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ComputerGenie
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June 15, 2017, 10:09:49 AM |
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...I would think if they wanted to make a 20TH version they could just make a bigger chassis with more boards in it.
And quintuple the amount of people complaining that they can't keep it quiet in their 105°F garage.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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bit2255
Member
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Activity: 125
Merit: 10
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June 15, 2017, 11:44:07 AM
Last edit: June 15, 2017, 11:57:36 AM by bit2255 |
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Block!!!!
With 2 payouts
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philipma1957
Legendary
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Activity: 4130
Merit: 7923
'The right to privacy matters'
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June 15, 2017, 01:37:59 PM |
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Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
yes the limit is imposed for psu size. no more complex then that. and since it is far more efficient then any other miner they are going with it. Finally they make a fortune with the s-7 on hashnest so they will do status quo until someone else brings out a 20th 1200 watt unit. their s-7 division is a solid money maker for them  |
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VRobb
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June 15, 2017, 02:37:02 PM |
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Block!!!!
With 2 payouts
Wow, first block of Block Thursday tm and there's no Carl jumping on it??  Cheers to jimmy for cracking that 200%+ diff block! June's stats still jamming!!  |
I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH! Oh The SPEED!!!
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ComputerGenie
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June 15, 2017, 03:16:50 PM |
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...they make a fortune with the s-7 on hashnest...
Hashnest, and cloud-mining in general, now there's an idea to take advantage of the FOMO crowd if I've ever seen one.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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Minor Miner
Legendary
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Activity: 2296
Merit: 1012
Be A Digital Miner
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June 15, 2017, 04:01:51 PM |
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...
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.
I wonder about that. When I stayed in LA last week it cost me $703.00 on MC - then tx fees were another $21.09 on top ... ... ... ... Are the TX fees high in reality or just "more than free"? If you look at all the coin transferred on a block and then take the 2BTC of TX fees for the block, what is the average percentage? |
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ComputerGenie
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June 15, 2017, 04:04:49 PM |
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Well, we could dump BTC/USD back to under $360, and then a tx would be under 5¢ again. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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VRobb
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June 15, 2017, 05:22:20 PM |
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And another block by jimmy. On fire!!  |
I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH! Oh The SPEED!!!
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oawan
Member
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Activity: 67
Merit: 10
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June 15, 2017, 05:23:19 PM |
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...
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.
I wonder about that. When I stayed in LA last week it cost me $703.00 on MC - then tx fees were another $21.09 on top ... ... ... ... Are the TX fees high in reality or just "more than free"? If you look at all the coin transferred on a block and then take the 2BTC of TX fees for the block, what is the average percentage? This was probably a foreign transaction fee charged by Kano's bank. Keep in mind MC also charged the hotel ~$15-20 in fees. But me personally, I love credit cards. It's negative fees (I earn miles/points) with every purchase and the merchant pays the fees. The way I see it there is a niche market for bitcoin payment processing, and the current fees are not excessive for this market. They can be excessive for people consolidating small balances or sending small payments, but realistically bitcoin is not ever going to catch on as something people use to buy lunch. Credit/debit cards will always be faster/easier for that purpose. |
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Herv12
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June 15, 2017, 05:24:14 PM |
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Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
If you look at the control card of an S7 or an S9, there are unused connectors. In large farms, they probably couple 5x S9 on a single controller to reduce the cost. That make 70Ths per miner. But it's not sold at retail.  On the other hand to consume less energy than an S9, it will be necessary to pass on smaller chips (currently 16nm). TSMC announced technologies in 12 10 and even 7nm for the end of the year. 7nm should still double the computing power for the same power consumption. |
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ComputerGenie
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June 15, 2017, 05:35:00 PM |
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If you look at the control card of an S7 or an S9, there are unused connectors....
There's other components (resistors, etc.) "missing" as well. |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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oawan
Member
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Activity: 67
Merit: 10
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June 15, 2017, 05:38:59 PM |
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Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
Not really. It's a PSU issue. It's not really practical to have single machines pulling more than 1500w. As for making a more efficient miner with the same power draw, I think it will be 6 months - 1 year off. Bitmain uses 16nm chips for the S9's, and obviously they have designed a fantastic chip. Another small manufacturer came out with a 14nm chip Ebang, but the efficiency is not as good as Bitmain's 16nm chip. So either Bitmain has a very good chip design or Ebang has a very bad one, or both. So with other manufacturers, it doesn't look like 14nm chips will be able to beat S9's. Keep in mind, Intel and AMD's latest generation of CPU's are 14nm. Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain. The max efficiency gain will be around 40%. Which would be about 19th @ 1350w. I think 7nm is too far off. |
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kano (OP)
Legendary
Offline
Activity: 4508
Merit: 1819
Linux since 1997 RedHat 4
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June 15, 2017, 05:39:28 PM |
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Out of curiosity.
