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Author Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH  (Read 527856 times)
PPOC
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February 13, 2016, 05:25:41 PM
 #7141

Another +25% diff increase is the nail in the coffin for home miners looking to profit (if it isn't completely dead already) without a new ultra efficient cheap home miner coming out on the market within the next 30 days or so (unlikely).

In the past year I've been home mining (plus small data center mining) for an average loss of 30%. In return I get freshly minted coins from Eligius or p2pool. Still beats going to shit places like Coinbase to buy your coins and have them track how you spend them. The S7 has probably allowed me to extend my home mining operation for another 6 months or so. As long as the loss is not too much I prefer to mine my coins rather than buy them.

If you had been mining at Kano for past year you would not be mining at a loss! Check the stats and you will see I'm right. The facts are easy to see. F2 after fees is just as bad as Eligius. Not to mention how bad they are for the long term health of the network.

BTC: 1Bo6YsPeHCrVRygHLJg9BwHeaLSQpppcJi
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone."
hodedowe
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February 13, 2016, 05:33:07 PM
 #7142

Another +25% diff increase is the nail in the coffin for home miners looking to profit (if it isn't completely dead already) without a new ultra efficient cheap home miner coming out on the market within the next 30 days or so (unlikely).

In the past year I've been home mining (plus small data center mining) for an average loss of 30%. In return I get freshly minted coins from Eligius or p2pool. Still beats going to shit places like Coinbase to buy your coins and have them track how you spend them. The S7 has probably allowed me to extend my home mining operation for another 6 months or so. As long as the loss is not too much I prefer to mine my coins rather than buy them.

If you had been mining at Kano for past year you would not be mining at a loss! Check the stats and you will see I'm right. The facts are easy to see. F2 after fees is just as bad as Eligius. Not to mention how bad they are for the long term health of the network.


This is the Kano Advertising thread so of course I wouldn't expect to see anything less than another four pages of ads beginning again...
Oh wait...

Solo mining is alive and profitable!
Helped? Thanks! 1CXRFh4bDVFBsUzoHMMDbTMPcBP14RUTus
PPOC
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February 13, 2016, 05:40:46 PM
 #7143

Another +25% diff increase is the nail in the coffin for home miners looking to profit (if it isn't completely dead already) without a new ultra efficient cheap home miner coming out on the market within the next 30 days or so (unlikely).

In the past year I've been home mining (plus small data center mining) for an average loss of 30%. In return I get freshly minted coins from Eligius or p2pool. Still beats going to shit places like Coinbase to buy your coins and have them track how you spend them. The S7 has probably allowed me to extend my home mining operation for another 6 months or so. As long as the loss is not too much I prefer to mine my coins rather than buy them.

If you had been mining at Kano for past year you would not be mining at a loss! Check the stats and you will see I'm right. The facts are easy to see. F2 after fees is just as bad as Eligius. Not to mention how bad they are for the long term health of the network.


This is the Kano Advertising thread so of course I wouldn't expect to see anything less than another four pages of ads beginning again...
Oh wait...

Don't like Kano, that's fine. Use Bitminter or slush but don't support crap pools like F2, Ant or Eligius that are long term killers of BTC and do more damage then good. Unless you don't care if your coins are worthless.....

BTC: 1Bo6YsPeHCrVRygHLJg9BwHeaLSQpppcJi
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone."
citronick
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February 13, 2016, 05:58:53 PM
 #7144

one of s7 freezes after about an hour powered on - I am trying to deduce what or which component is giving problems. The rigs are currently racked and tied down neatly and taking it out with the PSU will be a hassle. My guess is a bad PSU. I am using the stock 1600w PSU by Bitmain. Anyone had this situation before, comments pls, it would save me a lot of time....

If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
hodedowe
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February 13, 2016, 07:11:30 PM
 #7145

one of s7 freezes after about an hour powered on - I am trying to deduce what or which component is giving problems. The rigs are currently racked and tied down neatly and taking it out with the PSU will be a hassle. My guess is a bad PSU. I am using the stock 1600w PSU by Bitmain. Anyone had this situation before, comments pls, it would save me a lot of time....

Try using another PSU from a close by machine. What are your temps?

Solo mining is alive and profitable!
Helped? Thanks! 1CXRFh4bDVFBsUzoHMMDbTMPcBP14RUTus
hodedowe
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February 13, 2016, 07:11:51 PM
 #7146

Another +25% diff increase is the nail in the coffin for home miners looking to profit (if it isn't completely dead already) without a new ultra efficient cheap home miner coming out on the market within the next 30 days or so (unlikely).

In the past year I've been home mining (plus small data center mining) for an average loss of 30%. In return I get freshly minted coins from Eligius or p2pool. Still beats going to shit places like Coinbase to buy your coins and have them track how you spend them. The S7 has probably allowed me to extend my home mining operation for another 6 months or so. As long as the loss is not too much I prefer to mine my coins rather than buy them.

