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

[gmaxwell]

They delayed the launch.

[philipma1957]

They delayed the launch.

yes as they are mining at the lower diff rate.     this is an edge that only huge asic builders can do.

very simple.  the exact day diff jumps put out 20 percent more gear then the entire network has..  mine that gear at the current diff for 10 to 11 days  then release it to us.

so they mine 20 to 30ph at 13.7   we get it and the network is 16.2   .  figure out how much that is? it is 1100btc a day for 10 to 11 days.  or 11000 to 12000 btc.


this happens as I type .  it is AM and Bitmaintech combined.      what is that in usd  6.6 million dollars. 

The rich get richer.

[RoadStress]

They delayed the launch.

yes as they are mining at the lower diff rate.     this is an edge that only huge asic builders can do.

If this diff jump is from S3s and Neptune already mining then it's not so bad. I'm satisfied for now.

[ernie-]

They delayed the launch.

yes as they are mining at the lower diff rate.     this is an edge that only huge asic builders can do.

very simple.  the exact day diff jumps put out 20 percent more gear then the entire network has..  mine that gear at the current diff for 10 to 11 days  then release it to us.

so they mine 20 to 30ph at 13.7   we get it and the network is 16.2   .  figure out how much that is? it is 1100btc a day for 10 to 11 days.  or 11000 to 12000 btc.


this happens as I type .  it is AM and Bitmaintech combined.      what is that in usd  6.6 million dollars.  

The rich get richer.

Stupid conspiracy theory from people that haven't even spent 5min to work out that it's far more profitable to keep shipping the boxes out the door than to mine with them. Once upon a time when you could make 0.3BTC per day off 32watts with a BFL Jalapeno it was worth manufacturers running a mining farm but not anymore.

An S2 makes what 0.037 per day, but selling it makes 3.131 BTC, when you can sell all you can make, go do the math.

[chadwickx16]

They delayed the launch.

yes as they are mining at the lower diff rate.     this is an edge that only huge asic builders can do.

If this diff jump is from S3s and Neptune already mining then it's not so bad. I'm satisfied for now.

It's possible that they are testing the difficulty to establish a price, and if that means a 25% increase now and a 10% increase next I'm good for that.

[philipma1957]

They delayed the launch.

yes as they are mining at the lower diff rate.     this is an edge that only huge asic builders can do.

very simple.  the exact day diff jumps put out 20 percent more gear then the entire network has..  mine that gear at the current diff for 10 to 11 days  then release it to us.

so they mine 20 to 30ph at 13.7   we get it and the network is 16.2   .  figure out how much that is? it is 1100btc a day for 10 to 11 days.  or 11000 to 12000 btc.


this happens as I type .  it is AM and Bitmaintech combined.      what is that in usd  6.6 million dollars.  

The rich get richer.

Stupid conspiracy theory from people that haven't even spent 5min to work out that it's far more profitable to keep shipping the boxes out the door than to mine with them. Once upon a time when you could make 0.3BTC per day off 32watss with a BFL Jalapeno it was worth running a mining farm but not anymore.

An S2 makes what 0.037 per day, and selling it makes 3.131 BTC, when you can sell all you can make, go do the math.

  you do the math.    

 they do what I say for one   11 day period then sell the gear.   they make more money my way then your way.  but you can stick to your beliefs and I will stick to mine.

 No need to  call the theory stupid.  If it is correct when they release the gear and sell it to us.  The next diff will be small  since the gear they mined with will be in transit to us.  This has happened time and time again.  why wouldn't  they mine with the gear (s3's).  when this edge is a given provable fact.
  You do understand the edge only exists for that 1 diff period? And that they have run farms already.

[hurricandave]

If they are already mining with the gear then the Network speed will be unaffected as the devices are already currently contributing to the network difficulty regardless of who has them plugged in you or them. I would believe that the delay is more likely an issue of the devices need to have firmware changes after issues were observed in post production testing. 