The S9 has been on the market for sometime now. I am wondering it is the limitation of hashing hardware/power or it is possible to got higher than 13.5TH but not releasing it for some reasons...
If you look at the control card of an S7 or an S9, there are unused connectors. In large farms, they probably couple 5x S9 on a single controller to reduce the cost. That make 70Ths per miner. But it's not sold at retail. ... On the other hand to consume less energy than an S9, it will be necessary to pass on smaller chips (currently 16nm). TSMC announced technologies in 12 10 and even 7nm for the end of the year. 7nm should still double the computing power for the same power consumption. ... like a Canaan Avalon A741x20 on one controller - the RPi3 has 4 USB ports and you chain 5 A741s to each port - 150 - 160 THs |
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ComputerGenie
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June 15, 2017, 05:42:34 PM |
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...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame.  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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oawan
Member
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Activity: 67
Merit: 10
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June 15, 2017, 05:49:37 PM |
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...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. I'm assuming it's already ongoing. It would take about $150-200 million to develop which is still only ~0.5% of bitcoin's market cap. A small price to pay to be able to absolutely dominate the mining market for the next 2-3+ years. Smaller manufacturers can't afford it, but bitmain sure can. |
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dzimmerm56
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Activity: 118
Merit: 14
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June 15, 2017, 06:46:47 PM |
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Well the point is, i see these miners go on ebay.de around 550 to 650 euro's. Lets say i would get 1100 euro's, at the current rate (sigh) that's is 0,5 BTC.
With the exponentially growing Diff I've seen my profits go from 0,28 to 0,12 BTC/month in the last half year. So, what i'm wondering is that if I mine for half a year,
what would those miners still be worth? I'm guessing that in another 6 months I might scrape 0,5BTC with 2 S7's but by then the diff will have risen so much that monthly it's 0,05BTC for 9TH..
I can only use about 3000watt so more miners is not an option.
Furthermore, the whole BitMain HardFork, scaling debate and all is not healty for Bitcoin.
I got into Bitcoin from an ideological point of view, get rid of the banks... but now we miners like the high TX fee's.
But the TX fee's can't stay this high, otherwise BTC is not usable for making payments anymore.
I agree that the pools are somehow like banks now. [/quote] Perhaps you should consider not how many bitcoin are being produced but their value in dollars. If the price of bitcoin continues to rise then continuing to mine profitably should not be an issue. dzimmerm |
1 S9, 2 A741s, 1 A821, 3 A841s, and full bitcoin node
About 80THash/sec
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ComputerGenie
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June 15, 2017, 07:14:55 PM |
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All I can say on the to the "I only profit x because...." people is:  |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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kano (OP)
Legendary
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Activity: 4508
Merit: 1819
Linux since 1997 RedHat 4
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June 15, 2017, 08:26:11 PM |
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...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. Well, 10nm is old hat now ... with 7nm coming soon ... |
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overcon
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June 15, 2017, 11:14:18 PM |
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Why so many orphaned blocks all of a sudden?
Read the previous 2 pages ... '2' is so many? The previous was last December. 2 in a month and the last one was December, yes I would consider that 'so many' all things considered since I have been mining that was why I asked. I then went back and read the previous pages so I got my answer. |
Donate BTC to: 1PXBBTLqXQnT9qAyWsc51XGj2GUt4WW57x
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NotFuzzyWarm
Legendary
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Activity: 3640
Merit: 2567
Evil beware: We have waffles!
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June 15, 2017, 11:28:29 PM
Last edit: June 16, 2017, 12:56:37 PM by NotFuzzyWarm |
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...Speculation on my part, but I'd expect a 10nm chip in maybe 6 months - 1 year from bitmain...
I'm not seeing where the market could/would drive that kind of research expense in that short of a time-frame. Well, 10nm is old hat now ... with 7nm coming soon ... Ja. Saw a PR release from GloFo today dated the 9th saying they are jumping directly to 7nm with major players (read: AMD, Cisco, and a few others) planing on engineering samples starting 1st half of 2018 and (my note: hoping for) limited productions by end of 2018. https://www.electronicsweekly.com/news/business/7nm-customer-socs-globalfoundries-h1-2018-2017-06/Do note that pretty much all talk about chips using 12/10nm and under is directed at them being SoC - System on Chip devices and NOT single-function chips like <ahem> ASICs or even more complex ones like being 'just' a CPU or GPU. As for Bitmain and friends using it? Good bet it will be explored but as others have said, right now 16/14nm is doing fine and there is not yet a need/market to justify even attempting production runs for a long time. |
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