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

[VirosaGITS]

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])

Right now, i'm finding it icky at 0.06$, so i would second your own judgment here. I used to recommend at 0.07 and under. At the moment i would not get in unless i was at 0.03 which myself am not. I'm even considering selling the 2 S7 that i have. Maybe even the Avalons 6 even though they're pretty chill.

[adaseb]

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])

Right now, i'm finding it icky at 0.06$, so i would second your own judgment here. I used to recommend at 0.07 and under. At the moment i would not get in unless i was at 0.03 which myself am not. I'm even considering selling the 2 S7 that i have. Maybe even the Avalons 6 even though they're pretty chill.

I always assumed you had free electricity from your apartment building.

[VirosaGITS]

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])

Right now, i'm finding it icky at 0.06$, so i would second your own judgment here. I used to recommend at 0.07 and under. At the moment i would not get in unless i was at 0.03 which myself am not. I'm even considering selling the 2 S7 that i have. Maybe even the Avalons 6 even though they're pretty chill.

I always assumed you had free electricity from your apartment building.

Then you were right.

But I'm moving this spring, and i'm not 100% sure of know how things will be there.

It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.

[notlist3d]

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])

Right now, i'm finding it icky at 0.06$, so i would second your own judgment here. I used to recommend at 0.07 and under. At the moment i would not get in unless i was at 0.03 which myself am not. I'm even considering selling the 2 S7 that i have. Maybe even the Avalons 6 even though they're pretty chill.

I always assumed you had free electricity from your apartment building.

Then you were right.

But I'm moving this spring, and i'm not 100% sure of know how things will be there.

It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.

That is a bummer for sure it seemed like you had a sweet gig with current apartment. You seemed to run a good amount of gear for an apartment... and free is awsome.    Mind if I ask what is making you move?  I would try to stay if I ever found a deal like that.

I am surprised the landlords did not throw a fit though with electricity cost.

[VirosaGITS]

Then you were right.

But I'm moving this spring, and i'm not 100% sure of know how things will be there.

It also coincide with the "cool times" soon to end AND then the halving will be next door. So i'm thinking there will be a speculative BTC spike before the halving, which could be a good time to sell hardware for many reasons.

That is a bummer for sure it seemed like you had a sweet gig with current apartment. You seemed to run a good amount of gear for an apartment... and free is awsome.    Mind if I ask what is making you move?  I would try to stay if I ever found a deal like that.

I am surprised the landlords did not throw a fit though with electricity cost.

Big corporate apartments complex do not have individual meters. I'm leaving because it was a temporary deal. I'm getting my cheap apartment now, i just dont know what the circuit there can support. For all i know it could be 60A.

And its older, so i'd have to scale up the sound proofing a lot. I just dont know yet.

[vortexz]

batch 10 out of stock ? seems like I just got the last 5 of them

[notlist3d]

batch 10 out of stock ? seems like I just got the last 5 of them

My guess is the difficulty changing made it where they were not selling to many.  I would think they would wait till after batch 10 shipping date, but I figure we can see a price decrease.

The good question is how much will next batch cost. The last difficulty adjustment and the that will happen on that will happy in about two day's likely will be 35 percent or so is not a outrageous number.  Could be higher or lower...  but will bitmain adjust price that radically? I don't think so but I would love to be wrong.

[aarons6]

batch 10 out of stock ? seems like I just got the last 5 of them

My guess is the difficulty changing made it where they were not selling to many.  I would think they would wait till after batch 10 shipping date, but I figure we can see a price decrease.

The good question is how much will next batch cost. The last difficulty adjustment and the that will happen on that will happy in about two day's likely will be 35 percent or so is not a outrageous number.  Could be higher or lower...  but will bitmain adjust price that radically? I don't think so but I would love to be wrong.

the better question is will batch 11 come before march 2nd when the coupons expire..

hopefully it will be like 400$ ill probably pick up one then.

thats what they did with the s5s.. i got two of those 350$ ones.. still running strong.

[vortexz]

I hope there won't be a batch 11 ! 

[adaseb]

ANTMINER S7 BATCH 11 - Shipped out from March 1st~5th

AntMiner S7 BATCH 11 with 4.73th/s is available to order. Shipment starts from March 1st~5th, following order of full payment.



Price:       720 USD
               ( 1.741 BTC )

[Matias]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

[aarons6]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

by very cheap you mean less then 3c a kwh.. :/

the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..

[generalt]

I'm guessing just about everybody's batch 10 is shipped.  I ordered mine Jan 31st got shipping notice today.  Definitely have buyers remorse with the high difficulty jumps.

[wikkidtt]

Batch 10's have shipped

[Dekker3D]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

by very cheap you mean less then 3c a kwh.. :/

the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..

But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.

[lightfoot]

ANTMINER S7 BATCH 11 - Shipped out from March 1st~5th

AntMiner S7 BATCH 11 with 4.73th/s is available to order. Shipment starts from March 1st~5th, following order of full payment.

Price:       720 USD
               ( 1.741 BTC )

Assuming 10% difficulty hops, this sounds like a way to turn 1.741btc into .4btc at 10 cents a kw-hr. Even if you get power at 5c/kw-hr you are turning that 1.741btc into 1btc.

That is insane. I do not understand this.

[philipma1957]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

by very cheap you mean less then 3c a kwh.. :/

the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..

But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.

 they have not sold that many. just lookup their btc add

[charles2k]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

by very cheap you mean less then 3c a kwh.. :/

the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..

But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.

 they have not sold that many. just lookup their btc add

And who could sell the rest? Bitfury, Avalon?

[notlist3d]

I don't see point buying S7, when after halving they are not profitable, if you don't have very cheap electricity.

by very cheap you mean less then 3c a kwh.. :/

the price on batch 11 is insane.. it will cost more then you will get out of it, even if you are lucky and there are no more 20% diff increases..

But still people are buying these new S7s so I guess Bitmain will continue on flooding us and the difficulty increase will continue.

 they have not sold that many. just lookup their btc add

And who could sell the rest? Bitfury, Avalon?

That is the thing no one really knows.  We can speculate but it's hard to say.   And even if Bitmain does not sell a ton it does not mean it's not them adding hash.

I figure they have got cost as low as it's going to be on S7's.  They might be able to make them throw them in their own data center and miner internally, and still make big profits.  No one knows.

Bitfury/BW are two I would be watching for next gen chips hitting shelves but don't know when.  And again I have no inside info I'm speculating on this.

[smracer]

$152/TH?  LOL.  Even with free power I wouldn't pay that price.