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

[dog1965]

well I am out of the game on S7 I just cant afford that ridiculous absurd price oh well LIFE IT A BITCH THEN YOU DIE.

 





















i

[Romanko]

Well, I ordered 9 x S7's.  Wish I could have ordered 10.  I might still order another in a few days.  Hard to say...  I feel like a young boy counting down the days to Christmas again.   

Congrats on your purchase:) wish I could order those now too, but am still in deciding and calculating.

First batch scares me a bit, want to see reviews of it working and so. But on the other hand during they will ROI, some other brands like SP and KN might release new models, and the higher is the risk the difficulty will rise not like during last year (+5% month), and that BTC price will no grow with network difficulty..and so on..

But anyway amazing efficiency in this new unit.

Wonder if Bitmain will continue manufacturing the S5+, or it was just a teaser getting rid of the S5 chips in new cover.

And if they will replace the miners they have in their mining farms with new chip models. They might still have some sale on used the S4, S4+, and S5 miners.

[valkir]

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. 

[Romanko]

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. 

Oh brother...how much TH is in that HEXAHASH? 10000?

[jonnybravo0311]

Hexa is 1000 Peta.

[TheRealSteve]

*exahash

And BitFury only announced tape-out.  Takes a while after that for things to be fabbed, packaged, etc.

[Romanko]

Hexa is 1000 Peta.

ha-ha-hash is coming sounds like a sort smoking stuff thing

Wow thats damn a lot..looks like BTC will have the net difficulty doubled or tripled in next year.
It would be good if the BTC price will raise with the net difficulty.
Or there will be more people mining reliable altcoins.
In the sea of new coins there should be some something worth of mining with the SHA256 gear.

[torepia]

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. 

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead

Btw, my grammar is horrible!  

[notlist3d]

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7.  

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead

Btw, my grammar is horrible!  

They no doubt are releasing it trying to get some large clients to wait.   The efficiency difference is pretty big.   So we will see if they release more or not.  I think they will remain a little quiet until as bitmain pumps out a lot fo S7's.

As far as them reachig a exahash I don't see it anytime soon.   I want to reach a  exahash... but I will never get it.   So saying he want's it is not commuting to it.

But big thing is look at difficulty ... it still is going up.  2 decent changes in a row.

[TheRealSteve]

In the sea of new coins there should be some something worth of mining with the SHA256 gear.

Nope.  None of the altcoins launching now would do anything with SHA256 as a major mining component as it would mean an immediate influx of hash rate from even the lowest-end of devices, making it very easy to force chain forks.  The code to help prevent that is additional work that can much more easily be avoided by choosing different algorithms.

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."
The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

Yeah, that's referencing February of 2015 - i.e. last February.  You can check out CoinTerra's old timeline for their chip in https://en.bitcoin.it/wiki/ASIC .  Things should be a bit more streamlined now if one were to use older node sizes, but given that BitFury has moved to 16nm, who knows what the timeframe between tapeout and chips in hand would be.

As for selling to the public.. that remains to be seen.  They're entertaining investment opportunities, but not really general hardware sales.  I haven't seen any public statements of their 28nm chip being used in the wild, let alone sales.

Anyway, Bitmain's miner is available now and I hope chip sales follows

Warning - while you were typing a new reply has been posted. You may wish to review your post.

re: that post ... exahash, not hexahash

[d57heinz]

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)


Best Regards
d57heinz

[Tupsu]

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)


Best Regards
d57heinz

But Antpool is only 68.13 PH/s
Thus, nothing to do with S7

[dog1965]

here we go more S7's online and soon BITFURY miners to there goes the hash rate through the roof along with the DIFF while the price of the coin itself dropping I can see a very big bitcoin market crash coming soon!

then all miners will be worth $0.00 dollars. anyway bitcoin is for the rich and greedy the fun is long gone. "UNLESS YOUR RICH".

 

[d57heinz]

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age

Bitcoin Difficulty:   56,957,648,455
Estimated Next Difficulty:   61,145,264,485 (+7.35%)
Adjust time:   After 1994 Blocks, About 13.5 days
Hashrate(?):   422,292,973 GH/s
Block Generation Time(?):   
1 block: 9.8 minutes
3 blocks: 29.3 minutes
6 blocks: 58.6 minutes
Updated:   7:55 (6.1 minutes ago)


Best Regards
d57heinz

But Antpool is only 68.13 PH/s
Thus, nothing to do with S7

It has everything to do with it.  You think that the other manufacturers are going to sit by while bitmain floods the market with more hash? Although at that price i cant imagine anyone biting.. But anyway.. You will see soon enough..Just remember bitmain arent shipping these paper weights till mid september.  3 more diff adjustments.. And then to save face they will throw a coupon at ya big enough to hope you bite on another machine lol..

