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this sounds like fun.
I guesstimate that if we can point the equivalent of ~200 s7 at this address, we would be likely to hit a block in 2-3 days with an average luck.
it would be a fun thing to do as a donation, but 200 S7 is a bit much to find.
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Everyone's spent outputs combined with everyone's spent outputs? Not all the time.
LIke I said in the OP there will come a day when a new user will buy bitcoins (say locally for cash) and when he goes to use them at a business or exchange or where ever they will be rejected. Not 100% of the time...but it will happen and we all know how the media today loves to jump on anything bitcoin related that is negative.
Please reference the OP as it was a prediction and just that.
Ok, I'll grant you that, but is it really a big deal if it outputs aren't combined "all the time"? The people that have the "hottest" Bitcoins are obviously going to go to the most trouble to mix and detaint them...and they do that already not because of blacklisting, but because they need to remain anonymous and stay out of jail for theft. It's not about ANONIMITY, it's about FUNGIBILITY You can try to be (somewhat) anonymous on the BTC network, but that doesn't mean the coins are fungible Ask yourself... If you earn a legal income in BTC, will you voluntarily mix your coin with criminals? if bitcoin is not fungible, then it is not money, it is as simple as this BTW, marshals sold tainted bitcoin from silk road and someone (silicon valley VCs, etc) bought them. I don't think that this bitcoin is tainted anymore de facto, but if you look at these coins history, it would look pretty bad, right? If bitcoin IS money, then it cannot be at fault what someone did with it any more than you cannot control what someone did with a $20 bill. |
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As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild ! </curmudgeon-mode> I don't know where you get the statement that you won't make anything back....IF mining were not profitable NO ONE would do it. Now granted you shouldn't go into it if you pay crazy rates for power, but if your power rate is reasonable then you most certainly can make money mining. Accounting for the diff going up at $25k per unit the SP50 would pay for itself it in less than 9 months. Everything after that is profit. Even if the diff shot WAY WAY up so what. Instead of taking 9 months to ROI it takes 12 months. The point is, as with any investment, you have to be patient. they should price it at $25K and stay there, but they won't, unless something changed with their approach to pricing. Historically, SPT priced initial batches way high, then precipitously cut back on pricing-not a very good policy from the initial customers perspective. You were basically penalized for buying early, which is not good-you want your enthusiasts to stay engaged. $25K price would generate a tremendous demand, in my opinion, while pricing it at 40K-45K-much less. we also don't know their manufacturing capabilities, maybe they cannot even manufacture enough when priced at $25K. |
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Is this thing basically a Raspberry Pi? $400 seems to be a massive markup...it's a nice idea but it really seems too expensive for what you get. It could definitely do without the inefficient mining chip too.
LOL somebody did the parts analysis and came up with ~$250 in parts (does raspberry pi have 128 gig of flash memory?) In my opinion, they should have posted it for $250 initially, but it is not a large markup comparing with an iphone, for example (parts ~$200, cost $650) |
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It looks like you guys like to check different PSU combos while the good old EVGA 1300 with two PCie splitters (put on two single red cables) is perfectly up for the job.
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The problem with having a transparent blockchain is the lack of fungibility. This is way gmaxwell is working hard on features like confidential transactions. We NEED to improve the anonymity on Bitcoin before it goes mainstream. You don't want people's money being rendered useless because of a lottery based on the origin of said money (if its legit or if it has a trace of some criminal activity which you had no idea and no control of).
Stop conflating two very different issues. Privacy/traceability != fungibility The two are in practice almost identical unless you are giving identifying information only to a privileged party (bank, government, etc.) in which case fungibility may exist at the discretion of that entity, or fungibility is enforced (by law). The former is certainly not the case in Bitcoin and likely never will be. The latter is theoretically possible but unlikely. If the units have a visible and distinct history that has at least the possibility for them to become non-fungible since actors may attach importance to properties of that history. This has already happened in Bitcoin with actors such as Coinbase and apparently now Bitpay identifying coins by a "good" or "bad" history. Whether this will become more or less common is a matter of speculation, not the properties of the system itself. That the properties of the system can give rise to these issues is proven by experience. well, it depends on how much effort goes into it. one can lift fingerprints off the #20 bill, analyze chemical residue on it, etc., however, apart from criminal cases, nobody does this. In my opinion, it is somewhat imperative for bitcoin to become fungible and to incorporate some tech to do it at the protocol level. Trace Mayer was talking about this: apparently Messrs Back and Maxwell were ready to introduce this before all this blocksize nonsense came about. |
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If
a) The pattern is same as in 2011,
b) But 4 times slower,
We will must have rally pretty soon. Rough estimate: half-year-long rally to -1, i.e. to about 1500$ per BTC.
snip image
A very interesting prediction. It would be interesting to see how it plays out. Overall, i am very puzzled by a flat. I would have never guessed it instead of rising or plunging. |
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Looks like they are all sold out of the APW3-12-1600-B2 PSUs as well.
