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kingcolex (OP)
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October 17, 2014, 03:55:46 PM
Last edit: October 02, 2023, 02:19:07 PM by kingcolex
 #1

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October 17, 2014, 05:44:30 PM
 #2

I'm waiting for the 10TH miners for $500 to come out.

What do you guys think, like a year from now?
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October 17, 2014, 06:35:01 PM
 #3

I too will wait until the next generation comes out, with even more denser form factors, and even more energy efficient chips make it out to market.  As technology progresses, we'll see some more drastic price cuts we hope, as home miners.

Either that or we'll buy overpriced, inefficient, heat generating miners that we'll buy like the greedy lizard brain suckers we are.   Cool

In all seriousness though, I'll personally sit it out until maybe 16nm chips are the norm and the sticker shock is in the 3 figures.  Then I might actual consider jumping back in.

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October 17, 2014, 07:03:17 PM
 #4

Bitmain is trying to address the density part of the equation with their new C1.  It's effectively two S3+ combined into a single S3-sized chassis.  Water cooled (need to supply your own kit).  It's kind of interesting and goes to show how the manufacturers are trying to make the most of the current generation tech.

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October 17, 2014, 07:50:16 PM
 #5

S4s would be flying off the shelf if coins were trading in the US $500+ range!

Speculation: late Q4 + same chip/bigger board + slightly better efficiency ~1TH
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October 17, 2014, 11:27:41 PM
 #6

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink
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October 18, 2014, 12:25:35 AM
 #7

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink

Mining is still alive with cheap electricity.  I will agree it's no longer the 3 month roi guarentee.  At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity.

I do agree there will be a day when most are "cloud mining".  As i like hardware i hope it is still a little ways away.  Cloud mining is getting cheaper though and will continue to be more and more attractive.
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October 18, 2014, 01:44:46 AM
 #8

Hope bitmain come back with the free shipping. Shipping  is costly
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October 18, 2014, 03:44:15 AM
 #9

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink

Mining is still alive with cheap electricity.  I will agree it's no longer the 3 month roi guarentee.  At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity.

I do agree there will be a day when most are "cloud mining".  As i like hardware i hope it is still a little ways away.  Cloud mining is getting cheaper though and will continue to be more and more attractive.

The problem is you can't get cheap electricity for small user or household..

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October 18, 2014, 06:46:03 AM
 #10

I'm waiting for the 10TH miners for $500 to come out.

What do you guys think, like a year from now?
Probably year and a half honestly with power/price has been.

i tend to agree.  i don't we will see a miner like that for some time.  the s2 didn't last very long on the market (bitmain site) at all,  people did not like the power hungry miner.  i hope manufacturers can master the efficiency, i would like to see 1 Th/s at 300 watts.  

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October 18, 2014, 07:03:02 AM
 #11

I'm waiting for the 10TH miners for $500 to come out.

What do you guys think, like a year from now?
Probably year and a half honestly with power/price has been.

i tend to agree.  i don't we will see a miner like that for some time.  the s2 didn't last very long on the market (bitmain site) at all,  people did not like the power hungry miner.  i hope manufacturers can master the efficiency, i would like to see 1 Th/s at 300 watts.  

Previously there was some news saying some germany company come out with 1TH/s at 200 watts only... But they are still in development stage...

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October 18, 2014, 02:11:11 PM
 #12

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink

Mining is still alive with cheap electricity.  I will agree it's no longer the 3 month roi guarentee.  At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity.

I do agree there will be a day when most are "cloud mining".  As i like hardware i hope it is still a little ways away.  Cloud mining is getting cheaper though and will continue to be more and more attractive.

The problem is you can't get cheap electricity for small user or household..

I would not say cant.  It is just part luck since based on location.   I am lucky enough that I have decent electricity.   
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October 18, 2014, 09:39:57 PM
 #13

Hope bitmain come back with the free shipping. Shipping  is costly

You're paying for shipping whether it's an added extra or included in the cost. They've just decided not to hide the shipping cost anymore. The net cost would still be the same.
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October 18, 2014, 09:43:11 PM
 #14

I'm waiting for the 10TH miners for $500 to come out.

What do you guys think, like a year from now?
Probably year and a half honestly with power/price has been.

i tend to agree.  i don't we will see a miner like that for some time.  the s2 didn't last very long on the market (bitmain site) at all,  people did not like the power hungry miner.  i hope manufacturers can master the efficiency, i would like to see 1 Th/s at 300 watts.  

