taking trades entirely and only sell for money (or other things which I find interesting or worthwhile, surprise me).
How about a combination thereof? You need parts, but you also need money. PCB's don't make for very good snacks, that much is understandable. For instance i could offer a combination of one dead S5 board + some Working S1 boards + some money, if i was to get several miners back, i could get a significant upgrade over the S1's i'm running now and you'd be making miners out of the parts i gave you(in equivalence) + some from you + you'd also have money to cover your time. I think the big thing is he will not know what parts he needs unless he pre-orders or something. If he sells 50 it sounds like he has a lot of parts. If he sells 150 then likely he will need a lot more boards. I think board trading in on older boards will be based on if needed. I could see him making S5 open ended since chips. But other I think it just will very on production. |
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I think the first guy we had come in thought i was he wanted 1600 to put in a new box that's what it cost in this state with permits to up the service and put in a new box . i knew what hes was up to, so i played along till he left and went looking . were the type people if you come in our hosue and it's time for a meal, you have join us etc we won't take no for a answer. so what if we are paying you to have work done .
but in this state the going rate for a new box is 700 to 1k, i could have got it done for 700 or less if I put in for bids at one of the sites but i hate doing that but to up the service in this state, it starts around 1300 and can go up to 2500 tops with permits, depending what you need how bad off you are etc .
Yeah...me I gave up after 4 bids and all came back within 200 bucks of 2500 bucks ..2500 was the low bid like 2541 or some such......it is the town/state rules etc..imho and 1928 old house...residential neighborhood etc...The thing that really pissed me off was the install was a snap. In the previous year I had the Xcel folk out to move the electrical line to the house because I took down a deck and re-sided. They did so for free without issue (I was surprised). I asked the guy doing such if the line to the house could handle 200 amp he said no problem with Xcel on that. So the install was (2) standard length's of 2" conduit (vs 1 1/2" now) ...1 elbow joint...and that's it ...I have a new 32 slot panel...no outside cut off box needed on outside either because would go directly in the panel because directly underneath the line/conduit etc..man there is paying thru the nose then there is feeling you are ripped off! Well anyway the new panel was enough (had put it in previous to btc mining) and got by on 2 titans 24/7 w/o house wide a/c and gas heat without issue...So best I did not do that anyway now that home mining is dead...so whew! The other train of thought is if you 'ask' for 200 amp on your house and have 100 amp they probably figure you 'have to' upgrade to 200 amp ...cause your are blowing breakers and need the extra juice for you nice 'family' dwelling...so they can make this 2500 usd the premier price (ie you are stuck needing/wanting a newer 200amp service..gotcha!) To be honest if they see any of the miners or power usage I think some raise the price of bid's. I know one that gave be a horrible bid on a 240 line after seeing my mining hardware. And honestly he did not really want the job which was odd, it's a long story for full version. |
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We can say mining is a kind off dead now as now most of the btc dont want to invest money on. Asiic miners and waste money on bills... So slowly slowly miners are packing up from mining
Individual distributed miners yes. The conglomerates are continuing to amass given the 50% growth we've seen over the past couple of months. I'm earning just fine, the key is just having cheap electricity, under 0.04$/kWh really make it a completely different games for home miners. Of course the biggest growth will be in data centers, but also home miners that decide to man up and get into this new thing called "Bitcoin" when they realize they could make bank because they pay 0.02-0.04$/kWh. if they culd porvide a cheap cloud , more cheap that hashnest, many miners could actually join the network, but with the maintanance fee their result is above 0.05, it's like you pay 0.1 because if it were 0.05 the roi would be 6 months I'm hoping having brings some of the hosting centers down a little. Not sure if they will but I will keep hoping on it. Not sure what will happen at having really. Will be interesting. |
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A lot will depend on price & delivery date, but particularly for those of us with $0.15 electricity, I think it's a bit late in the Day for a J/GH of 0.3
Rich
I would agree price will be key. I'm interested to see what it costs. They did do what looks like a production model, and not early prototype. So that is a little positive news as that could mean sooner. Warranty? Is it 90 days (I think) like the S7 etc...not thrilled with this 90 day stuff even thou I'm 99% never gonna mine a miner again (less then 50 buck usb toys or some such don't count) but big ass miners for the home are 'done' at my 13c kwh rate .Indeed! Below from E-hash: Q： What warranties does Avalon miner carry? A：Avalon miner carries a 90 days warranty which begins from the very first day your order arrives. We promise to replace them with new miners but mining earnings will not be compensated. Situations below will invalidate your Avalon miner warranty: The miner is disassembled manually or takes any man-made damages, such as breaking off, crack, chipping, component missing, etc Damaged by lightning stroke, or unstable voltage surge; Circuit board was burned out or any chips burn-out; Damage caused by water inflow or water soak; Expired warranty period. With invalid warranty, we can still provide you with non-free maintenance service. I cant say as far as RMA but they were very nice when I needed help with a RPI image. For some reason my controller saw no miner, it was beyond me. They had a guru log on and he was able to upload a new firmware I believe to image and it worked. Very nice and easy to work with as far as that. |
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I want to take from +6.01% to + 6.25% just before hitting 1000th block. TBH I dont want it to raise , but no choices left again  And thanks again for your generousity (philipma and suchmoon) Or my original thoughts of a wave of S7's would make you close.... but it's not looking good. Which is good for us miners. I just can't figure out how many S7's are being sold. I thought a lot more would be I guess then I think happened. And to be honest I'm not sure I want to buy one right now with BTC rising. Getting 30 + more per coin puts those who did not buy at 230 pricing ahead. |
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A lot will depend on price & delivery date, but particularly for those of us with $0.15 electricity, I think it's a bit late in the Day for a J/GH of 0.3
Rich
I would agree price will be key. I'm interested to see what it costs. They did do what looks like a production model, and not early prototype. So that is a little positive news as that could mean sooner. |
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Cloudmining was never profitable. I have some small investments in different sites for almost two years now but never did i make money. High maintenance fees and mining difficulty eats up your payouts plus almost all cloudmining sites turned to scam later on. Just hold on to your coins There have been some. I always have been in hardware myself as I enjoy mining and playing with them so much. The funnest mining possibly was "cloud". There was a small period of time CPU mining through VPS's was profitable. It was fast and did not last long as I remember. But that was the funnest "cloud" mining I did ever. The other is more about holding and knowing proper time to sell GHz. Some do it great some do not. Mining in no way is guarantee ROI in any kind of mining. |
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I'm not overly worried about making ROI as I have a cheap rig and free electricity atm. I'm loving the learning experience.