[philipma1957]

If they are already mining with the gear then the Network speed will be unaffected as the devices are already currently contributing to the network difficulty regardless of who has them plugged in you or them. I would believe that the delay is more likely an issue of the devices need to have firmware changes after issues were observed in post production testing.  

okay.   I am not saying you are wrong.     but does anyone understand what I said?

Diff is 13.46      and there is 100ph of hash.    The day diff is moved to 13.46    2160 blocks are started..  and they should take 10 minutes to solve that is why the diff was moved to 13.46
  this happened about 1300 block ago.  

 So 2 major builders not one announced and then delayed gear.  If it really works and they are 'test' mining  at diff of 13.46   it explains why the block speed is 7.42 blocks per hour not 6 blocks an hour.  they added  a lot of gear not a little bit of gear.  and speed the network from 10 minutes per block to 7.42 minutes per block.

  this edge ends when  diff is jumped to 16.2 or so  reducing the block speed back down to 10 minutes.

So we get the gear and it earns less.    Someone has added enough hash to change speed from 10 minutes to 7.42 minutes..  Anyone that wants to think it is not bitmaintech + AM could be correct.

Sp30's and KNC and BFL could be doing it.    If that is the case it is far worse then my idea.   Since AM and bitmaintech added to that will mean 3 rounds of 25%

oh one more player black arrow has gear shipping the x-1 so they may have built and are testing the x-3's.

Fact is since the last diff jump tons and tons of gear has been added.

[Mudbankkeith]

If they are already mining with the gear then the Network speed will be unaffected as the devices are already currently contributing to the network difficulty regardless of who has them plugged in you or them. I would believe that the delay is more likely an issue of the devices need to have firmware changes after issues were observed in post production testing. 

when you buy one, check the onboard log file.

this will tell you how long it has been mining.

the files were never deleted on the S1 that I have.

[Swimmer63]

If they are already mining with the gear then the Network speed will be unaffected as the devices are already currently contributing to the network difficulty regardless of who has them plugged in you or them. I would believe that the delay is more likely an issue of the devices need to have firmware changes after issues were observed in post production testing.  

okay.   I am not saying you are wrong.     but does anyone understand what I said?

Diff is 13.46      and there is 100ph of hash.    The day diff is moved to 13.46    2160 blocks are started..  and they should take 10 minutes to solve that is why the diff was moved to 13.46
  this happened about 1300 block ago.  

 So 2 major builders not one announced and then delayed gear.  If it really works and they are 'test' mining  at diff of 13.46   it explains why the block speed is 7.42 blocks per hour not 6 blocks an hour.  they added  a lot of gear not a little bit of gear.  and speed the network from 10 minutes per block to 7.42 minutes per block.

  this edge ends when  diff is jumped to 16.2 or so  reducing the block speed back down to 10 minutes.

So we get the gear and it earns less.    Someone has added enough hash to change speed from 10 minutes to 7.42 minutes..  Anyone that wants to think it is not bitmaintech + AM could be correct.

Sp30's and KNC and BFL could be doing it.    If that is the case it is far worse then my idea.   Since AM and bitmaintech added to that will mean 3 rounds of 25%

oh one more player black arrow has gear shipping the x-1 so they may have built and are testing the x-3's.

Fact is since the last diff jump tons and tons of gear has been added.

Regardless of the profit wisdom to mine before you sell, philipma1957 is correct.  An enormous amount of hardware has come on line in the past 5 days or so.  I have no way of knowing for sure, but given the block speed I would guess it's very likely more than one company.

[hurricandave]

BitFury is making a push to list on the stock market and just received $20million in Angel funds or so they say, that doesn't happen without something in hand to show for the value!

[ernie-]

BitFury is making a push to list on the stock market and just received $20million in Angel funds or so they say, that doesn't happen without something in hand to show for the value!

They probably need the money to fab the next generation. Their 55nm is pretty old now.

[philipma1957]

If they are already mining with the gear then the Network speed will be unaffected as the devices are already currently contributing to the network difficulty regardless of who has them plugged in you or them. I would believe that the delay is more likely an issue of the devices need to have firmware changes after issues were observed in post production testing.  

okay.   I am not saying you are wrong.     but does anyone understand what I said?

