Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 277. (Read 531168 times)

well that got bitmain attention, I got an e-main saying I contacted them (ha), and if I did not process clearance demands I am liable for re-shipping.

well can you tell me why my items are in Poland? lol nice one! I will not be liable for re-shipping bud.

I have been sent ticket tags of an address in Poland, saying I need to fill in details and provide a passport/driving license to polish authorities or it will be declined and sent back.

this is just for your info guys, I am genuinely happy with bitmain, this is the first f$^k up, so i'm cool.

I have been doing it since 2012 and I am one of many that do it.

sorry but gambling on miner's cost in the future is really retarded business model.
resale value is a (possible) bonus not a business model

EVERYONE Watch your shipping details, DHL are stopping all my miners in customs! saying they need documentation of what it is and what it does!!

just a heads up, take care all.

can someone verify the delivery their time on the S9-B9?
It is what they claim on their website ?
*edit* im aware S9-B9 is sold out, but im preping for the next one

here

https://shop.bitmain.com/product.htm

Just like to ask.. where to buy the Bitmain Antminer S9?
links would be nice.

I'm still a newbie, planning to setup.

I'm finding it less enjoyable now that the entry fee is $2000 and there isn't much of a choice. Luckily I still have some GPU rigs to tinker with and that should suffice until either Bitcoin mining becomes less elitist (unlikely) or some truly viable alternatives emerge (heresy, I know).

There is also a chance someone bought with fiat.  So that could be a different ROI schedule that could happen much faster, depending on what BTC does in value.  And yes there is a argument someone could have just put that fiat money in straight BTC I do see that option to.  But that is a different conversation then hardware.  Also the other optimistic  view is maybe some old gear come's offline and we might lose some old hashrate. 

Those are two thing's I can think of that an optimistic type might say.  I do consider it part hobby and part investment to be honest.   I love it that has kept me in the mining game, I just enjoy it chances are always will.    I think most still doing it enjoy it as I think you really have to to keep mining long term.

You guys realize that you're just trying to find rationalizations for your hobby/addiction/whatever you want to call it?  

S5 at launch IIRC had a 200-day ROI at $0.10/kWh with a 2% diff growth. It managed to achieve and even exceed that because difficulty stagnated during most of 2015.

S9 now has a ~300-400-day ROI (depending on the batch) at $0.10/kWh with a 2% diff growth. So you are basically hoping that a similar scenario will happen again (bitcoin price crash, slow diff growth) and will last even longer.

Edit: actually it's ~500 days for batch 9. Insane.

But then some here are trying to say that Bitcoin price rise would somehow help ROI... it wouldn't. Higher price will inevitably cause diff to rise and the S9 will mine fewer bitcoins. You don't want the Bitcoin price to rise while you're mining. You want the price to rise when you're hoarding a stash of coins and not giving them to Bitmain. Once you've given them to Bitmain you want the Bitcoin price to drop.

well D57heinz is usa based So his  mining has real world tax advantages that don't exist for buy and hodl.

If you are going on that strategy you would be better off just buying bitcoin and holding it and not spending money on mining equipment.

If we are all In agreement long term price will keep rising.  Then mine now paying for elec with fiat only.  Keep the btc and sell about 5-10 years down the road or more.  That is my new plan. My power rates aren't the greatest but even if I see 2% diff increases at .10 power I would see roi in fiat by one year by selling all btc till roi.  But I think the mine and hold should prove more profitable now. Makes me think that strategy along with those With free power are reason  people still jumping on old equip.  Seen a post a guy didn't care what you had even back to bfl monarchs. Not sure if it's legit but seems some have a strategy that involves old tech.  Got me thinking i should start dumping all my antiques:).

Best regards
D57heinz

Try being in California in Silicon Valley.....

My parents pay over 11C/KWH at night for their house.....

And if you have a commercial hookup, be ready to see charges of ~0.32/Kwh.....  Cause that's what we pay PG&E for the power service in our aircraft hanger...  It's insane.

I am lucky to have a power line to my rental space in the countryside that comes with my rental.   I squeeze every last watt I can safely run on my line at all times.....  I am working on upgrading to a 220 source and expanding my capabilities at home soon.


The S7 is now makes less than a single GTX980 strictly running Lyra2;  That says a LOT about what the halving did to the older equipment.   In other terms I can squeeze 3 of those video cards into the same power draw the S7 is currently pulling at a reduced hashrate (960w)....  And the only reason its kept online is because I dont pay a dime for the power it draws since its already included with my obsurdly cheap rent.

