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Topic: ANTMINER S2 upgrade kit? EDIT: BITMAIN WHERE ARE YOU?!?! - page 12. (Read 35658 times)

hero member
Activity: 924
Merit: 1000
The fact that they released the S4+  with old chips and not so nice specs makes me wonder if their original specs on the S2 upgrade kits are doable.
sr. member
Activity: 478
Merit: 250
man the s4+ sucks... who is gonna drop 1000 dollars for shittier performance than a couple s5 lol
member
Activity: 79
Merit: 10
So we got the S4+, which means that S2+ upgrade is very close, right? Right? ...
member
Activity: 79
Merit: 10
Maybe this week is the lucky week? Maybe?
hero member
Activity: 924
Merit: 1000
For whatever reason I'm still holding on to mine.  If no news in 2 weeks (end of April) off to Ebay they go.  My hopes was that these would have been out and at a decent price.  Since no new equipment except maybe Sfards or the S4+ are coming out in the next three months I deemed the upgrade feasible.  The Bitmain info blackout either proves it's almost here for announcement or they ran into troubles.  Either way it's BS to release the news and be available for comment on the forums then be told to wait for the someday announcement.  A timeframe would be nice so we can spend our money elsewhere.
legendary
Activity: 1456
Merit: 1000
Im so glad i sold my 3x S2 over a month ago. I was on the fence, waiting for the upgrade - but got a good price for them Smiley



Part of the reason Antminer gear is hard to upgrade is they do a pretty good job of having a value.  That is a credit to Bitmain.

Most gear you can sell to someone with cheaper electricity or "free" electricity.  And Antminer is something a lot of Ebayers search for.  Brings a good price on used equipment.  I personally have always had good luck on selling my older Antminers, and they bring a decent amount of cash.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Im so glad i sold my 3x S2 over a month ago. I was on the fence, waiting for the upgrade - but got a good price for them Smiley

hero member
Activity: 924
Merit: 1000
Well a commodity, stocks for instance are of course traded and sold much like Btc was and still is.  In the last year with big business adopting it as a form of payment has been huge.  It has had the opposite effect than most thought.  Bottom line if it's being spent and not held it is dropping in price.  The huge jump in price was due to many factors but was at that time being held from circulation and bought at an enormous rate.
Hobbyist or home Miners compared to large business and farms which at the height of it's climb there were very few of the latter.
12 months your right.  You have to look further back.
alh
legendary
Activity: 1846
Merit: 1052

It's going down in theory because it's less a commodity and more a currency currently.  The largest shares aren't held by the hobbyist any more.

I am not understanding the above, nor do I understand why Bitcoin is more of currency and less of a commodity. While I have a pretty myopic view, it doesn't seem any more of a currency now than it was 12-months ago. While it's been less volatile in some ways, it seems to have settled in at $220-280 range in terms of price.

I also don't get the hobbyist miner connection either.

Care to elaborate on your theory here?
hero member
Activity: 924
Merit: 500
So 2 weeks late for the release per Bitmains initial post.  End of March maybe you meant end of April?  Please we need an update.

Wait two weeks when UMISOO and S2 contract will be terminated, I am sure we will see upgrade cards when Bitmain close shipping of terminated S2.

Just think about Bitmain is your company, what will you do? Sell best HW to customers or make best profit? Or make big profit and make another big profit selling your used hardware?

If it were my company we'd do what we said we were going to do. There's enough profit to be made from being trustworthy and reliable, no need to squeak margins by screwing people over. It sucks how much greed there is in the bitcoin economy (not just from manufacturers - nigh every participant is steeped in it), but greed is a basic tenet of human nature and few people ever see past it.

Yes, you are right, there is enough profit, but it is all about money. If we count 5k S2 units, we can guess Bitmain will save about 2M USD on new hardware by dropping BTC price and terminating contracts. We will see if they have enough power to keep the price low for ten days.
hero member
Activity: 924
Merit: 1000
So 2 weeks late for the release per Bitmains initial post.  End of March maybe you meant end of April?  Please we need an update.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Just think about Bitmain is your company, what will you do? Sell best HW to customers or make best profit? Or make big profit and make another big profit selling your used hardware?

If it were my company we'd do what we said we were going to do. There's enough profit to be made from being trustworthy and reliable, no need to squeak margins by screwing people over. It sucks how much greed there is in the bitcoin economy (not just from manufacturers - nigh every participant is steeped in it), but greed is a basic tenet of human nature and few people ever see past it.
hero member
Activity: 924
Merit: 1000
I'm sure all is finalized with S4+ and even the S2 kits but they have inventory on the S5's still.  More over is with the rapid price of Btc in decline they accrue more Btc in waiting.

Haha, who do you think is driving BTC down? What do you think they will do with UMISOO and HASHNEST S2's? How many people want to pay shipping for useless HW? They sell some BTC and get all their HW for free. Why do you think they still didn't sell already done upgrade cards?!

They will sell their hardware right in time it is the most profitable for them, not to customers.

Just think about Bitmain is your company, what will you do? Sell best HW to customers or make best profit? Or make big profit and make another big profit selling your used hardware?
It's going down in theory because it's less a commodity and more a currency currently.  The largest shares aren't held by the hobbyist any more.
hero member
Activity: 924
Merit: 500
I'm sure all is finalized with S4+ and even the S2 kits but they have inventory on the S5's still.  More over is with the rapid price of Btc in decline they accrue more Btc in waiting.

Haha, who do you think is driving BTC down? What do you think they will do with UMISOO and HASHNEST S2's? How many people want to pay shipping for useless HW? They sell some BTC and get all their HW for free. Why do you think they still didn't sell already done upgrade cards?!

They will sell their hardware right in time it is the most profitable for them, not to customers.

Just think about Bitmain is your company, what will you do? Sell best HW to customers or make best profit? Or make big profit and make another big profit selling your used hardware?
hero member
Activity: 742
Merit: 500
oh yeah s4+, s7 or s89super charged!

lucky me i sold my 4 s2 ~1month ago Grin
legendary
Activity: 784
Merit: 1000
I'm sure all is finalized with S4+ and even the S2 kits but they have inventory on the S5's still.  More over is with the rapid price of Btc in decline they accrue more Btc in waiting.

I'm guessing they aren't heavily speculating on the price of BTC.  I'm sure they hold some, but I'd bet that most of the BTC they get as payment for hardware is sold for fiat of some kind rather quickly unless their suppliers are accepting payment in BTC...
hero member
Activity: 924
Merit: 1000
I'm sure all is finalized with S4+ and even the S2 kits but they have inventory on the S5's still.  More over is with the rapid price of Btc in decline they accrue more Btc in waiting.
legendary
Activity: 2030
Merit: 1076
A humble Siberian miner
Bitmain has no interest in selling any hardware. ...PLUS their outrageous shipping cost?

Indeed...
legendary
Activity: 2030
Merit: 1076
A humble Siberian miner
I have the idea too, that Bitmain is fucking us S2 users over again...

I beleive (what else can I do?..) that they will once send me this upgrade kit for testing and review.  Smiley They can't fool us twice I guess.
sr. member
Activity: 478
Merit: 250
I have the idea too, that Bitmain is fucking us S2 users over again...

i have a gen 1 s2... didn't know about ordering it direct from bitmain then, so no coupon... picked up a 2nd one post berlin or amsterdam conference... lolz at me. i'm just waiting on the price for the final nail in the coffin.
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