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Author Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH  (Read 527635 times)
notlist3d
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January 17, 2016, 10:42:10 PM
 #6581

Are there any losers you have not shown?   It seems like you could have not been right 100 percent of time?

The Nov.4 purchase has been my only loser (so far; given the price of ~$385 USD at the time of this posting). I got caught in the emotion of that rally, and went against my better judgement.

Thanks for sharing.  I have to give you some credit that is a pretty solid investment portfolio on BTC buying.

Any system you use?  Or just buying when you feel it's low?
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January 17, 2016, 11:09:38 PM
 #6582

Any system you use?  Or just buying when you feel it's low?

No system. Gut feel.
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January 18, 2016, 12:20:12 AM
 #6583

I bought Batch 1 S7's and yes, buying BTC would have been a better investment. But i had the BTC not the fiat. However:

1. Bitcoin would be worthless if noone "mines it" and processes the transactions. This also applies to the pools mining blocks and including no transactions.

2. I have not had to turn on my furnace yet this year, buying BTC would not keep my house warm. (Last couple of days it has been in the 30's F here and the house @ 75+F with a couple windows partially open.

I hope noone takes this the wrong way. I mostly am trying to make myself feel better about spending 8+ BTC on something selling for 2.4 BTC only 4 months later.

I will most likely be ordering another S7 soon.  Cheesy
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January 18, 2016, 12:45:06 AM
 #6584

I bought Batch 1 S7's and yes, buying BTC would have been a better investment. But i had the BTC not the fiat. However:

1. Bitcoin would be worthless if noone "mines it" and processes the transactions. This also applies to the pools mining blocks and including no transactions.

2. I have not had to turn on my furnace yet this year, buying BTC would not keep my house warm. (Last couple of days it has been in the 30's F here and the house @ 75+F with a couple windows partially open.

I hope noone takes this the wrong way. I mostly am trying to make myself feel better about spending 8+ BTC on something selling for 2.4 BTC only 4 months later.

I will most likely be ordering another S7 soon.  Cheesy

LOL.  I've calculated it over and over again hundreds of times since they announced the price of the batch 1 S7 and in like 90% of the models it just doesn't make sense to buy a S7 for me.  Even now at BTC2.4 it still doesn't make financial sense to get one but damn it I ordered one anyway and I'm still considering getting another one as well!  Cheesy

BTC: 1GENERALrtBAjEv2Ps5cmEW1FADnXh1bCZ
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January 18, 2016, 02:15:17 AM
 #6585

Anyone here mining in UK with some S7 units know the cost of import tax and also what the costing in terms of kwh to keep running 24/7? Tempted to grab a unit or 2 but need some details on power use over a 24 hour time frame and what it is bringing in in terms of BTC

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January 18, 2016, 06:17:46 AM
 #6586

It would seem that you could downclock a Batch 8/9 S7 to roughly approximate the Avalon 6 in terms of power and hashrate (maybe a little better). If you do that, can you dial the fan down enough to more nearly approximate the Avalon 6 in terms of sound?

Anybody got any experiences to share on making an S7 a bit more livable strictly by adjusting the frequency?
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January 18, 2016, 07:59:53 AM
 #6587

Just to follow up on my compensation email:

"We've already explained to you that ,our sales team have compensated customers with specific

orders, if they have not sent the compensations to your account ,that means you are not in the list ."
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January 18, 2016, 11:35:38 AM
 #6588

Yeah boy! Just got an e-mail telling my that my 2pcs Antminer S7 batch 9 have been shipped!
(I made the order in 27th Dec.)

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January 18, 2016, 11:38:39 AM
 #6589

Yeah boy! Just got an e-mail telling my that my 2pcs Antminer S7 batch 9 have been shipped!
(I made the order in 27th Dec.)


Great thanks for the info i have made the order on 31... so the shipping date is close

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January 18, 2016, 02:52:22 PM
 #6590

Do they send you an email when they ship out your unit or does everybody just keep logging in to check their order status?

they send email. Also I find I get the email notice and updated on account a day or two after they have been shipped.

I would find out faster that my unit was sent by notice from my UPS account. If your using UPS you need to open a free account with them and once Bitmain prints out a label you will be notified. I also use this account to change the delivery to my local UPS store so I don't miss the delivery if nobody is home to sign for it. Just stop at the UPS store after work and show my ID to pick up the package.
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January 18, 2016, 03:22:44 PM
 #6591

Do they send you an email when they ship out your unit or does everybody just keep logging in to check their order status?

they send email. Also I find I get the email notice and updated on account a day or two after they have been shipped.

