ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382

[norgan]

Bitmain - can you confirm that these have been tested & are working on p2pool?

Yes Bitmain, please confirm this. I bought 2 x S2's that I can't use with p2pool......

I want some of these to run on p2pool, have these been tested and verified to work efficiently with p2pool?

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[Biffa]

I'd rather be pessimistic and pleasantly surprised.

You honestly think that with all the hardware being rolled out currently that we will see the lowest difficulty increase in since January 2013?

I think saying a 1% expected difficulty rise is a bit misleading.

I agree 1% is misleading, but the early signs are that it won't be another 25%+

Do bear in mind that as difficulty ever-rises the amount of hardware that must be rolled out per change also goes up by the same amount and I don't believe asic manufacturers are ramping up that fast.

With the announced S3 date I actually think this might be a reasonably low difficulty increase, yes. There's a couple of ways of looking at this, depending how tin-foil-hat you are;

1) the S3s are already running ('testing') and have therefore already contributed to the hashrate, and will sit there doing so until the 10th of July. Result, no difficulty increase of significant magnitude from available bitmain products, because who would buy an S2 now.

2) the S3s are being built by the bucketload ready for shipping, but will not do so until the 10th of July, not arriving with customers until the 12th/13th, around the time of the next difficulty change. Result, no difficulty increase of significant magnitude from available bitmain products, because who would buy an S2 now.

Yes, yes we all know that.

I think maybe 10-15% considering that there is a lot of hardware being rolled out, not just publicly like KnC but to huge farms that we don't even get to see a glimpse of.

What I'm hoping for is that now we have broken the sub $1000/TH we see another price war between the manufacturers. Anyone selling at more than $1000/TH including delivery is going to be sitting around with alot of stock on their hands.

[bit_NINj4]

I'd rather be pessimistic and pleasantly surprised.

You honestly think that with all the hardware being rolled out currently that we will see the lowest difficulty increase in since January 2013?

I think saying a 1% expected difficulty rise is a bit misleading.

I agree 1% is misleading, but the early signs are that it won't be another 25%+

Do bear in mind that as difficulty ever-rises the amount of hardware that must be rolled out per change also goes up by the same amount and I don't believe asic manufacturers are ramping up that fast.

With the announced S3 date I actually think this might be a reasonably low difficulty increase, yes. There's a couple of ways of looking at this, depending how tin-foil-hat you are;

1) the S3s are already running ('testing') and have therefore already contributed to the hashrate, and will sit there doing so until the 10th of July. Result, no difficulty increase of significant magnitude from available bitmain products, because who would buy an S2 now.

2) the S3s are being built by the bucketload ready for shipping, but will not do so until the 10th of July, not arriving with customers until the 12th/13th, around the time of the next difficulty change. Result, no difficulty increase of significant magnitude from available bitmain products, because who would buy an S2 now.

Yes, yes we all know that.

I think maybe 10-15% considering that there is a lot of hardware being rolled out, not just publicly like KnC but to huge farms that we don't even get to see a glimpse of.

What I'm hoping for is that now we have broken the sub $1000/TH we see another price war between the manufacturers. Anyone selling at more than $1000/TH including delivery is going to be sitting around with alot of stock on their hands.

BFL anyone? 

[jpchrist]

Not sure what you all are so excited about. Assuming you pay $0.1 per kwh the antminer s3 will only make 0.5669 BTC before it becomes obsolete (~160 days).  This assumes an average increase of 20% in difficulty.

[Flying Hellfish]

Not sure what you all are so excited about. Assuming you pay $0.1 per kwh the antminer s3 will only make 0.5669 BTC before it becomes obsolete (~160 days).  This assumes an average increase of 20% in difficulty.

It's been said a million times that basically mining is a bet against difficulty increase.  From a strictly profit PoV the risk outweighs the possible rewards by several magnitudes.  It amazes me soooooooo many people are willing to take such a lopsided gamble but am sort of glad they do as it all contributes to the network!

[klondike_bar]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

[zcline]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

They haven't started selling yet 

[alexrossi]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Here it isn't sold out yet, on the sale page appears "up coming"

[iglasses]

If they were shipping in 48-72 hrs. this would be awesome news.  The possibility of a unit ordered today and not shipping until 7/20, hashing 7/23-24 is pretty deflating.  Difficulty will be over 21G by then, making it very difficult to break even, let alone profit.

