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Author Topic: BITMAIN launches 4th generation Bitcoin mining ASIC: BM1385  (Read 38900 times)
dogie
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August 22, 2015, 09:41:26 AM
 #181

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.
So did you know for sure about the S2 uprade kits not being produced and held back a response?  They only failed do to Bitmain not following through on not one but both announcements.  It's a shame to let a good case and design that's accomodating and easily upgradeable die. 

No I didn't know, that was a management decision. The S2 design wasn't very good and was subsequently never repeated. It required a motherboard, slots that often broke, large areas of dead space for cooling and is probably the only Bitmain miner that was susceptible to shipping issues. And an included non server grade PSU which liked to die after a year.

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August 22, 2015, 10:00:11 AM
 #182

If cloudmining is making profit why don't owner just mine theirself ?
Why do they want to sell to you guys ?


 Because they make more money and amortise the cost of the chip design a LOT faster by selling miners to those of us that don't trust cloud mining.

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August 22, 2015, 10:02:25 AM
 #183

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?

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August 22, 2015, 10:11:17 AM
 #184

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.

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August 22, 2015, 10:12:35 AM
 #185

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

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August 22, 2015, 02:00:58 PM
 #186

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

 8-(


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August 22, 2015, 07:26:15 PM
 #187


Funny idea

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August 22, 2015, 08:40:25 PM
 #188


Between $2500 upto $3000 if it's 10 TH.
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August 22, 2015, 08:45:51 PM
 #189

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

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August 22, 2015, 08:58:44 PM
 #190

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

so they will produce an 15th monster!
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August 22, 2015, 09:33:27 PM
 #191

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.
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August 23, 2015, 02:06:47 AM
 #192


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

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August 23, 2015, 07:42:52 AM
 #193

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 Grin
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August 23, 2015, 07:50:31 AM
 #194

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.

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August 23, 2015, 07:58:15 AM
 #195

maybe from now on they will sell only sX miners and sX+miners
where sX will be the middle unit out of the sX+
...
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August 23, 2015, 09:19:14 AM
 #196

Price will be 300$
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August 23, 2015, 09:29:34 AM
 #197

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.
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August 23, 2015, 10:19:53 AM
 #198

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.
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August 23, 2015, 10:19:59 AM
 #199

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.

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August 23, 2015, 10:23:10 AM
 #200

"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

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