Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 22. (Read 531164 times)

Per     Pool Fee           Est. Rewards   Rev. BTC   Rev. $   Cost            Profit


Month 0.000000   0.031014           0.031014   $259.15   $98.64    $160.51
Year     0.000000   0.377333           0.377333   $3,153.00   $1,200.12    $1,952.88

With 2k USD today you can buy 0.23770460 BTC and sell is when it raises with 1,952.88 usd so that you can be happy you got more than miners will ever do for an year

Guys, I am confused 

Antminer S9 14 TH/s batch is already sold out...like in 1 day.

What I don't get is why the demand is so high 

Look:

1) BTC is currently trading $8500
2) Antminer S9 14 TH/s price with APW3++ is $1864. With delivery costs and taxes that's about $2000
3) Antminer S9 currently produces about 0.001 BTC per day. That's 0,03 BTC per month. Taking into account difficulty growth Antminer S9 will produce during its life 0,03 BTC * (1 + Monthly difficulty growth) / Monthly difficulty growth (since its infinitely decreasing geometric progression)
4) Average monthly difficulty growth
- in 2017 was 17%
- in 1Q 2018 is 23%
5) So with let's say 18% monthly difficulty growth Antminer S9 will produce 0,03 BTC * (1 + 18%) / 18% = 0,197 BTC during its life
6) But now for the cost of equipment ($2000) you can buy $2000 / $8500 = 0,235 BTC

So you can get 0,235 BTC now or buy ASIC and get 0,197 BTC in like 2-3 years.

Whats the point? Why are people buying Mining equipment now?

Maybe I am wrong somewhere?

I don't account for transactions conformation fee. Is it large? How much in fees you get for one Antminer S9?

1850 USD w/psu, it's actually cheaper right now to buy on ebag from a US shipper if you're in the US, no customs.

And Phillipma if you're around, the changes are making the s9 more profitable than my gpus for the moment, although that will probably change again.

I sent a few miners to Bitmain in LA for repair last December. I paid BTC per request. Then they asked me to pay BCH after 2 weeks and they said they would refund BTC. Ok I paid BCH. After 3 months they still have not sent the miners back as they promised the miners would be send out within 7 working days. I wonder whether it's only me having this issue or it's typical for repair.

Obviously Bitmain is dumping all the miners and they don't care about the service any more. Dealing with these Chinese companies is really painful. No wonder people would rather pay more on eBay for miners, instead of dealing with Bitmain directly.

Hypothetical situation, or is it?


"Hi I'm a pool operator for a mining pool who has been asked by MORE THAN ONE ASIC PRODUCER, to specifically add code for a new, unreleased miner."   Now why on earth would anyone do that BEFORE a new miner is produced/released?  


THINGS THAT MAKE YOU GO HMMMMMMMMMMM.


Houston, we have a problem.

Wow, so many S9s for sale everywhere! So many miners for sale from the handful of manufacturers too. If you bought a month or a week ago, you got screwed as they are all starting to drop their prices back down to where they were 6 months ago. Bitmain been dropping theirs every few weeks now. And they have so many miners available at different price points too.

Some of us can see things and can make 2+2 = 4 without being given the answer...you unfortunately do not possess that capability.

Enjoy your waffles and french toast.

Actually, the question was answered, you just didn't get the answer you wanted.   You can't have your way all of the time.   

And yes you did inherently state that Bitmain does not test future products, again read up on Asicboost, even though that's not part of the answer you're wanting to know.

Evidence?  Do you know how business works?  I'm quite sure Bitmain isn't following your example by not testing future equipment.

Rung along kiddo, the grown-ups are talking now.




PS, research AsicBoost, pools would only implement it if........yes.......wait for it.....compliant miners were mining at their pools.

Correct on release date.  But it's definitely mining right now.

Well price is dropping and waves of coupons.
But it's only my humble opinion 

Good question seems like final sell out of these units.

Just got an E-mail from Bitmain.
New Coupons for every March Batch :

Dear customer,
 
Thank you very much for your purchase of our products. 
This email is to inform you that we will issue coupons for the follow batches
 
•   Customers who have purchased and fully paid the following two batches of S9 miner on our website (https://shop.bitmain.com/) will tentatively receive a 250USD coupon for each miner purchased.
1.   Previous batch with retail price 1915USD  Antminer S9
2.   Previous batch with retail price 2000USD  Antminer S9 with PSU
•   Customers who have purchased and fully paid the following five batches of T9+ miner on our website (https://shop.bitmain.com/) before will tentatively receive a 400USD coupon for each miner purchased.
1.   Previous batch with retail price 2095USD  Antminer T9 +
2.   Previous batch with retail price 2008USD  Antminer T9 +
3.   Previous batch with retail price 1958USD  Antminer T9 +
4.   Previous batch with retail price 1235USD  Antminer T9 +
5.   Previous batch with retail price 1320USD  Antminer T9 + with PSU
•   Customers who have purchased and fully paid the following batch of L3+ miner on our website (https://shop.bitmain.com/) before will tentatively receive a 100USD coupon for each miner purchased.
1.   Previous batch with retail price 1396USD Antminer L3+
 
Please note that,
1.   The coupons will be released starting from 1 April. It will take 3-5 business days and can be applied to new purchases of S9, L3+, T9+, V9, D3, A3 and X3.
2.   The Coupons will not be issued in cash and cannot be exchanged for cash. It can only be used to deduct the payment amount when you purchase our miners through https://shop.bitmain.com/
3.   More than one Coupon cannot be used for the purchase of one miner.
4.   During the purchase process, once the Coupon has been selected and the order has been submitted, the Coupon is deemed to have been used and cannot be used again, even if such an order is not fully paid.
5.   Coupons can be transferred to other users’ accounts on www.bitmain.com.
6.   The amount deducted by the use of a Coupon or Coupons cannot be invoiced.
 
Thank you for your continuous support and we look forward to receiving your orders soon.
 
Best regards,
The Bitmain Team

S9 Release was about 2 Month after S7 Coupons Validity Time.
So maybe this time early August 2018 ?

Why do you guys think that price decrease means they will release a new miner tomorrow? The prices of today almost match the prices of second half of last year before the huge spike in BTC price. BTC is now almost the same price as before the spike, so it makes sense.

S9+, S11 or whatever are just rumours, I doubt they will come up with something before the end of the year, plus if they are already testing a new machine internally we would notice a raise in global hash rate, no?

used to wait and wait and stress for getting an antminer. now... is it always available like candy!

I agree with opinion that the day for putting S9 to sleep is coming, what I would like to know if someone has calculated when that could be , and is it smart to sell it now while it is still worth something, or to mine for little longer before sale?

Sooooo...Bitmain further decreased prices

Now they charge (for April batch)

1) $1779 for S9 with 14 Th/s
2) $1571 for S9 with 13 Th/s

$2,100

S9 is on its end of life cycle, soon to be obsolete.  All these big farms with S9s will be crying soon - UNLESS - we get another huge pump wave for bitcoin.  But new ASICS are coming, S9 is no longer the efficiency king and in one year owning an S9 will be like owning an S7 now I suppose.  So probably still profitable but maybe not.  If they do not have "parts" for it, then that does not surprise me.  There is a place in colorado that repairs Antminers i think, you can look it up, i think its bitmainrepair.