BitmainTech...you disappoint me.  

[Bitkoinzz]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Not sold out, they start selling in 28 minutes. And the price is perfect. Bitcoin prices are up. Bitmian will dominate once again. YES
edit.. my point being that the S3 is priced in Bitcoin, not dollars. And the prices are back up after the US Marshall B.S. If Bitcoins rise in price more, and they will, then the S3 becomes a great opportunity. I will buy at least 20.

[TheFridge]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Not sold out, they start selling in 28 minutes. And the price is perfect. Bitcoin prices are up. Bitmian will dominate once again. YES
edit.. my point being that the S3 is priced in Bitcoin, not dollars. And the prices are back up after the US Marshall B.S. If Bitcoins rise in price more, and they will, then the S3 becomes a great opportunity. I will buy at least 20.

10 oclock  +8 is actually in an hour and 20 mins. Here in Aus were on the same time and its 8:42 PM as I type this

[Bitkoinzz]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Not sold out, they start selling in 28 minutes. And the price is perfect. Bitcoin prices are up. Bitmian will dominate once again. YES
edit.. my point being that the S3 is priced in Bitcoin, not dollars. And the prices are back up after the US Marshall B.S. If Bitcoins rise in price more, and they will, then the S3 becomes a great opportunity. I will buy at least 20.

10 oclock  +8 is actually in an hour and 20 mins. Here in Aus were on the same time and its 8:42 PM as I type this

Ahh yes you are correct. Anyone want to bet on how fast they sell out? I say 10 minutes and all gone.....

[Collider]

This is probably the best difficulty prediction out there:

https://bitcoinwisdom.com/bitcoin/difficulty

It currently calculates with ~19% on the next jump, which seems pretty plausable.

[Bitkoinzz]

This is probably the best difficulty prediction out there:

https://bitcoinwisdom.com/bitcoin/difficulty

It currently calculates with ~19% on the next jump, which seems pretty plausable.

And dont forget, these S3's are priced in Bitcoin and Bitmain always slowly drops the price as they go along. As long as Bitcoin prices stay above $600 then this is a very good opportunity.

[Bicknellski]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Not sold out, they start selling in 28 minutes. And the price is perfect. Bitcoin prices are up. Bitmian will dominate once again. YES
edit.. my point being that the S3 is priced in Bitcoin, not dollars. And the prices are back up after the US Marshall B.S. If Bitcoins rise in price more, and they will, then the S3 becomes a great opportunity. I will buy at least 20.

10 oclock  +8 is actually in an hour and 20 mins. Here in Aus were on the same time and its 8:42 PM as I type this

Ahh yes you are correct. Anyone want to bet on how fast they sell out? I say 10 minutes and all gone.....

Sell out? They can produce what from 1000 to 3000 a day? How many chips they got in the pipeline?

[Bitkoinzz]

Wow... great price point at 0.75BTC per unit.  The specs state you only need 2 of the 4 PCI-e connections if you want to run it non-overclocked - so it would appear I can replace my 2 S1s with these and use the same HX1050 to power them both.

sold out though

0.75BTC isnt bad, espescially if it ships on the 10th. If it ships the 20th though, 0.75BTC would be a little bit over priced (0.65-0.7 would be fair)

Not sold out, they start selling in 28 minutes. And the price is perfect. Bitcoin prices are up. Bitmian will dominate once again. YES
edit.. my point being that the S3 is priced in Bitcoin, not dollars. And the prices are back up after the US Marshall B.S. If Bitcoins rise in price more, and they will, then the S3 becomes a great opportunity. I will buy at least 20.

10 oclock  +8 is actually in an hour and 20 mins. Here in Aus were on the same time and its 8:42 PM as I type this

Ahh yes you are correct. Anyone want to bet on how fast they sell out? I say 10 minutes and all gone.....

Sell out? They can produce what from 1000 to 3000 a day? How many chips they got in the pipeline?

I bet they don't take unlimited orders today. They will prob sell out today and then be back up selling more tomorrow or the next day or something similar. Then the second batch will be announced. Bet

[CroverNo01]

Some photos

[jelin1984]

so sexy

[vulgartrendkill]

omg cannot wait!

when will the buy button become live?

[uhoh]

omg cannot wait!

when will the buy button become live?

in 55 mins