HagssFIN (OP)
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Electrical engineer. Mining since 2014.
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September 12, 2017, 05:26:50 PM |
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I just noticed that Bitmain has released two GPU miner models at their Chinese section of the web page. Bitmain G1: https://shop.bitmain.com/productDetail.htm?pid=00020170911150755910CdnPsxhK06F9G1 specifications: 1. CPU: Inter Broadwell-u 3215 or 3205 2. Memory: 4GB SO-DIMM, DDR3 / L-1600 3. Hard disk: 1 x Msata 64G SSD 4. Ethernet: 1 x 10M / 100M / 1000Mbps (Intel I210-AT) 5. USB interface: 2 x USB2.0 6. Display interface: 1 x HDMI 7. Graphics card: 8 x NVIDIA GeForce GTX1060 8. Calculus: ETH Hash Rate: 200MHash ± 10% 9. Carton size: 530mm x 320mm x 160mm 10. Weight: 12.5Kg (without power) Precautions: 1. Chassis deformation or heat sink off, please do not power, contact after-sales processing. 2. It is recommended to use ants pool ( www.antpool.com ) 3. It is recommended to use APW3 ++ power supply Bitmain G2: https://shop.bitmain.com/productDetail.htm?pid=00020170911160838626L7JGrkzY06C1G2 specifications: 1. CPU: Inter Skylake-s G3900-LGA1151, PCH-B150 2. Memory: 8GB UDIMM, DDR4 -2133 3. Hard disk: 1 x 2.5inch Sata 128G SSD 4. Ethernet: 1 x 10M / 100M / 1000Mbps (Intel I210-AT) 5. USB interface: 2 x USB3.0 6. Display interface: 1 x VGA 7. Graphics card: 8 x AMD Radeon RX570, GDDR5 8. Calculus: ETH Hash Rate: 220MHash ± 10% 12. Carton size: 555mm x 445mm x 132mm 13. Weight: 15Kg (including power) Precautions: 1. Chassis deformation or heat sink off, please do not power, contact after-sales processing. 2. Can not use two power strips with the same operator board. 3. Suggested use of ants pool ( www.antpool.com ) Any thoughts about these GPU card miners? I was pretty surprised to suddenly find these.
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Ambros
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September 12, 2017, 05:52:12 PM |
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The link seems to be invalid, do you know the prices? I would not buy those, I prefer to build my rig myself, I am just curious
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wrongerminer
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September 12, 2017, 06:00:35 PM |
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Prices are 18700 CNY and 19700 CNY for the G1 and G2, respectively. That translates to $2862.43 and $3015.51.
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jezus
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September 12, 2017, 06:03:20 PM |
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Gpu is also in?
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mettalmag
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≡v≡
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September 12, 2017, 06:21:21 PM |
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Gpu is also in?
seems so, very interesting and the prices are attractive too
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HagssFIN (OP)
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Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
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September 12, 2017, 06:21:48 PM |
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The link seems to be invalid, do you know the prices? I would not buy those, I prefer to build my rig myself, I am just curious
You need first to click yourself to the Chinese part of the www.bitmain.com, then those links should work. Prices are 18700 CNY and 19700 CNY for the G1 and G2, respectively. That translates to $2862.43 and $3015.51.
Yeah, it is about in the same price category with the Pandaminer.
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Tmdz
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September 12, 2017, 06:36:57 PM |
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I think it is a bit better to build your own, more fun to.
But this confirms that asic is impossible for modern memory hard algos, as bitmain would have made an asic instead of going this route if they could.
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Albortz
Sr. Member
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Activity: 420
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Tax Attorney - Investor - Entrepreneur
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September 12, 2017, 06:43:04 PM |
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The main question I always get also with Pandaminers, why would you spend that much for so little payout.
It takes ages to recoup the investment. How reliable to you think are those? I got little knowledge of GPU miners to be fair. Just the numbers are not attractive lol.
I spoke to someone who said he would build the rig for around 2500. Don't know the output of hash, but if I don't need to worry about building the rig myself i would gladly pay 300 bucks more.
Any input on this?
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citronick
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---- winter*juvia -----
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September 12, 2017, 06:57:19 PM |
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So now... we have to compete with Bitmain grabbing all those GPUs - well played NVIDIA & AMD
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If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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Ambros
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September 12, 2017, 07:06:16 PM |
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So now... we have to compete with Bitmain grabbing all those GPUs - well played NVIDIA & AMD
I thought exactly the same, I was asking myself why with this low profitability there are no GPUs in stocks. I think I found the answer I was looking for
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citronick
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---- winter*juvia -----
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September 12, 2017, 07:11:03 PM |
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So now... we have to compete with Bitmain grabbing all those GPUs - well played NVIDIA & AMD
I thought exactly the same, I was asking myself why with this low profitability there are no GPUs in stocks. I think I found the answer I was looking for Maybe Bitmain is getting ready for Bitcoin Gold GPU mining ... ?
