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/difficultyDifficulty 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