Best Regards
d57heinz

[Xian01]

Its no coincidence now that they have sold the majority of s7 now they will ramp up the hash to squeeze you all out.. A shame really.. since we are the ones that brought this up from nothing. THE MINERS. Typical they build off the backs of us and when they are done they will throw us to the side.. This day and age

Preach it, brother

[Liquid71]

With the new chip of bitfury at 0.06 w/gh and the fact that the CEO said he want to reach HEXAHASH, I dont know if I will buy a S7. 

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."

The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

The fact that this statement came right after Bitmain's release of the S7, makes me think they are trying to influence S7 sales by making the decision to buy one harder. (Uncertainty around future difficulty increase).
In the end, the difficulty is the number 1 factor to if you're going to get ROI or not. <- And the excitement around diff is whats keeps me mining, its fun and makes following the community a lot more fun.

If you are looking for this kind of excitement, you should buy one. If not, buy coins instead

Btw, my grammar is horrible!  

Pretty sure that means they first revealed to the public that they were working on the chips this past Feb. now that tapeout has completed they are close to mass production

[GSpgh]

sorry for coupon spam but im not getting any response in my marketplace thread

if youre willing to sell an s7 coupon please let me know

id like to buy one: https://bitcointalk.org/index.php?topic=1168390

[torepia]

In the sea of new coins there should be some something worth of mining with the SHA256 gear.

Nope.  None of the altcoins launching now would do anything with SHA256 as a major mining component as it would mean an immediate influx of hash rate from even the lowest-end of devices, making it very easy to force chain forks.  The code to help prevent that is additional work that can much more easily be avoided by choosing different algorithms.

"BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February."
The way I see this is: They won't start producing the chips before february. Unless the above statement actually implies starting production earlier. Either way they will probably need a couple of months to test the product before selling it to the public (read: Mining companies).

Yeah, that's referencing February of 2015 - i.e. last February.

So Steve and Liquid: So they are basically 1 year behind schedule? I guess tape-out comes before production. And original production date was in february? 

[Romanko]

In the sea of new coins there should be some something worth of mining with the SHA256 gear.

Nope.  None of the altcoins launching now would do anything with SHA256 as a major mining component as it would mean an immediate influx of hash rate from even the lowest-end of devices, making it very easy to force chain forks.  The code to help prevent that is additional work that can much more easily be avoided by choosing different algorithms.

Does it mean we will have no other reliable coin mined on SHA256 that can easily be converted to BTC?
Its sad the same algorithm network could powered by a huge amount of middle-small miners. But the coin should be oriented for them.
Big fishes who have mine sites over 5-10 PTH can make a move in powering some fork coin of BTC, and there would many followers from middle and small mining sites. There are many bright heads who know how to promote and make another coin live.

here we go more S7's online and soon BITFURY miners to there goes the hash rate through the roof along with the DIFF while the price of the coin itself dropping I can see a very big bitcoin market crash coming soon!

then all miners will be worth $0.00 dollars. anyway bitcoin is for the rich and greedy the fun is long gone. "UNLESS YOUR RICH".

S7 is another step in evolution and many will try to get rid of their custom made mining sites like this one built on bitfury blades:
https://bitcointalk.org/index.php?topic=1167388.0
For example Georgia (the country)) has its state custom made mining site, that is similar to size to mentioned above, and also is built by Bitfury.
So I wonder what are Spondoolies, KNC, occupied with? are they constantly making giant mining sites like those? Most Probably yes.
And for sure at this very moment multiple PTH farms are launched by the market leaders and the factories are full of orders for chips for next 3-4 month.

Venture capital is finding its ways into cryptocurrency world like water - cloud mining, or new chip mass production, new changers etc.
Pity they don't really occupy themselves in creating some options for care about the inviroment, the market is pushing them forward.

 

[torepia]

In the sea of new coins there should be some something worth of mining with the SHA256 gear.

Nope.  None of the altcoins launching now would do anything with SHA256 as a major mining component as it would mean an immediate influx of hash rate from even the lowest-end of devices, making it very easy to force chain forks.  The code to help prevent that is additional work that can much more easily be avoided by choosing different algorithms.

Does it mean we will have no other reliable coin mined on SHA256 that can easily be converted to BTC?
Its sad the same algorithm network could powered by a huge amount of middle-small miners. But the coin should be oriented for them.
Big fishes who have mine sites over 5-10 PTH can make a move in powering some fork coin of BTC, and there would many followers from middle and small mining sites. There are many bright heads who know how to promote and make another coin live.

Why would you want another SHA256 alt-coin? Pump n dump?