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

[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.

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!

i do notice that site has a lot of orphans.
i might try to mine directly to the wallet to see if its better.

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[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.

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!

It's still a good "solo mining" site. I did some takcoin and Deutsch eMark there too.  One time I mined 8 blocks of Takcoin (and one orphan) in 30 mins. Tak was way up 2 days later and i made a nice bit compared to if i had mined BTC for that 30 min period.

I simply don't have the stomach to take that kind of risk all the time. But it can be done. In some cases you may have to wait a month for a coin to pop above BTC. Other coins do it about once a week. Like b00m said, there's about 5 worth watching. Peercoin is one of them.

Digibyte doesn't show up on coinwarz. You have to watch it on "What to mine". It pops above BTC about once a week or every 10 days. It can be a good money make if you can wait.

[AriesIV10]

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.

I have to chime in.  I was told the same thing last year May 1st 2014 that bitcoin is too volatile, miners cost too much (S5=$350-400) and you would never make a profit.  I bought 1, then I went big and bought $20K in miners.  4 months later I paid the miners off, sold them for the same and MORE than I paid for them.  I made a nice profit.   

Taking a look at the strategic level:

1) What do you believe that Bitcoin price will be in 4-5months?  10months?
2) Can you reduce your cost to improve productivity (electric / equipment - Hosting)
3) Risk?
4) Can you afford to loose everything you put into Bitcoin?
5) Keep on talking on this forum.  There are many wise people.

IMO - Bitcoin will raise dramatically.  Not so much as to overcome halving, but keeping mining S7s profitable.  At the same time there should be some more efficient mining equipment on the market.  Another piece of information: if your electric rate is above $0.08 find hosting.  Hosting will also rent PSU (power supplies units) to you anywhere from $5-10. 

[Mikestang]

I was told the same thing last year May 1st 2014 that bitcoin is too volatile, miners cost too much (S5=$350-400) and you would never make a profit.  I bought 1, then I went big and bought $20K in miners.  4 months later I paid the miners off, sold them for the same and MORE than I paid for them.  I made a nice profit.

The biggest difference between early 2014 and early 2016 is now we have the halving on the immediate horizon and that throws a whole box of monkey wrenches into the machine.  Things could go exactly the same now as they did then and we might be seeing people selling their S7s for a profit this summer, or we could see a dramatic loss of value in these same miners.

Hosting is a great option right now, but I really enjoy the hardware aspect of bitcoin, so I like having my miners where I can interact physically with them.  Sometime I just sit and stare at them hashing away...

[elokk]

I gave away all my S7 coupons but now I am wanting to buy another s7. Anyone have a coupon that I can have?

[notlist3d]

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.

The good thing is if you get a good PSU you can use it multiple asic generations.  So you literally can plug new gear into old gear spots.  That's what I plan on doing with my spots of last gen gear.  I did not sell PSU's as I re-use them.

Also you can always sell PSU at end if you are not going to re-use.  They keep a decent amount of value if a quality PSU.

[hawkfish007]

I gave away all my S7 coupons but now I am wanting to buy another s7. Anyone have a coupon that I can have?

Coupons expired on the 2nd.

[mtmining2]

Anybody have any guesses/bets on there being a batch 12 introduced? I am about ready to buy another unit, re-investing btc earned from current S7 units, but last time around batch 11 was brought out about the time that batch 10 was shipping.

[aarons6]

So I get my s7 on Monday and I'm wondering if I can power it with a rosewill 1300w lightning power supply. Its currently powering 2 s5s with no problems. The only issue I see is I need 2 extra pcie cables to get to 10. I do have 2 adapters tho and it shouldn't be a problem i f I used one to power the controller and one board with 2 other pcie cables. Each board takes 3.

Its  kind of pushing the psu to the limit. Maybe I should under clock it a tad too?

[philipma1957]

So I get my s7 on Monday and I'm wondering if I can power it with a rosewill 1300w lightning power supply. Its currently powering 2 s5s with no problems. The only issue I see is I need 2 extra pcie cables to get to 10. I do have 2 adapters tho and it shouldn't be a problem i f I used one to power the controller and one board with 2 other pcie cables. Each board takes 3.

Its  kind of pushing the psu to the limit. Maybe I should under clock it a tad too?

underclock is a good idea if stock is freq 700 try 650

check the hw errors  if .0050 or less try 656

[AriesIV10]

Bitcoin Difficulty:   158,427,203,767
Estimated Next Difficulty:   157,935,538,038 (-0.31%)
Adjust time:   After 1925 Blocks, About 12.9 days
Hashrate(?):   1,197,675,017 GH/s
Block Generation Time(?):   
1 block: 9.6 minutes
3 blocks: 28.9 minutes
6 blocks: 57.7 minutes

[generalt]

Bitcoin Difficulty:   158,427,203,767
Estimated Next Difficulty:   157,935,538,038 (-0.31%)
Adjust time:   After 1925 Blocks, About 12.9 days
Hashrate(?):   1,197,675,017 GH/s
Block Generation Time(?):   
1 block: 9.6 minutes
3 blocks: 28.9 minutes
6 blocks: 57.7 minutes

Let's hope it holds at that or drops more.

[mavericklm]

it will sooner rise than fall...
yepp, constant is the best!

[notlist3d]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

[VirosaGITS]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

[philipma1957]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

what is cold the south pole?

[leowonderful]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

what is cold the south pole?

Maybe they're moving to somewhere with cheap electricity and a cold place. Def not canadia, electricity isn't cheap enough for their needs. I can't think of any place that matches my description, but even if this hashrate manipulation, it doesn't make sense.

[VirosaGITS]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

what is cold the south pole?

Maybe they're moving to somewhere with cheap electricity and a cold place. Def not canadia, electricity isn't cheap enough for their needs. I can't think of any place that matches my description, but even if this hashrate manipulation, it doesn't make sense.

Why not, in the North over here you can get 0.03$/kWh, but there's better/cheaper place.

[philipma1957]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

what is cold the south pole?

Maybe they're moving to somewhere with cheap electricity and a cold place. Def not canadia, electricity isn't cheap enough for their needs. I can't think of any place that matches my description, but even if this hashrate manipulation, it doesn't make sense.

I am pretty sure hash rates are being played with.  Just not sure how?
I can come up with many reasons play with hash rate on the 1100ph vs 1300 ph level.
I just wish I knew the reason it is happening.

[klondike_bar]

it will sooner rise than fall...
yepp, constant is the best!

One thing we have not been the past 2 periods is consistent.  One a very positive.... then a little negative.  It makes no sense, I cant find good speculation to why it's happening.

That bad thing is price has fallen some.   And that can be a slow ride up.... so it's a interesting time.

Maybe they're moving huge self contained datacenter freight containers somewhere cold by ships, this would mean 3 weeks or so of downtime?

what is cold the south pole?

Maybe they're moving to somewhere with cheap electricity and a cold place. Def not canadia, electricity isn't cheap enough for their needs. I can't think of any place that matches my description, but even if this hashrate manipulation, it doesn't make sense.

I am pretty sure hash rates are being played with.  Just not sure how?
I can come up with many reasons play with hash rate on the 1100ph vs 1300 ph level.
I just wish I knew the reason it is happening.

I honestly just think its retirement lag. Difficulty went up so fast that a lot of gear got make unprofitable in  a 1-month spam. s3, sp10 are pretty much useless now unless you have "free" power. 0.5w/G gear soon too if you pay >$0.12/kwh