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Author Topic: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382  (Read 143970 times)
taipo
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June 25, 2014, 12:09:34 PM
 #681

Its a prediction, so it can be low or high in the lead up but by about 1 or 2 days out its usually on the money.  Either way its going to be a big jump this time and probably a little better but not much better over the next month or two as well.

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June 25, 2014, 01:10:52 PM
 #682

The biggest difficulty increase since December. Damn............. Sad

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June 25, 2014, 01:20:48 PM
 #683

The biggest difficulty increase since December. Damn............. Sad

yeah and with a lot major companies

  Black Arrow
  BFL
  KNC
  Bitmaintech
  AM

 3x 20 plus   is a good bet.

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ChuckBuck
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June 25, 2014, 01:23:15 PM
 #684

The biggest difficulty increase since December. Damn............. Sad

yeah and with a lot major companies

  Black Arrow
  BFL
  KNC
  Bitmaintech
  AM

 3x 20 plus   is a good bet.

YIKES!  Down goes the home miner... Cry

Time to start clearing out the mini mine.

CharityAuction
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ColdScam
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June 25, 2014, 01:30:00 PM
 #685

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink
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June 25, 2014, 01:31:00 PM
 #686

Stop spam posting your donation address and links to your crappy p2p node.

thanks

Come on, man, it's not completely off-topic, just slightly.

Edit: His P2Pool front-end implementation is also the best to date, to be clear.

Thanks Tracer, as Bitmain claims to have around 20% of the total hash rate right now I think compatibility with p2pool is an important topic...
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June 25, 2014, 01:35:30 PM
 #687

with this kind of situation...
S3 will be over 1BTC...  Cry
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June 25, 2014, 02:17:31 PM
 #688

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink

Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.

The real issue is will fiat to btc change a lot.    I purchased 2 coins at 560-570 usd    so lets say I spent 1130 fiat for the coins.

So for the sake of easy math I send two coins for 2 machines.   I want my fiat back.

 So will I get it?  not if coins stay at 565 usd  and diff moves crazy.   


 So what to do as a smaller  miner get cheap power  under 5 cents I roi . 

   Buy 2 sell one on ebay   hoping to make 200 on it.  letting me get the one I keep cheaper then oem price maybe.

 Hold my 2 coins that I purchased for 1130 hope for price shift maybe.

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.
.. PLAY NOW ..
R4v37
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June 25, 2014, 02:57:27 PM
 #689

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink

Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.

The real issue is will fiat to btc change a lot.    I purchased 2 coins at 560-570 usd    so lets say I spent 1130 fiat for the coins.

So for the sake of easy math I send two coins for 2 machines.   I want my fiat back.

 So will I get it?  not if coins stay at 565 usd  and diff moves crazy.   


 So what to do as a smaller  miner get cheap power  under 5 cents I roi . 

   Buy 2 sell one on ebay   hoping to make 200 on it.  letting me get the one I keep cheaper then oem price maybe.

 Hold my 2 coins that I purchased for 1130 hope for price shift maybe.

FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro

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June 25, 2014, 03:01:04 PM
 #690

Hold on to the coins for now and wait until things are clearer and market pressures force down the price of equipment.
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June 25, 2014, 03:03:33 PM
 #691

Just when I though the difficulty would slow down and the jump just scared me.

Get Daily Free SIGNs before too late. SyeED5YaZeVPows6Zx9z1hJ7twNJrKLrJB
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June 25, 2014, 03:06:08 PM
 #692

S3 can probably overclocked to 554Ghs as per datasheet.
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June 25, 2014, 07:12:11 PM
 #693

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink

Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.

The real issue is will fiat to btc change a lot.    I purchased 2 coins at 560-570 usd    so lets say I spent 1130 fiat for the coins.

So for the sake of easy math I send two coins for 2 machines.   I want my fiat back.

 So will I get it?  not if coins stay at 565 usd  and diff moves crazy.   


 So what to do as a smaller  miner get cheap power  under 5 cents I roi . 