Welcome to the forum. Wish it didn't take you losing your job to get you here! But if you have "free" power somehow you are pretty set on mining. That eliminates a lot of the cost to say the least. I am not that lucky myself. |
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I use blockchain.info and coinbase as i have very slow internet connection. No problems so far.. When i have the budget i'll go for Trezor.
you should'nt use trezor if you have slow interenet connection, you can use paper wallet, low cost and you can save anywhere I'll take note of that. Thanks I haven't used paper wallet before guess i'll do some research first. it's very easy you can read this tutorial https://blockchain.info/id/wallet/paper-tutorialor look this video https://www.youtube.com/watch?v=JsyPfiENwQUbitaddress.org Yes, this is possibly the best route to take, especially for safety precautions... Not to mention that Android has the App for it, where you can view coins coming in and out from your "paper" wallets without logging on with your private keys.You make a good point. Also programs for computer like cryptoglance you can monitor rigs, and BTC address's without having access to those BTC address's. I personally only use small hot wallet on phone, and monitor others. Some would call me paranoid but I don't like my smartphone to have access to lots of BTC. |
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what about the A2 chip they only mine Script and seem to be about the same power use but only do Script Ming if you shop around you can get a 110 A2 at 28 nm chips for like 500 $ but shipping kills that deal unless you can find one with free shipping or close to you . they are big and heavy like the Zeus miners or G blacks and just as much noise but they can be controlled a lot better for less noise.
KNC cost to much we know why they are so high . I won't start with them .
The great difference is the eficience; Sfards is 4,33j/mhs, KNC is 3,80j/mhs and A2 is 10j/mhs, just a very BIG difference. The first two are for long time, the last have less choices at long term. And it must be in price. A2 was king for a LONG time. Longer then I ever thought to be honest. I sold my A2 long ago thinking of new gear. But I was wrong on timeline. I hope to see a miner come on market for scrypt at a fair price. And if you do find that custom one please post pics. I just have not seen a custom data center of scrypt. I did the same with my A2, should have hung onto that one... If we only would have known. I thought L1's were going to take over the market... and then they pulled out. I had no idea A2's would have lasted this long. It is crazy considering the amount of value they were losing daily at one point. Then no new miners I could have gotten a few months for sure out of that machine. But a ROI is a ROI i guess. |
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Kind of an aside because I already voted for the 2 boards +25 deal.
But in the spirit of voting often, and because I have 3 fully functional S2's (a whopping 30 boards, sorry no BKWhoppers),
I want to suggest an evensteven trade deal. Boards for Pods. No cash or coin.
You'd have to come up with numbers and mix e.g 2 S2 boards plus 1 S1 board missing no more than 2 capacitors, would get get you one pod.
Or six S2 boards, and 4 S1 to S3 upgrade boards would get you 4 pods. You get the point.
I don't have or expect to have any S5's or S7's and I wouldn't be put off if those who did got a little better deal as these appear to be more critical to the operation.
I hope you consider this and I hope you recognize that once you release any 'close to final' payment schedule the UPS man is going to be all over you and you'd be smart to find some extra carts and dolly's.
If they were S5 I don't think trading would be a problem. Unless a bunch of parts on it seems like S2's are a lot of old chips. So I don't think they will hold a even trade on S2's. But I could always be wrong. |
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...
What's the absolute max you'd pay for an SP20 nowadays?
I sold a few days ago, my last SP20 for 1.65BTC+ shipping costs to Portugal. Dats like a lotta' money though... :/ Also to you guys who were talking about wiring the unit up... My Photon 1200 did come with 2 8 pin to single 6+2, as well as the more typical 8 to double 6+2... Suppose I grabbed a couple more of these for the other PSU's (CX750m) for example. With a good thick wire gauge 8 pin to single 6+2 connector, could that cable give the 300 watts? I think the main issue is wire gauge here, is it not? Obviously the 8 pin can supply 360 watts, I know that. But to supply almost that much through a single connector, I'd imagine I want it to be a pretty damn high quality cable. It's a lot of money to mess around with PSU's. Get a proper PSU with enough PCIe cables if you want too run twords it's higher side. Most of us with them have them underclocked as honestly they make more if paying for electricity. But mixing PSU's is not a great idea most that do use the same PSU and 2x of them. If separate hashing boards.... 2 different cheap psu's just looking for trouble. But the honest anwser is get a nice PSU and it will last multiple miners. |
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