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Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 240. (Read 531298 times)

legendary
Activity: 3234
Merit: 1221
What they should do is drop the price AND offer a 1 year warranty.

Somehow I think they have been caught short with the R4, I think it cost more to develop and they have made short runs of them and are surprised at the lack of interest, I think they are pulling them off the site and putting them back up as and when they think they might sell a few but its not been the hot seller they hoped.

Hopefully this is not wishful thinking on my part Smiley and they will wake up, smell the coffee and offer the R4 for below $800 and the S9 for below $1000
sr. member
Activity: 546
Merit: 253
3 cent power in my area is shady. included with my 3 cent power is a kw demand charge. In the summer it's $18.00 per kw and winter is $14.00. Long story short my 3 cent power is really closer to six and I'm not saving much money.
sr. member
Activity: 472
Merit: 250

The btc  game has become a game of what do you pay for power?

A new s9 at 1540 + 60 to ship is 1600 usd if you are blessed with 3 cent power

and you can get 12.93th using 1400 watts

you will earn 500 usd in 1 one year with the machine still in hand.

that is a good deal if you have a good warranty.

look at projections for 4% growth and 3% growth  in both cases if you have 3 cent power  you make good money in a year.


phillip -

While I would normally agree with that assessment, the problem is Bitmain can drop the floor out of the market any time and sell the miners for $500 each, then the resulting flood of new hashpower and a few 12% jumps tend to kill that 3-4% average.

See:  Avalon Classic Batch 3, S7 Batch 1/2/3/4, etc
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
I'm all for extending the warranty, but raising the price is foolish. Their margins probably already allow them to replace every part of every sold miner and still draw a slight profit. With the prices they've got now, we're subsidizing the miners in their own megafarms - we're already paying them hand over fist to screw us in every way possible. The current price might be justifiable if it had a year warranty on it, assuming the warranty counted for anything and they didn't work so hard to deny every rational claim.

The btc  game has become a game of what do you pay for power?

A new s9 at 1540 + 60 to ship is 1600 usd if you are blessed with 3 cent power

and you can get 12.93th using 1400 watts

you will earn 500 usd in 1 one year with the machine still in hand.

that is a good deal if you have a good warranty.

look at projections for 4% growth and 3% growth  in both cases if you have 3 cent power  you make good money in a year.

name me any investment that returns the numbers below.

so the current 12.93  machine is priced well if it has a 1 year warranty. it is underpriced if it has a 1 year warranty.

So back to my argument they should jack price by 100-200 bucks and give the one year warranty.



legendary
Activity: 2520
Merit: 1719
Electrical engineer. Mining since 2014.
ANTMINER S9-B14, 11.85TH/s is now sold out.
edit: now for sale again
edit2: now sold out again
edit3: now for sale again, it is going back and forth
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
I'm all for extending the warranty, but raising the price is foolish. Their margins probably already allow them to replace every part of every sold miner and still draw a slight profit. With the prices they've got now, we're subsidizing the miners in their own megafarms - we're already paying them hand over fist to screw us in every way possible. The current price might be justifiable if it had a year warranty on it, assuming the warranty counted for anything and they didn't work so hard to deny every rational claim.
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
Quote
I'm using a similar strategy. Diversifying helps to decrease risk.

ATM, I'm testing one of those new 150MHS X11 rigs that  can mine on 5 algos and uses very little electricity. A few the coins i'm able to mine have been around for a long time: ie Dash and Digibyte. I'm also researching a new/efficient  200MHS machine that can mine any GPU coin and uses only 800 watts.

My gut tells me that others are looking for more profitable/efficient alternatives to straight BTC mining.

So I hope BTC difficulty levels off. That way, I hope I'm able to keep existing last generation BTC gear (S7s and A6s) and the price of this generation's gear ( S9s and A7s) becomes a lot better. If not, there's always other mining gear opportunities to explore.

BTC mining gear manufacturers will not be the only "crypto mining gear makers" to make equipment in the crypto world....and some other coins will be around for the long run too. OFC, there is the same concern that happened to the Scrypt algo when Scrypt ASICs emerged.

TLDR:  As long as we can ROI under 8 months on any other equipment, my BTC mining gear purchases will take a back seat.

