ANTMINER S2 Discussion and Support Thread - page 79.

Profetu

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Quote from: ak49er on May 26, 2014, 01:32:17 AM

Quote from: edgar on May 26, 2014, 12:42:12 AM

thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

They do charge in BTC. They only quote in USD, (and BTC right next to it). The price is dropping. Right now they're at 3.961 BTC. Just earlier today they were at 4.02ish. They cost less today than they did two days ago when I bought mine. How hard is that to comprehend?

And before you say that if you buy in fiat the price has gone up then let me just counter that by saying that if you start mining with one you're also going to make more fiat than you would have done as well. You can't have it both ways. You either price in BTC and the cost has gone down while the earning potential remains the same, or you price in fiat and the cost has gone up but so has the earning potential. Take your pick.

What earning potential are you talking about? This miner needs 9 weeks to ROI with free electricity and no diff increase.

Best case it will make 0.6-1 BTC profit by the end of the year. Not worth it in my opinion considering how many things can go wrong.

Also when the BTC was 450$ people said the miner is expensive because of production costs that are in $, not that BTC is up they increase the $ price? It's a free market they can do what they want, but still not profitable IMO.

pvnamk19

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7 S1 coupons 0.05 BTC & 8 S2 coupons 400$, asking 0.01 BTC each; pm please

mdopro1

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Double your Personal Bitcoin Funds.

Quote from: Biodom on May 25, 2014, 11:39:56 PM

Quote from: mdopro1 on May 25, 2014, 11:28:57 PM

I have a lame situation and need advise. I've replaced the power supply in my S2 because it was shutting off all the time. However, I want to repurpose this enermax for a mid-range gaming PC. How do I go about doing that since there are no peripheral cables?

Buy PCI-E cables in a store, like microcenter
http://www.microcenter.com/product/318756/PCI_Express_6-pin_to_2__PCI_Express_20_8-pin_(62-pin)_Adapter

Thanks for trying but I don't see how that would help. I already have too many PCI-e cords but zero peripheral wires for hard drives, cdrom etc. I looked around for PCI-E female to molex adapter and even eBay didn't come up with anything. Essentially making this powerful PSU a piece of garbage.

ak49er

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Quote from: edgar on May 26, 2014, 12:42:12 AM

thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

They do charge in BTC. They only quote in USD, (and BTC right next to it). The price is dropping. Right now they're at 3.961 BTC. Just earlier today they were at 4.02ish. They cost less today than they did two days ago when I bought mine. How hard is that to comprehend?

And before you say that if you buy in fiat the price has gone up then let me just counter that by saying that if you start mining with one you're also going to make more fiat than you would have done as well. You can't have it both ways. You either price in BTC and the cost has gone down while the earning potential remains the same, or you price in fiat and the cost has gone up but so has the earning potential. Take your pick.

Biodom

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Quote from: edgar on May 26, 2014, 12:42:12 AM

thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

Well, they can charge. You and I don't have to pay. I think they are trying to bump up their margin "on the fly".

samsonn25

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Quote from: dropt on May 26, 2014, 12:46:09 AM

Quote from: edgar on May 26, 2014, 12:42:12 AM

thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

The value of BTC has increased well above and beyond the S2 price increase. The units cost less BTC at each adjustment and that's all that matters.

Meanwhile the s1 prices have incresed 40%

dropt

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Quote from: edgar on May 26, 2014, 12:42:12 AM

thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

The value of BTC has increased well above and beyond the S2 price increase. The units cost less BTC at each adjustment and that's all that matters.

edgar

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thats twice the price has gone up in the last 3 days...

why not just charge in BTC??

Its disgraceful keep changing the price so we can hardly earn a satoshi no matter what the BTC price does!

Pt0x

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If anyone It's interested.

[WTS] Bitmain AntMiner Coupons 400 USD S2 for 0.08BTC , 0.05 BTC S1 for 0.02

Quote from: Pt0x on May 26, 2014, 12:17:29 AM

Hi!

I have 15 of these:
AntMiner S2 Coupon 400 USD 15 0 2014-04-28 00:00:00~2014-05-30 00:00:00

Going for 0.08 BTC each.

And 9 of these:
AntMiner S1 Coupon 0.05 BTC 9 0 2014-04-27 00:00:00~2014-05-29 00:00:00

Going for 0.02 BTC each.

Post here if you are interested and send me PM.

Newbie accounts please stay away.

Biodom

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Quote from: mdopro1 on May 25, 2014, 11:28:57 PM

I have a lame situation and need advise. I've replaced the power supply in my S2 because it was shutting off all the time. However, I want to repurpose this enermax for a mid-range gaming PC. How do I go about doing that since there are no peripheral cables?

Buy PCI-E cables in a store, like microcenter
http://www.microcenter.com/product/318756/PCI_Express_6-pin_to_2__PCI_Express_20_8-pin_(62-pin)_Adapter

mdopro1

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Double your Personal Bitcoin Funds.

I have a lame situation and need advise. I've replaced the power supply in my S2 because it was shutting off all the time. However, I want to repurpose this enermax for a mid-range gaming PC. How do I go about doing that since there are no peripheral cables?

