New mining hardware for july

[alh]

Anyone know when, beginning or near the end, of the month this will be released?
This might get me in to mining game 

I am curious, will the difference between July 1 and July 30th matter in terms of deciding to mine or not? Sure it might influence what you decide to buy and when, but if you have no mining equipment already, the newest gear is rarely a good "training" machine.

[lovenlifelarge]

I'm really interested in the specs & to see if bitmain took any advice or hints & tips that have been posted in this forum....

Be interesting to see if we the user have any pull as to the way they design there miners...

[-droid-]

Are they releasing end of this month? Or sooner?

[philipma1957]

Are they releasing end of this month? Or sooner?

well  last year they took orders for the s-3 late june and started shipping late july.

I wonder if these s-7's will be delayed like the s-3's were.

Also I wonder if they will be pricey.

Just have to wait for them.

[jlauzon]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

[jonnybravo0311]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

Unless Bitmain has been completely sneaky and managed to create a whole new batch of chips on a 16 or 20nm process, the chances are exceptionally good that any gains will be slight tweaks to the efficiency of the BM1384 chip.

[jlauzon]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

Unless Bitmain has been completely sneaky and managed to create a whole new batch of chips on a 16 or 20nm process, the chances are exceptionally good that any gains will be slight tweaks to the efficiency of the BM1384 chip.

And that makes Baby Jesus cry.

[jonnybravo0311]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

Unless Bitmain has been completely sneaky and managed to create a whole new batch of chips on a 16 or 20nm process, the chances are exceptionally good that any gains will be slight tweaks to the efficiency of the BM1384 chip.

And that makes Baby Jesus cry.

Yeah it would be a huge bummer if that was the case, I am pretty sure we are all ready for a new chip and set up, it feels like it's been a while since the last one though.

It has been a while, but looking at Bitmain's past advances...

S1 180GH/s for 360W
S3 440GH/s for 340W
S5 1155GH/s for 590W

They're certainly moving the bar up with each release.  Although, unless they've developed a new smaller process and/or more efficient chip (KnC claims to have 16nm chips at some absurdly low power requirements) I don't see a huge leap for the S7.  My guess would be something along the lines of 1.5TH/s for about the same 590W.

[melody82]

This is actually pretty cool if it is true.  I wonder what impact it will have on the prices over on hashnest when the s7 comes out.  There could be some big swings in the down direction to take advantage of

[Amph]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

they cannot be, we are not in the good old time, were the next miners generation, were madly and vastly better than the previous one, here it is only a game of a slightly better efficiency

this in reinforced by the fact that the last generation was launched many months ago and still we have nothing

[jlauzon]

The real question is are they going to be a game changer or just eeking out a tiny bit of efficiency.

they cannot be, we are not in the good old time, were the next miners generation, were madly and vastly better than the previous one, here it is only a game ofa slightly better efficiency

this in reinforced by the fact that the last generation was launched many months ago and still we have nothing

Always the chance of the proverbial "quantum leap", but not S7.

[sidehack]

Bitmain's gotten really good at 28nm. I'm betting there's still at least 30% gains over current BM1384 specs, given that before the S5 was released AM' BE300 was already tested at 25% better than the BM1384 and Bitmain's got a great track record so far with silicon. There's still room for improvement just with the BM1384, but not a lot in a small form-factor where chip density is limited, and that improvement may not be enough with BitFury and KnC promising great numbers already in the field and then there's whatever Spondoolies does next. I haven't heard anything about their new chips since February or so, but the Rockerbox had a complete product shipping what, 11 months ago? Avalon will probably be rolling out new gear in two or three months as well. They're both overdue for something big. Bitmain has been coasting on low-density top-clock miners for the last six months because they were pretty much the only game in town (thanks in no small part to ASICMiner's demise) but that's about to end and they're gonna need something good to stay out in front.

[Searing]

Bitmain's gotten really good at 28nm. I'm betting there's still at least 30% gains over current BM1384 specs, given that before the S5 was released AM' BE300 was already tested at 25% better than the BM1384 and Bitmain's got a great track record so far with silicon. There's still room for improvement just with the BM1384, but not a lot in a small form-factor where chip density is limited, and that improvement may not be enough with BitFury and KnC promising great numbers already in the field and then there's whatever Spondoolies does next. I haven't heard anything about their new chips since February or so, but the Rockerbox had a complete product shipping what, 11 months ago? Avalon will probably be rolling out new gear in two or three months as well. They're both overdue for something big. Bitmain has been coasting on low-density top-clock miners for the last six months because they were pretty much the only game in town (thanks in no small part to ASICMiner's demise) but that's about to end and they're gonna need something good to stay out in front.

