NotFuzzyWarm
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Evil beware: We have waffles!
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April 06, 2017, 05:15:50 PM
Last edit: April 07, 2017, 12:09:02 AM by NotFuzzyWarm |
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Back on topic here, Bitmain is shipping the T9 'ship April-10' orders now. Got my UPS shipping notice yesterday  EDIT: 8:00p, just checked UPS and the miner has already left Alaska! Should be here Friday. I haven't seen a miner move that fast in months! |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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lkthomas
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April 07, 2017, 01:07:53 AM |
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It's nearly impossible to run into profit with this thing, ROI for the unit cost is nearly 1 year, not yet count for rents, air-con, electricity and labor cost.
Bitcoin mining has become too centralized because of what you mention, mainly because the initial investment is pretty significant, for unit price and setup costs. Bitmain is too interested in profits to give smaller miners a chance at getting into the game. Plus the T9's 11.5TH is nowhere near powerful or efficient enough to give substantial enough returns for the price they ask. But running costs can be reduced if you setup in the right environment, as well as labor if you have the skills to do most of the work yourself. I think Bitmain just serves the big miners now, so if you're a small miner best to look into other crypto's to mine. Does bulk order would be a lot cheaper? |
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beltsniffer
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April 07, 2017, 01:49:45 AM |
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Am I imagining things or did Bitmain just jack up the price of the T9 & S9?
When I looked this morning, I swear the newest batch shipping April 15th was $1050, but now it's $1150, and the S9 was $1156, but now it's $1296.
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Tim@BQ
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April 07, 2017, 02:04:45 AM |
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Does bulk order would be a lot cheaper?
I guess so... But you would have to send a representative to negotiate with them to get the best deal, otherwise they will just refer you to their website. Perhaps a big miner might give a better answer on this... |
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SA Bitcoin Brothers
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April 07, 2017, 06:17:11 AM |
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Am I imagining things or did Bitmain just jack up the price of the T9 & S9?
When I looked this morning, I swear the newest batch shipping April 15th was $1050, but now it's $1150, and the S9 was $1156, but now it's $1296.
The T9 batch thats available now for $1150 is 12.5TH/s. The one sold for $1050 was 11.5TH/s |
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adaseb
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April 07, 2017, 06:35:19 AM |
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So how do I enable ASICBOOST on these ?
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Rabinovitch
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BTCLife.global participant
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April 07, 2017, 08:32:38 AM |
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Nobody will tell you...  |
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Unacceptable
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April 07, 2017, 09:18:38 AM |
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So how do I enable ASICBOOST on these ?
Bitmain enables it....the extra hashrate is sent directly to their pool....I bet  |
"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan |
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NotFuzzyWarm
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Evil beware: We have waffles!
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April 07, 2017, 05:13:30 PM |
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Back on topic, new T9 miner arrived today. As expected so far running perfect @ 11.7THs |
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kurbeks
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April 07, 2017, 05:28:58 PM |
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So how do I enable ASICBOOST on these ?
Bitmain enables it....the extra hashrate is sent directly to their pool....I bet it saves power. Thats why their miners are so efficent. |
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jmumich
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April 07, 2017, 05:58:18 PM |
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leowonderful
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Bitcoin FTW!
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April 07, 2017, 08:39:19 PM |
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It's good to note no major pools really accept ASICBOOST, excluding Bitmain, yet, it'll probably change with time. I'm mostly interested to know the full capabilities of the once thought to be obsolete S7. |
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fanatic26
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April 07, 2017, 10:10:48 PM |
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I'm mostly interested to know the full capabilities of the once thought to be obsolete S7.
Who said the S7s are obsolete? |
Stop buying industrial miners, running them at home, and then complaining about the noise.
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leowonderful
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Bitcoin FTW!
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April 07, 2017, 10:34:09 PM |
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I'm mostly interested to know the full capabilities of the once thought to be obsolete S7.
