Avalon A7 announced

[philipma1957]

I still would like to know if the orders placed on Aug 31st are valid?
I would rather have the free shipping that was promised on the 31st...

I will buy that if they contact me.


I ordered 1 from the reseller used paypal credit I have 6 months to pay with  zero interest .

I consider that a better deal then paying 798 with no shipping.

[1713931008]

1713931008

[1713931008]

1713931008

[1713931008]

1713931008

[Logan4el]

This reseller will ship from USA? I saw fedex ground shipping.

[Freight]

I ordered two 741's from Miner Warez. Let's see what their ETA is.  :-)

[philipma1957]

This reseller will ship from USA? I saw fedex ground shipping.

yes  they claim to be usa based.

[nsx077]

Ordered one overnight this morning, lets see if i get it monday.

[jonlorusso]

Heads up. http://minerwarez.com is now sold out of avalons. I wonder if they will be restocking for the 20th?

[Logan4el]

Mining difficulty will go up by 22%. What is you plan to do with 741?   741 seems outdated for me, even thought I am sitting on free socket.

[bdog1234]

That didn't take long to sell out. I looked at around 5 am when I was getting ready for work and they were listed but I didn't have time to order and now they are gone.

[Didley1JT]

I bought two. Used Paypal to check out. Receipt from Paypal states the payment went to Salcido Enterprises, L.L.C.

Salcido appears to be centered in Washington State. If all goes well, I'll be happy to order more from a distributor located here in the states.

[Didley1JT]

Mining difficulty will go up by 22%. What is you plan to do with 741?   741 seems outdated for me, even thought I am sitting on free socket.

You want to share where you get your magic number from?

And anyone sitting on ACTUAL free electricity and not mining is an absolute idiot. If you have free energy, then what is your reason for not using a 741? You're not making back compete profit fast enough...?

[bdog1234]

Mining difficulty will go up by 22%. What is you plan to do with 741?   741 seems outdated for me, even thought I am sitting on free socket.

How do you figure? They hash at 7.5 and are a little more than half the cost of an ant miner at 14.

I own one and like it. I don't have personal experience with ant miners but I hear the Avalons are a lot more reliable.

[Logan4el]

Mining difficulty will go up by 22%. What is you plan to do with 741?   741 seems outdated for me, even thought I am sitting on free socket.

You want to share where you get your magic number from?

And anyone sitting on ACTUAL free electricity and not mining is an absolute idiot. If you have free energy, then what is your reason for not using a 741? You're not making back compete profit fast enough...?

Bitcoin difficulty chart https://bitcoinwisdom.com/bitcoin/difficulty

[philipma1957]

Mining difficulty will go up by 22%. What is you plan to do with 741?   741 seems outdated for me, even thought I am sitting on free socket.

You want to share where you get your magic number from?

And anyone sitting on ACTUAL free electricity and not mining is an absolute idiot. If you have free energy, then what is your reason for not using a 741? You're not making back compete profit fast enough...?

Bitcoin difficulty chart https://bitcoinwisdom.com/bitcoin/difficulty

so what's 20 %

it is nothing.

suppose it follows with

https://bitcoinwisdom.com/bitcoin/difficulty


Date   Difficulty   Change   Hash Rate
Sep 06 2017   922,724,699,726   3.89%   6,605,120,681 GH/s
Aug 24 2017   888,171,856,257   -3.80%   6,357,781,793 GH/s