I do the same thing and run three or four PC and mine XMR it's holding but price is dropping , i just won't mine it , when it gets to low . saving for two x11 miners , dash is holding around 12.84 s a coin , xmr goes up and down a lot but holding at 10 dollars and eth is around 11 bucks . it all add up and not to bad to mine this way, i like Mining btc but the gear cost to much etc .I have some older btc gear I use from time to time and about 178 MH in script miners, i got a really good deal on a Alchemist 256 that had a bad controller which was no issue . it had one board also . the other seven boards work, i dropped one and messed it up beyond repair and donated one to some one to tech schools with. so i have five boards and one Gridseed 25 MH miner not the little two blade one .a Avalon 6, may try to buy another one,after i get one or two more amd 470 or 480 depends on cash when i buy them .a S1 S3  C1 and A4.1 that set all work the S3 has 2 bad chips . the other miners work like they should.

Yup- I'm testing an x11 rig  right now. Wayyyy more profitable than any sha256 rig.

For quick comparison: I run my Bitmains and Avalons at the lowest cost host site available world wide.....while I'm running my X11 on high cost power at home. The income per kwh cost are much better on my x11 rig at home. Pretty much a "no brainer".
In fact the net profit per day on my X11 rig is very good compared to my S7s and A6s. So buying a an S9 is not on my radar ...unless the S9 is lower than $500 USD and I don't have to buy a PSU to run it.

So what will Bitmain do when the demand for its high cost rigs dried up? They will build other algo rigs. Remember they were going to build a Scrypt rig until it became unwise/unprofitable to do so. Why was it unprofitable to for them to build  Scrypt rig? Well, the earlier Scrypt rigs ( Titans, Alchemist etc.) drove up Scrypt difficulty and the demand for new scrypt rigs pertty much stopped.

So Bitmain has two options:

1. lower the price on their sha 256 rigs, or

2.  get in on other algo rigs asap before their competitors seize that market completely. Maybe its too late for them to do that late already?


Not an option  it won't be good for them in the long run.

They need to raise the price on the s-9 and make the warranty a full year.

BTC is asic bound and low cost power makes you a winner.  that was true with the s-7

it is not true with the s-9  simply because the smaller size chip has a bigger fail rate.

I would max my low cost power solar array today with 4 more s-9's  if I got a 1 year warranty.


You are correct about alt coins.  My summer power rate is 18 cents  and I mine eth coins  I spent 585 for entire home power bill  in August

I earned 1000 in Eth.   About 385-415  of the power bill was my coins.  so I cleared 575-615 mining eth
hero member
Activity: 786
Merit: 1000
Quote
I'm using a similar strategy. Diversifying helps to decrease risk.

ATM, I'm testing one of those new 150MHS X11 rigs that  can mine on 5 algos and uses very little electricity. A few the coins i'm able to mine have been around for a long time: ie Dash and Digibyte. I'm also researching a new/efficient  200MHS machine that can mine any GPU coin and uses only 800 watts.

My gut tells me that others are looking for more profitable/efficient alternatives to straight BTC mining.

So I hope BTC difficulty levels off. That way, I hope I'm able to keep existing last generation BTC gear (S7s and A6s) and the price of this generation's gear ( S9s and A7s) becomes a lot better. If not, there's always other mining gear opportunities to explore.

BTC mining gear manufacturers will not be the only "crypto mining gear makers" to make equipment in the crypto world....and some other coins will be around for the long run too. OFC, there is the same concern that happened to the Scrypt algo when Scrypt ASICs emerged.

TLDR:  As long as we can ROI under 8 months on any other equipment, my BTC mining gear purchases will take a back seat.

I do the same thing and run three or four PC and mine XMR it's holding but price is dropping , i just won't mine it , when it gets to low . saving for two x11 miners , dash is holding around 12.84 s a coin , xmr goes up and down a lot but holding at 10 dollars and eth is around 11 bucks . it all add up and not to bad to mine this way, i like Mining btc but the gear cost to much etc .I have some older btc gear I use from time to time and about 178 MH in script miners, i got a really good deal on a Alchemist 256 that had a bad controller which was no issue . it had one board also . the other seven boards work, i dropped one and messed it up beyond repair and donated one to some one to tech schools with. so i have five boards and one Gridseed 25 MH miner not the little two blade one .a Avalon 6, may try to buy another one,after i get one or two more amd 470 or 480 depends on cash when i buy them .a S1 S3  C1 and A4.1 that set all work the S3 has 2 bad chips . the other miners work like they should.

Yup- I'm testing an x11 rig  right now. Wayyyy more profitable than any sha256 rig.

