{New project for hashrate up on miners, absolute free, development of the project idea "ETHlargement" for new video card architectures ProjectETH+ release
Support Algo: Ethash/KawPow/ProgPow

Download: ProjectETH+

Virustotal: https://www.virustotal.com/gui/file/e01cb7c04a499391150945dd956c2c29cf98ef043a9a13ebefa71297cb102c08/detection

Hashrate:
Nvidia
1080ti - 58 mh/s
2060 - 59 mh/s
2070 - 60-62 mh/s
2080 - 63-67 mh/s
2080ti - 68-71 mh/s
3070 - 76-78 mh/s
3080 - 97-99 mh/s
3090 - 115-127 mh/s

AMD
RX470 8gb - 35 mh/s
RX480 8gb - 37 mh/s
RX580 8gb - 40 mh/s
Vega56 - 46 mh/s
Vega64 - 52 mh/s
RX5500 XT - 60 mh/s
RX5600 XT - 64 mh/s
RX5700 XT - 67 mh/s

P.S.: the project is being drowned by competitors, don't trust anyone, check the information yourself

I'm in a high power cost area.  After halving (less than 10 days and counting) my S7 goes from profitable to money loser.  So easy decision.

Few days after the fact but switch the connection that low preformance board plugs into the controller.  You should have an open slot.  I had the same problem fixed it for me.

Break even is for me right now 256 days out including power costs.  Think that puts me right AT halving.  But no one knows what the difficulty increase will be once these things saturate the market and the extra KnC and Bitfury facilities they are building come online.  Ultimately through tax breaks, loss taking, and other accounting gimmicks (all legal) is the way I'm going to be lowing my ROI quite a bit.  Then we got the final sale of the machine itself.  I have 3 S5 units right now.  I'd be happy to dump them for half my purchase price to 33% of purchase price (in 2016) as long as the other party pays shipping.  Then get another S7.

Time for work now .

Yeah, well Bitfury has announced their 0,06 J/GH 16nm technology, so that will get interesting also.
Then there comes 21 with their 0,16 J/GH chip

So it will be getting interesting in here  
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I saw that to but Bitfury wont sell to the public if they do it's gonna shot thu the roof price wise and 21 just what does that do be side offer a new way of accessing the blockchain does it actually mine at 1.15 th or better . if that's all it does i can build a PI for far less like some one said in a post or have a PI now that can do it. is that worth 400 bucks , no.  i see what you mean by 0,16 J/GH chip .I'll wait till Nov for that one.

I was going two buy 2 s7 at least but the price stopped me .it's more a disappoint meant to me then anything for the s7 price.
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KnC and BitFury both are only going to sell to the public inferior products that they are basically bilking you on when looked at in respect to ROI.  The reason is simple.  Both have to satisfy investors and have massive mining facilities of their own they are operating.  IE  They are going to mine and sell the bitcoin themselves, cause a difficulty explosion and walk away with the cash.  Their silent unknown backers will demand it.  And since they are using THEIR money, they (KnC and BitFury) really probably don't have a choice in the matter either.  That's assuming they 'disagree' with their investor's positions.  Which I do not believe they do.  These companies are going to start tech hording like building ICBMs and nuclear warheads.  Then the cycle almost works like the world today.  The countries that have nuclear weapons get damn near free reign over the ones that do not.

I always FedEx my shipments from Bitmain.  The thing arrives in 3 days from half way around the world with zero issues.  Course I haven't had the thrill of being spot checked by customs, but that's a risk everyone takes.

Plugged mine in and I'm currently pulling 1228-1229 from the wall with the same meter.  Fans are on auto control with default settings.  I'm getting right between 4.95TH/S to 5TH/S but I'm scoring a lot more HW errors at 0.0123% rate.  However I will say as time has worn on that HW error rate is actually going 'down', not up.  And believe it or not I think this thing is actually quieter then the S5's I was running.  I'll try to give a better update when this thing has been running for a day, not an hour.

This is using a EGA 'gold' rated 1300 Watt power supply.  Guess I got the platinum that just got rated poorly in the batch.

I don't trust any claim from any company until a product is brought to market.  In late June I think or early July KnC announced a 3D 16nm chip without any specifications or backup.

Lots of running of mouths to the press little in the way of public demonstrations.  This is something the community needs to get rough on with any and all manufacturers.  These companies need to be transparent in their home mines as well as the products they 'pronounce' or 'propose' to sell in the future.  It's bad enough the are moving full steam ahead with consolidated mining operations.  It's just like Central banks with a new spin, which wasn't the point of crypto-currency and BTC in the first place.

Yeah I'm hoping for a very long and cold winter.  Not as far north as you but in the North East US.  My electrical rates are twice your own, which doubles my own ROI.  But not having to turn on the heater this year could also save me $600 USD.  And since I started at the end of summer mining I'm not paying full freight on my cooling costs, with the 30C to 35C heat we've had this year.

It's a very intermittent thing, and lasts for a very short time.  Overall the average rate is stable even looking at my own S5's and to specs.  Not saying they won't take that 200 GH drop for no reason what-so-ever, but it recovers pretty quick.

As long as the chips are running fine and you're not getting HW errors out the back side I think it's something that's just a design flaw.

If you're looking for two more used Bitmain S5s and are in the US let me know.  I'll toss em your way at a loss to what I purchased them for, but you pay for shipping.  Have the original packaging so they would be securely shipped.  Would rather put that money toward another S7.

Got two of em.  Looks like they paid attention at least a little to the price point being a bit scary for people.

