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

[dmwardjr]

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

Thanks for clarifying about it being pricing of rigs and not bitcoin.

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

[adaseb]

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

Thanks for clarifying about it being pricing of rigs and not bitcoin.

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

Aren't you the guy who posted photos in the "miners porn" thread? You had that "kid" constantly harassing you.

I remember you had a nice setup, sad that you are getting out of the mining game.

[padrino]

That is assuming they are only one selling when it happens .  If there are other vendors out there it is much different.

The S5 was unique as it kept making many when other vendors stopped previous gen.  So they kinda had control of market and could do what they wanted.  If there is even just one more company out there releasing to general public it will cause at least stop some hiking of the price.

I'm assuming you are saying it will halt the hiking of price because there will be more people selling it [creating downward pressure on the markets]?

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

And I don't disagree other companies is going to be slim.  But there is a little hope of others.

Totally agree... At the end of the day Bitmain isn't a charity, and while they, like other companies in the space can honestly (I hope) state they do enjoy being in the space, it's about profit...

Far too many people still have this utopian home GPU miner hobbyist view of the crypto currency ecosystem (most directly SHA-256), while it's great to believe in the greater good the reality is that at the end of the day it's about profit, if not for the founders of the companies, the investors that helped build them.

[dmwardjr]

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

Thanks for clarifying about it being pricing of rigs and not bitcoin.

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

Aren't you the guy who posted photos in the "miners porn" thread? You had that "kid" constantly harassing you.

I remember you had a nice setup, sad that you are getting out of the mining game.

Yes, I'm the one who had that "kid" constantly harassing me.  But hell, a lot has changed since then.  I never expected Spondoolies to stop selling to home miners and stop providing competition in the home mining arena.  A LOT has changed.  I want to continue mining.  It's just too many unknowns at the moment.  I want to barrel ahead and continue but I also want to be smart.  It's possible I could still buy 9 or 10 S7's.  I will say this though:  If I buy 9 or 10 units here soon, that means I'm going to Washington State.  No way in hell will I continue here in Alabama with 10.6 cents per kWH at present difficulty and price of bitcoin.  Yes, I can make enough money here to ROI more than likely, but not near as much as Washington State.  At nearly $2,000 each rig, it's quite a gamble with all the unknowns.

[dmwardjr]

Totally agree... At the end of the day Bitmain isn't a charity, and while they, like other companies in the space can honestly (I hope) state they do enjoy being in the space, it's about profit...

Far too many people still have this utopian home GPU miner hobbyist view of the crypto currency ecosystem (most directly SHA-256), while it's great to believe in the greater good the reality is that at the end of the day it's about profit, if not for the founders of the companies, the investors that helped build them.

No, can't blame them.  I would want to make money too if I were them.  It's not just them and the S7 I'm worried about.  It's KnC and Spondoolies as well.

[Unacceptable]

Totally agree... At the end of the day Bitmain isn't a charity, and while they, like other companies in the space can honestly (I hope) state they do enjoy being in the space, it's about profit...

Far too many people still have this utopian home GPU miner hobbyist view of the crypto currency ecosystem (most directly SHA-256), while it's great to believe in the greater good the reality is that at the end of the day it's about profit, if not for the founders of the companies, the investors that helped build them.

No, can't blame them.  I would want to make money too if I were them.  It's not just them and the S7 I'm worried about.  It's KnC and Spondoolies as well.

Your forgetting about Bitfury.......they can't be far from next gen release either 

So that's 3 not selling to home miners=only Bitmain,they do have a corner on the market 

[alienesb]

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

Thanks for clarifying about it being pricing of rigs and not bitcoin.

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.

[notlist3d]

I'm saying if there are other companies selling mining gear chances of hiking price is slimmer ( I think).   They were making S5's when SP20, and Avlaon 4.1 had stopped making batches.

That kinda gave them 100 percent their choice on pricing.  And I am not saying I blame them or horrible company.  I'm sure it was all a business decision.  I can understand it even thought I don't like it.

Thanks for clarifying about it being pricing of rigs and not bitcoin.

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.

A lot of the gear does not come offline though it moves to a cheaper electricity area.  I think someday we will get a lot of A1 and old bitfurry gear off network.  But when I do not know.

Some places are able to get electricity for extremely cheap.  And not surprisingly they will milk every last drop of profit.  But miners at this point have a few owners in most cases kinda going down a chain of lower electricity.

[charles2k]

I heard that they are some discount coupons even more than 100USD. Is it true?

[bigredbutton]

Anyone know approximately how loud the S7 fans are? S3 loud or S5 loud? Big difference there. I'm about to sell my two Avalon 4.1's to upgrade. Free cookies to anyone in the continental US with a couple extra S7 coupons willing to send'em my way. :3 Bart's Bakery cookies btw. cookie bribe usually works on me. 

bitmain ID:Kidkaboom

[Tupsu]

Anyone know approximately how loud the S7 fans are? S3 loud or S5 loud? Big difference there. I'm about to sell my two Avalon 4.1's to upgrade. ............

The correct answer is   S5+ loud.

