BITMAIN launches 4th generation Bitcoin mining ASIC: BM1385

[Medow]

I am waiting to see the impact of this generation on the price of used S3+ and S4.

I am hoping for 25-30 USD for S3+.

[sidehack]

At 0.66V the BM1384 does about 0.3W/GH, so 0.216 is 72% of that power. Pretty decent. I'd be surprised if that was top-clock performance (comparable to the 0.45W/GH top-clock spec for BM1384) but it still gets my attention.

Nice job, Bitmain.

[bmoscato]

I am waiting to see the impact of this generation on the price of used S3+ and S4.

I am hoping for 25-30 USD for S3+.

I'm thinking it will be more likely in the 75 USD area for the S3+.  People are still selling and buying S1 units for 30 bucks, even though they aren't efficient.

[flikflak]

Wow 230W @wall and still in 28nm - looks promising.

[Medow]

I am waiting to see the impact of this generation on the price of used S3+ and S4.

I am hoping for 25-30 USD for S3+.

I'm thinking it will be more likely in the 75 USD area for the S3+.  People are still selling and buying S1 units for 30 bucks, even though they aren't efficient.

With the current price any one with power price => 10 cent will have a zero profit running S3+.

With the expected diff jump when new generation come out i suspect that any one with power price => 5 cents will run zero profit S3+.

It will be better sell it for low price to collect some ROI.

[philipma1957]

I am waiting to see the impact of this generation on the price of used S3+ and S4.

I am hoping for 25-30 USD for S3+.

I'm thinking it will be more likely in the 75 USD area for the S3+.  People are still selling and buying S1 units for 30 bucks, even though they aren't efficient.

With the current price any one with power price => 10 cent will have a zero profit running S3+.

With the expected diff jump when new generation come out i suspect that any one with power price => 5 cents will run zero profit S3+.

It will be better sell it for low price to collect some ROI.

no it is viable as a space heater and can be made far more quiet then newer gear. I have very low power cost in one spot 2.4 cents in the winter and the area needs a space heater.

So basically it is free power even if diff goes to 100 it still is a money maker for me.   Instead of using a 1500 watt space heater I run 4 of these.  So anyone that is running a space heater would be better off with the s-3.

The s-3 will not die off until it is truly dead. (ie none of them  run due to old age)

[sajidfbi]

that's quite good news,but i am really disappointed i can't even find a stock of 15 to 20 Antminer s5+ even from Bitmain official website,whenever i tried to purchase 15 upto 20 s5+ at once it's giving error that there are only very few limited available and now unfortunately all of them are gone SOLD, even i requested Bitmain for a discount and they said they would provide me discount on minimum 15 units purchase but they are not guiding how to get that discount either

I am very very disappointed.

A Special Request for BITMAIN please Guide me how to get the Discount during purchase and avail 15 to 20 s5+ for me,Thank you

[Tupsu]

............
With the current price any one with power price => 10 cent will have a zero profit running S3+.

...........

S3 still mining with profit.

HASHNEST
Antminer S3 Maintenance Fee:$0.00192/GHS/Day  

Maintenance/Payout(PPS)     87.07%

that's quite good news,but i am really disappointed i can't even find a stock of 15 to 20 Antminer s5+ even from Bitmain official website,whenever i tried to purchase 15 upto 20 s5+ at once it's giving error that there are only very few limited available and now unfortunately all of them are gone SOLD, even i requested Bitmain for a discount and they said they would provide me discount on minimum 15 units purchase but they are not guiding how to get that discount either

I am very very disappointed.

A Special Request for BITMAIN please Guide me how to get the Discount during purchase and avail 15 to 20 s5+ for me,Thank you

This train is long gone. Next comes after the two months . 

[suchmoon]

230W per TH/s is nice. Now if they could make the S7 enclosed like the S3 that would be even nicer. Home miners, Bitmain, remember those?

[jonnybravo0311]

Looks like I might finally have to cave and upgrade the S3s.  Nice efficiency gains with the BM1385 Bitmain.  At 230W / TH, I'll be able to push just about 12TH using the same power I do now with my S3s.

[Medow]

..........................

no it is viable as a space heater and can be made far more quiet then newer gear. I have very low power cost in one spot 2.4 cents in the winter and the area needs a space heater.

So basically it is free power even if diff goes to 100 it still is a money maker for me.   Instead of using a 1500 watt space heater I run 4 of these.  So anyone that is running a space heater would be better off with the s-3.

The s-3 will not die off until it is truly dead. (ie none of them  run due to old age)

Yes, this is an alternative use for S3, but don't forget that these S3 need PSUs.

So if you need to buy a new mining gear you have a choice to use the S3 as a heater and buy a new PSUs for your new gears or you you use that S3 PSUs for your new gears and let S3 lay around doing nothing.

By the way: What do you think the price of S4 and will be?

...........

S3 still mining with profit.

HASHNEST
Antminer S3 Maintenance Fee:$0.00192/GHS/Day  

Maintenance/Payout(PPS)     87.07%

Yes they are profit for now on hashnest (which have a low maintenance fees compared to major home miners).

But the situation will change soon.

[worldinacoin]

This looks good, but still the ROI looks to be infinity

[majestymage]

very interesting times ahead  

[kevindurant]

That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.

[Xircom]

Looks good, ,might end up with around 300-350Watt pr TH at release point. ETA ?
I would guess if chip just has been tapered out, we are looking at around 3-4 month time before design of miner is finished, but why drop the bomb now, so soon before launch??
Why even bring the S5+ up for sales ? That product just died with this announcement or was it because no one bought the S5+ !

No matter what, its a damn good achievement if they manage 0.216 with 28nm Technology... Whats next Spondoolies and Avalon ?

[Xircom]

That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.

No it wont, Diff will increase with it....

[kevindurant]

That's very good news. 0.216W electric consumption is great. Mining will be more profitable with this device.

No it wont, Diff will increase with it....

Yes it will. When Bitcoin price jumps off before block halving, mining expenses will be almost zero. It will have bigger effect than difficulty.

[edonkey]

Why even bring the S5+ up for sales ? That product just died with this announcement or was it because no one bought the S5+ !

As other's have suggested, they probably wanted a vehicle to consume the current gen chips.

If you have low power costs and the right deployment environment, the S5+ can still make sense.

If they have another batch of the S5+, I will buy one rather than waiting.

[majestymage]

Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 

... so, no panic in your HQ right now? 

No. Forgot 21

So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers 

[Starin]

Congratulations. Outstanding Achievement at this point of the game.
I would pay a lot to be a fly at BitFury's and KNC's HQ right now ...

 

... so, no panic in your HQ right now? 

No. Forgot 21

So any reason to why your HQ is not panicking or are they currently skipping this generation and just holding off and trying to be the first to release 16nm?

i will love to see another war for our money performed with high class buy the mining gear developers 

Yeah well the monopoly of miners isn't helping anyone but Bitmain, when we have a good competition not just the miners win but the entire bitcoin ecosystem.

With this release, it looks like Bitmain becomes the solo monopoly or was it already?