Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 - page 7.

thebigjdoe

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Quote from: mgoz on July 30, 2019, 03:19:18 PM

They've been 25% since August 23, 2018. 8543.70.9960 is in Section 301 Tariff List 2. There have been no changes to List 2 tariffs. List 3 tariffs increased from 10% to 25% in May 2019 and List 4 tariffs did not increase to 25% yet. If you only order one unit at a time you may luck out with an informal entry (if below $2,500), customs classifying it wrong, and only paying 2.6%. All of my last orders through DHL were only charged 2.6% and liquidated as such. Comes down to the customs officer completing the paperwork for informal entries. Larger orders and formal entries you'll be paying the full 27.6%.

I was replying to the guy who said it's the same amount of BTC as when they were cheaper. My comment was that since the price in USD is higher now, the total amount of tariffs you have to pay now is higher...

MoparMiningLLC

legendary

Activity: 2044

Merit: 2195

EIN: 82-3893490

I have only skipped having to pay customs when buying single miners with a value under $1,000 USD anything over that has cost me in tariffs

btw - Bitmain just listed new prices for "coming soon" stock.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

If a freighter comes to collect from improper poor coding you could potentially be denied service. Regardless of who's error it was or wasn't.

mgoz

full member

Activity: 265

Merit: 232

Quote from: minefarmbuy on July 30, 2019, 06:10:06 PM

I would still encourage filing correctly but there's nothing wrong with hoping a freighter makes a mistake.

With an informal entry you don't file anything. Customs completes all the paperwork and determines classification/rate and it's immediately liquidated upon release. With a formal entry, the importer is responsible for filing the paperwork and specifying correct classification. Formal entries aren't liquidated for up to a year, which is what allows them to review your filings and then come back and charge you more if you didn't file correctly. I still wouldn't bank on it, but I'm 3/3 for customs filing and liquidating as informal entries at 2.6% when they were supposed to be 27.6%. One of them was also slightly above $2,500 and they still processed as an informal entry. This was as recent as May 2019 for a Z11.

minefarmbuy

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Activity: 1022

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We are not retail.

I would still encourage filing correctly but there's nothing wrong with hoping a freighter makes a mistake. Just still plan for 27.6%. Which relating to the thread makes these pretty spendy but considering resellers have prices of $6k themselves for ready now units adding duties to that is even worse.

mgoz

full member

Activity: 265

Merit: 232

Quote from: thebigjdoe on July 30, 2019, 11:44:31 AM

tariffs are much higher now....which means total cost is way up whether or not you need to buy the btc

They've been 25% since August 23, 2018. 8543.70.9960 is in Section 301 Tariff List 2. There have been no changes to List 2 tariffs. List 3 tariffs increased from 10% to 25% in May 2019 and List 4 tariffs did not increase to 25% yet. If you only order one unit at a time you may luck out with an informal entry (if below $2,500), customs classifying it wrong, and only paying 2.6%. All of my last orders through DHL were only charged 2.6% and liquidated as such. Comes down to the customs officer completing the paperwork for informal entries. Larger orders and formal entries you'll be paying the full 27.6%.

MoparMiningLLC

legendary

Activity: 2044

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EIN: 82-3893490

the last miner I bought was in the 1200 range shipped and the tariff was around 330

thebigjdoe

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Quote from: ?? on ??

More ridiculously priced S17's "coming soon"

tariffs are much higher now....which means total cost is way up whether or not you need to buy the btc

mgoz

full member

Activity: 265

Merit: 232

Initial batch for an S17 Pro 56 TH/s cost me 0.48 BTC from Bitmain, which is around $4,700 at current BTC price. This batch is actually cheaper and 0.45 BTC. It's only more expensive if you need to buy the BTC. That being said, I still wouldn't buy since first batch has been out for over 3 months and it's really not much of a price break even if you used a $300 coupon.

dimaze

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Activity: 181

Merit: 53

Quote from: MoparMiningLLC on July 23, 2019, 05:48:58 PM

this is also interesting - per the email attached, orders of 2 or more miners will supposedly be shipped from Malaysia - which then means no tariff, correct?

or is that meaning 200 to 500? that is my guess but he did put it as 2-500 lol

https://i.ibb.co/BNxKGvN/Capture.jpg

This is only for orders of 200 or more. 2 isn't big Tongue

Standard retail orders will be shipped from the Shenzhen territory, which will be subject to substantial tariffs.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Yea, tough sell imo but I suppose bitmain thinks otherwise. Have a couple s9s and 821s to look to upgrade to. Such a speculative purchase.