............ Free cookies to anyone in the continental US with a couple extra S7 coupons willing to send'em my way. :3 Bart's Bakery cookies btw. cookie bribe usually works on me. 

bitmain ID:Kidkaboom

3 coupon giving a discount today
24.546 BTC  3x S7 with shipping
23.227 BTC
...................
1.319BTC

[chiguireitor]

Anyone know approximately how loud the S7 fans are? S3 loud or S5 loud? Big difference there. I'm about to sell my two Avalon 4.1's to upgrade. ............

The correct answer is   S5+ loud.

My wife likes to call them all the "Jet Engines" when starting up, then when they spin down they are just "Vacuum cleaners" hehehehe

[dmwardjr]

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.

Thank you for your input as well, alienesb!!!

I like hearing from both sides.  I believe I'm going to go ahead and take the plunge.  It's a gamble... but what the hell.  I'm a gambler at heart!  I'm ordering 9 right now and another 41 to 46 the end of December if the difficulty hasn't gone crazy.

By the way, does anyone have S7 coupons they are willing to let go of?

[valkir]

Cant wait to see your new setup dmwardjr 

[torepia]

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.

Thank you for your input as well, alienesb!!!

I like hearing from both sides.  I believe I'm going to go ahead and take the plunge.  It's a gamble... but what the hell.  I'm a gambler at heart!  I'm ordering 9 right now and another 41 to 46 the end of December if the difficulty hasn't gone crazy.

By the way, does anyone have S7 coupons they are willing to let go of?

Damn, I wish I had room for that many.. How about I buy into the 41-46 order? Aka. you host a couple for me? ^^

[notlist3d]

I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners.  It will be rough in the beginning for them but they will ultimately push everyone out.  The chances of them doing this during the winter is not as good as this coming spring.  So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty.  I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network.  The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it.  That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.

I'm just thankful I have sold all of my rigs.  I had 44 rigs.  I have two S5's and one S3+ remaining.  Their auction is almost over on eBay now.  I had a couple of S4's sell for over $600.  The other S4's were around the $550 to $570 range.  I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping.  S5's have been going for around $365 on eBay lately.

I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.

Thank you for your input as well, alienesb!!!

I like hearing from both sides.  I believe I'm going to go ahead and take the plunge.  It's a gamble... but what the hell.  I'm a gambler at heart!  I'm ordering 9 right now and another 41 to 46 the end of December if the difficulty hasn't gone crazy.

By the way, does anyone have S7 coupons they are willing to let go of?

Damn, I wish I had room for that many.. How about I buy into the 41-46 order? Aka. you host a couple for me? ^^

How are you hosting that many?  I felt like i was decent on mining with my 100 amp mining setup.... but dang 50+ of these things.   That is a lot of power.

[chiguireitor]

[...]

How are you hosting that many?  I felt like i was decent on mining with my 100 amp mining setup.... but dang 50+ of these things.   That is a lot of power.

I've gone the route of multisite mining... Having one dense spot of miners is overkill for most.... However, multisite is a PITA when you have outages and such.

[dmwardjr]

Cant wait to see your new setup dmwardjr  

I WILL TAKE THE PICS DOWN IN A COUPLE OF HOURS MODERATOR...

There won't be much change other than gear.  I sold all of the S3's, S3+'s, S4's, S5's and SP20's.  Well, I still have two S5's and one S3+ remaining but their auctions end in 3 days.  I had to re-list them.  That was a bad number to re-list after 44 auctions.  Only 3 of them didn't pay because they were all zero feedback winners who did not pay.  Hopefully, I don't have zero feedback eBayer's win any of these last 3 auctions.

Here's a pic of what "was."  [The S5's were not available yet when this picture was taken].  That is NOT burn marks on the wall.  That is where I painted cast iron staircase spindles against the wall.



Here it is now with my last two S5's and one S3+.  This mining closet is itching for some new HW.  You might notice the grilles installed in the door on the side where I had most of my rigs.  It worked out quite well with the 14,400 CFM exhaust fan suck air through those grilles into the rigs.



Here is a pic of the outside of it:

[notlist3d]

Cant wait to see your new setup dmwardjr  

I WILL TAKE THE PICS DOWN IN A COUPLE OF HOURS MODERATOR...

There won't be much change other than gear.  I sold all of the S3's, S3+'s, S4's, S5's and SP20's.  Well, I still have two S5's and one S3+ remaining but their auctions end in 3 days.  I had to re-list them.  That was a bad number to re-list after 44 auctions.  Only 3 of them didn't pay because they were all zero feedback winners who did not pay.  Hopefully, I don't have zero feedback eBayer's win any of these last 3 auctions.

Here's a pic of what "was."  [The S5's were not available yet when this picture was taken].  That is NOT burn marks on the wall.  That is where I painted cast iron staircase spindles against the wall.

Thank you for posting!  I do remember your setup man is it very very nice!   

Those amazing pictures jogged my memory.  Good luck on your last auctions!

[notlist3d]

[...]

How are you hosting that many?  I felt like i was decent on mining with my 100 amp mining setup.... but dang 50+ of these things.   That is a lot of power.

I've gone the route of multisite mining... Having one dense spot of miners is overkill for most.... However, multisite is a PITA when you have outages and such.

For me I have a high quality network equipment at one site.   With 100 amp for mining.   That has been more then enough for me for winter.

Multi site i do not envy an outage like you mentioned.   Also on mine I have security system with cameras.  Would get expensive to add some things like that it seems if you spread through to many places.