or this  

Nov 05 2016   254,620,187,304   0.40%   1,822,642,296 GH/s
Oct 22 2016   253,618,246,641   -1.90%   1,815,470,125 GH/s
Oct 08 2016   258,522,748,405   7.17%   1,850,577,916 GH/s
Sep 25 2016   241,227,200,230   6.82%   1,726,771,560 GH/s
Sep 12 2016   225,832,872,179   2.30%   1,616,574,667 GH/s
Aug 29 2016   220,755,908,330   1.56%   1,580,232,344 GH/s
Aug 15 2016   217,375,482,757   7.67%   1,556,034,316 GH/s
Aug 02 2016   201,893,210,853   -5.43%   1,445,207,896 GH/s
Jul 18 2016   213,492,501,108   0.04%   1,528,238,850 GH/s
Jul 04 2016   213,398,925,331   1.88%   1,527,569,009 GH/s
Jun 21 2016   209,453,158,595   6.83%   1,499,324,110 GH/s
Jun 08 2016   196,061,423,940   -1.63%   1,403,462,340 GH/s
May 24 2016   199,312,067,531   2.60%   1,426,731,353 GH/s


which actually  is from

May 12  to Nov 17  which  is 6 months  just under 2%  a jump



lets make the diff  1844  vs 922  and coins at 4000  see what we get.

https://bitcoinwisdom.com/bitcoin/calculator



Date______________Difficulty___Revenue_____   Profit   

9-17 – 9-17 (1 day)...1844 G.......1.38..............1.367   


 with a pool charging 1%   and diff 1844g  2x current diff    the gear still makes 1.36 a day

 I used

1844g  for diff
10 cents  a kwatt

[HagssFIN]

Next difficulty estimate is 1,116,199,233,539 at the moment https://data.bitcoinity.org/bitcoin/difficulty/5y?t=l

[philipma1957]

Next difficulty estimate is 1,116,199,233,539 at the moment https://data.bitcoinity.org/bitcoin/difficulty/5y?t=l

yeah  my point exactly

use 1111 as diff

4000 as price

10 cents for power







Date   Difficulty   Revenue   Profit   Return
2017            0
9-17 – 9-17 (1 day)   1111 G   3.969   3.929   3.929    <  you get this  3.92 a day



use

1111 as diff
3700 as price
10 cents for power


Date   Difficulty   Revenue   Profit   Return
2017            0
9-17 – 9-17 (1 day)   1111 G   3.48   3.445   3.445 <  you get this   3.44 a day


to say the gear is obsolete  is pretty much not accurate.

[nsx077]

So theoretically, if bitmain and all their miners they run shut down, 1-2 days before difficulty change, would enough hashing power come off the network to actually drop difficulty, i would think if that was possible they would be doing that to lock in another two weeks of higher profitability.

[Elphamyto]

Ya, there are 58 pages of orders that  jasmine and lily are plowing through. I really want to thank you guys for your patience.
 
 I will see what I can do to help you. My phone and google hangouts is going crazy.

Everyone on Canaan's end has been silent, what happened? Has anyone received an update regarding their Aug 31 order?

[philipma1957]

So theoretically, if bitmain and all their miners they run shut down, 1-2 days before difficulty change, would enough hashing power come off the network to actually drop difficulty, i would think if that was possible they would be doing that to lock in another two weeks of higher profitability.

and if they think their gov is shutting them down  they will mine and dump as much as they can until the shut down.


as for canaan.io

they mention the 20th

but if their gov forbid  btc to cash trading they may not sell from china  and ship to usa  which is why I ordered 1 from the usa distributor

[PeaMine]

Anyone have luck with their reseller?
They cancelled my order but haven't refunded the order yet.
Plus they are sold out now.
So now two Canaan companies have taken orders and not delivered twice in a month.
Sadly after that I did have to take my business elsewhere, if Canaan sorts things out I'll start recommending them again with caution.

[Thetaj]

Which power supplies you buy for your Avalon miners? I can find so many on Alibaba/Parallelminers etc. but I dont know if there are more trusted or better ones? (Live in the EU)

Unfortunately Avalon is still not selling their own supplies.

For larger orders ( >60)  we do ship the PSU.  Its custom built for our miner.  As I bring on a distributor or two  I will probably
supply them to the disty. But for now I have them all in Beijing and they are hard to keep in stock.

Hey Steve, best of wishes to you and Lily, thanks for the reply! shame the miners couldn't make it in time for the diff adjustment