Personally, I count 3.5 months. I agree it doesn't seem that BitFury is in any hurry to actually sell a "Mining Lightbulb". Maybe they came to their senses?  21inc will present something on cisco forum on Sept 22. Competitive mining bulb/router/appliance? |
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In short-much discussion about blocksize vs fees.
fees would affect us, no?
Very little. Right now the transaction fees in a block pale in comparison to the block reward of BTC25 (or even BTC12.5 come next year) - and even less so per-miner when it's spread out among miners in the pool that got the block. I'd be more 'worried', long-term (and that's measured in many years) about the concerns being raised regarding pools in general, ASICs, etc. with regard to centralization. at the minimum, bitcoin core dev discussions re blocksize DID affect bitcoin price (check today, for instance) and hence are relevant to miners. |
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too much detail, just follow the links, please. In short-much discussion about blocksize vs fees. fees would affect us, no? |
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tl dr!!!   anything scary in there? yes, they are talking about us (miners) all the time... even as we post  |
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It sure is fun to simply make some LEDs blink, see numbers climb, and see a balance increase.
..plus put hypnotoad on a laptop screen...and dose off a little..good.  Sidenote: Chelsea lost again...Mourinho is probably gone within a month if not sooner. Is he on strike or something? |
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Video should be available at this link in two minutes or so: https://www.youtube.com/watch?v=5UFGEXyduSAI realize there isn't a great comparison for how noisy this miner is, but it sounds about the same as your typical vacuum cleaner on high speed. Be sure to let me know if you have any other questions I can answer, or want any more pictures of the unit. @suchmoon I can test that out in a minute and get back to you on what happens, but yeah I suspect it just won't power up. great video, thanks, man if you want to be a little more detailed, can you measure noise in dB with your Android/iphone from 1ft or 1m distance? the app is called "dB meter" on iphone there is also sound meter on android Sure thing, just tested that out for you. Phone right up to the miner: 100dB Phone 1 meter from the miner: 70dB thanks...100db, wow, but i hope that it is a glitch as even 80dB can cause permanent hearing damage if you are exposed for more than 8hr. 70db sounds a bit more than S5 at 1m, maybe somewhat similar. S5 was ~72dB close to the fan. I am thinking about some low tech solutions to the noise. |
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Haha probably cash out most of it and I'd just start my early retirement I don't know why people are so enamored with retirement. To me typical retirement=nothing much to do, you get bored and get early Alzheimer's from not exercising your brain much, plus your wife/gf is bored of seeing you around 24/7. People, especially men, seem to deteriorate pretty quickly once they move from work (active lifestyle) to retirement (not working). If course, there are exceptions where you basically switch careers in retirement, but i wouldn't even call that true retirement. Women seem to handle retirement better than men in any case. |
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Thanks for the pics! Can't wait for the video.
Looks like I'll have to dedicate 3x power supplies to connect those 9 PCI-E cables. LOL
my hope is that adding a PCIe split to just two (out of four) of EVGA1300 single red cables will do the trick as you'll end up with 10 connectors (9 for the machine and one for controller) |
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Video should be available at this link in two minutes or so: https://www.youtube.com/watch?v=5UFGEXyduSAI realize there isn't a great comparison for how noisy this miner is, but it sounds about the same as your typical vacuum cleaner on high speed. Be sure to let me know if you have any other questions I can answer, or want any more pictures of the unit. @suchmoon I can test that out in a minute and get back to you on what happens, but yeah I suspect it just won't power up. great video, thanks, man if you want to be a little more detailed, can you measure noise in dB with your Android/iphone from 1ft or 1m distance? the app is called "dB meter" on iphone there is also sound meter on android |
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Time to answer some questions!Can you try to run it with two PCIe connectors per board? It would be interesting to see if it needs all three.
The miner won't operate with two PCI-e connectors per board, according to Bitmain. See this image: https://i.imgur.com/OV3f8Ql.jpg - Read point #1 Thanks for posting this, but i find Bitmain's instructions on imgur's image incomprehensible as it is a mishmash of S5+ and S7, especially point #5 where it mixes S5+ and S7 together. Also, why 16A for S7 when it is 1210W, which is 11A even at the lowest 110V. This is a question to Bitmain, of course. I saw the same mistake (the S5+ instead of S7 mistake) as you, it seems like they through those instructions together very quickly without even proofreading. They also claim that most residential lines supply only 10A.  Here in Canada most residential 120V lines supply 15A. Hopefully they'll fix up these instructions before mass-shipping the units out.one would sincerely hope so as it is total gibberish right now and would cause quite a few angry or anguished calls/emails if left as is. |
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Time to answer some questions!Can you try to run it with two PCIe connectors per board? It would be interesting to see if it needs all three.
