BITMAIN launches 4th generation Bitcoin mining ASIC: BM1385

[QuintLeo]

Wouldnt it be nice to have some kind of standard in the BITMAIN world?
I'm thinking of just changing the blades and the firmware to upgrade an S5 to an S7. It would reduce the prices a bit (lets say 10-15%, its shipping costs, VAT ..) and it would also kinda bond the customer to the company as well.

This was discussed a while ago in design, and the conclusion was that its not actually that desirable for the same reason that S2 upgrade kits never appeared. By the time the next generation appears, the previous generation is still mining away perfectly happily and so you can't immediately replace those hashing boards.

Ie if the S5 was modular to the S7, you'd still buy a full S7 because any S5s you had would still be fine to run for the foreseeable future. No one would scrap their S5, they'd simply run both or sell the S5.

 How about an upgrade for the S1 or the S3 though, which aren't very efficient and aren't profitable any more in most places?

[dogie]

Wouldnt it be nice to have some kind of standard in the BITMAIN world?
I'm thinking of just changing the blades and the firmware to upgrade an S5 to an S7. It would reduce the prices a bit (lets say 10-15%, its shipping costs, VAT ..) and it would also kinda bond the customer to the company as well.

This was discussed a while ago in design, and the conclusion was that its not actually that desirable for the same reason that S2 upgrade kits never appeared. By the time the next generation appears, the previous generation is still mining away perfectly happily and so you can't immediately replace those hashing boards.

Ie if the S5 was modular to the S7, you'd still buy a full S7 because any S5s you had would still be fine to run for the foreseeable future. No one would scrap their S5, they'd simply run both or sell the S5.

 How about an upgrade for the S1 or the S3 though, which aren't very efficient and aren't profitable any more in most places?

Upgrade kits cost not dissimilar to the full miner because:

• Have to assemble, test, then disassemble an entire miner
• Cost of the rest of the kit (even the fan) is very minimal
• Usually requires new controller anyway
• Harder to predict batch numbers
• Harder to ship, volume priced shipping costs
• Greater dead loss from shipping damage

tldr, its just easier to give you a new miner.

[dogie]

Guess the price of the AntMiner S7 and win some BTC!

[QuintLeo]

I was going to round off my calculation and guess 4, but someone beat me to it.

 8-(

[ziomar]

Guess the price of the AntMiner S7 and win some BTC!

Funny idea

[sajidfbi]

Guess the price of the AntMiner S7 and win some BTC!

Between $2500 upto $3000 if it's 10 TH.

[mavericklm]

maybe they sold all the s5+ and don't plan to make others!

so they will produce an 15th monster!

[notlist3d]

maybe they sold all the s5+ and don't plan to make others!

so they will produce an 15th monster!

This is something we really don't know.  The S5+ was a way to use a LOT of chips.   So if this was old stock of chips they sure could use up a lot quickly.

It's hard to say if they will make another batch or if we will see S7 next.  Just a lot of unknowns.

[QuintLeo]

Guess the price of the AntMiner S7 and win some BTC!

Between $2500 upto $3000 if it's 10 TH.

 That might be the S8, if/when it's released. Definitely NOT the S7.

[exsexs]

Guess the price of the AntMiner S7 and win some BTC!

Between $2500 upto $3000 if it's 10 TH.

Well you aren't going to win, that is just stupid as it would easily cannibalize their just released Antminer S5+, it should be a similar form factor to s5 and run around 2.4th

+1

I think S7 similar to S1, S3, S5 and will run 2.4-2.6 Th/s, but I need S6 first

[Rabinovitch]

There will not be S6. dogie said it before.

Personally I would like S7 to be like S2. In this case Bitmain will be able to kill two birds with one stone: release the best mining equipment on Earth (since we don't see any competitors who are ready to offer the mass (not B2B) sales of HW with the same efficiency; but we'll wait for the announce of LKETC 5Th miner though) and keep their promise given to S2 owners about the upgrade kits.

[mavericklm]

maybe from now on they will sell only sX miners and sX+miners
where sX will be the middle unit out of the sX+
...

[Minerkev]

Price will be 300$

[notlist3d]

Price will be 300$

It was higher then that for used S5's.   So I highly doubt we will see a 300 dollar miner.  I wish we would see a drop in prices I'm all for that.

Also we don't know when they will release it.  That could have some effect on price as well.

[xstr8guy]

You're right.  I guess they would have to swap out the right number of 5s for 7s as to not effect the hash rate too much but yeah the power savings alone should be huge.  I guess there's a delicate balance.  They can't turn them all on and make the difficulty jump too much.  If they do that then they can't charge as much for the S7 to their customers.

And it put's them at a big advantage compared to other mining companies.  We don't know for sure what they are doing.  But likely the first S7's will end up in the spots the used S5's were.

When it happens is hard to say.  But I'm sure they have a good business plan.

There business plan has already taken place, the idea that they are mining on s5's is ridiculous and we all know that S7's are hashing already if not for for a long while.

And they're doing this why? Because they are smart. Doing anything is is just plain stupid.

[dogie]

There will not be S6. dogie said it before.

Personally I would like S7 to be like S2. In this case Bitmain will be able to kill two birds with one stone: release the best mining equipment on Earth (since we don't see any competitors who are ready to offer the mass (not B2B) sales of HW with the same efficiency; but we'll wait for the announce of LKETC 5Th miner though) and keep their promise given to S2 owners about the upgrade kits.

It was quite a while ago when I said that and things do change. That being said, still looks like S7 next.

[iqlimasyadiqa]

"a power consumption of 0216 watts per gigahash second" low power consumption for producing monster coin. just waiting for the definite price issued by distributor: D

[loshia]

"a power consumption of 0216 watts per gigahash second" low power consumption for producing monster coin. just waiting for the definite price issued by distributor: D

That would be a number whih will never ROI as usual  

[iqlimasyadiqa]

"a power consumption of 0216 watts per gigahash second" low power consumption for producing monster coin. just waiting for the definite price issued by distributor: D

That would be a number whih will never ROI as usual  

yes, it would be one of the top. still waiting to see if I could get this stuff. I'll try to take out and put in the my home . 

[QuintLeo]

Price will be 300$

 Around 2019.

 8-O