You can DM me if want to see wire/btc pricing for the units we have up.

philipma1957

legendary

Activity: 4102

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'The right to privacy matters'

basically I can't lose money if I don't buy the over priced gear.

If I buy the over priced gear I could lose out..

So the 19-22 s9's

and the 25 l3+ will mine on.

I may buy a third whatsminer 20s they have been good to me.

my t17 was 1880
my s17 pro 53th was 2250

so 4130 for 93th

if I had purchased them on 7 day deal I would be at 7000 maybe 8500 with trump tax.

8500 usd I get 46.5 th for free with my power deal so 46.5 x 0.00002777 = 0.0012913 btc a day x 9500 = 12.26 ssd a day or a 693 day roi that is too long.

MoparMiningLLC

legendary

Activity: 2044

Merit: 2195

EIN: 82-3893490

Quote from: philipma1957 on July 24, 2019, 09:54:53 AM

... I have enough gear for today. I will mine on.

same. i would like to swap out my S9's for 17 series but at those prices the 9's will make me more money.

philipma1957

legendary

Activity: 4102

Merit: 7765

'The right to privacy matters'

A lot of the gear sold out.
only these 2 left

t17 40 th for nov 1958
https://shop.bitmain.com/product/detail?pid=00020190723112644806vA2EK13s0648

s17 53 th for nov 2735
https://shop.bitmain.com/product/detail?pid=00020190723112227658LC9C6qfh067A

tack on 642 for shipping and trump tax the t17 40 th is 2600

tack on 865 for shipping and trump tax the s17 53 th is 3600

plus wait till nov.

there is an up side to the nov units for a USA buyer trump tax could end or lower by nov.

making them a lower price.

I have enough gear for today. I will mine on.

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Quote from: ?? on ??

I believe the s9k might be from Malaysia but we're still waiting on confirmation but imagine it is true they are for bulk orders 200+

No word on Malaysia units but was able to get some stock for in stock units before sell out.

madmartyk

legendary

Activity: 2674

Merit: 1030

Yes I am a pirate, 300 years too late!

I don't know about the tariffs, I got nailed on the last batch. But to add insult I just got a letter from the state of Illinois that I owe use tax on miners I bought in 2017. Still waiting to see what that is going to cost me.

MoparMiningLLC

legendary

Activity: 2044

Merit: 2195

EIN: 82-3893490

this is also interesting - per the email attached, orders of 2 or more miners will supposedly be shipped from Malaysia - which then means no tariff, correct?

or is that meaning 200 to 500? that is my guess but he did put it as 2-500 lol

madmartyk

legendary

Activity: 2674

Merit: 1030

Yes I am a pirate, 300 years too late!

You all can have mine, at those prices I'm not a buyer.

MoparMiningLLC

legendary

Activity: 2044

Merit: 2195

EIN: 82-3893490

Quote from: AriesIV10 on July 23, 2019, 10:28:58 AM

Anyone see the date that the sales will start?

per the email 7/24 19:00 (GMT +8)

MoparMiningLLC

legendary

Activity: 2044

Merit: 2195

EIN: 82-3893490

I agree - even with better efficiency, the increased price is not worth it. especially once you add the tariff.

I almost wish I could find T15's as they are under the tariff amount and still hash just fine around the 60 to 67 J/TH range

what is extremely funny to me is now that bitmain is getting ready to sell - all the bitmain coupons are on ebay - hundreds of them and most if not all are new listings - only one catch they all say the coupons expired march 31st lol

Topic: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17 - page 7. (Read 11165 times)