Topic: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 157. (Read 451039 times)

I am confused.  Please explain: you do not want to sell the S3++ because "it very unreasonable to sell to oversea buyers", but it is not unreasonable to increase the price by 30% all at once, just because of a change with a competitor?

Some others are in the same situation as me - I also have my own business (for 15 years now) and I cannot raise my prices, in the middle of a purchase with a customer.  I also cannot raise my prices by 30% in a single step.  I also cannot raise my prices by 30% at once, just because one of my competitors stopped competing.  If I did any of these things, my existing customers would go away.

It would be very helpful for you, to share things with your customers.  Let us know what you are planning (Dear Customer, when we come back from the Chinese New Year Holiday, new pricing will be in place).  Let us know what your plans are for products - when are you planning to release a new product?  What type of product do you expect it to be?  Let us know what your plans are for upgrades to older products (S2 upgrade).  Can you see that it appears to us, as customers, that you really don't care, when you don't communicate with us - until there is a huge upset, like you have seen here in the last day.  Now you are talking... a little bit, when people ask very specific questions.  Can you see that it feels very disrespectful to us, as customers?


Also, can you please tell us when there will be new firmware for the S5?  It is a big problem when the network goes down and the S5 keeps working on nothing and the temperature goes way higher than 80C and it still keeps going, instead of stopping.

+1

Look at the PSU issues with the S2's.  I'd rather not pay retail for a POS when I can supply something better, more efficient and for less myself.

SPT has said that they won't be putting out externally-powered miners in the future, but I hope they change their mind on that matter.

Would you consider selling to a bulk buyer not in China but in continental East Asia?

Additionally,

A less crappy pricing model, at least for the upperbound, is "how much does this cost to make? Let's add a bit of margin so we can keep the lights on and pay someone to design new stuff" instead of "how much does this cost to make? How much profit can we possibly wrangle from our customer base before they refuse to buy any more?" I don't have the nards to look my customers in the eyes while adding an extra 30% profit margin onto my products just because they have nowhere else to buy from. I think that's called "abuse".

Thanks for the response, but it is a touch contradictory ... though I understand the reasons for not wanting to offer it to overseas buyers. Then again, since you confirm that there is an S3++ (albeit for the Chinese market), would you consider selling to an overseas private bulk buyer? More pertinent though, some spec numbers being banded around seem too good to be true, so could you take some time to throw some light on that if you can?

Good..... 

And maybe full miners with same specs?

Waiting for the final call from our R&D team which they would say "it's OK and please sell."

Not likely very soon. We wish that the Bitcoin exchange rate will be rise faster than ANTMINER price.

But Bitmain....

What about the S2 upgrades?

They just laying under the shelf and waiting.....

BITMAIN, any chance an S5 firmware revision is inbound that would allow operation at 0.2J/GH @ 9V as originally discussed in the first post?

The S3++ is not being produced right now.

And the hashrate/weight ratio makes it very unreasonable to sell to oversea buyers, who will have to pay shipping cost based on the weight.

So the S3++ we just find private bulk buyers to consume it. The shipping cost inside China is not that much.

I heard that the price will be even higher - can you confirm this? 

@BITMAIN - Any insight into the pricing and specs on the upcoming S3++ ?
I have it on good authority that your factories are busy churning these out ....

No, we did not know when we do $320 pricing. We changed the price only 20 mins after we have got the news.

tl:dr
We're the only one producing miners so we can ask you to bend over any time we want.

This is all well and good but did you not know this before posting the $320 price point? That is my bone of contention. While I was mulling how many to buy the price shot up and it pissed me off. Your explanation does nothing to unpiss me off.

pekatete elaborated what we want to say. Bitmain's pricing is based on our projection of the future diff, which is based on the mining rig quantity which will be available on the market. It is impossible to forecast without error, but we are always trying. We collect information, and we model the CPEX&OPEX and the thought&strategy of the bitcoin miners. In the past few months, we put a competitors' hundred ph/s hash rate into the assumption, which is always being discussed. Though for a long time that we think they must have some serious problems in their road map but we just cannot confirm. For conservatives, we still think that their large farm will be online, which is about 30% of the network hashrate now. In Jan, we assumed they would be online in Jan as they said. In Feb, we thought they might have delayed and will do it in Feb as they claimed. Now in Mar, we knew at last that all talks are just bluffing. So, we adjusted our pricing model.

In the past few months, the bear market of bitcoin killed lots of mining rig supplier, and you all know about those sad news. And the survived players did not dare to order too many wafers and build stocks. Mining farm plans were given up in lots of places, from WA to Iceland. Producing a mining rig and prepare the mining farm, 2-3 months is the least time it requires. So in the next 2-3 months, there cannot be large hash rate online.

According to our estimation, no one can join the mining party with substantial hash rate before June or July. And in June or July their ability to deploy real hash rate will also be very limited. Sorry that we have raised the price for 20%, but we think it is fair based on our knowledge. And previous buyers of S5 may feel better now, as the diff will not rocket, given our new forecast is better than the old one. At the same time, the bitcoin price goes up a little bit. However, if it finally turns out to be wrong after this month or next, we will offer coupon to the buyer of our this batch for our future products .

Question: Why we open Batch 6 which is scheduled to be shipped in three months?

Answer: The sales page of Batch 6 is for committing the reservation requirement of Large Buy, is not for the purchase of Retail Sales.

Ok, got it,   prior bulk buy was a bit cheaper: 
https://bitmaintech.com/productDetail.htm?pid=00020141223160858878EmLu6L5Q067D

I dont understand what the point of that is when they already have Antpool.

Just noticed that MinerLink now has live data:
http://www.minerlink.com/home.htm

Sadly, I'm not seeing a positive.  I started with USB stick miners July 2014 and graduated to used Antminer S3s -- a clearly good piece of gear. My first step "beyond" was the S5 of which I have two (had to fiddle some, but then purchased quieter fans plus adapters for two more).  Would have bought another two earlier, but my BTC wallet locked on me (my fault).  But now, two months later, Bitmain provides no opportunity to purchase at even a semi-reasonable price.  As I said before, very disappointed!  Looking as though my existing S3 are my best bet!