The miner won't operate with two PCI-e connectors per board, according to Bitmain. See this image: https://i.imgur.com/OV3f8Ql.jpg - Read point #1 Thanks for posting this, but i find Bitmain's instructions on imgur's image ^^^ incomprehensible as it is a mishmash of S5+ and S7, especially point #5 where it mixes S5+ and S7 together. Also, why 16A for S7 when it is 1210W, which is 11A even at the lowest 110V. This is a question to Bitmain, of course. |
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i wouldnt do anything as i dont have any bitcoins though most probably i would buy bitcoins
we have a buyer at 1M/coin...nice please post scenarios on how bitcoin can reach 1M from $240 in 24 hr (either from today to tomorrow or from any single day to the next day). It should be a fun exercise. My entry: Aliens land on Earth, appear peaceful yet very advanced and declare that anyone can buy a procedure that gives you immortality, but there is a catch-you can only pay in one bitcoin and nothing else. Aliens post a very credible youtube video that explains it all. Video is watched by ~2-3 bil people in the first 24hr and bitcoin reaches $1M shortly thereafter. Your entry? What good would Bitcoin be on another planet? The blockchain is locked in our internet. it's funny that the rest of the supposition is OK....it's a game to see how bitcoin could become worth 1M in 24hr. Explanation: aliens want to promote social development on Earth, acquire a substantial % of the local economy and they want to have the local universal currency that they favor since it could be linked easier to their computers. It's not for them to use it on other planets. |
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i wouldnt do anything as i dont have any bitcoins though most probably i would buy bitcoins
we have a buyer at 1M/coin...nice please post scenarios on how bitcoin can reach 1M from $240 in 24 hr (either from today to tomorrow or from any single day to the next day). It should be a fun exercise. My entry: Aliens land on Earth, appear peaceful yet very advanced and declare that anyone can buy a procedure that gives you immortality, but there is a catch-you can only pay in one bitcoin and nothing else. Aliens post a very credible youtube video that explains it all. Video is watched by ~2-3 bil people in the first 24hr and bitcoin reaches $1M shortly thereafter. Your entry? |
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While doing your own usage measurement is a great idea, there is still some mystery into how the actual bill from the Power Company is derived from that (e.g. fixed costs, taxes, fees, etc).
this is true, my power company wont even tell you how much they charge you if you ask them on the phone. the bill has NO price per KWH.. just a value you used, and how much you owe at the bottom. in US? this is messed up. I have everything marked on my bill: cost of electricity, cost of transmission, final cost per kwh, taxes, fees, they even give me neat graphs week by week and a comparison with the last year. |
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SP20s tolerate heat a bit better than S5s, in my experience with a limited data set, but mostly 'cause they are a TON more configurable. They're quieter, but not a LOT quieter if you are pushing them anywhere near their full hashrate. They ARE a lot quieter if you undervolt them some, can still get 1.3-1.4 GH with a fairly low noise level and close to S5 efficiency in a cool room. My "summer" rate here (mid-June to mid-Sep) exceeds 15 cents/KWH during the day easily, due to ToD rate adjustment, the OVERALL is about 14.2 but that's only WITH ToD overall adjustment, without ToD it WOULD be a hair over 15 I believe - this is in Iowa with Alliant's ripoff "tons of extra fees" rate BS. Our rates where I live have gone UP at least 3 cents/KWH in the last 5 years due to Alliant adding way too many surcharges with almost NO reduction in the base rate to compensate. The rest of the year isn't so bad for those that use a lotta electric - first 1200ish KWH are sorta pricy, but after that it's around 6.7 cents/KWH for the "anything over" third residential tier.
3.9c for 1kwh, 4.9c for 2kwh, 6c for more than 2kwh, 6mo from GEXA
and after the 6 month "teaser" what does it go to? I still have 2 S7 coupons available at 0.1 Bitcoin each. I don't live on this board, so don't expect "instant" response to mails, but I WILL get back to you. it's not a teaser, just 6 mo contract...after 6 mo you get a different contract..this is how it works here, although i usually get a 12 mo contract. |
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Ok, so how much BTC I need to store from now to be millionaire in 3-5 years when Bitcoin grows mainstream ? 10 ? 50 ? 100 ? 1000 ? Share Your thoughts. Depends in which part of world you live.At my place you would already be millionaire if you could afford to buy 50 btc Yeah , I agree with you it really differs between a place and another one , for example 1 bitcoin in my country worth like a salary for 2 month in a lot of full time jobs which country is that? |
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