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Bitmain Antminer S9 Evaluation

Bitmain Antminer S9 Evaluation

Miners?

Bitcoin’s Problem has recorded several sturdy and infrequently consecutive month-to-month increases since its creation, and particularly from late November 2015.

Issue has practically tripled since then, climbing from520,569,941GH/s to the current document high of 1,426,731,353 GH/s.

This peak was reached on May twenty fourth 2016. Such large progress has been spurred by major investment into Bitcoin mining expertise and operations.

While such growth is impressive, making Bitcoin the world’s most powerful computing network by far, one unintended consequence of such fast progress has been increased centralisation.

Profits have amassed where mining is most revenueable (China), with the outcome that several competing operations (eg. KNC) have been pressured out the industry.

We have tried to calculate the sum of money that the Chinese have invested in mining, we estimate it to be within the hundreds of millions of dollars. Even with free electrical energy we can not see how they will ever get this money back. Both they don’t know what they are doing, however that is not very likely at this scale or they have some secret advantage that we don’t know about. – Sam Cole, KNC CEO

The same Chinese aggressive advantage has been doubly efficient at squeezing the profit-dependent hobbyist miner from the market.

At this stage, most home or office miners aren’t hashing to earn cash however quite to assist the network, help decentralisation and presumably even to warmth space.


With the block reward halving looming, the profitability of all however probably the most efficient operations will seemingly be challenged.

Provided that profits derived from the current generation of mining hardware are dwindling and can probably attain negative returns submit-halving:

Can the new S9 change the game for smaller and pastime miners and restore their lost profitability?

Worth
Note: Before you purchase an antminer s9 power consumption (https://medium.com/@yuvalaharon21/antminer-s9-power-consumption-b296479fa810) S9 make sure you already have Bitcoin mining software and a Bitcoin mining pool.

The first batch of S9s can be available for order directly from Bitmain from the 12th of June.

At $2100 on Amazon, the S9 is far from cheap. However, the decrease your electrical energy costs, the better your odds of the miner paying for itself within a reasonable timeframe.

Naturally, much depends on the Difficulty and Bitcoin price.

As smaller manufacturing processes grow to be standard throughout the industry and as different manufacturers launch competing hardware, the S9’s value might be expected to fall appreciably over the approaching months.

Bi Wang is launching its 14nm chips someday in winter 2016 and BitFury’s own 16nm architecture hardware, promising improbable energy efficiency at 0.06 J/GH, can be reported to be coming soon.

Judging worth in this area is an advanced exercise, although it could appear that nothing vastly technologically-superior to the S9 is more likely to be released within the near future.

The discharge cycle of a new generation of mining hardware each few months is more likely to decelerate from this point on, as producers have transitioned to cutting-edge sixteen and 14nm designs.

The S9’s 16 Nanometer Technological Advantage
The on-going miniaturisation of semiconductors permits ever higher computing power and electrical effectivity, but the process cannot continue forever with the present technology.

Many have remarked that Moore’s legislation not holds true, because the rate of computing speed advancement has slowed because it reaches the bodily limitations of silicon semiconductor technology.

The sixteen nm fabrication process used in the manufacture of the S9 is a major improvement upon the 28 nm design frequent to different fashionable mining devices.

Though a 10nm process is on the horizon for 2017, further increases past that remain theoretical.

Additional, the design and manufacture of any 10nm Bitcoin mining hardware is prone to take no less than a year.

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