Who said the S7s are obsolete? For most people with ten-cent electricity, it's generally not worth running anymore as the prices you can buy them at today are too high to justify buying. They're just fine if you have some right now but they'll become the next S5s in a few months. I noted once as it's possible ASICboost could give a little boost to the now older S7. |
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NotFuzzyWarm
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Evil beware: We have waffles!
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April 11, 2017, 05:43:40 PM
Last edit: April 11, 2017, 08:10:22 PM by NotFuzzyWarm |
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Well, so far so happy with how my 1st T9 is performing I decided to get another with the 'before April 15' ship date to upgrade the main farm.
This time will be kind of a sad occasion as I will be retiring my one of my s7b1's. <sniff> That sucka has been solid as a rock for the past years holding a steady 5.3-5.5THs as reported on Kano but since I have a power budget finally time to take advantage of the T9's over 2x speed at the cost of only ~100w more power.
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fanatic26
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April 11, 2017, 06:17:30 PM |
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For most people with ten-cent electricity, it's generally not worth running anymore as the prices you can buy them at today are too high to justify buying. They're just fine if you have some right now but they'll become the next S5s in a few months. I noted once as it's possible ASICboost could give a little boost to the now older S7.
The hardware is not obsolete just because some people dont meet the requirements to run it profitably. You dont call a 2 year old car obsolete just because there are no paved roads where you live to drive it on. At $0.03 power they still profit about $58/mo after paying for power. As far as the ASICBOOST goes does anyone know if it is even baked into the BM1385+ chip? As far as I understand the whitepaper for asicboost came out early 2016 and bitmain had been producing s7's since summer of 2015 which would lead me to believe there is nothing in the hardware of the S7 as far as ASICBOOST goes. |
Stop buying industrial miners, running them at home, and then complaining about the noise.
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tbonetony
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No zuo no die why you try, u zuo u die dont be shy
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April 12, 2017, 05:42:25 PM |
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For most people with ten-cent electricity, it's generally not worth running anymore as the prices you can buy them at today are too high to justify buying. They're just fine if you have some right now but they'll become the next S5s in a few months. I noted once as it's possible ASICboost could give a little boost to the now older S7.
The hardware is not obsolete just because some people dont meet the requirements to run it profitably. You dont call a 2 year old car obsolete just because there are no paved roads where you live to drive it on. At $0.03 power they still profit about $58/mo after paying for power. As far as the ASICBOOST goes does anyone know if it is even baked into the BM1385+ chip? As far as I understand the whitepaper for asicboost came out early 2016 and bitmain had been producing s7's since summer of 2015 which would lead me to believe there is nothing in the hardware of the S7 as far as ASICBOOST goes. what i read from asicboost was that it would require hw support on both the pool and rigs. Even if they have built it into the miner chips, the pool has to support asicboost work distribution too. it would not work otherwise. |
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AriesIV10
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Mine for a Bit
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April 12, 2017, 07:26:49 PM |
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WOW, that is ALOT of Wattage! It does not make sense Hash/Watt... as compared to the S9.
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fanatic26
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April 12, 2017, 08:23:53 PM |
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WOW, that is ALOT of Wattage! It does not make sense Hash/Watt... as compared to the S9.
You can have a power efficient miner....or you can have a reliable miner with a real chance at reaching ROI before falling apart. |
Stop buying industrial miners, running them at home, and then complaining about the noise.
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aarons6
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April 12, 2017, 10:55:14 PM |
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WOW, that is ALOT of Wattage! It does not make sense Hash/Watt... as compared to the S9.
You can have a power efficient miner....or you can have a reliable miner with a real chance at reaching ROI before falling apart. they can make both, they choose not to.. besides, these T9s have no chance to make roi at these prices.. even with zero electricity costs you are 12-14 months away.. thats if the difficulty doesnt go up, which it will.. you are probably realistically looking at 18-22 months roi. only one making money is bitmain. |
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