Ok, but you can use EVGA 1300 with an addition of two PCI-E extenders on single branch cables. Cost for used evga is ~$125-130 on ebay, maybe slightly less here if you can find it. |
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well, the way i see it, if I just buy and hold bitcoin, I get absolutely nothing from this as far as experiences or future memories are concerned.
Let us hope your future memories are not plagued with people pointing out the financial folly with respect to rationalizing such purchases. if bitcoin becomes a pile of digital dust (hopefully, not), then at least you can remember those days
... where you bought low, hodl'd, and sold a fraction of a Bitcoin at some future date at way more than you could have imagined. So, I will try to use something for mining and/or learning, maybe a fancy stick, or a needlessly criticized "bitcoin computer" or something else entirely.
As long as you go into it with the understanding that you are not going to make back whatever you spent on the device - not placing any value on any "fun" or learning you would derive from the purchase - go hog wild ! </curmudgeon-mode> gosh, someone is grumpy on a weekend...  I have seen many investments turn to an absolute manure, but you have to be in risky investments to have a good return, as you know. I am quite enjoying my S7 so far, and did enjoy Sp20 tremendously, but I could never host SP30 at home-had to do hosting. regarding "making some"-it largely depends on a timeframe and on whether you count in BTC or in $$. I always count starting in $$, not BTC, it makes everything simpler. |
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might be interested for something around 5btc
LOL, people have been offering up to 9 BTC for an S7 around here, the OP would be foolish to sell his miner to you for so cheap. In a couple months 5 BTC might be the market price for these but right now they're worth way more. They were never worth what Bitmain charged for them to begin with but for some inexplicable reason people continue to buy from them (and others) with no hope of ever making a profit. Such is the way of the BTC  well, bitcoin went the enthusiast route as far as home mining is concerned. I am aiming at breakeven and enjoying the ride. It is very difficult to make money while making business out of mining. You need to have access to super low electricity cost (from zero to maybe 4-5c/kwh), which I don't. Colder climate helps a lot. There is no point for me to mine with many machines, but I would like to have the most recent or the best one. If I was living in rural WA (Chelan, Douglas, Grant counties), i would probably increased my mining 10-100 fold. |
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OK, so it was the little graphic attached to the Amazon listing that means to you "Selling quite well". I hadn't noticed that before. I wonder what criteria Amazon uses, though that's probably a bit off-topic.
well, the fact that it is #1 in servers tells me that it is "selling quite well" (better than antminer S5, for example, which is #3). |
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Ordered my units on day one and have not even recieved tracking info yet. NOT Happy right now. this is strange...did you check your bitmaintech account...what does it say? does it say: shipped or unshipped? also, check your email (including spam) |
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.....
apparently, it is selling quite well
I am curios about your insight as to sales. I understand it only to be a pre-order at this time for delivery after November 16th. How could any of us, except perhaps Amazon, know anything about sales?
i read about it on zeroblock, will try to find a quote...nevermind, i remembered more accurately-someone mentioned it on btctalk and i just checked amazon-it is the best seller in Servers http://www.amazon.com/Best-Sellers-Computers-Accessories-Computer-Servers/zgbs/pc/11036071/ref=zg_bs_nav_pc_1_pcI have no insider knowledge whatsoever, sorry. |
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The only one CURRENTLY selling miners that are viable for home miners *RIGHT NOW* is Bitmain.
There has been at least one other "soon" announcement, out of Lktec, for a miner that the S7 appears to have been specifically designed to try to preempt.
Since the Lktec design appears likely to be based on the "announced as taped out" Innosilicon A3 design, and since Innosilicon has made miners in the past, I expect a fairly good probability of an Innosilicon miner design as well - but even if they do that, I suspect that that Innosilicon's miner would be more along the lines of a rack-mount 4-5U unit in the 20-30TH range, similar to what they did on their A2 Terminator design.
Too bad Spondoolies has abandoned the consumer market, perhaps they'd be willing to start selling their new chip *soon* to someone like Sidehack to build an actual HOME miner design out of.