you probably know this and it is implied but just to clarify....(good post by the way)

knc is going to go ALL PRIVATE and just take IPO bucks etc on their 16nm chips so no home miners or any release to anybody or so they have said

spondoolies may do B2B sales in chips along with SFARD's and Bitfury


but heck you may find it hard to find anyone even wanting to sell you anything in a B2B format and/or in chips (at least right away)

they all just scoop up the big IPO bucks and do data halls (the new way to pre-order so to speak instead of miners data halls from the very rich with IPO bucks)


please feel free to tell me i'm full of it on the above would love to be proven wrong the only one I'm fairly sure said no release of the 16nm tech and chips etc to the world
is knc ...again total private ..in articles they say they want 20% of all mining (thought they said 40% at one time but can't find the link) knc 20% link below comment:

http://www.financemagnates.com/cryptocurrency/news/kncminer-leaving-hardware-sales-business-seeks-50-million-wants-20-percent-of-mining-market/

but hell what do I know...I myself am expecting an announcement of pow scrypt miners (data hall version for sure) if LTC hits $5 bucks...will be a probably 6 month
turn around to get something out in mass..i can't believe my titan(s) are the largest and last pow scrypt miners that will ever be made ...at least for data hall use ..even if
home miners are dead

who knows...i never guess anything right the 1st time with anything crypto anyway

[sidehack]

Any guess I make for what a major manufacturer will do is generally based on figuring out what I'd do in a particular situation, and then assuming the exact opposite. So yeah, selling preengineered data centers directly to millionaires and/or taking in barrels of investment money from people sounds about right.

If it's any encouragement, I also don't give a crap about scrypt mining so, by that trend, something good'll probably happen to it.

[jlauzon]

What's the latest on KNC and their legal issues?

[Searing]

What's the latest on KNC and their legal issues?

knc legal issues as I know them at the bottom of this post ..but below is for newbies attracted to
this thread title of july miners etc...read below first..as far as i can tell "home mining is dead'
don't get caught in the below traps etc even a formerly good/legit asic company can 'go bad' in a heartbeat
just saying


this is here as a cautionary tale to anyone getting miners in the future ..you probably are better off ..unless some 'miracle home equip" comes out
just buying coin and holding from www.coinbase.com or whatever ..if you are a newbie to this thread

NEVER pre-order too many cases (almost all of being very late) on delivery or not at all due to technical issues or the above where they just
kept the miners for themselves first on your pre-order $$$ and you lumped the loss

home mining is dead .not to say you could not pick up say someday a 500 buck 'toy miner' for fun but a realistic expectation with electric to run
it and such all and all at a 'toy kinda viewpoint' imho you probably would make 300 bucks back and just have to eat the other 200 bucks as
supporting the network and entertainment....I see no way to make ROI on any kinda miner in my case at 12c kwh electric here in USA

also don't 'cloud mine' same deal the company gets paid first and always has the option to just pull the plug and mine the equip themselves
(on say their view say that btc or ltc is gonna pop) ..refund say your 60% left of your orig cloud mining contract and hell the data hall
if it did go private they had 40% paid for by cloud mining folks..if they did keep it going you will still be the one holding the bag

anyway newbie info those attracted by this threads title thinking there IS obvious July miner equip available (not that i know of) that
makes sense to get for home use




my view on KNC legal issues below (I know squat just why I did not go in on such..again I repeat I know squat this applies only to my situation)



the unfortunate truth it in Swedish law you pay the lawyer's up front (no cut of $$$ if you win like the USA with up front fee) so that is for 1 knc miner back in the day
15% i think it was of 10,131.80 think it was w/o shipping or $1,519.77 up front ....so if you lose to KNC that money is gone .if you win that money will be part of
settlement..now you say had 3 units ordered (knc neppie or titan) it would be 3x the up front cost

