S7 Prices?

[Gatusko]

I'm just starting minning, but I'm very confused with the prices of the S7. I hope that someone give me a hand  with this. I see prices of S7 batch 1,2, etc to 1200 - 1000 $. But in the official page the S7 batch 17 is 450 $. I just don't get it what's the difference with batch 1 and batch 17. And with the halvening right in the corner. Should I wait for the next generation of minners? Or go for the current S7.

[philipma1957]

I'm just starting minning, but I'm very confused with the prices of the S7. I hope that someone give me a hand  with this. I see prices of S7 batch 1,2, etc to 1200 - 1000 $. But in the official page the S7 batch 17 is 450 $. I just don't get it what's the difference with batch 1 and batch 17. And with the halvening right in the corner. Should I wait for the next generation of minners? Or go for the current S7.

okay  prices drop on gear .

so batch 1 was high price

 batch 17 much lower

look at this chart
https://bitcoinwisdom.com/bitcoin/difficulty


Difficulty History

Date   Difficulty   Change   Hash Rate
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s   Batch 17 around this date so 194,254,000,000  Much harder to make a block
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796         18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900          8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643         10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180        5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450          2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480         0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039         2.49%   435,318,014 GH/s       Batch 1 around this date   so  60,000,000,000   Much easier to make a block.


this changes price.

all you need to consider buying gear is to know what your power cost is.

at the moment it is hard to earn money if your post cost is more then 8 cents

[Eyedol-X]

Prices of S7 have decreased as difficulty of mining increases.

Basically, the higher the difficulty the less coin the S7 generates. Since the S7 design has relatively not changed since it's creation, the price had to be adjusted based upon what it's capable of generating in a given time frame.

[notlist3d]

Prices of S7 have decreased as difficulty of mining increases.

Basically, the higher the difficulty the less coin the S7 generates. Since the S7 design has relatively not changed since it's creation, the price had to be adjusted based upon what it's capable of generating in a given time frame.

Not really true on has not changed since creation.  Until batch 8 it changed contently look at the chart on the bitmain site.  But was not until batch 8 they went to less chips and more frequency, and stuck with it.

S7 has a lot of different  changes, just they "look the same" from outside for lack of better wording.   And of course as we get closer to having it will continue to decrease more and more on price.   

[Eyedol-X]

Prices of S7 have decreased as difficulty of mining increases.

Basically, the higher the difficulty the less coin the S7 generates. Since the S7 design has relatively not changed since it's creation, the price had to be adjusted based upon what it's capable of generating in a given time frame.

Not really true on has not changed since creation.  Until batch 8 it changed contently look at the chart on the bitmain site.  But was not until batch 8 they went to less chips and more frequency, and stuck with it.

S7 has a lot of different  changes, just they "look the same" from outside for lack of better wording.   And of course as we get closer to having it will continue to decrease more and more on price.   

To clarify, I meant in the "spirit" of unchanged, kinda like the PS3 -- even though there are many different versions of the device, it's still a "PS3" even though their internals have greatly varied over the years of its versions.... in the end it's still a PS3

Just like the S7, their hash rates are pretty close to the same but I agree their internals have been quite different depending on the version.

[notlist3d]

Prices of S7 have decreased as difficulty of mining increases.

Basically, the higher the difficulty the less coin the S7 generates. Since the S7 design has relatively not changed since it's creation, the price had to be adjusted based upon what it's capable of generating in a given time frame.

Not really true on has not changed since creation.  Until batch 8 it changed contently look at the chart on the bitmain site.  But was not until batch 8 they went to less chips and more frequency, and stuck with it.

S7 has a lot of different  changes, just they "look the same" from outside for lack of better wording.   And of course as we get closer to having it will continue to decrease more and more on price.    

To clarify, I meant in the "spirit" of unchanged, kinda like the PS3 -- even though there are many different versions of the device, it's still a "PS3" even though their internals have greatly varied over the years of its versions.... in the end it's still a PS3

Just like the S7, their hash rates are pretty close to the same but I agree their internals have been quite different depending on the version.