Well Bitmain "Right now" has nothing. It's true there will certainly be a second batch in October but it's pretty moot right now. Meanwhile Spoondoolies is Selling those SP50, however only in Bulk. Now what qualify a "Bulk" i don't know, but that mean a reseller could get a batch and then sell it to end user. But there's some serious issues with powering 6000W at home. Noise and heat will make this pretty prohibitive, so even if the home buyer can get a hand on a SP50, it feel like you'd need a crane to move the damn thing around. Meanwhile Bitfury announce something even better but with no actually hardware available. At least Bitmain is getting some pressure so we might be seeing S7's at reasonable ROI soon. Then again that's pretty subjective if these 3 company sell 150PH of hardware by the halving, there won't be much current miner left after that. 6000w?  It's 16500w AFAIK |
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well my view is it is just to keep the millions given to them by newbie IPO money happy ..ie hey we have a product a continuation of the BFL scam only they provided equipment (admittedly 400 buck pi but still) so it is imho just a way to wave the flag and show they are doing something and get more IPO $$$ if this 400 buck pi device is for devs they are out of their mind no dev will get this when he can do his own thing on a pi or a laptop if they were REALLY serious about this they would have released an open source developer package with some hopeful guidelines on what they wanted to accomplish in ecommerce and the rest the devs would go cool ..grab the package and off they would go on their own laptop or pi to try and move their vision...that would have gotten the most devs and the most hype imho this is just a very lame attempt to 'please' the newbie IPO folk they are doing something .it is destined to failure imho apparently, it is selling quite well |
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btc mining ended in Feb 2014 and likely my scrypt miner efforts will end around Feb 2015.. then I'll just sit on my hoard and brood about daily price madness on btc and ltc and hope like the rest of us it does not go tulips/beanie baby/etc well, the way i see it, if I just buy and hold bitcoin, I get absolutely nothing from this as far as experiences or future memories are concerned. if bitcoin becomes a pile of digital dust (hopefully, not), then at least you can remember those days, while if you simply buy it and it goes down, then it's just another bad investment. So, I will try to use something for mining and/or learning, maybe a fancy stick, or a needlessly criticized "bitcoin computer" or something else entirely. |
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It all looks new. No dust ore so. Don't know about the sound. I fixed it right away. At 63 db now.
€40 sound killer
snipped images
Interesting. Just one point. During the operation miner sometimes accumulates static electricity (maybe because of all that blowing). For example, when you have a sweater on and touch it with one hand, sometimes it gives you a bit of a jolt. The point is, I wonder if it could spark with the metallic outer tube, causing electrostatic discharge (ESD). ESD is known not to be good for electronics. maybe grounding the tube would not be a bad idea. |
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i think that it takes some time to stabilize, even more than 2 hr.
what exactly is fan % changes? i changed to 90% and it is the same fan speed as before-4200/4200 (it did not become 3800).
65% = 4200 40% = 3600 35% = 3200 30% = 2800 25% = 2500 20% = 2000 fantastic, thanks my s7 seems to have low % of error so far. 0.0062% error at 600 hashing 6hr at 4830-4850, temp 52-53C, fans at 4200/4200 0.0068% at 606 hashing 2hr at 4870-4890 temp 52-53C fans at 4320/4200 0.0087% at 612 hashing 2hr at 4950 (shweeeet!) temp 52-53C fans at 4320/4200, wattage went up ~25W between 600 and 612, gh increased as expected ~100gh tomorrow I will try reducing fan to see where the similar hash would be with higher temp. I am pretty sure that it can go to 59C, maybe at 600 or 606 and lower fan |
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several things:
1. Don't forget to "jump" the PSU. use paper clip (cut it or use a larger one) to get a U-shaped structure, then connect fourth and fifth connector (fourth is green, fifth is balck) in 24 pin connector (on the clip side) with this paper clip. tThe best is to insert the 'legs' of the paper clip inside the connector without damaging it-should be OK, but proceed cautiously. Some people tape it afterwards or use isolated wire instead of a paperclip, because obviously you don't want to short it by accident.
2. Insert the connector that has 8 pins (Not 6+2) into the receptacle on corsair that says 6+2 PCIe. It has to go only in one orientation (it will be obvious).
3. attach two branches of a branched cable to the 6 pin connectors (look whitish on your photo) on the same side. CX750 has two branched cables, so I cable per board, each branch engaging a connector.
BTW, i still have two CX750 and two CX500 if anybody wants them.
Thanks for the tip on jumping it. Last one I got was already done. So I need to insert two of those 6+2pin PCI cables and connect them to the same side of the miner long ways like in this picture?  this picture is not very clear. i am not sure what is that yellow stuff. corsair cables are black, so it is probably a different psu. |
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several things:
1. Don't forget to "jump" the PSU. use paper clip (cut it or use a larger one) to get a U-shaped structure, then connect fourth and fifth connector (fourth is green, fifth is black) in 24 pin connector (on the clip side) with this paper clip. The best is to insert the 'legs' of the paper clip inside the connector without damaging it-should be OK, but proceed cautiously. Some people tape it afterwards or use isolated wire instead of a paperclip, because obviously you don't want to short it by accident.
2. Insert the connector that has 8 pins (Not 6+2) into the receptacle on corsair that says 6+2 PCIe. It has to go only in one orientation (it will be obvious).
3. attach two branches of a branched cable to the 6 pin connectors (look whitish on your photo) on the same side. CX750 has two branched cables, so I cable per board, each branch engaging a connector.
BTW, i still have two CX750 and two CX500 if anybody wants them.
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