If you had been mining at Kano for past year you would not be mining at a loss! Check the stats and you will see I'm right. The facts are easy to see. F2 after fees is just as bad as Eligius. Not to mention how bad they are for the long term health of the network.


This is the Kano Advertising thread so of course I wouldn't expect to see anything less than another four pages of ads beginning again...
Oh wait...

Don't like Kano, that's fine. Use Bitminter or slush but don't support crap pools like F2, Ant or Eligius that are long term killers of BTC and do more damage then good. Unless you don't care if your coins are worthless.....


Again, wrong topic for that conversation.

Solo mining is alive and profitable!
Helped? Thanks! 1CXRFh4bDVFBsUzoHMMDbTMPcBP14RUTus
citronick
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February 14, 2016, 01:26:58 AM
 #7147

one of s7 freezes after about an hour powered on - I am trying to deduce what or which component is giving problems. The rigs are currently racked and tied down neatly and taking it out with the PSU will be a hassle. My guess is a bad PSU. I am using the stock 1600w PSU by Bitmain. Anyone had this situation before, comments pls, it would save me a lot of time....

Try using another PSU from a close by machine. What are your temps?

temps are normal low 60s and overall cage temp also ok.

If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
hodedowe
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February 14, 2016, 02:58:42 PM
 #7148

one of s7 freezes after about an hour powered on - I am trying to deduce what or which component is giving problems. The rigs are currently racked and tied down neatly and taking it out with the PSU will be a hassle. My guess is a bad PSU. I am using the stock 1600w PSU by Bitmain. Anyone had this situation before, comments pls, it would save me a lot of time....

Try using another PSU from a close by machine. What are your temps?

temps are normal low 60s and overall cage temp also ok.



Yeah, swap PSUs on it and see if it still behaves erratically. It could also be your controller, I had one that was wonky like that. You could almost set a timer and countdown to when it would die. If so that's hopefully still under warranty.

Let us know what you find in case someone else has the problem.

Solo mining is alive and profitable!
Helped? Thanks! 1CXRFh4bDVFBsUzoHMMDbTMPcBP14RUTus
baazju
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February 16, 2016, 04:15:10 AM
 #7149


Don't like Kano, that's fine. Use Bitminter or slush but don't support crap pools like F2, Ant or Eligius that are long term killers of BTC and do more damage then good. Unless you don't care if your coins are worthless.....
Huh why eligius..?
i thought eligius.st is similar P2Ppool and helping the network..
Eliguis is bad business as well. Empty blocks and such.

Beware of scammers.
notlist3d
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February 16, 2016, 08:49:39 AM
 #7150

Will be interesting to watch we should see batch 10 shipping any time: ANTMINER S7 BATCH 10 - Shipped out from Feb. 16~20
Currently in China:  4:47 PM  Tuesday, February 16, 2016

So I'm guessing not the 16th since no one reported shipping notice.  But should be soon as long as they keep timeline.
dmwardjr
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February 16, 2016, 09:36:10 AM
Last edit: February 16, 2016, 02:06:49 PM by dmwardjr
 #7151

Will be interesting to watch we should see batch 10 shipping any time: ANTMINER S7 BATCH 10 - Shipped out from Feb. 16~20
Currently in China:  4:47 PM  Tuesday, February 16, 2016

So I'm guessing not the 16th since no one reported shipping notice.  But should be soon as long as they keep timeline.

Not sure how many will buy at current prices.

I would almost be willing to bet they decided to keep all of their remaining batch 8 and 9.  Hence, the considerable hash rate increase we saw.  I believe they also hooked up the batch 10 over the holidays for testing purposes.  How many of the batch 10 they keep as well is unknown.

EDIT:  I expect bitcoin price to rise to about $630's to $730's soon.  It will rise to those levels over approximately a 2 month period.

EDIT:  The block halving has changed from July 25th to July 13th now.  I'm anticipating the block halving to take place in late June at the current rate.  This means the pump I'm expecting may peek the end of April or early May then go back down to who knows what.  That's if it takes a similar road LTC took at its block halving.

However, it is possible it could go up higher before falling, like what I'm depicting in the following screen shot.  I have it leveling out at about $450 in June, 2016:


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February 16, 2016, 01:22:44 PM
 #7152

Ill keep you guys updated when they ship mine.
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February 16, 2016, 01:50:47 PM
 #7153

I ordered 5 x Batch 10, waiting for shipping
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February 16, 2016, 01:53:32 PM
 #7154

one of s7 freezes after about an hour powered on - I am trying to deduce what or which component is giving problems. The rigs are currently racked and tied down neatly and taking it out with the PSU will be a hassle. My guess is a bad PSU. I am using the stock 1600w PSU by Bitmain. Anyone had this situation before, comments pls, it would save me a lot of time....

Try using another PSU from a close by machine. What are your temps?

temps are normal low 60s and overall cage temp also ok.