I would find out faster that my unit was sent by notice from my UPS account. If your using UPS you need to open a free account with them and once Bitmain prints out a label you will be notified. I also use this account to change the delivery to my local UPS store so I don't miss the delivery if nobody is home to sign for it. Just stop at the UPS store after work and show my ID to pick up the package.

Clever.
Before i started doing this, I once had a miner show up before I got an email that it was shipped. Luckily I was home. Smiley
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January 18, 2016, 03:32:47 PM
 #6592

Do they send you an email when they ship out your unit or does everybody just keep logging in to check their order status?

they send email. Also I find I get the email notice and updated on account a day or two after they have been shipped.

I would find out faster that my unit was sent by notice from my UPS account. If your using UPS you need to open a free account with them and once Bitmain prints out a label you will be notified. I also use this account to change the delivery to my local UPS store so I don't miss the delivery if nobody is home to sign for it. Just stop at the UPS store after work and show my ID to pick up the package.

Clever.
Before i started doing this, I once had a miner show up before I got an email that it was shipped. Luckily I was home. Smiley

The best part is it helps keep the wife from finding out about me buying "another miner" ....😇
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January 18, 2016, 04:47:47 PM
 #6593


The best part is it helps keep the wife from finding out about me buying "another miner" ....😇

ha ha...I've been there, but you'll have to confess at some point...or not.
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January 18, 2016, 05:23:01 PM
 #6594

Isn't it better to buy s7 ghs from hashnest since it's alot cheaper than purchasing the physical miner? And it will also be shipped to you eventually when they shut them down :-p

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January 18, 2016, 05:29:55 PM
 #6595

Isn't it better to buy s7 ghs from hashnest since it's alot cheaper than purchasing the physical miner? And it will also be shipped to you eventually when they shut them down :-p

A lot cheaper how? 0.24cents/GH is not really any cheaper, its actually fairly more expensive and you pay a very high fee for the "hosting". The S7 goes for like .2 now, albeit before shipping + duty etc, and without a PSU.


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January 18, 2016, 05:40:37 PM
 #6596

Got an email as well saying my Batch 9 are shipping

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January 18, 2016, 06:47:21 PM
 #6597

Got an email as well saying my Batch 9 are shipping
When did you ordered?

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January 18, 2016, 08:09:39 PM
 #6598

My order for Dec 26th is showing as shipped.  The order for Dec 31st have not shipped yet.   Seems like Bitmain is going based on fulfilling the earlier orders first which makes sense.  Happy they are shipping on time / early. 

Just "Mining" my own business.
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January 18, 2016, 08:32:02 PM
 #6599

My order for Dec 26th is showing as shipped.  The order for Dec 31st have not shipped yet.   Seems like Bitmain is going based on fulfilling the earlier orders first which makes sense.  Happy they are shipping on time / early. 
Thanks for sharing this info!

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January 18, 2016, 10:06:29 PM
 #6600

I believe that it was Xian01 who instead of buying a S7 bought BTC with fiat for the amount that the S7 cost when it first came out.  I think he's probably pretty happy about his choice now but I could be wrong since the price had dropped a bit.
I think it was the other way around. He bought BTC at the yearly highs of around $475 on Coinbase instead of buying an S7. There is a photo of his transaction somewhere on this thread. So its shows how doing either can go either way.
I think you might be right.  I didn't spend too much time trying to find that post and I couldn't recall BTC prices around that time.  I guess we'd have to compare his BTC vs the amount of profit mined from the batch 1 S7 plus the potential resale value of the S7.

Interesting price adjustment from Bitmain.
Decided to do this again instead of buying an S7

Good luck everyone.
Boy did I pick a bad day to buy or what ? *sighs*

Had another urge to buy a miner. A Batch 3 S7.
Decided to do this again, instead.

PACMiC v4 looks to be a loser.
Good luck everyone.

And the buy button just went live, despite the large expense, I wonder how long until they sell out of batch #1?
Good luck to everyone buying these ! Looks like some great gear, but this time around, instead of buying a fancy new miner, I did the following and will HODL.

Lets see which will be the better investment 9 months down the road.

Thanks for sharing.  I love mining and will continue to do it.  But you do show a track record of pretty good investment's which I applaud you for.

Are there any losers you have not shown?   It seems like you could have not been right 100 percent of time?

It has been such a rat race I've pretty much gave up on keeping exact track on my balances. More or less a hobby, but having lots of buys like this has been nice. I bought my first Bitcoins for under $20 when there weren't any public facing sites out there. I still visit the deep web. Way before kiddy sites like Coinbase ever existed. I may sell 5 or 6 perfectly running S5's, but I'm pretty cheap these days. I'd want a favorable offer. I'd even throw in a couple ATX power supplies. I thought there would be a buy/sell area in the mining area but can't seem to find it.


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