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

[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.

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

Speculators are everywhere, so no one can actually save from them.
What I am saying that there should more reliable coins that could be mined and traded like the others so difficulty of BTC net wont raise so fast.
I am know people who code and promote many altcoins have really good intentions and plans, interesting and great ideas to serve people.

[TheRealSteve]

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? 

'production' in a press blurb can refer to anything, including e.g. the design process.  tape-out does come before manufacture, which is at least a bit more restrictive of a term.

[generalt]

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

It's still early and I'm hoping that's just a bad estimate for the next difficulty jump.  It should be more accurate in a few days.

[dog1965]

Through all the BS talk bottom line the BTC market is going to crash or the home miner is going to be left out in the cold. Like I said BTC is only for the rich and greedy end of story you will see.

[dimke_yu]

I hope you are wrong...

[notlist3d]

I hope you are wrong...

I hope he is wrong aswell.  I don't see BTC doing a crash right now.  But two big dificulty changes in a row it's looking. That is not good.

If it does not settle down it's hard to say what will happen.

[QuintLeo]

Hint. Even when working with mature process nodes (which 14/16nm is NOT) it usually takes months to go from "tapeout" to "full production" on a chip.

 I still don't expect to see repeated 5% diff increases even with the new stuff comming out, but I'm not using 2% as my "diff increase for ROI calculation" estimate for the next few months.
 I DO suspect we're going to see a major DROP in diff shortly after the halfing, though I also suspect it'll take a few months for the "non-profitable" machine operators to realise that they're loosing money and to drop those machines out of the hashrate even after such a sudden drop.

 *goes back to shopping for adjustable EFFICIENT power supplies to give my S5s a fighting chance at RoI*

[dog1965]

even if they come out with 16nm chip miners the price will be way to expensive for your average home miner to afford and the rich will buy them all up because they can and will double or increase there greedy hashrate and send the global hashrate through the roof then DIFF will go through the roof and BTC will drop to $0.00 per coin CRASH!!!!!!!!!!!!!

Even if your average home miner drops out it will not bring down the global hashrate to much because there are to many rich and greedy in the game. open your eyes its happening already. the rich and greedy destroy every good thing they get there stinking hands on. perfect example Donald Trump if you live in the usa.

Decentralized market what a joke.

[carlosmnk]

Both difficulty and global hash rate are rising... So, i think there are some new miners somewhere... and if Bitfury  (or anyone) releases a x20 times more efficient miner, the actual miners will be obsolet on next day... 

[AriesIV10]

I am just waiting for my machines to arrive and get mining.  I am also in the mean time looking for some industrial space to obtain some of that industrial electric to further reduce my costs. 

[Tupsu]

I am just waiting for my machines to arrive and get mining.  I am also in the mean time looking for some industrial space to obtain some of that industrial electric to further reduce my costs. 

You still have a month to wait....

[dog1965]

I am just waiting for my machines to arrive and get mining.  I am also in the mean time looking for some industrial space to obtain some of that industrial electric to further reduce my costs. 

perfect example why the mark will crash no disrespect.

[dog1965]

Both difficulty and global hash rate are rising... So, i think there are some new miners somewhere... and if Bitfury  (or anyone) releases a x20 times more efficient miner, the actual miners will be obsolet on next day... 

YES all those s5+ BITMAIN just sold.

[xstr8guy]

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

If I remember correctly, Bitmain never used the pre-sale model to fund their company even with the S1. And they've always built miner for themselves and mined from day 1. Sure, they used profits from sales to the public to grow the company. But they were never "brought up from nothing" by us home miners. We were lucky to share in their success.

[xstr8guy]

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

Lol, you posted this on September 4th. There aren't 3 more difficulty adjustment between now and mid-September.   

[dog1965]

BTC Crash Crash Crash Crash Crash WATCH! Just watch the global hash rate after all those S7's ship out.

[9feet]

Trollboxer@btc-e just found a new home i think 

[gentacomp]

To expensive, need more disc...

When S2 release it has less than 3 month BEP (include tax)
When S3 release it has less than 6 month BEP (include tax)
When S5 release it has less than 9 month BEP (include tax)
When S7 release it has more than 12 months BEP (include tax)

*All without incr of diff

[AriesIV10]

To expensive, need more disc...

When S2 release it has less than 3 month BEP (include tax)
When S3 release it has less than 6 month BEP (include tax)
When S5 release it has less than 9 month BEP (include tax)
When S7 release it has more than 12 months BEP (include tax)

*All without incr of diff

What is BEP???

[Biodom]

To expensive, need more disc...

When S2 release it has less than 3 month BEP (include tax)
When S3 release it has less than 6 month BEP (include tax)
When S5 release it has less than 9 month BEP (include tax)
When S7 release it has more than 12 months BEP (include tax)

*All without incr of diff

fits the economic theory-which monopolist ever reduced prices?
competition is needed, but is sorely lacking
I am surprised that there is no second chinese company at par with BM, not even considering US or Europe.
AM is gone, others seem to be half as organized and "internalionalized" as BM.