S7 in no way is like a PS3.  It was a decent change when they moved to batch 8 and on.  I'm not saying that it was a bad thing, but there are differences.   So I do hear your argument they are all S7's but they are different.  Trying to use a PS3 as a comparison... is kinda hard and does not fit well.

Granted it's not like a S5 vs S7 difference.  But there is a decent bump in frequency on batch 8 on, and less chips.

[Gatusko]

I'm just starting minning, but I'm very confused with the prices of the S7. I hope that someone give me a hand  with this. I see prices of S7 batch 1,2, etc to 1200 - 1000 $. But in the official page the S7 batch 17 is 450 $. I just don't get it what's the difference with batch 1 and batch 17. And with the halvening right in the corner. Should I wait for the next generation of minners? Or go for the current S7.

okay  prices drop on gear .

so batch 1 was high price

 batch 17 much lower

look at this chart
https://bitcoinwisdom.com/bitcoin/difficulty


Difficulty History

Date   Difficulty   Change   Hash Rate
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s   Batch 17 around this date so 194,254,000,000  Much harder to make a block
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796         18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900          8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643         10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180        5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450          2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480         0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039         2.49%   435,318,014 GH/s       Batch 1 around this date   so  60,000,000,000   Much easier to make a block.


this changes price.

all you need to consider buying gear is to know what your power cost is.

at the moment it is hard to earn money if your post cost is more then 8 cents

Thanks for the answers. And in the country I live I do maths with a running s7 24/7 using 1.4 kw/h I'm going to spend 50$ each one. That's bad or good? So in other ways when the havening happens the difficulty will increase and the new minner the price will decrease.

[philipma1957]

I'm just starting minning, but I'm very confused with the prices of the S7. I hope that someone give me a hand  with this. I see prices of S7 batch 1,2, etc to 1200 - 1000 $. But in the official page the S7 batch 17 is 450 $. I just don't get it what's the difference with batch 1 and batch 17. And with the halvening right in the corner. Should I wait for the next generation of minners? Or go for the current S7.

okay  prices drop on gear .

so batch 1 was high price

 batch 17 much lower

look at this chart
https://bitcoinwisdom.com/bitcoin/difficulty


Difficulty History

Date   Difficulty   Change   Hash Rate
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s   Batch 17 around this date so 194,254,000,000  Much harder to make a block
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s
Apr 14 2016   178,678,307,672   7.09%   1,279,029,147 GH/s
Apr 01 2016   166,851,513,283   0.82%   1,194,369,655 GH/s
Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s
Feb 07 2016   144,116,447,847   20.06%   1,031,625,717 GH/s
Jan 26 2016   120,033,340,651   5.89%   859,232,121 GH/s
Jan 13 2016   113,354,299,801   9.12%   811,421,684 GH/s
Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796         18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900          8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643         10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180        5.77%   471,360,171 GH/s
Oct 29 2015   62,253,982,450          2.25%   445,631,364 GH/s
Oct 15 2015   60,883,825,480         0.12%   435,823,399 GH/s
Oct 01 2015   60,813,224,039         2.49%   435,318,014 GH/s       Batch 1 around this date   so  60,000,000,000   Much easier to make a block.


this changes price.

all you need to consider buying gear is to know what your power cost is.

at the moment it is hard to earn money if your post cost is more then 8 cents

Thanks for the answers. And in the country I live I do maths with a running s7 24/7 using 1.4 kw/h I'm going to spend 50$ each one. That's bad or good? So in other ways when the havening happens the difficulty will increase and the new minner the price will decrease.

If a s-7  cost you 50 usd in power each month that is a good price for power.

We are in a transition from s-7 to newer gear.

My suggestion is only buy 1 s-7 and wait for newer gear.

If coins and prices really do poorly from now until August you won't lose a lot of money.
Once new gear comes out I would buy one new piece of gear.

Play with both and if coin do well you will be okay. If coins do poorly you will still not lose much.