KNC can also ask for a bond of an unknown amount ...could not find out if it was 5k or 20k up front that is part of lawyer stuff not disclosed you can of course
lose all that as well on a knc loss

also if KNC wins you'd pay all there lawyer fees and expenses thus the bond

again it is under Swedish Law not EU law ..and KNC has always maintained that by purchasing their product you are a business and it comes under Swedish Law
which means no consumer protection ..i myself think that such a law is a way to get around EU restrictions on Sweden for consumer protection etc so I did not
get into this lawsuit on that reason ....I can't see the Swedish courts overturning such a law .if it was put their for their benefit over EU law and as not struck
down a long time ago...also KNC seems pretty confident of a win...and of course knc will probably fight this till the 'heat death of the universe' in some manner
i'd guess assuming they can appeal

too many variables..myself i got a 2nd titan in march at a stupendous price and it allowed me to ROI my other titan out etc so I don't have to do this .
circumstances where the 2nd titan owner had mined 4 months and just wanted his orig coin back he paid when price was right heat elec costs etc
also at that time it was like 1.30 or some such for LTC and also KNC was supposed to release a supposed large 3rd batch (not really) and a mess of
150mh titans (which they canceled) and of course now a 4 buck price...so I was lucky lucky lucky..not the 3rd batch mass of titans expected in march
so Titan lifeline has been extended dramatically

but hell not sure what I'd do with 1 titan only I think they maybe with electric use if they ran the titan since Nov 2013 like me at 12kwh elec that and
orig 10,131.80 price (4 months late and 2 months past that with not working correct firmware) you might be 1/2 back to your ROI by now at 4 buck price
a 1 unit titan I think in my area I'd need 8 buck LTC ..maybe less depending on how long I'd keep 1 titan going till difficulty and doorstop status ..best
hope with 1 titan w/o 10 buck LTC again or some such is probably ROI w/o elec included...or my guess anyway

but it just does not look very good imho and the law firm gets $$$ in either case so I suspect that best case is that the law firm will settle for
the 50 folk in this class action for 1/2 price or some such as my guess...it still would not be worth the risk ..too many unknowns imho

also under Swedish law all each case even in this group format from what i understand is individually decided ie the knc lawyers
rom what i can tell can cherry pick thru each indv plaintiffs circumstance...now if i had a neptune I'd have a better shot in the obviously KNC
held on to pre-order equip for the data halls by 4 months ..it is black/white for the neppie folk they imho have the best shot and most $$$ from
this group plan imho

as to the titans it is more murky ..they said no refund on them on purchase and alt coin price rises like LTC I'd likely be offered less in a settlement

again my case/choice not worth the risk only having the 1 orig titan at the orig price of 10,131.80

hope like hell I'm wrong but i made it past the barb wires to the trees and past the guard towers already all i can do now is route for those guys
in the class action to also make the trees (roi or more)

last point the class action only applies to those 50 folk DOES NOT APPLY TO PEOPLE NOT IN THIS LEGAL GROUP
to have more folk sue knc after the fact is a whole new go around or hell it may not
be even allowed because you did not get in with the first group .not sure...it may be settled as a settlement and knc is off the hook i don't know

anyway all of the above could be wrong just saying how i remember stuff and see it ...thus coward that i am and ROI'd now I will watch and
hope it works out for the class action folk....and they clean knc's clock..if they get it all back good for them..in my case not worth the risk
again imho (not that i know squat ...again above is what i think is going on it may have nothing to do with reality)

knc sure went from nun to porn star from 2013 to 2015 I guess it just goes to show greed and power corrupt big time

now they are playing the same pre-order game on the private data hall and the 16nm chips with big IPO money..same newbie scam but bigger pockets
I have to admit from an 'Evil Genius' point of view they seem to have it all covered.

https://www.cryptocoinsnews.com/kncminer-ditches-customers-favor-mining-bitcoin-litecoin-themselves/

my 2 satoshi's worth

[DrG]

No dramatic changes coming this month from the hardware side.

[alh]

No dramatic changes coming this month from the hardware side.

Would an "S5 replacement" with either 30% efficiency, or 30% more hashrate count as "dramatic"? I am just asking since one man's drama is another man's nuisance.

[Searing]

No dramatic changes coming this month from the hardware side.

Would an "S5 replacement" with either 30% efficiency, or 30% more hashrate count as "dramatic"? I am just asking since one man's drama is another man's nuisance.

off the top of my head on the prices it probably would be charged imho for a home miner version and in my case 12c kwh electric costs..I doubt that would even
swing it at that point (i suppose you could just plug in S5 stats and raise the hashrate 30% and decrease the elec costs by 30% but I"m too lazy)

but naw as a home miner no....as someplace in Iceland next to facebook servers in the side of a glacier at 2c kwh elec for a data hall er...maybe?

[Amph]

No dramatic changes coming this month from the hardware side.

Would an "S5 replacement" with either 30% efficiency, or 30% more hashrate count as "dramatic"? I am just asking since one man's drama is another man's nuisance.

i presume their price will not be equal at all, the 30% efficient, will face a 30% increase of initial cost, therefore going with the new asic generation, will not come without pain

if someone don't mind selling his asic to speed up his whole roi time, then having more efficient will not be a good advantage for him