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

[Mikestang]

I can't believe you guys are still buying.  I have buyers remorse on these things.  According to my calculations I need Kano's pool to hit about 686 more blocks without my per block payout going down just to break even.  Without a doubt I would have been better off holding BTC than buying these.

One of the reasons I have never bought mining hardware new (except Gekko compac sticks).  I paid just over $100 for my S3+, and I paid less than $180 including shipping for my S5.  As soon as the used market develops for the S7 I'll pick one up, but when it's closer to $200 and not $1000.

[aarons6]

I can't believe you guys are still buying.  I have buyers remorse on these things.  According to my calculations I need Kano's pool to hit about 686 more blocks without my per block payout going down just to break even.  Without a doubt I would have been better off holding BTC than buying these.

bitcoin isnt the only coin these things mine..

figure to mine bitcoin until its not profitable, then switch to ppc or dgc..

[ATCkit]

Site is not working completely.  Cannot get to the cart.

try another browser it is working for me. right now

Nope, When you click on ADD TO CART, the following response "CAS is Unavailable" 

Tried on Mac Safari and Firefox
Tried on Windows Internet Explorer and Firefox

Cannot even sign in.

Try Netscape- LOL my bad.

[ATCkit]

I can't believe you guys are still buying.  I have buyers remorse on these things.  According to my calculations I need Kano's pool to hit about 686 more blocks without my per block payout going down just to break even.  Without a doubt I would have been better off holding BTC than buying these.

bitcoin isnt the only coin these things mine..

figure to mine bitcoin until its not profitable, then switch to ppc or dgc..

Have tested them a bit plus ZET, DEM and a few others. Not bad if you hold to they come back up. However, for some of the smaller coins, the liquidity is a bit scary/risky -ie: some only trade $20 worth of coins per day.

So, I'm kinda with not.you...and am not buying anything else until the next generation... hopefully as efficient as BitFury chip. Also, my guess is that someone will making home sized miners with BitFury chip. So there will be something for us little guys later on. Price and difficulty will determine if we buy them this summer/fall. They will have to be cheap.

[philipma1957]

I can't believe you guys are still buying.  I have buyers remorse on these things.  According to my calculations I need Kano's pool to hit about 686 more blocks without my per block payout going down just to break even.  Without a doubt I would have been better off holding BTC than buying these.

bitcoin isnt the only coin these things mine..

figure to mine bitcoin until its not profitable, then switch to ppc or dgc..

Have tested them a bit plus ZET, DEM and a few others. Not bad if you hold to they come back up. However, for some of the smaller coins, the liquidity is a bit scary/risky -ie: some only trade $20 worth of coins per day.

So, I'm kinda with not.you...and am not buying anything else until the next generation... hopefully as efficient as BitFury chip. Also, my guess is that someone will making home sized miners with BitFury chip. So there will be something for us little guys later on. Price and difficulty will determine if we buy them this summer/fall. They will have to be cheap.

bitmaintech went down on me  (hmm sound like porn)

I can't order right now.

For me mining now is a bit different I finally have a good power price. still has a limit as the solar array is 12kwatts to 16 kwatts and the deal with my friend is 1 s-7 free.

so if I do a combo of s-7 and avalon6's  using 17kwatt max i will be near 60th.   using 13kwatt min I am at 50th.

I need to get a deal if a want an s-7 or an avalon6.

right now I have 6 avalon6's and 1 s-7  about 7kwatts used about 25th hashing.

I rather go right to bitfury maybe 50th using 6kwatts.  I need to wait a bit to see what I do.

I would hate to load up the array with s-7's and avalon6's with no room for a few bitfuries.

[bbOOmm]

I can't believe you guys are still buying.  I have buyers remorse on these things.  According to my calculations I need Kano's pool to hit about 686 more blocks without my per block payout going down just to break even.  Without a doubt I would have been better off holding BTC than buying these.

bitcoin isnt the only coin these things mine..

figure to mine bitcoin until its not profitable, then switch to ppc or dgc..

eggZACTLY .... There are MANY other sha-256d coins that can be mined with S7's. 
( said with a mouth full of a toasted egg salad sandwich with crumbs flying as I speak... lol)

I've been taking daily random timed notes, up to 3 times a day, of what the top 5 SHA-256d coins are at that time and what exchanges are being used to get the top exchange value. I've been noticing that BTC has been consistently below the exchange rates of a select few coins, but those coins do not REMAIN SOLIDLY above BTC. However they remain within the top 5 or very very close to it and frequently rise above BTC sometimes for hours at a time. Its like more or less a random rotation of the same few coins rotating around BTC.

Now I'm not talking about these flash high values from pump and dumps and what-not, If I see a flash value in my notes, I disregard that top spurious value and take the next 5 which are more along the lines of normal.

Its not the old days where BTC was ALWAYS the top valued coin.

With BTC halving coming up soon, I'm HOPING FOR a rise in BTC value and a dramatic reduction in diff due to a mass reduction in network hashrate because a lot of people will find mining BTC will be unprofitable. However I'm preparing for BTC to do just that, Become un-profitable. Thus the reason why I'm mapping and charting the sha-256d coins, looking for what coins are looking to become the next best thing. These coins have survived the time test, they are not some new fangled coin claiming to do this and that, only for the devs to scam everyone ( Paycoin for example ). These coins I'm charting have a "following", are traded on several exchanges, the values have stabilized from their initial "new coin madness" etc etc.

Sooo, in prep for BTC halving, I've been mining some of the other coins to make a small stash of coins hoping that one or more of these coins will become the "bitcoin 2.0". Thus the use of the S5's.

My S7's are in production mode on BTC. The S7 BTC production pays for the electric, which unfortunately, I'm in Wisconsin with $0.1411 KW/h electric rates but has been allowing me to buy several more S7's as well. Now if I was in North Dakota, I'd be rolling in the dough with their cheap electric rates.