For quick comparison: I run my Bitmains and Avalons at the lowest cost host site available world wide.....while I'm running my X11 on high cost power at home. The income per "unit of energy used" are much better on my x11 rig at home. Pretty much a "no brainer".
In fact the net profit per day on my X11 rig is very good compared to my S7s and A6s. So buying a an S9 is not on my radar ...unless the S9 is lower than $500 USD and I don't have to buy a PSU to run it.

So what will Bitmain do when the demand for its high cost rigs dried up? They will build other algo rigs. Remember they were going to build a Scrypt rig until it became unwise/unprofitable to do so. Why was it unprofitable to for them to build  Scrypt rig? Well, the earlier Scrypt rigs ( Titans, Alchemist etc.) drove up Scrypt difficulty and the demand for new scrypt rigs pertty much stopped.

So Bitmain has two options:

1. lower the price on their sha 256 rigs, or

2.  get in on other algo rigs asap before their competitors seize that market completely. Maybe its too late for them to do that late already?


BTW: Why do you think certain people that were key to BTC development moved over to other algos like ETH hash? For example: Gavin Anderson comes to mind. Ponder that for a bit.
sr. member
Activity: 469
Merit: 500
How much were the 12.93's going for ?
the 12.93's were 200$ more then the 11.85's
legendary
Activity: 1726
Merit: 1018

greetings, have a S9 would be better to have 2 S7 ? I doubt that since I 'm new mining






Ricardo Suarez Caballero
Director Formativo en IIEMD.com - Marketing Digital

Well the S7's have a better reliability track record at this point.  The S9's use less power though.
legendary
Activity: 1274
Merit: 1000
Quote
I'm using a similar strategy. Diversifying helps to decrease risk.

ATM, I'm testing one of those new 150MHS X11 rigs that  can mine on 5 algos and uses very little electricity. A few the coins i'm able to mine have been around for a long time: ie Dash and Digibyte. I'm also researching a new/efficient  200MHS machine that can mine any GPU coin and uses only 800 watts.

My gut tells me that others are looking for more profitable/efficient alternatives to straight BTC mining.

So I hope BTC difficulty levels off. That way, I hope I'm able to keep existing last generation BTC gear (S7s and A6s) and the price of this generation's gear ( S9s and A7s) becomes a lot better. If not, there's always other mining gear opportunities to explore.

BTC mining gear manufacturers will not be the only "crypto mining gear makers" to make equipment in the crypto world....and some other coins will be around for the long run too. OFC, there is the same concern that happened to the Scrypt algo when Scrypt ASICs emerged.

TLDR:  As long as we can ROI under 8 months on any other equipment, my BTC mining gear purchases will take a back seat.

I do the same thing and run three or four PC and mine XMR it's holding but price is dropping , i just won't mine it , when it gets to low . saving for two x11 miners , dash is holding around 12.84 s a coin , xmr goes up and down a lot but holding at 10 dollars and eth is around 11 bucks . it all add up and not to bad to mine this way, i like Mining btc but the gear cost to much etc .I have some older btc gear I use from time to time and about 178 MH in script miners, i got a really good deal on a Alchemist 256 that had a bad controller which was no issue . it had one board also . the other seven boards work, i dropped one and messed it up beyond repair and donated one to some one to tech schools with. so i have five boards and one Gridseed 25 MH miner not the little two blade one .a Avalon 6, may try to buy another one,after i get one or two more amd 470 or 480 depends on cash when i buy them .a S1 S3  C1 and A4.1 that set all work the S3 has 2 bad chips . the other miners work like they should.
newbie
Activity: 10
Merit: 0
How much were the 12.93's going for ?
sr. member
Activity: 324
Merit: 250
Looks like S9-B14 11.85 TH/s is currently in stock and ready for purchase, im holding out for the 12.93 TH/s to come back in stock.
legendary
Activity: 1500
Merit: 1002
Mine Mine Mine

greetings, have a S9 would be better to have 2 S7 ? I doubt that since I 'm new mining


anything that fails/breaks easily is NOT good !