Previously there was some news saying some germany company come out with 1TH/s at 200 watts only... But they are still in development stage...

And if they are successful with their design, they'll build thousands of units and deploy them in their own private mining operation and difficulty will skyrocket again.

Maybe they'll sell some at retail to hapless home miners at an inflated price that will never make a profit.  Wink
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October 18, 2014, 10:05:16 PM
 #15

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink

Mining is still alive with cheap electricity.  I will agree it's no longer the 3 month roi guarentee.  At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity.

I do agree there will be a day when most are "cloud mining".  As i like hardware i hope it is still a little ways away.  Cloud mining is getting cheaper though and will continue to be more and more attractive.

Maybe I'm a month or two premature with my "home mining is dead" prediction. I'm still mining at home with 10THs. But I'm just breaking even after electricity costs at .12kWh. Maybe I should state it like this... Home mining is dead within 60 days for 95% of the current home miners.

As cklovis pointed out in a recent, informative post, home mining only makes up 15% of the current network hashrate. Now take out the group of miners who don't live in the Article Circle, 3rd World countries or the Pacific Northwest and what is left?

Now look into the future a bit. Difficulty will continue to rise (albeit, more slowly) but electricity will certainly not get cheaper for the home miner. Hardware efficiency may marginally improve but it won't likely offset the difficulty rise. And even now without super-cheap electricity, none of the current generation of cutting edge miners will ever earn a positive ROI. And with every efficiency increase, massive mining operations will jump in ahead of home miners with dozens of PHs of new equipment. This will not change, guaranteed!

If home mining isn't completely dead yet, it will soon be time to pull the plug and let it slide into darkness.
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October 19, 2014, 12:43:12 AM
 #16

There won't be an S5 available for retail sale, in my opinion. If BitMain develops an S5, they'll stock their DCs with them and if you're lucky they offer some cloudmining up for sale. But most likely it will be just another massive private mining operation.

Home mining is dead. But don't lemme stop ya'll from speculatin' & dreamin'.  Wink

Mining is still alive with cheap electricity.  I will agree it's no longer the 3 month roi guarentee.  At one time I could be sure to be in profit at 90 days, now my calculations are going longer. I think Bitmain will continue to sell to public as it is a benefit for both, with them selling public the gear is cheaper for them as everything is in bigger quantity.

I do agree there will be a day when most are "cloud mining".  As i like hardware i hope it is still a little ways away.  Cloud mining is getting cheaper though and will continue to be more and more attractive.

Maybe I'm a month or two premature with my "home mining is dead" prediction. I'm still mining at home with 10THs. But I'm just breaking even after electricity costs at .12kWh. Maybe I should state it like this... Home mining is dead within 60 days for 95% of the current home miners.

As cklovis pointed out in a recent, informative post, home mining only makes up 15% of the current network hashrate. Now take out the group of miners who don't live in the Article Circle, 3rd World countries or the Pacific Northwest and what is left?

Now look into the future a bit. Difficulty will continue to rise (albeit, more slowly) but electricity will certainly not get cheaper for the home miner. Hardware efficiency may marginally improve but it won't likely offset the difficulty rise. And even now without super-cheap electricity, none of the current generation of cutting edge miners will ever earn a positive ROI. And with every efficiency increase, massive mining operations will jump in ahead of home miners with dozens of PHs of new equipment. This will not change, guaranteed!

If home mining isn't completely dead yet, it will soon be time to pull the plug and let it slide into darkness.

I am lucky enough its gotten cold.  That helps to be able to use cold air that is truly free, just a fan helping it circulate. 
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October 19, 2014, 08:51:20 PM
 #17

Since bitmain is always about energy efficiency, they might use 16nm chip for S5 and push down the watt per gh down to like 0.3.
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October 20, 2014, 12:33:37 AM
 #18

This is usually about the time where I chime in and say how ridiculous it is to be talking about version x+1 when x is still being sold, pushed, etc. but this time imma just STFU and get a bag o popcorn ready.


I only have a signature because I'm allowed.
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October 20, 2014, 03:36:46 AM
 #19

This is usually about the time where I chime in and say how ridiculous it is to be talking about version x+1 when x is still being sold, pushed, etc. but this time imma just STFU and get a bag o popcorn ready.



please don't STFU.

I figure this margins are tight for asic builders coins are at 390 usd.  I think they will attempt to sell very slowly and promote small diff increases.
  If they can get coins  above 550 they will expand.

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October 20, 2014, 05:59:10 AM
 #20

Is this miner in plans at all ?

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