ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH

[VirosaGITS]

Well, after all discussions here, are the S7 is good thing to enforce the mining farm with? Sure, their efficiency is good (and it's definetely the best available for upper-home level miner for now), but what about their reliability?  

I don't know, seem pretty hit and miss again. And the price is pretty hefty too. I think people that have acceptable electricity costs should stick with S5's and just let the S7 decrepit in price and prove itself first.

Unless your electricity cost is too high, then you could get a S7 but at that electricity cost i'm not even sure you can ROI the S7 before the halving with such electricity cost. At which point i doubt they will be worth more in 6 months than what a S5 is worth now.

[1715187607]

1715187607

[1715187607]

1715187607

[vortexz]

planning to buy 2x antminer S7, I already have 1 100$ coupon can somebody send me another coupon ?
my user id is vortexz

[fullzero]

Well, after all discussions here, are the S7 is good thing to enforce the mining farm with? Sure, their efficiency is good (and it's definetely the best available for upper-home level miner for now), but what about their reliability?  

I don't know, seem pretty hit and miss again. And the price is pretty hefty too. I think people that have acceptable electricity costs should stick with S5's and just let the S7 decrepit in price and prove itself first.

Unless your electricity cost is too high, then you could get a S7 but at that electricity cost i'm not even sure you can ROI the S7 before the halving with such electricity cost. At which point i doubt they will be worth more in 6 months than what a S5 is worth now.

An S5 is worth ~ $300 now.  Your way off thinking an S7 will be worth $300 in 6 months. 

[VirosaGITS]

Well, after all discussions here, are the S7 is good thing to enforce the mining farm with? Sure, their efficiency is good (and it's definetely the best available for upper-home level miner for now), but what about their reliability?  

I don't know, seem pretty hit and miss again. And the price is pretty hefty too. I think people that have acceptable electricity costs should stick with S5's and just let the S7 decrepit in price and prove itself first.

Unless your electricity cost is too high, then you could get a S7 but at that electricity cost i'm not even sure you can ROI the S7 before the halving with such electricity cost. At which point i doubt they will be worth more in 6 months than what a S5 is worth now.

An S5 is worth ~ $300 now.  Your way off thinking an S7 will be worth $300 in 6 months. 

I am? Then how much do you think a S7 will be worth with the halving? The S7 will suddenly less efficient then than the S5 is efficient now. So how am i way off? The S7 is not only very overpriced right now, it is also not that efficient. Competitors have 0.15 and 0.06 efficiency chips. I don't see the S7 being worth much at all then, just nope.

[fullzero]

It doesn't matter what the self mining corps have.  It only matters if YOU can buy a more efficient miner.

We will see in 6 months;  

[VirosaGITS]

Unless YOU can buy a more efficient miner it doesn't matter what the self mining corps have.

We will see in 6 months; 

Of course it matters. Its actually the other way around. Its not what *you* pay that decide the profitability of Bitcoin, its what *most* of the network pay their gh/$/day upkeep that does.

Home miners is a minority and the profitability of S7 will go down regardless of if Bitmain release a S9 or not by then.

Difficulty is not going to stop going up because home miner are no longer getting competitive hardware available and the halving won't stop from dropping the profitability of all miners just because *you* can't get a more profitable miner.

[vortexz]

please,somebody send me a 100 $ S7 coupon to bitmain email id : vortexz90@yahoo.com

Thank you in advance !

[VirosaGITS]

please,somebody send me a 100 $ S7 coupon to user id : vortexz

Thank you in advance !

The coupon need to be sent to your email registered to Bitmain. And you may be able to get one cheap at the market place. I wouldn't hold your breath for a free one until giveaways next weeks. But good luck nontheless.

[philipma1957]

Unless YOU can buy a more efficient miner it doesn't matter what the self mining corps have.

We will see in 6 months; 

Of course it matters. Its actually the other way around. Its not what *you* pay that decide the profitability of Bitcoin, its what *most* of the network pay their gh/$/day upkeep that does.

Home miners is a minority and the profitability of S7 will go down regardless of if Bitmain release a S9 or not by then.

Difficulty is not going to stop going up because home miner are no longer getting competitive hardware available and the halving won't stop from dropping the profitability of all miners just because *you* can't get a more profitable miner.

This is a debate I have had in my mind more then one time. I have been home mining since 2012. Difficulty was once 25% per jump for an entire year. It is now around 2.5% for the last year.

The true home miner  has 1 thing going for him that the farms don't the ability to use the heat. So for 7 months a year my mining cost drops as I use the free heat.
The biggest thing against a home miner is most homes are 200 amps  which caps you at 100amps or so for mining even if you do three 30 amp 240 circuits

You have 90 x 240 x .80 watts or 17 kwatts.   so this would be 15 s-7's as  a max  that is 72 th

 72 th earns .59btc a day

when I was doing gpus and was using 6-7 kwatts  back in 2012 I was earning 1 btc a day

So in btc power cost we are losing.