So you see, there are other coins to mine....  saying to someone, you will never ROI is only half correct. While true for BTC, there are many other coins that you can make your ROI on, especially if you take on an investing aproach.


 

[spazzdla]

The S7 is just TOO MUCH POWER in one unit . Make S9 like S1 plz.

[VirosaGITS]

The S7 is just TOO MUCH POWER in one unit . Make S9 like S1 plz.

You wish. But Bitmain abandoned the small convenient home miner scene at the S3. And the U3 is just cash grab using chip leftovers.

[aarons6]

looks like they are all caught up on shipping, the s7 i bought tuesday shipped today.

[generalt]

I know when you're using multiple PSU you're supposed to turn the PSU with the controller board on last, but what about when you turn them off?  Do you turn the controller board off first or do you turn the hashing boards off first?  The second you turn off the controller board the fans shut off.

[philipma1957]

I know when you're using multiple PSU you're supposed to turn the PSU with the controller board on last, but what about when you turn them off?  Do you turn the controller board off first or do you turn the hashing boards off first?  The second you turn off the controller board the fans shut off.

I would do the hash boards.

[pavlidmavrom]

i bought recently my first miner the cost =779.86doll for the miner  140doll for the psu 99.5 for shiping .total 1119 doll+ taxes here in greece 360 € and the miner gives me each day 0.02 bitcoin so i have to wait over 7 months to get my money back not including electricity. is that right or have i done something wrong?

[philipma1957]

i bought recently my first miner the cost =779.86doll for the miner  140doll for the psu 99.5 for shiping .total 1119 doll+ taxes here in greece 360 € and the miner gives me each day 0.02 bitcoin so i have to wait over 7 months to get my money back not including electricity. is that right or have i done something wrong?

time and time again we have told people on the forum that paying the vat makes mining a losing investment.

Most likely you are not going to overcome the taxes.  If I were you I would mine for 1 month and then sell the gear.

[generalt]

I would do the hash boards.

That's what I do just so the fans still run a little bit just just wanted to get a general consensus.  Thanks.

[Mikestang]

time and time again we have told people on the forum that paying the vat makes mining a losing investment.

It's almost to the point that anyone paying anything for electricity won't be able to ROI the S7 before the halving.  Having to pay more taxes on top of everything only makes it worse.

[Finksy]

i bought recently my first miner the cost =779.86doll for the miner  140doll for the psu 99.5 for shiping .total 1119 doll+ taxes here in greece 360 € and the miner gives me each day 0.02 bitcoin so i have to wait over 7 months to get my money back not including electricity. is that right or have i done something wrong?

$780 + $140 + $100 = $1020

But still, you spent $1400+ on something assuming it would make you money without checking the math yourself?

[philipma1957]

i bought recently my first miner the cost =779.86doll for the miner  140doll for the psu 99.5 for shiping .total 1119 doll+ taxes here in greece 360 € and the miner gives me each day 0.02 bitcoin so i have to wait over 7 months to get my money back not including electricity. is that right or have i done something wrong?

$780 + $140 + $100 = $1020

But still, you spent $1400+ on something assuming it would make you money without checking the math yourself?

Maybe he will luck out coins go to 600 in the next month and he can sell the miner at break even price.

[ATCkit]

This online tool gives a quick glance of profitability. It's apparently a live update -ie: based on current BTC price and difficulty. The top half is about cloud mining. So scroll down a bit to see the time to break even for available rigs. You can slide the button to change electrical costs.

http://nextdifficulty.com/

( Note: This ROI doesn't include shipping , PSUs, taxes etc in the calculation.)


So, I gotta agree with b00m. Other sha coins may be the salvation.

[aarons6]

This online tool gives a quick glance of profitability. It's apparently a live update -ie: based on current BTC price and difficulty. The top half is about cloud mining. So scroll down a bit to see the time to break even for available rigs. You can slide the button to change electrical costs.

http://nextdifficulty.com/

( Note: This ROI doesn't include shipping , PSUs, taxes etc in the calculation.)


So, I gotta agree with b00m. Other sha coins may be the salvation.

this is the calculator im counting on

http://www.coinwarz.com/calculators/peercoin-mining-calculator/?h=4730.00&p=1300.00&pc=0.10&pf=0.00&d=528847615.41607600&r=65.93620247&er=0.00116000&btcer=425.56270000&hc=752


altho, i think im going to put my s7 on solo mining peercoins.. its a gamble but i think it will pay off.

[philipma1957]

This online tool gives a quick glance of profitability. It's apparently a live update -ie: based on current BTC price and difficulty. The top half is about cloud mining. So scroll down a bit to see the time to break even for available rigs. You can slide the button to change electrical costs.

http://nextdifficulty.com/

( Note: This ROI doesn't include shipping , PSUs, taxes etc in the calculation.)


So, I gotta agree with b00m. Other sha coins may be the salvation.

this is the calculator im counting on

http://www.coinwarz.com/calculators/peercoin-mining-calculator/?h=4730.00&p=1300.00&pc=0.10&pf=0.00&d=528847615.41607600&r=65.93620247&er=0.00116000&btcer=425.56270000&hc=752


altho, i think im going to put my s7 on solo mining peercoins.. its a gamble but i think it will pay off.

I got a block like that and I got a fucking stale


http://mining.securepayment.cc/pools/ppcoin/stats.php?address=PV68JwCpM5CGGf9rirFS7weYWXnMeiyCaC&submit=Lookup+Stats


what is more amazing I got the block using compac sticks from sidehack 12 at 11gh = 132gh pulled a 850m share.


the avalon6's 3 at 13th pulled a 22billion share and it was stale!