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

[DevonMiner]

The sudden drop in BTC value really top down their plans.

It won't they'll probably link the cost to the dollar price ... as they did with the S2.

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[faetos]

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.

I am very glad they are doing this. I'd much rather wait (really, a week -that's nothing) and get quality equipment than get it now and have to ghetto engineer it to get it to hash at advertised speed.

[cesarm]

I think they are waiting to sell all the S2 before launching the S3.

I think that´s the reason.

This is good, because it means that the S3 will be a much better offer (I hope).

Maybe they made a mistake announcing the S3 before depleting their S2 stock.

[ernie-]

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.

I am very glad they are doing this. I'd much rather wait (really, a week -that's nothing) and get quality equipment than get it now and have to ghetto engineer it to get it to hash at advertised speed.

A week is probably 10% of the useful mining life of the device if you think about it, and look at the diff increases.

I think they are waiting to sell all the S2 before launching the S3.

I think that´s the reason.

That sounds plausible, I am quite sure they would have tested the S3 well by now.

[tzortz]

I think they are waiting to sell all the S2 before launching the S3.

I think that´s the reason.

This is good, because it means that the S3 will be a much better offer (I hope).

Maybe they made a mistake announcing the S3 before depleting their S2 stock.

Everyone knowing the S3 release, whos gonna buy the S2 now?

[mdude77]

fyi I disagree with the difficulty estimate.  I don't trust any site, I do my own calculations based on data from blockchain.info.  I'm seeing a current difficulty increase of 23.9% to 16,676,044,930.66.

Current time between blocks is 8.07 mins.

Change is slated to occur around 7:10 ET on 6/29.

M

Bitcoin wisdom is normally spot on and is the most accurate difficulty prediction site I have found, and it's predicting a 30% difficulty increase.

https://bitcoinwisdom.com/bitcoin/difficulty

+1 They have the best difficulty prediction.

mdude77 if you don't trust difficulty estimates you shouldn't be in the mining game imo.

Estimates are just that.  Estimates.  That's why I don't trust them.  Especially when they don't disclose how they estimate!

Mine is not an estimate.  It's what things are NOW.  If more hashpower is not added, it's how it will be next difficulty change.  Obviously hashpower will likely be added, which will increase it.  But considering we're 3.5 days from next change (at current hash power), I don't see it jumping from 23.6% to 30%.

In case you're wondering how I know, my M's Pool Monitor (see sig) has the calculations built into it based on the block info from blockchain.info.  Take the timestamp of the most recent block, subtract it from the timestamp of the block immediately before difficulty change, and divide that into how many blocks have been solved.  As of now that works out to 8.09 minutes a block.  Scale that to 10, and you get a 23.6% increase.  A little bit of math and I can predict the next change will be on 6/29 at 07:47 ET.

(This also means the closer we get to difficulty change, the more accurate the value is.)

M

[-droid-]

I think they are waiting to sell all the S2 before launching the S3.

I think that´s the reason.

This is good, because it means that the S3 will be a much better offer (I hope).

Maybe they made a mistake announcing the S3 before depleting their S2 stock.

Everyone knowing the S3 release, whos gonna buy the S2 now?

we dont know when they are going to ship the S3, only that within a few days they are going to open up sales.

I got an S2 a few days ago when btc was 600+ knowing btc would fall by the time they ship it, hence making my purchase even better

[toxic1978]

I think they are waiting to sell all the S2 before launching the S3.

I think that´s the reason.

This is good, because it means that the S3 will be a much better offer (I hope).

Maybe they made a mistake announcing the S3 before depleting their S2 stock.

Everyone knowing the S3 release, whos gonna buy the S2 now?

we dont know when they are going to ship the S3, only that within a few days they are going to open up sales.

I got an S2 a few days ago when btc was 600+ knowing btc would fall by the time they ship it, hence making my purchase even better

Yep, me too! Great minds and all that

[hardhouseinc]

Are there any trustworthy group buys yet for the S3?

[ChuckBuck]

Are there any trustworthy group buys yet for the S3?

Throw some caution to the wind here:

https://bitcointalk.org/index.php?topic=653256.0


Waldohoover has a long, distinguished history of setting up various Group Buys, so I'm pretty sure he can be trusted.

[topminingcontracts]

Are there any trustworthy group buys yet for the S3?

Throw some caution to the wind here:

https://bitcointalk.org/index.php?topic=653256.0


Waldohoover has a long, distinguished history of setting up various Group Buys, so I'm pretty sure he can be trusted.

We are working on a GB but that can be announced when we know shipping dates and prices.

Regards

Juan

[ernie-]

Are there any trustworthy group buys yet for the S3?

Why would you join a group buy when the S3 price is unknown? Last thing your would want to do is commit before knowing that!

[Swimmer63]

Are there any trustworthy group buys yet for the S3?

Why would you join a group buy when the S3 price is unknown? Last thing your would want to do is commit before knowing that!

No GB is asking commitments yet, with no price and no delivery date and no agreement.  But if you are thinking ahead you will reserve a spot on their list should they get a good rate.  I doubt they will be able to do anything on the first batch.  But after the hype calms down they may have a great deal.

[hexagram]

does anyone know how long it takes for shipments to arrive from china? and does anyone have problems with customs?

thanks!

[Und3rd0g]

does anyone know how long it takes for shipments to arrive from china? and does anyone have problems with customs?

thanks!

I am in the US (Wisconsin) and have gotten shipments from BITMAIN in 3 days.  No customs issues in the US.

[philipma1957]

does anyone know how long it takes for shipments to arrive from china? and does anyone have problems with customs?

thanks!

 for the usa   3 to 5 days from when you pay.  custom issues happen..

for the usa  : orders over 2500 can some extra have problems.  orders under 2500 usd go pretty well.  ie no duty or taxes.


europe ;  has vat tax and it can be high.

[nickgaff]

Just picked up a S2 for $900 aussie dollars 

[Swimmer63]

does anyone know how long it takes for shipments to arrive from china? and does anyone have problems with customs?

thanks!

No custom issues in the US.  Three days via UPS to the west coast.  Pretty fast.

[jpchrist]

Just picked up a S2 for $900 aussie dollars 

Oh yeah!? I just picked one up for $899.  I obviously win and am smarter than you.

[ZiG]

Just picked up a S2 for $900 aussie dollars 

Where...Link...

BitMain price is...:

... 1820 USD ( 3.188 BTC )