I am seriously thinking of ditching them all together and not running any new bitmain units until they are fairly priced.... well under the 1K mark.... no way that I would pay more at this point... not a fat chance in hell.

The halving killed the profitability of my S7, and my video card is just a tad less profitable than it was before the halving.   That's some serious food for thought to people wanting to buy a new antminer unit.

 

and this is why they are being generous on the s-9 price.  if they  say batch eight is sold out  wait 5 days and list batch ten at 2200 it will sell.
and they can issue coupons to batch 1 and 2 buyers for 75 off.

thus further supporting the early buyers.  I know I sound like a broken record but they are doing more then 150,000 usd a day in sales.
The batches sell out so as far as I can see they are underpriced for a low power guy.

and of course fuck you to anyone at 10 cents or more.

I did an analysis of most of the last gen miners at
https://bitcointalksearch.org/topic/lifetime-hardware-roi-profits-for-all-bitcoin-mining-hardware-1477198

And pretty much except for the Antminer S5, the rest would of been break-even for most who pay average prices for electricity.

That's why people are ripping each other left and right when they sell gear and overcharging because its the only way they make a profit with Antminers.

That's why an Antminer S5 costs the exact same as an Antminer S9 in terms of $/GHS.

Yes, in addition to price, the hashrate of the Batches may be different. The biggest reason that Batch #8 is lower priced is that it has a lower hashrate. At least that's my opinion for the reason.

While Batch #9 is presently sold out, Batch #8 is a slightly "better buy" in that the reduction in hashrate is offset by a slightly larger reduction in price. Not by much, but a tiny bit.

You can figure BTC/TH to see a small difference (in favor of Batch #8) at the present time.

Yeah it kinda sucks when Bitmain holds all the cards.  I mean I should have learned my lesson after my Avalon Original Batch 3 box made a 100BTC investment 50BTC.  Even the early Antminer S1 batches were hit/miss on profitability.  I skipped the S3 (undervolted my S1s instead though the S3 was solid) and the only ASIC gear that was really profitable was the S5/SP20 due to the long-depressed bitcoin price that kept difficulty in check and the high resale value.  Basically luck!

S7 I bit on Batch 2/4 knowing it was overpriced and a gamble but I wanted the power efficiency.  In hindsight that wasn't a great idea.  Remember S7s started out in the 3-4 BTC range and dropped like a rock because 28nm was easy for Bitmain to shove out the door.   In fact I really do believe Bitmain knows exactly how they can control difficulty, and they are doing that right now to maximize profits and keep selling miners at an inflated cost.  Eventually they will do the math and find out they can drop the S9 down to 1.5BTC or something and sell a ton of them but for now they are fine with raking in the profits and by keeping the difficulty low on their hashnet to squeeze the last bit of profitability from their S7s until they are ready to flood the market with cheap S9s.


I just see the S9 following the same curve as the S7.  When Bitmain decides to start pricing them better and move volume, that will determine how much of a LOSS the current S9 owners get to enjoy!

well it works both ways.. the competitor doesnt want to start a war they prolly cant win.. Bitmain has proven in the past they are not to be messed with.. i may not agree with their tactics but this is a business.  I dont fault them for that.(something along the lines of dont hate the player hate the game blah blah blah) i guess its rather utopian to think we could help out one another.. crazy idea right.  but anyway if they gave it away not only would diff skyrocket the price of btc would prolly drop aswell.> I think they control more of btc than we think.  By keeping the price high they are also not giving a big fu to the initial buyers like they did with s7(but we have to look at the diff increase with s7 release. they had to drop or it wouldnt have sold at all.  going to be hard to see that again for a while.  my feeling is that the latest diff rise was the s9 being swapped while they sold s7 as newest tech).  I finally cracked and bought s9 for myself.>   Ill post soon my experience with batch 8 s9.  To me that seemed like the better buy.  wanted too much for the extra overclock and 1ths for me to jump on b9.  Anyway best of luck to all that hold out.  For me not buying any s7 playing hold out i thought it was finally time to jump in again.  I respect those that are holding out.  You are well disciplined! I do have to keep in mind tho this is all a gamble.  i wouldnt have ever gotten into this had it not been for the thought that we could take back some power for the people.  I still feel it will happen we just have a long road ahead. Welcome to the grind folks

Best Regards
d57heinz

Need a competitor to come along and the price of hardware will quickly be respectable.