   Buy 2 sell one on ebay   hoping to make 200 on it.  letting me get the one I keep cheaper then oem price maybe.

 Hold my 2 coins that I purchased for 1130 hope for price shift maybe.

FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro




I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.

Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.
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June 25, 2014, 07:27:53 PM
 #694

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink

Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.

The real issue is will fiat to btc change a lot.    I purchased 2 coins at 560-570 usd    so lets say I spent 1130 fiat for the coins.

So for the sake of easy math I send two coins for 2 machines.   I want my fiat back.

 So will I get it?  not if coins stay at 565 usd  and diff moves crazy.   


 So what to do as a smaller  miner get cheap power  under 5 cents I roi . 

   Buy 2 sell one on ebay   hoping to make 200 on it.  letting me get the one I keep cheaper then oem price maybe.

 Hold my 2 coins that I purchased for 1130 hope for price shift maybe.

FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro




I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.

Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.

You rely on noobs. Loads of people known about bitmain but are scared or have no BTC to purchase directly.
Plus paying in fiat for them is more comfortable as they can use paypal etc.
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June 25, 2014, 07:32:44 PM
 #695

I do hope many people realize the diff increases have already made this piece of hardware old and redundant. Unless the price for it is outrageously low, which it won't be  Wink

Well as to what works and does not work for roi .78 watts a hash is better then most gear on the market.

The real issue is will fiat to btc change a lot.    I purchased 2 coins at 560-570 usd    so lets say I spent 1130 fiat for the coins.

So for the sake of easy math I send two coins for 2 machines.   I want my fiat back.

 So will I get it?  not if coins stay at 565 usd  and diff moves crazy.  


 So what to do as a smaller  miner get cheap power  under 5 cents I roi .  

   Buy 2 sell one on ebay   hoping to make 200 on it.  letting me get the one I keep cheaper then oem price maybe.

 Hold my 2 coins that I purchased for 1130 hope for price shift maybe.

FYI, bitmain is known widely, so people will just buy directly from bitmain...
btw, hope you can make it bro




I disagree, I've been selling Bitmain products on EBay for about 4 months and I can always sell them two weeks later and at the very least breakeven after ebay fee's and customs fees. So technically I have been mining for free for over 4 months. EBay buyers are often in my experience fairly clueless on Bitcoin and the mining process. They often have recently heard of it and gone onto EBay then jumped into buying hardware without really knowing what they are financially up against.

Selling you hardware frequently is unfortunately the ONLY way to mine on a small scale at the moment, otherwise you'd be better off just hoarding your bitcoin for a while.

You rely on noobs. Loads of people known about bitmain but are scared or have no BTC to purchase directly.
Plus paying in fiat for them is more comfortable as they can use paypal etc.

Back to my favorite OFF_TOPIC subject...E-Bay ... Grin

Does E-Bay have their own forum(s)... Huh
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June 25, 2014, 07:49:26 PM
 #696

Maybe I missed it but didn't they say S3 are going to go on sale in 3 days - aren't we passed the deadline?

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June 25, 2014, 07:54:18 PM
 #697

Maybe I missed it but didn't they say S3 are going to go on sale in 3 days - aren't we passed the deadline?



They revised it to 1 week

I only have a signature because I'm allowed.
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June 25, 2014, 07:56:17 PM
 #698

They are delaying it because of technical issues, they are test running the s3s to provide the same reliable miner s1 was with the same price that will ROI just like s1 did. Maybe just one day before diff hits 16G they would open for orders.
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June 25, 2014, 07:56:26 PM
 #699

They promised they will give a promise of release in a week. So that will be soon. After all Bitmaintech is the most trusted manufacturer since now.
The sudden drop in BTC value really top down their plans.
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June 25, 2014, 08:22:18 PM
 #700

They are delaying it because of technical issues, they are test running the s3s to provide the same reliable miner s1 was with the same price that will ROI just like s1 did. Maybe just one day before diff hits 16G they would open for orders.

My wallet is ready ! ^^
S1 was and are still rock solid.

I expect the same reliability.
Go Bitmain ! Go !
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