World biggest bitcoin /SHA256 miner 7.7T@3400W

[QuintLeo]

 S5+ wasn't sold out very long, if at all.
 S5 used batch 7 are still showing sold out right now though.

[1715206595]

1715206595

[1715206595]

1715206595

[VirosaGITS]

S5+ wasn't sold out very long, if at all.
 S5 used batch 7 are still showing sold out right now though.

They changed the shipping date portion again so i'd be surprised if they dont do a 3rd batch of used units soon.

[jstefanop]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

[sajidfbi]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

[VirosaGITS]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

It should push value up a bit. Probably, but yes i think its going to push off some miners. So it should be also followed with a big diff drop. I believe it may be ROI-able depending on how strong the true next gen/wave will be.

[philipma1957]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan  and in the world of btc 5 or 6 months is huge.

[sajidfbi]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan  and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

[philipma1957]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan  and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

yes am I mistaken?

 you said 2016 Jan

I said 2016 JUN

Wiki has 2016 Nov


 my source is wiki  and they estimate Nov 2016

https://en.wikipedia.org/wiki/Bitcoin

User(s)   Worldwide
Supply growth   25 bitcoins per block (approximately every ten minutes) until mid 2016,[2] and then afterwards 12.5 bitcoins per block for 4 years until next halving. This halving continues until 2110-2140 when 21 million bitcoins have been issued.

[sajidfbi]

Looking at the pics/specs its obvious they can make an S5 sized unit with this hardware. The specs for that would be 2.6TH@1150 watts for about 800 USD.

I hope they go this route as that would be a way more manageable home miner.

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

try june not jan  and in the world of btc 5 or 6 months is huge.

I beg your pardon, You have just said it's going to half the blockchain in JUNE 2016 instead of JAN 2016 ?

yes am I mistaken?

No probably i might be wrong as i have read somewhere that blockchain is going to get half in upcoming January 2016,but might be you are right and i wish that would be true so we have about 9 months to get RIO,which i can absolutely as electricity cost here at my place is 0.08.

[TheRealSteve]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

[philipma1957]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July -  http://bitcoinclock.com/
Nov -  Wiki


Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

[TheRealSteve]

I think 1 year is plenty problematic   Could you point to the wiki page that claims November?  That needs fixing.

[sajidfbi]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

That's quite helpful now, i got it. Thanks mate for sharing.

[sajidfbi]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July -  http://bitcoinclock.com/
Nov -  Wiki


Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand   Minute Hand   Second Hand
Blocks per Revolution     210,000   2016   144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

[VirosaGITS]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July -  http://bitcoinclock.com/
Nov -  Wiki


Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand   Minute Hand   Second Hand
Blocks per Revolution     210,000   2016   144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

The reward will keep halving so getting the "total/max" isint going to happen in our lifetime, so feel free to not worry about it. Everything else is so far in the future BTC is not in any danger of terminality. When we get there we can do whatever.

The 21m isint how many blocks its maximum BTC supply.

[sajidfbi]

well, July-ish - but subject to network hash rate changes: http://bitcoinclock.com/

Yeah

June - Me
July -  http://bitcoinclock.com/
Nov -  Wiki


Are all better then Jan.

Jan would be a problem as it is not far away. (under 5 months)

I am a bit confused here... Please correct me if i am wrong or explain to me if i am totally wrong.

I heard that there are total 21000000 BLOCK's for BTC for the Entire BTC Network or Life when this 21000000 Blocks will be discovered then there would be no more Blocks, But what i can now see in this website that BLOCKS COUNT 369889 and bellow it's showing...

Hour Hand   Minute Hand   Second Hand
Blocks per Revolution     210,000   2016   144

Which means that 210,000 Blocks is only meant to be in the 4 years Cycle ? So there would be about 210000 Blocks in each cycle or there's something else ?

Ahhh ok i hope it will keep going for long enough, Actually i am just moving ahead with 200 TH small mining firm soon,almost at the final stages of the setup,so hope for the best.

[Tupsu]

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

Upcoming januari- it is a chronology of the Mayan ?

http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-27 16:38:45 UTC (49 weeks, 4 days, 23 hours, 50 minutes)

[VirosaGITS]

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

Upcoming januari- it is a chronology of the Mayan ?

http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-27 16:38:45 UTC (49 weeks, 4 days, 23 hours, 50 minutes)

Yeah i never heard Jan 2016 either from any logical source. Sound like someone meant to say Jun and he typoed or misread to Jan. In a nutshell we have about a year. A little less. That clock seem very accurate, although it will probably get knocked ahead bit by bit to a slightly earlier date.

[philipma1957]

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half and so 7.7 Th would be almost equal to 3.3 Th means it would requires the double of the current hash power while more increase in difficulty but also expecting the rate to get high as well.

Upcoming januari- it is a chronology of the Mayan ?

http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-27 16:38:45 UTC (49 weeks, 4 days, 23 hours, 50 minutes)

Yeah i never heard Jan 2016 either from any logical source. Sound like someone meant to say Jun and he typoed or misread to Jan. In a nutshell we have about a year. A little less. That clock seem very accurate, although it will probably get knocked ahead bit by bit to a slightly earlier date.

 Yeah the clocks says July, but It could shift to June(my guess)   if diff has steady +2 % or even August if diff has steady -2%

[QuintLeo]

It's not about home miner problem ... The real fact here's that very soon in upcoming January the blockchain is gonna turn half

 July 2016, actually - late in July by current estimate, but with hashrate almost constantly increasing that date estimate keep creeping forward a little. I'd guess the actual halving will be mid-July 2016.

 ROI on this unit before that point depends mostly on your electric cost, and somewhat on the rate of difficulty increase. I believe, based on my estimate, that a S5+ will still be profitable after the halving - but only BARELY and not for all that long afterwards.


 I suspect that the wiki page hasn't been updated in a while, if it's still estimating November - but I think June is a bit pessimistic. Possible if difficulty explodes at some point due to rapid adoption of next-gen miners and the current stuff doesn't get shut down very fast, but I don't think that's REAL likely.



 The S5 is back in stock now, with a "shipped within 10 days" note. Guess they're getting a bit more "flexable" about their batching as their inventory goes down on their farm....