A tip on buying cheaper mining ASICs from Bitmain (January 2020)

mikeywith

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Quote from: adamjamal on January 16, 2020, 06:26:37 AM

okay, say i would like to buy 5 s9 miners with power supply, does this mean i can use 5 (order coupon) ? in other words can i get more than 10% off from the total order

Do you want to buy Antminer S9k? please don't, you will lose your money, I have just finished writing a topic about this a while ago, read through it, but long story short, DO NOT BUY THEM, THEY ARE SHIT.

if you don't have stable voltage and you have to get S9, at least get the S9e version, or find used S9i/S9j in your country.

Biodom

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A chance to buy cheaper with Bitmain coupons that are available in the Marketplace section (digital goods).

philipma1957

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'The right to privacy matters'

YOU HAVE A CREDIT BALANCE!! this is good.

read through here. https://bitcointalksearch.org/topic/special-thread-concerning-bitmains-coupons-refunds-discounts-june-2020-update-5201488

Then tell me how much is the balance.

It is complicated and you will need to email bitmain often but you get the credit fully.

Ie a 600 usd credit you get it all just do an order for like 700

use a 10% coupon drops the price to 640. don't pay email and ask them to apply that credit.

adamjamal

newbie

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i see , thanks for the clarification so there is no way i can get more than 10% off ,anyway i also have a balance in my account but when i checkout i can't see it unlike the coupons how can i use it .

philipma1957

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'The right to privacy matters'

Quote from: adamjamal on January 16, 2020, 06:26:37 AM

okay, say i would like to buy 5 s9 miners with power supply, does this mean i can use 5 (order coupon) ? in other words can i get more than 10% off from the total order

No

it is very simple math.

the s9k is $97.00 dollars the most you can discount it is $9.70 if you have 10% coupons.

so for instance I have 2x 41 dollar coupon total of 82 in coupons.

if I buy 1 s9 use 41 coupon I get 9.70 off and it will reject that second coupon.
if I buy 2 s9 use 41 coupon I get 19.40 off and it will reject that second coupon
if I buy 3 s9 use 41 coupon I get 29.10 off and it will reject that second coupon
if I buy 4 s9 use 41 coupon I get 38.80 off and it will reject that second coupon

if I buy 5 s9 use both 41 coupons I get 48.50 off it will use all of one 41 and part of the second 41 coupon.

you max would be buying 8 units 8 x 97 = 776 and you use 77.60 of the 2x 41=82 coupons.

adamjamal

newbie

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okay, say i would like to buy 5 s9 miners with power supply, does this mean i can use 5 (order coupon) ? in other words can i get more than 10% off from the total order

Biffa

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Quote from: adamjamal on January 15, 2020, 03:34:30 PM

is it possible to use more than one coupon for the same order ? also there is another type of coupon that has no expiring date can i use it with the temporary one(ends on 31 Jan)

From the web site:
1. Purchase coupon, post-sales coupon and order coupon cannot be used in the same order.
2. More than one purchase coupon/post-sales coupon cannot be used for the purchase of one item.
3. Multiple units of order coupon can be used in the same order as long as the total coupon value is less than the required maximum percentage of the order amount.

You can't use two different types of coupon on the same order, e.g. one with no expire date and one with a limit

You can test this yourself, by putting some miners in the cart, going to checkout and seeing what coupon combination you can use.

There are also individual limits on the coupons with regards to what % discount can be applied. This also is specified during the checkout process.

So say you had $2000 worth of miners in your cart, and you had 2 x $147 10% coupons that expire Jan 31, you wouldn't be able to get more than $200 of the $294 face value of the combined coupons off the order.

adamjamal

newbie

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is it possible to use more than one coupon for the same order ? also there is another type of coupon that has no expiring date can i use it with the temporary one(ends on 31 Jan)

mikeywith

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Quote from: philipma1957 on January 12, 2020, 10:23:53 PM

make sure it is a good seller

Or just use escrow services provided by a few members on forum, transfering the coupon is fairly easy and can't be refunded or faked, so it takes a very small effort to actually escrow a coupon deal.

You just need an escrow agent who has a Bitmain account, phill does, and he is well trusted i can vouch for him.

philipma1957

legendary

Activity: 4116

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'The right to privacy matters'

some are sold in the marketplace.

https://bitcointalk.org/index.php?board=93.0

make sure it is a good seller

here is one I do not know if he is good.

https://bitcointalksearch.org/topic/m.34460945

Trinislacker

jr. member

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Where are these coupons usually traded?

mikeywith

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As most of you already know, you can buy Bitmain coupons and use them to purchase miners, what you might be missing is the fact that the majority of circulating coupons which If i had to guess I would say well over 95% of them expire on 31/1/2020, the current list of which I am were of is:

Code:

140$
153$
163$
173$
175$
183$
192$
201$
293$
306$
689$

The current average price for these coupons is about 15% of their value, and every couple of days their value drops a bit more, so my estimation is that starting from 25th of this month you will be able to buy them for close to 5%.

The supply is a lot, I am almost certain that they won't run out, therefore, if you are planning to buy more gears as I am planing to do, it would be best to wait until 25th to buy cheap coupons and get extra savings on your orders.

You should also take note that these coupons have a 10% rule, more details can be found in the quoted post below.

Quote from: mikeywith on January 11, 2020, 09:09:15 AM

Also there is a problem with these large value coupons, they only make sense for large orders due to the 10% rule, for example see below

Here is an attempt to buy 1*Antminer T17e - 53TH/s

1-Using a 140$ coupon

https://i.ibb.co/JQghtVH/140.jpg

2-Using a 175$ coupon

https://i.ibb.co/YLqPPdw/175.jpg

Basically the same discount regardless of the coupon value, so a 689$ coupon is only worth it for an order that is above $3060, because for anything less than that, buying a 306$ coupon for 45-60$ would give you the same discount.

Topic: A tip on buying cheaper mining ASICs from Bitmain (January 2020) (Read 358 times)