Agree the price is too steep as others have said.  The issue though, as others have also said, is I think they already have the S7+ made and in their own home farms.  The design looks too easy to replicate based on the S5+.  Which means they are now trying to sneak a poke at early buyers with the high price, before either the market collapses or the difficulty pops due to the increased Hasing power of the network.

But that defeats the original purpose of bitcoin.  It was the centralized production and control of transactions that makes a fiat money supply an issue in the first place.  The control of supply is only one side of the coin.  Centralization leads to governments being able to dictate to those entities how the market is going to work.  That's the problem with fiat money and Central Banks.  Decentralization of the network is the only thing that keeps its integrity in check.  Once it is centralized it is controlled by wherever that centralization is occurring.  And you can damn sure bet where money and assets or human endeavors are involved, the people with guns (IE Government) are going to be right there with one at someone's head.  This may be an issue for the 'market' to solve.  And by solve I mean it simply de-capitalizes because it no longer trusts the network.  Then when the mega entities are gone, the process starts over.  Don't give a crap how 'efficient' this miner is, it won't live at $20 per bitcoin.

In 5 years will there be any more bitcoins to mine at the rate of technological advancement?

Only way to 'not' be game over is if the network figures out someway to start punishing certain entities and singling them out to intentionally reduce their ROI and make them decentralize.  Namely by crippling them through increased difficulty intentionally.  Almost like breaking up monopolies or mega corporations.

Once manufacturers started large scale farming operations the writing started to get put on the wall.  And hence the increased focus on efficiency.  because if the market takes a tumble they can still keep their operational costs in check with ever increasingly efficient miners.  While the material cost of the miner has long since been paid off, hashnest selling mined coin etc.  It allows them to ride out the lows a lot easier then say someone with a S5 who is at half the efficiency level.  Never mind hashing power increase.

PS:  This is also starting to make me think a Proof of Share model vs Proof of Work model is going to be more important as time goes on.

My thing is I think Bitmain is joining the big boys and then intend to look toward crushing the home industry.  It's going to be farm after farm after farm, with the only way a little person really making an ROI is if they go with the cloud mining which Is where they dictate the pennies they give you for up front capital.  And your return will probably depreciate faster than a normal investment vehicle.  One thing I give scrypt miners credit for.  Those guys are fighting back intentionally screwing with stuff to make ASIC hard to bring into their market space and make a decent product.  Or a product that could be screwed with and turned into a paperweight with a slight changing of the scrypt.  Even Bitmain had to kill their Scrypt miner project.  I have no doubt they will try again, but I also have no doubt the scrypt people will fight back again.

I'll have to ask my accountant more on that one.  But remember in the US you'd be playing with two different sets of rules.  You don't have to convince the Federal government, IRS, you're manufacturing.  You have to convince your local State/County you'd be manufacturing a product, even if it was etherial.  It's about getting that Meter in and making the Power company (local) charge you industrial rates.  And the way they word a lot of the light industrial space/manufacturing regulations 'ie used for the purpose of creating an asset and directly serves no customers' gives a lot of wiggle room to elbow your way though with sloppy zoning laws.  ANd the IRS definitely considers Bitcoin or any other cryptocurrency an Asset that must be reported and taken into account immediately as income if you mine.  Once you have access to it, they bluntly state it.  Then they hit you again with the one form of double taxation we haven't gotten rid of, capital gains, once you sell it.  I see it the same way as making a table and then selling that table at a gain or loss based on market prices. (with an extra cut on the side from the feds should you do better than expected)

You are totally correct you can call it a business.  And the reason that's important is because if it's a side business (sole proprietorship) while you have a normal day job you can pull those losses and expenses under your personal income taxes.  That means writing off electricity, miner costs, setup costs, ancillary expenses, accounting costs, if at home part of your MORTGAGE.  And if you're in the upper income brackets paying fat rates, you don't lose that personal or standard deduction filing under a 1040-C if you're not itemizing.  Makes the ROI shrink real quick.  Got to love the UCSA (United Corporate States of America).  I'm looking at the US government giving me 40 cents on the dollar back to everything I put into this for the rest of this year.  That's how bad my Fed/State/Local taxes are where I'm at.  That's a hell of a 'coupon' for start up costs.

Thanks for the chart tigggger,

Very useful.  My big thing I have is finding proper space for my units.  I'm looking a co-hosting locations now.  The thing is that means I'll be paying commercial rates, probably around 9 cents per kW/h, where I live and assuming the hosting company doesn't try to put a premium on that to F you.  However, as the IRS regulations have came out in the US, it's my belief that mining any cryptocurrency would then qualify as a manufacturing trade or business, since you're creating an asset.  As such a light industrial space would be able to command even lower electricity rates.  In some places in the US that's as low as 5.5 cents per kW/h.  Course finding that space without having to rent a 8,500 Sq Ft warehouse is the PITA where I'm at.

Someone actually mentioned on the S5+ putting an inline delay device on the cable that goes to the controller so that it would intentionally power on AFTER the hash boards.  I thought it was an interesting idea but he was wondering if that would violate warranty even though he wasn't modifying the device just putting another device in-between the the PSU and the connection.  I personally think that should have been part of the controller design ANYWAY through firmware, by hey that's me.  It just seemed a bit asinine to have an intentionally separate connection that another switch had to be flipped to power on a unit. 

Maybe that can be in batch run 2.  (HINT HINT Bitmain)

I'm using an EVGA G2 gold 1300 now with two S5s and it's running at roughly 93/94% efficiency.  Per my 'at the wall' meter.  all red VGA cables used, vertical strato setup with a box fan.  I just checked this.  Was running at like 97% efficiency when only was running one , but lot less load.