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HagssFIN (OP)
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Activity: 2464
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Electrical engineer. Mining since 2014.
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September 12, 2017, 07:36:58 PM |
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holy crap
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QuintLeo
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September 12, 2017, 07:42:11 PM |
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Strange that the design of the 2 is so different.
Pricing, like the Pandaminer, isn't all that impressive.
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Jdope
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September 12, 2017, 07:44:23 PM |
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GPU mining for the non home miners, these guys are just killing decentralization aren't they?
I don't really see any reason why a home miner should buy this, its probably noisy as shit and is a little more expensive than you can buy
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BennyT
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September 12, 2017, 07:51:15 PM |
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GPU mining for the non home miners, these guys are just killing decentralization aren't they?
I don't really see any reason why a home miner should buy this, its probably noisy as shit and is a little more expensive than you can buy
I agree with you. I also build rigs for people and lately I'm getting a lot of customers who used to "build computers themselves" when they were younger and try their hand at mining rigs. They don't know all the pitfalls they will face and eventually call someone for help. This is an attractive solution for someone who just wants to pay for a miner. For those of us who build ourselves, we would never buy this so I don't think we are the target. For someone like bitmain who would clearly get products at a discount, it's a no brainer to offer it to customers.
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Ambros
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September 12, 2017, 08:32:27 PM |
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GPU mining for the non home miners, these guys are just killing decentralization aren't they?
I don't really see any reason why a home miner should buy this, its probably noisy as shit and is a little more expensive than you can buy
Actually those prices are quite good for people who live in Central Europe and do pay taxes. I agree that build a rig is interesting, but if you wanna scale a little bit (e.g. 10 rigs) those are a good options
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adaseb
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September 12, 2017, 09:05:42 PM |
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GPU mining for the non home miners, these guys are just killing decentralization aren't they?
I don't really see any reason why a home miner should buy this, its probably noisy as shit and is a little more expensive than you can buy
They are meant to be in industrial farms and are designed to be noisy and compact. Pandaminer wasn't really a threat because that company had no money. Bitmain on the other hand, probably bought out millions of these 570 GPU chips and will be building these like crazy. Keep in mind that most industrial/commercial farms that buy these usually don't buy 1 or 2. They usually buy them in quantities of 100/1000 units. So probably not a good idea anymore to be buying any RX 570 from Newegg.
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64dimensions
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September 12, 2017, 09:08:00 PM |
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These products are for factory mining.
I don't really see any advantage to the home miner.
Comments
1) Maintenance
a) BM hardware maintenance/repair is not good. I can't image waiting weeks to get a GPU miner back up. This is an area where the home miner will excel. At the most primitive user level, all you would have to do is component level swap/replacement on a homebuilt setup.
b) If BM has their own special S/W it's a TI and DEC PC's vs IBM/windows repeat.
2) Ultimate cost of ownership.
a) The value of the GPU's (1060, 570) in these systems will lose value faster in terms of cost of ownership and revenue generation. At this time, I believe the flagship 1080ti is a better value in terms of ultimate cash flow.
b) Home builders should be purchasing the high quality sub components and just swapping out GPU's.
c) I believe that this hardware will not in general be as adaptable as a home rig.
Just to hot dog a little bit, I have been deploying on and off since the end of the BTC GPU (2014) era, ASUS Z87-PLUS motherboards. With Win 10 pro and some 1080ti's, in their latest deployment, these motherboards currently make up a 4 GPU system miner.
If you have been attending the Phil Ma school of GPU mining, his way has to be cheaper than the BM behemoth. I still believe the edge is to the home miner.
Furthermore the good news is that this indicates a good outlook for GPU mining.
A potential ethical problem for this MB will be helping the owners of these systems, a system which is geared towards marginalizing their GPU mining efforts.
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leowonderful
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Bitcoin FTW!
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September 12, 2017, 10:41:01 PM |
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Tl;dr Bitmain made a miner similar to the Pandaminer to compete with GPU rig sellers. Considering how many fools buy prebuilts this could be quite lucrative for them. Resale is definitely an issue, but I guess that's a risk buyers will take. Many parts seem proprietary in some way or difficult to replace, which is my main worry.
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