Topic: AntMiner S9 rampant speculation thread, have to be quick though - page 5. (Read 12810 times)

hashnest recently stopped paying people, anyone know anything about that?
Since antminer is their product just wanted to see if they gone scam?

Choo chooo (i'm into the hype train!... just posting to stay into the loop)

Point is very well taken!

the dynamic between eth coin and btc is different.

mostly due to the coming ½ ing.

I have 1 foot in the eth camp and 1 foot in the btc camp.

I am positioned to stay in both camps.
Not because I want to but it makes sense to me.
I can sell my pc's to gamers at good prices.
I build 2 card rigs .
I have a bail out on them and I can put the sales cash into btc.

I don't have a bailout on btc it the ½ ing crashes stuff.

But I do  see
 1 bill eth
 6.8 bill btc


I see about 100,000 r 390s mining eth  cost for just the r9 390s = 30 million usd   you still have a pc and a gpu after the crash


I see about 300,000 s-7's mining  btc   cost for just the s-7's     = 150 million usd.  you don't have much after the crash

I am a 2-6kwatt miner in house  cost $$$
I have access to 15kwatts free in the solar array and my friends office.   I get ½ the coins.
I may get access to 6kwatts at 8 cents in the Brooklyn navy yard.    I get ½ the coins.

I know a hundred guys like me.  We are all doing some eth coin.  Mostly we want to mine.   Most of us are not going to buy an s-7 it will be out of date for us in a minute.

So do guys like me jump into eth and no s-9  some will  go all eth coin some will go all  btc.  Some will do what I do.  both.

I know that if they sell the s-9 I am getting at least one or two for the array.

You keep pointing to its market cap like that is a real number. If anyone tries to sell a substantial amount of ETH the price would tank and everyone would be looking for the next get rich quick coin. I mean sure the price is artificially inflated right now because everyone is so afraid of the halving but do you really think it can sustain its growth at anywhere near the recent rates in the long term? Personally I have severe doubts.

You are 100% correct that:

 Flawed logic is flawed.

But for more then 120 days  Eth mining is better to mine then btc and eth coin has over a 1 billion dollar market cap.


So " wait and see" might be a better choice for you to say.

People go where there is money to be made.

So because a couple mines are trying to make a quick buck on ETH its all of a sudden a direct competitor? Flawed logic is flawed.

That is the reason why I am looking at GPU cards instead of S7 or S9 as you can expand it if you like but with asic miners you are confined within the units themselves.

One of the largest BTC mining farms (BitPay or something similar) is actually expanding with GPUs.

Nobody cares whether its BTC or ETH or Chicken Feet, all everybody cares about is what will make them the most money. Its common sense.

Except ETH is not competing with bitcoin. You guys really gotta stop looking at things from the at home miner perspective when discussing hardware because that is not how the companies look at it.

Most likely they will price it high, and after low sale numbers they will reduce the price.

They might not have other  ASIC competition but ETH is their competition right now and they will have a hard time beating it.

The only reason S7 is still $450 is because it can mine at least $200 before halving.
yeah, they can price S9 at what you imply, but sane people will not buy, hopefully, unless they have a bonus of two r9 390 for free, LOL.

well at 150 a th it would be  1500 for 10th  coins are dropping about 440  so 3.4 coins = close to 1500.

that I could see.  but no way will it be 5 btc.

I think you are right about what makes sense for the buyer but the two users above are talking about what makes sense for Bitmain. And Batch 1 is very likely to be priced by the latter. $150 or more per TH/s would be my guess, considering that the S7 is still ~$100 per TH/s.

where you are getting these numbers?

If shipped on May 26 and you get it on june 1, 9.6 th 1200 w, 0.1 electrical cost miner produces $387 worth of bitcoin (at current prices) with $115 power cost=$272 net before halving.
After halving, it starts producing just $4.43 a day with 2.88 electrical costs=$1.55/day net (without taking into consideration difficulty rise between now and then which would probably make net=0). Therefore,  $500-600/ 9.6 Th S9 is most reasonable.
The only way it would work IF BTC price rises to $700-900, but IF you have to bet on that, you would be just speculating on price.

I agree that initial price can easily be 5BTC for 10THs if Hash will be a monopolist

apart from the fact that the front of that page look very fishy and shady, where is the consumption?

 Bitmain doesn't sell on OpenBazar.
 I doubt they'd be inclined to do so with the S9.
 I'm betting "scam" as well, though I'm NOT betting the price and specs they came up with are way off.

 Consider the ORIGINAL price on the S7 - more than $1000 and more likely $1500 ballpark is what I would BET on the S9 starting off at, possibly $2000 if Bitmain beats everyone else to market with an actual for-sale-to-the-public miner.

Yeah, that price is NONSENSE.
9.6 is the same as 4.8 before halving, maybe even less considering possible delays for S9 vs S7 availability.
A dud for more than $1000, and even that is a ridiculous price.
Anything more and i will simply laugh at it all, while walking away.
$600-750 is more like it.