Diff is 13.46      and there is 100ph of hash.    The day diff is moved to 13.46    2160 blocks are started..  and they should take 10 minutes to solve that is why the diff was moved to 13.46
  this happened about 1300 block ago.  

 So 2 major builders not one announced and then delayed gear.  If it really works and they are 'test' mining  at diff of 13.46   it explains why the block speed is 7.42 blocks per hour not 6 blocks an hour.  they added  a lot of gear not a little bit of gear.  and speed the network from 10 minutes per block to 7.42 minutes per block.

  this edge ends when  diff is jumped to 16.2 or so  reducing the block speed back down to 10 minutes.

So we get the gear and it earns less.    Someone has added enough hash to change speed from 10 minutes to 7.42 minutes..  Anyone that wants to think it is not bitmaintech + AM could be correct.

Sp30's and KNC and BFL could be doing it.    If that is the case it is far worse then my idea.   Since AM and bitmaintech added to that will mean 3 rounds of 25%

oh one more player black arrow has gear shipping the x-1 so they may have built and are testing the x-3's.

Fact is since the last diff jump tons and tons of gear has been added.

Regardless of the profit wisdom to mine before you sell, philipma1957 is correct.  An enormous amount of hardware has come on line in the past 5 days or so.  I have no way of knowing for sure, but given the block speed I would guess it's very likely more than one company.

Ah in the end for a guy like me if I want to mine at home it is not going to  be BTC.  

Right not it looks like gridseed blades add 1 a week . and wait for something to break good in the btc market.

This wait for the s-3 and wait for the rk-box timing hand in hand has set me back a bit. I have to wonder what does it mean.

[Bitkoinzz]

BTC is $575 right now. New S3 prediction price  ..1.4 BTC. Bet

[denniscdunbar]

BTC is $575 right now. New S3 prediction price  ..1.4 BTC. Bet

no one will buy at that price.  Anything over 1BTC is too much.  When all the s3's hit the market and other vendor hardware come online diff is going to shoot thru the roof.


DoubleDD

[nickgaff]

Thats what she said 

[Swimmer63]

BTC is $575 right now. New S3 prediction price  ..1.4 BTC. Bet

no one will buy at that price.  Anything over 1BTC is too much.  When all the s3's hit the market and other vendor hardware come online diff is going to shoot thru the roof.


DoubleDD

It already is.

[windpath]

For p2pool Compatibility:
https://bitcointalk.org/index.php?topic=18313.msg7499422#msg7499422

************URGENT**********
@forrestv - This is your chance to prove to p2pool users that you actually care - I & every user here would like to see some input from you regarding this - please provide any info you can.....

BIG +1, S2's and upcoming S3's are ciritical to our success.


I'd like to start a bounty for forrestv to complete this.

I will start it with a BTC0.50 bounty offered to forrestv for a working solution for p2pool/anitminer S2 & S3 compatibility with the Ants achieving expected hashrate and shares.

Anyone is welcome to contribute to the donation address, bounty is paid to forrestv (or his designee) upon a working, distributed solution or returned in full in 30 days, I will pay return tx fees for any donation over BTC0.001, if your donation is less, consider it donated.

Bounty Address: 1Ft1DZ4EcpH1jFttDoPwsFbe11a6diyZ1H

https://blockchain.info/address/1Ft1DZ4EcpH1jFttDoPwsFbe11a6diyZ1H

Signed message:

Code:

forrestv p2pool antminer s2 and s3 compatibility fix.

Message signature:

Code:

G7zuvJ7/LPv7LpZveAsQWet1gAR42bnwFRVPB7NsnGqPnWkN8bqSSN1UwR+NnfDs/8LkruqZcVsTTdfcy5pcNj4=

Please contribute.


Edit: Any additional donations (over BTC0.001) will be returned to donation address or paid to Forrest or his designee on or before July 25th, 2014.

My hope is to pay Forrest for work done, lets make the bounty worthwhile.

[makngeerwork]

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

thanks

[TracerX]

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.