I've had issues with the bitmain psu that caused similar results. The wires connecting the psu fan were coming loose, fan would stop, psu heated up and eventually goes to thermal fail safe till it cools.
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February 16, 2016, 02:35:17 PM
 #7155

Will be interesting to watch we should see batch 10 shipping any time: ANTMINER S7 BATCH 10 - Shipped out from Feb. 16~20
Currently in China:  4:47 PM  Tuesday, February 16, 2016

So I'm guessing not the 16th since no one reported shipping notice.  But should be soon as long as they keep timeline.

Not sure how many will buy at current prices.

I would almost be willing to bet they decided to keep all of their remaining batch 8 and 9.  Hence, the considerable hash rate increase we saw.  I believe they also hooked up the batch 10 over the holidays for testing purposes.  How many of the batch 10 they keep as well is unknown.

EDIT:  I expect bitcoin price to rise to about $630's to $730's soon.  It will rise to those levels over approximately a 2 month period.

EDIT:  The block halving has changed from July 25th to July 13th now.  I'm anticipating the block halving to take place in late June at the current rate.  This means the pump I'm expecting may peek the end of April or early May then go back down to who knows what.  That's if it takes a similar road LTC took at its block halving.

However, it is possible it could go up higher before falling, like what I'm depicting in the following screen shot.  I have it leveling out at about $450 in June, 2016:

I really hope your right on price rising, as if difficulty keeps rising we need a better value to keep a decent profit margin or at least I do.    If you look at hash it has slowed down I think it's due to Batch 10's being boxed up.  I could be wrong but that is my theory.

I think they will make another batch and sell again.  I think they have mastered design with least amount of chips needed and high freq.  I think they make a killing when they sell them.  So I feel every batch just means more money for them.  I think we will keep seeing them and they will lower prices based on difficulty partially trying to drum up new sales at lower price each batch.
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February 16, 2016, 04:27:05 PM
 #7156

The difficulty ramp up compared to the hashrate on these miners makes these look like the first miners I have purchased since BFL that will fail to make any profit.  At this rate I am questioning their ability to even pay back what I paid for them.  I am speaking in terms of BTC paid to purchase them vs BTC eventually earned before they become completely useless.
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February 16, 2016, 06:14:36 PM
 #7157

I think they will make another batch and sell again.  I think they have mastered design with least amount of chips needed and high freq.  I think they make a killing when they sell them.  So I feel every batch just means more money for them.  I think we will keep seeing them and they will lower prices based on difficulty partially trying to drum up new sales at lower price each batch.

I agree and am hoping they drop prices to get one final big push of miners out the door before 16nm miners make the S7 a thing of the past.

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February 16, 2016, 06:34:03 PM
 #7158

I think they will make another batch and sell again.  I think they have mastered design with least amount of chips needed and high freq.  I think they make a killing when they sell them.  So I feel every batch just means more money for them.  I think we will keep seeing them and they will lower prices based on difficulty partially trying to drum up new sales at lower price each batch.

I agree and am hoping they drop prices to get one final big push of miners out the door before 16nm miners make the S7 a thing of the past.

they will have to be very cheap to be worth anything.. currently, at 10c a kwh they cost around 90$ a month to run, and in 2 days or so they will only make 170$ a month..

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February 16, 2016, 06:44:57 PM
 #7159

I think they will make another batch and sell again.  I think they have mastered design with least amount of chips needed and high freq.  I think they make a killing when they sell them.  So I feel every batch just means more money for them.  I think we will keep seeing them and they will lower prices based on difficulty partially trying to drum up new sales at lower price each batch.

I agree and am hoping they drop prices to get one final big push of miners out the door before 16nm miners make the S7 a thing of the past.

they will have to be very cheap to be worth anything.. currently, at 10c a kwh they cost around 90$ a month to run, and in 2 days or so they will only make 170$ a month..



they will only be worth while to people with very low power cost.

at 5 cents power or less they are good gear. at 10 cents not very good.

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February 16, 2016, 06:53:47 PM
 #7160

I think they will make another batch and sell again.  I think they have mastered design with least amount of chips needed and high freq.  I think they make a killing when they sell them.  So I feel every batch just means more money for them.  I think we will keep seeing them and they will lower prices based on difficulty partially trying to drum up new sales at lower price each batch.

I agree and am hoping they drop prices to get one final big push of miners out the door before 16nm miners make the S7 a thing of the past.

they will have to be very cheap to be worth anything.. currently, at 10c a kwh they cost around 90$ a month to run, and in 2 days or so they will only make 170$ a month..



they will only be worth while to people with very low power cost.

at 5 cents power or less they are good gear. at 10 cents not very good.

i was thinking about getting one this round but my power costs arent so good..

Costs are based on average PSE residential rates for electric service ($.088594 per kWh [first 600 kWh] and $0.107172 [remaining kWh])


 



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