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Topic: Bitmain Doubles Price for S9 - page 2. (Read 1554 times)

sr. member
Activity: 301
Merit: 250
December 22, 2017, 08:47:19 AM
#31
I will buy 5 of it.

no matter how expensive it is.

You are the 1 in 10.  Congrats.
legendary
Activity: 1498
Merit: 1030
December 21, 2017, 06:27:28 PM
#30
Bitmain has a long-standing policy that they target "6 month ROI" as the price on their miners.
I think they might have changed that to "9 month" or so on the S9 since there wasn't going to BE a "new generation on a new procss node" for years.

 I'm a bit amazed it took them THIS long to bump the price up, nor does HOW MUCH it jumped shock me at all.

 I'm not going to go into the ETHICS of this kind of price change, or the total LACK of ethics of them FORCING the use of that BCH coin they back for purchases from them.
newbie
Activity: 6
Merit: 0
December 21, 2017, 12:43:01 PM
#29
That's unfair! There are not enough competitors in this market(
That's exactly the reason why Bitmain is doing such things.
If there were 2 or more 14Th/s miners available, there would be a decent competition probably.
But now Bitmain are in dominant position, until Ebit or Canaan (or dragonmint Cheesy) come up with something similar.

Ebit just announced their new miners. They are selling their 14Th/s miner for 4k. I don't think Canaan will be obligated to put a reasonable price either
newbie
Activity: 22
Merit: 0
December 21, 2017, 11:46:45 AM
#28
It is simple supply and demand. They can set their pricing based on what they feel they can get for the products without competition shatching their customers.

Dont get me wrong, I was set to buy too, but at $2700, I sat out. I am monitoring all the vendors right now: Bitmain, Ebit, Canaan and thers and it looks like $200/Th is becoming the new norm.
full member
Activity: 266
Merit: 100
December 20, 2017, 06:36:35 AM
#27
I will buy 5 of it.

no matter how expensive it is.
newbie
Activity: 2
Merit: 0
December 20, 2017, 05:38:21 AM
#26
Well, it's obvious that there is always someone that will buy them, so accepting BCH they are boosting their own currency
full member
Activity: 280
Merit: 102
December 19, 2017, 08:33:50 PM
#25
Well, those could gather dust for all that I would notice.  Just more reason to go with gpu-centric coins.  The resellers stateside were already killing me with their markups on often badly used equipment.
sr. member
Activity: 301
Merit: 250
December 19, 2017, 08:18:56 PM
#24
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch


It is very likely related that they released a batch at ATH for Bcash, and btc on a dip.

Doubling the price is just another slap in the face.

We will see within a week how BTC and BTH price will flow and how much real influence Bitmain has.

Overall, a price increase by +110% will inspire a lot of existing customers to change to the alternative mining equipment supplier once one becomes available.

This.

Go Canaan. 

I was set to purchase 100x S9.  No way with this BS.  Money is going elsewhere now and in future expansions.
newbie
Activity: 26
Merit: 0
December 19, 2017, 07:35:45 PM
#23
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch


It is very likely related that they released a batch at ATH for Bcash, and btc on a dip.

Doubling the price is just another slap in the face.

We will see within a week how BTC and BTH price will flow and how much real influence Bitmain has.

Overall, a price increase by +110% will inspire a lot of existing customers to change to the alternative mining equipment supplier once one becomes available.
jr. member
Activity: 99
Merit: 4
December 19, 2017, 06:55:45 PM
#22
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch


It is very likely related that they released a batch at ATH for Bcash, and btc on a dip.

Doubling the price is just another slap in the face.
member
Activity: 658
Merit: 21
4 s9's 2 821's
December 19, 2017, 06:55:14 PM
#21
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch


Now that the S9's are sold out, that will drop back down again. 
newbie
Activity: 3
Merit: 0
December 19, 2017, 06:52:36 PM
#20
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch
jr. member
Activity: 99
Merit: 4
December 19, 2017, 06:40:31 PM
#19
FUCK you bitmain, off to any other competitor with my business.
sr. member
Activity: 358
Merit: 255
December 19, 2017, 12:35:52 PM
#18
That sucks, I was going to order a couple yesterday but my transactions were delayed.

From where?  There was no batch available yesterday that I saw.  Last batch closed last week Monday @ $1415USD, for late January delivery.

I may be mistaken but I believe they were available at +-1:30am at the old price when I was looking before going to sleep. I was looking at PSU's and S9's while trying to submit a ticket for an antpool issue.
copper member
Activity: 658
Merit: 284
December 19, 2017, 11:23:35 AM
#17
Bitmain is definitely trying to remove the young guys, miners with small budget out of the map.
Bitmain is trying to centralized the mining industry to the rich and powerful.
Jihan Wu has no different with Peter Thiel now.
Thank God, DragonMint is on the way! Tongue  
jr. member
Activity: 112
Merit: 6
December 19, 2017, 11:06:31 AM
#16
it almost seems like Bitmain is antagonizing one of their competitors to try and get into a price war with them. Bitmain charges double for s9, Ebit is asking some ridiculous number.... I wonder if Canaan will now price under the s9 for their A8. I saw Phil say a day or two ago, that Canaan shouldnt try and price their A8 under bitmain and someone else thought that the A8 would sell for about 2500, now that price would even be cheaper than a S9. Bitmain is playing games because they know they run the market, trying to get someone to try and beat their price and then squeeze them out of the market.
full member
Activity: 658
Merit: 118
December 19, 2017, 10:56:36 AM
#15
It'll be interesting to see what happens tomorrow when Ebit and Canaan release their new model specs.
full member
Activity: 334
Merit: 101
nothing is lost if you don't lose yourself
December 19, 2017, 10:54:52 AM
#14
at this price they can keep them
it will be over 3500usd total costs including shipping and import tax
newbie
Activity: 37
Merit: 0
December 19, 2017, 10:42:06 AM
#13
That sucks, I was going to order a couple yesterday but my transactions were delayed.

From where?  There was no batch available yesterday that I saw.  Last batch closed last week Monday @ $1415USD, for late January delivery.
sr. member
Activity: 358
Merit: 255
December 19, 2017, 09:49:32 AM
#12
That sucks, I was going to order a couple yesterday but my transactions were delayed.
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