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Author Topic: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382  (Read 143991 times)
googlemaster1
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June 30, 2014, 01:08:54 PM
 #1081

52 minutes....

BTC: 15565dcUp4LEWe6KYT7tawMHFRL4cBbFGN
vulgartrendkill
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June 30, 2014, 01:09:33 PM
 #1082

omg cannot wait!

when will the buy button become live?

in 55 mins

Great just as I get on a train and lose mobile signal.... lol.
Bitcoin++
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June 30, 2014, 01:11:50 PM
 #1083

OMG, 0.75 BTC ... how can you ever ROI with that price?
https://bitcoinwisdom.com/bitcoin/calculator
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June 30, 2014, 01:16:58 PM
 #1084

i hope the servers will stand... ddos from hell
klondike_bar
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June 30, 2014, 01:17:58 PM
 #1085

FYI i sell some terrific PCIe leads and splitters in my sig link if anyone is looking.

24" 16AWG leads - 1 male PCIe plug and the other end is stripped wire tails (ideal for use modifying server power supplies)
6"  18AWG (x2) MFM PCIe Y-Splitters - Ideal for antminer S1 and S3 units if you dont have enough PCIe connectors on your PSU. This is a quality, 6-wire 18awg splitter capable of handling a lot more current than some of the flimsy gear found on ebay which often uses 20awg wire at best

*tip: if the S3 can be powered by a single PCIe per blade its usually better to do it that way - adding a splitter would only cause more wire resistivity and the PCB should certainly have thick copper traces that make using a single plug okay.

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
s1gs3gv
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June 30, 2014, 01:22:21 PM
 #1086

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!

I'm not jumping on this at .75 BTC, esp. if it doesn't ship until July 10-20

I can do better in a game of Texas Hold'em

Waiting for coupons
Bitkoinzz
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June 30, 2014, 01:26:23 PM
 #1087

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!

I'm not jumping on this at .75 BTC, esp. if it doesn't ship until July 10-20

I can do better in a game of Texas Hold'em

Waiting for coupons
I guarantee you that I will make big money from these S3's..... Bet.....Just like the S1's, makin money everyday.. still...

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Biffa
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June 30, 2014, 01:51:42 PM
 #1088

OMG, 0.75 BTC ... how can you ever ROI with that price?
https://bitcoinwisdom.com/bitcoin/calculator

Because difficulty won't stabilize at 20% it will spike and then drop, then when the next big hardware changes happens, spike and then drop, but each spike will be lower than the previous ones and each drop will be deeper than the previous ones.

Look at the difficulty history at the bottom of that page.

I'm not saying its going to make zillions but there is a pretty good chance, going by past difficulty history that it will better than just sticking 20% into a calculator.

Mine @ pools that pay Tx fees & don't mine empty blocks :: kanopool :: ckpool ::
Should bitmain create LPM for all models?
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
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June 30, 2014, 01:52:25 PM
 #1089

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  

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ChuckBuck
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June 30, 2014, 01:55:51 PM
 #1090

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  

Neither, you'll never mine that 2.25 BTC back.  Doesn't matter if you mine the fiat value back, you're losing coins.

CharityAuction
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ColdScam
s1gs3gv
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June 30, 2014, 01:56:20 PM
 #1091

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  

You should use net present value, ie: 463.50.
Bitkoinzz
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June 30, 2014, 01:58:01 PM
 #1092

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  
S3 should make roughly .019 btc a day if that helps....that is during this difficulty period. Next one about .017 or so

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
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midyatspor
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June 30, 2014, 01:59:37 PM
 #1093

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  
S3 should make roughly .019 btc a day if that helps....

website overloaded, perhaps they should use Amazon Web Services for load balancing.
chomeop
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June 30, 2014, 02:01:05 PM
 #1094

......and the sites down Sad
imar2014
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June 30, 2014, 02:01:45 PM
 #1095

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  
S3 should make roughly .019 btc a day if that helps....

Are you referring 0.019 to a single s3 or all 3 ?
Bitkoinzz
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June 30, 2014, 02:01:58 PM
 #1096

THE SALE IS ON .... YES

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
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Bitkoinzz
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June 30, 2014, 02:02:39 PM
 #1097

I think I will buy 3.

  BTW btc is up to 618 usd.

Now since I purchased 2.25 btc at 560 usd specifically to buy these.  

Should:

 I tell myself they cost  me  .75 x 560 usd = 420

Or should I tell myself they cost me .75 x 618 = 463.50



Hey   s1gs3gv

 how should I do cost basis?  
S3 should make roughly .019 btc a day if that helps....

Are you referring 0.019 to a single s3 or all 3 ?
JUST 1

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
  WEBSITE  TELEGRAM  ANN  BOUNTY  LINKEDIN  WHITEPAPER  Referral Program 5%
Pt0x
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June 30, 2014, 02:02:52 PM
 #1098

Involuntary DDOS by users?Huh

BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
ORabbit
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June 30, 2014, 02:03:30 PM
 #1099

Has anyone been able to get on the site?
jpchrist
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16Q3R8NAfK63DvkTUGgLdPScyMU8uSAJUH


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June 30, 2014, 02:04:06 PM
 #1100

Has anyone been able to get on the site?

works for me, just ordered 10 Smiley
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