17 kwatts gets .59btc  2015  using gear that spends .25  watts a gh

7 kwatts gets 1 btc      2012 using gear that spends  300 watts a gh

so with gear that is 1200 x better   1 btc costs  28.8 times the power

price factors into this  

2012 price 10 bucks
2015 price 240 bucks

the is 24 x     but power is 28.8 x

so The cost to get a coin is worse.

more on this as the  price for gear in 2012 was  22 x 350 =7k gpus  and 3k in pc parts or 10k
15 s-7's cost = 15 x 1650 or 24750

so 2012 = 10k
2015 = 24.750k  make it 25k

so gear is 2.5x the price

All this is killing home mining and all mining.

once you factor all this in it is 3x more costly to get  a coin in 2015 then in 2012.  Not good at all  or is btc undervalued and should be 720 usd not 240 usd?

[VirosaGITS]

Unless YOU can buy a more efficient miner it doesn't matter what the self mining corps have.

We will see in 6 months;  

Of course it matters. Its actually the other way around. Its not what *you* pay that decide the profitability of Bitcoin, its what *most* of the network pay their gh/$/day upkeep that does.

Home miners is a minority and the profitability of S7 will go down regardless of if Bitmain release a S9 or not by then.

Difficulty is not going to stop going up because home miner are no longer getting competitive hardware available and the halving won't stop from dropping the profitability of all miners just because *you* can't get a more profitable miner.

This is a debate I have had in my mind more then one time. I have been home mining since 2012. Difficulty was once 25% per jump for an entire year. It is now around 2.5% for the last year.

The true home miner  has 1 thing going for him that the farms don't the ability to use the heat. So for 7 months a year my mining cost drops as I use the free heat.
The biggest thing against a home miner is most homes are 200 amps  which caps you at 100amps or so for mining even if you do three 30 amp 240 circuits

You have 90 x 240 x .80 watts or 17 kwatts.   so this would be 15 s-7's as  a max  that is 72 th

 72 th earns .59btc a day

when I was doing gpus and was using 6-7 kwatts  back in 2012 I was earning 1 btc a day

So in btc power cost we are losing.

17 kwatts gets .59btc  2015  using gear that spends .25  watts a gh

7 kwatts gets 1 btc      2012 using gear that spends  300 watts a gh

so with gear that is 1200 x better   1 btc costs  28.8 times the power

price factors into this  

2012 price 10 bucks
2015 price 240 bucks

the is 24 x     but power is 28.8 x

so The cost to get a coin is worse.

more on this as the  price for gear in 2012 was  22 x 350 =7k gpus  and 3k in pc parts or 10k
15 s-7's cost = 15 x 1650 or 24750

so 2012 = 10k
2015 = 24.750k  make it 25k

so gear is 2.5x the price

All this is killing home mining and all mining.

once you factor all this in it is 3x more costly to get  a coin in 2015 then in 2012.  Not good at all  or is btc undervalued and should be 720 usd not 240 usd?

I'm fairly certain if the price raise by that much, there will just be more massive data center that get onlined and profitability will more or less be back to the same with the difficulty increase.

After all, the profitability is decided by what the majority pay, not what we pay, so we're pretty much just being dragged along, whether you have 50A capacity or 200A capacity.
For a home, you may have access to 90A 240V which is much better than my conservative 70A at 120V vs a max of 125A for my complete apartment.

The difference between now's hardware and then's hardware (2012) is even if now it cost 2x more, it should be profitable for longer.

But our real only advantage is as you say, we make use of the heat if we needed it either way. But there is a limit to that as its not like we need 10kW heating 24/7.

So Home miners have it very hard right now, and very cheap electricity cost is needed. Like access to Hydro electricity or such. That way you can rush and buy all the S5 when the mass of home miner rush to the S7. As we expected many S5 has fallen down for sale with the S7's coming.

[AriesIV10]

I am getting a little depressed.  I received 5 miners so far and running all of them at the standard freq of 600.  My ave gh/s for these are 4744, 4738, 4513, 4480 and 4276.  They are having me do some troubleshooting by changing out power supplies (I have all Platinum) and then test each card individually.  I ordered 4860gh/s machines!  Very frustrating!!!  

[philipma1957]

I am getting a little depressed.  I received 5 miners so far and running all of them at the standard freq of 600.  My ave gh/s for these are 4744, 4738, 4513, 4480 and 4276.  They are having me do some troubleshooting by changing out power supplies (I have all Platinum) and then test each card individually.  I ordered 4860gh/s machines!  Very frustrating!!!  

well  maybe it is not so bad.

4744
4738


4513 ------- check your error rates
4480 -------   "       "       "      "
4276 -------   "       "       "      "

 First do  a soft reboot on the 3 shitty ones. See my thread on this

https://bitcointalk.org/index.php?topic=1196671.0

if they are still bad then swap cards.

[RichBC]

That is very annoying. Are you sure you are giving the Miner long enough for the Hash rate to stabilise?

If you do get to measure each of the 15 Hash boards separately please post up the results as it will be interesting to see the variance in boards.