Ricardo Suarez Caballero
Director Formativo en IIEMD.com - Marketing Digital
newbie
Activity: 1
Merit: 0

greetings, have a S9 would be better to have 2 S7 ? I doubt that since I 'm new mining






Ricardo Suarez Caballero
Director Formativo en IIEMD.com - Marketing Digital
legendary
Activity: 1084
Merit: 1003
≡v≡
can someone pleas etell me what temperature is normal for S9 to hash on ?
for PCB and CHIP of course
thanks
Nice pretty picture here of normal temps Tongue
https://bitcointalksearch.org/topic/m.16231298

Temps good.
Chain-4 (board 3) is on its way out.... Nice "Real Time hashrate eh? Wonder what BMminer is looking at  'cause it sure aiina right Wink

thanks for showing me this. On freq 600 mines are running on 98-102 and I think this is bit high, I left them on freq 300 which gives avarage temperature 80-87. I need to work on cooling system for mining room I guess.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
can someone pleas etell me what temperature is normal for S9 to hash on ?
for PCB and CHIP of course
thanks
Nice pretty picture here of normal temps Tongue
https://bitcointalksearch.org/topic/m.16231298

Temps good.
Chain-4 (board 3) is on its way out.... Nice "Real Time hashrate eh? Wonder what BMminer is looking at  'cause it sure aiina right Wink
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
I think this question has already been asked about 113 times in this thread, which means any given page will probably have the answer.
legendary
Activity: 1084
Merit: 1003
≡v≡
can someone pleas etell me what temperature is normal for S9 to hash on ?
for PCB and CHIP of course
thanks
hero member
Activity: 786
Merit: 1000

........

12mo; can we dream?
Incidentally, I bought 5 more GPUs while S9 was not on sale, a.k.a they have serious competition now.

gpu's are the biggest competition bitmaintech has at the moment.

With all due respect, I must disagree with the view of GPU's being competition for Bitmain. Using a GPU to mine a different coin, which is then exchanged for BTC isn't really the same thing as buying a Bitcoin miner. Yes it may be a cheaper way to acquire BTC, mining another coin and exchanging does nothing in terms of the network, difficulty, and the like.

To some extent folks that might have spent their money on a Bitmain product, maybe it has a tiny impact. If there was a wholesale rush to mine-XXX/exchange, folks with actual BTC mining hardware might benefit from a long term stability or reduction in difficulty. The value proposition also is at the whim of the exchange rate, and longevity of the the XXX coin. I always wonder what happens to all those XXX coins that are exchanged for BTC. Who gets "stuck" with them?

Besides, Bitmain doesn't seem to have any difficulty selling their miners at the price they want, regardless of what folks do with their actual fiat money (e.g buying a GPU based system).


Okay the Internet is a hard place to discuss  with an s-9 .
I can see your point in that bitmaintech doesn't care if miners buy gpus.
I have 23 gpus mining at about 500mh earning 900 usd and costing 430 in power that is 18 cent power
I net 470 usd per month.

I have 55th in s-9 it earns me money but has  free power due to solar array deal I have.
I can only lose on s-9 if it breaks since my warranty is 90 days.

So when I want to add gear I need to weigh the following  2 year warranty for gpu gear with the risk of all gpu coins crashing.

Or a 90 day warranty on s-9 which the risk of the s-9 breaking.

So I am middling my risk.

If the solar array was on my land and in my house I would have a few gpu miners running in it.

I can not see me going all gpu or all s-9 .  So I see  gpus and s-9 as different tools to dig crypto coin.

I also see all coins as the same item no real difference between them when viewed as a means to acquire wealth.  Obviously coins are consider different in other ways, but a million usd of any coin is a million usd.



I'm using a similar strategy. Diversifying helps to decrease risk.

ATM, I'm testing one of those new 150MHS X11 rigs that  can mine on 5 algos and uses very little electricity. A few the coins i'm able to mine have been around for a long time: ie Dash and Digibyte. I'm also researching a new/efficient  200MHS machine that can mine any GPU coin and uses only 800 watts.

My gut tells me that others are looking for more profitable/efficient alternatives to straight BTC mining.

So I hope BTC difficulty levels off. That way, I hope I'm able to keep existing last generation BTC gear (S7s and A6s) and the price of this generation's gear ( S9s and A7s) becomes a lot better. If not, there's always other mining gear opportunities to explore.

BTC mining gear manufacturers will not be the only "crypto mining gear makers" to make equipment in the crypto world....and some other coins will be around for the long run too. OFC, there is the same concern that happened to the Scrypt algo when Scrypt ASICs emerged.

TLDR:  As long as we can ROI under 8 months on any other equipment, my BTC mining gear purchases will take a back seat.
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