BTCJoe

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If anyone need coupons for S2 drop me a PM (expires on the 30th) 75 available

Biodom

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Quote from: major job on May 25, 2014, 04:07:31 PM

Amazing how unsure one feels after purchasing the s2's and the different perspectives. i raided my coin stash, so to me the raise in BTC value has made it seem like a viable purchase ( less BTC per unit+ coupon ) but mining profit / ROI, versus what i call the 'ponzi perspective' (sitting and waiting for value to rise) makes me unsure. Should i have just kept the coins.... but then i remember this ain't just about profit right? Huh

I am trying to use a simple policy:
Every time I buy a miner for bitcoin, i immediately try to purchase the same number of bitcoins for fiat. This way, i use bitcoin, but my stash stays the same initially, then increase due to mining.

major job

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Amazing how unsure one feels after purchasing the s2's and the different perspectives. i raided my coin stash, so to me the raise in BTC value has made it seem like a viable purchase ( less BTC per unit+ coupon ) but mining profit / ROI, versus what i call the 'ponzi perspective' (sitting and waiting for value to rise) makes me unsure. Should i have just kept the coins.... but then i remember this ain't just about profit right? Huh

ak49er

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Buy, sell and store real cryptocurrencies

Quote from: philipma1957 on May 25, 2014, 01:27:55 PM

Quote from: ak49er on May 25, 2014, 01:01:16 PM

Quote from: wpgdeez on May 25, 2014, 12:23:44 PM

Looks like I will never buy a S2 if Bitmain keeps raising prices. I don't play these games.

The price is coming down. 4.033 BTC today, 4.277 BTC yesterday. Looks like it's coming down to me.

If you are coin flush and holding the coins it dropped. If you are going to buy coins with fiat it is more fiat.

What has happened is the s-2 is getting to be a little better then it was and the s-1 is getting worse then it was.

Kind of put me in a funny place to decide what to do.

I can buy 1 s-2 or 2 s-1's.

Not quite sure If I want the s-2 just yet.. Decisions.

Whatever you do it's a moving target. I bought an S2 a couple of days ago because of my electricity costs. I had to buy BTC for it and paid about $525/BTC I think. If I'd held on to that BTC and bought an S2 today I'd be quids in, but I didn't. I paid for it the day I bought the coin because I had no idea whether it was going to go up or down in price. Either way I'm happy and not complaining. And if the price of BTC holds then when I fire up my S2 I'm going to be making more USD than a month ago. But of course, if it drops ......

xstr8guy

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Glow Stick Dance!

Quote from: nottm28 on May 25, 2014, 09:02:24 AM

Quote from: FlensGold on May 25, 2014, 08:30:17 AM

Quote from: BITMAIN on May 25, 2014, 08:26:31 AM

New price for AntMiner S2 1 TH/s Miner Batch 4: 2309 USD each one, shipping cost included.

Raising the price is not the best reaction to an exploding diff Wink

To have a chance to get a ROI the price may not be much higher than 1500...

Indeed, looks like I'll have to hold back for another couple of weeks until bitmain offers a decent deal...

And then the difficulty goes up another 20%. It's a zero-sum game... price drops 20% = 20% difficulty increase.

BitMain are good guys but they know what they're doing when it comes to pricing their miners and it isn't for the consumers benefit. Wink

solitude

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I have two S2 coupons after selling my S1 coupons to sciack

I'm selling two S2 coupons for only .01 BTC each !

Send PM if interested, I check PM's several times a day

philipma1957

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Quote from: ak49er on May 25, 2014, 01:01:16 PM

Quote from: wpgdeez on May 25, 2014, 12:23:44 PM

Looks like I will never buy a S2 if Bitmain keeps raising prices. I don't play these games.

The price is coming down. 4.033 BTC today, 4.277 BTC yesterday. Looks like it's coming down to me.

If you are coin flush and holding the coins it dropped. If you are going to buy coins with fiat it is more fiat.

What has happened is the s-2 is getting to be a little better then it was and the s-1 is getting worse then it was.

Kind of put me in a funny place to decide what to do.

I can buy 1 s-2 or 2 s-1's.

Not quite sure If I want the s-2 just yet.. Decisions.

Collider

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Quote from: ak49er on May 25, 2014, 01:01:16 PM

Quote from: wpgdeez on May 25, 2014, 12:23:44 PM

Looks like I will never buy a S2 if Bitmain keeps raising prices. I don't play these games.

The price is coming down. 4.033 BTC today, 4.277 BTC yesterday. Looks like it's coming down to me.

True XD

You can´t really expect dollar price to go down when btc is regaining some value.

ak49er

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Buy, sell and store real cryptocurrencies

Quote from: wpgdeez on May 25, 2014, 12:23:44 PM

Looks like I will never buy a S2 if Bitmain keeps raising prices. I don't play these games.

The price is coming down. 4.033 BTC today, 4.277 BTC yesterday. Looks like it's coming down to me.

Topic: ANTMINER S2 Discussion and Support Thread - page 79. (Read 355730 times)