Rich

[philipma1957]

I am getting a little depressed.  I received 5 miners so far and running all of them at the standard freq of 600.  My ave gh/s for these are 4744, 4738, 4513, 4480 and 4276.  They are having me do some troubleshooting by changing out power supplies (I have all Platinum) and then test each card individually.  I ordered 4860gh/s machines!  Very frustrating!!!  

well  maybe it is not so bad.

4744    these are  close to normal
4738    these are  close to normal


4513 ------- check your error rates
4480 -------   "       "       "      "
4276 -------   "       "       "      "

 First do  a soft reboot on the 3 shitty ones. See my thread on this

https://bitcointalk.org/index.php?topic=1196671.0

if they are still bad then swap cards.

[Prelude]

Well, after all discussions here, are the S7 is good thing to enforce the mining farm with? Sure, their efficiency is good (and it's definetely the best available for upper-home level miner for now), but what about their reliability?  

I don't know, seem pretty hit and miss again. And the price is pretty hefty too. I think people that have acceptable electricity costs should stick with S5's and just let the S7 decrepit in price and prove itself first.

Unless your electricity cost is too high, then you could get a S7 but at that electricity cost i'm not even sure you can ROI the S7 before the halving with such electricity cost. At which point i doubt they will be worth more in 6 months than what a S5 is worth now.

An S5 is worth ~ $300 now.  Your way off thinking an S7 will be worth $300 in 6 months.  

I am? Then how much do you think a S7 will be worth with the halving? The S7 will suddenly less efficient then than the S5 is efficient now. So how am i way off? The S7 is not only very overpriced right now, it is also not that efficient. Competitors have 0.15 and 0.06 efficiency chips. I don't see the S7 being worth much at all then, just nope.

Don't worry, I'm sure bitmain has 0.06 and 0.15 chips too. We'll get those in a few months when they're done selling their old S7s.

[VirosaGITS]

Well, after all discussions here, are the S7 is good thing to enforce the mining farm with? Sure, their efficiency is good (and it's definetely the best available for upper-home level miner for now), but what about their reliability?  

I don't know, seem pretty hit and miss again. And the price is pretty hefty too. I think people that have acceptable electricity costs should stick with S5's and just let the S7 decrepit in price and prove itself first.

Unless your electricity cost is too high, then you could get a S7 but at that electricity cost i'm not even sure you can ROI the S7 before the halving with such electricity cost. At which point i doubt they will be worth more in 6 months than what a S5 is worth now.

An S5 is worth ~ $300 now.  Your way off thinking an S7 will be worth $300 in 6 months.  

I am? Then how much do you think a S7 will be worth with the halving? The S7 will suddenly less efficient then than the S5 is efficient now. So how am i way off? The S7 is not only very overpriced right now, it is also not that efficient. Competitors have 0.15 and 0.06 efficiency chips. I don't see the S7 being worth much at all then, just nope.

Don't worry, I'm sure bitmain has 0.06 and 0.15 chips too. We'll get those in a few months when they're done selling their old S7s.

Thankfully i am not too worried, i always suspect such "conspiracy" to be the case. I'm just annoyed that they're selling the S7 for so much and people defending its value. I think at this pace, some home miner will be in for a pretty bad return on their investment with the halving.

Bitmain already said their next stuff would be 16NM so its likely they already have a progress toward this. They might be waiting for a higher production capacity however, since producing chip toward the technological limit is always low yield.

[philipma1957]

When does the current holiday end?

this says the third

[suchmoon]

When does the current holiday end?

They take a ~ week off.

Bitmain says shipments for other stuff will resume October 8 but no word on S7 Batch 1 of course  


Edited 2020-11-28 to fix a broken image

[AriesIV10]

I am getting a little depressed.  I received 5 miners so far and running all of them at the standard freq of 600.  My ave gh/s for these are 4744, 4738, 4513, 4480 and 4276.  They are having me do some troubleshooting by changing out power supplies (I have all Platinum) and then test each card individually.  I ordered 4860gh/s machines!  Very frustrating!!!   

well  maybe it is not so bad.

4744
4738


4513 ------- check your error rates
4480 -------   "       "       "      "
4276 -------   "       "       "      "

 First do  a soft reboot on the 3 shitty ones. See my thread on this

https://bitcointalk.org/index.php?topic=1196671.0

if they are still bad then swap cards.

Here are my stats.  I will test each card individually this weekend on #3, #4 and #1.  I have reset each of this with a soft-reboot and hardboot.

#    Ave gh/s  Freq      Temp       HW         Elapsed
2       4744     600    54,54,56   0.0011%    7D
5       4738     600    52,52,55   0.0235%   10D
3       4513     600    53,54,55   0.0384%    7D
4       4480     600    54,53,55   0.0985%    6D
1       4276     600    49,46,44   0.1174%    12hrs (this one is upstairs and has a/c)

[RichBC]

So a strong correlation between the Hash Rate & the Error Rate, but seems to be having a greater effect on the Hash than I would expect? I guess No 1 does not like the cold.  Would be instructive to drop the Frequency to 575MHz and see what that does to the Hash & Error Rate.

Rich