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Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 305. (Read 531298 times)

legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

no i think it will pass 1000 by Dec 31 2016.

Here are my estimates:  $1800 in Aug-Sep and $3000 by the end of the year!

imho, after halving, a solo block would be worth over 20k USD, just my humble prediction.
legendary
Activity: 1260
Merit: 1006
Mine for a Bit
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

no i think it will pass 1000 by Dec 31 2016.

Here are my estimates:  $1800 in Aug-Sep and $3000 by the end of the year!
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

no i think it will pass 1000 by Dec 31 2016.
full member
Activity: 294
Merit: 100
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

why not?

now also price is constantly decreasing why is this happening before halving?

BTC is roller coaster..You never know what next..
member
Activity: 126
Merit: 10
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

why not?

now also price is constantly decreasing why is this happening before halving?
legendary
Activity: 4004
Merit: 4656
bitcoin price 586 do you think it will come up again to 700 or 800.... ?

why not?
member
Activity: 126
Merit: 10
bitcoin price 586 do you think it will come up again to 700 or 800.... ?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Finally got my Batch 3 today, almost lost it on UPS when it still hadn't shown up this afternoon, at last it arrived just as I'm sitting down to dinner  Angry

Runs beautifully, great numbers, got a massively irritating whining fan on it tho, fixed with a touch of duct tape and some furnace filter material Cheesy.

All things told it's really disheartening to see the price plummeting, I'm just ecstatic I bought this S9 with BTC when I did, if we have some low/negative difficulty numbers as a result of the price drop I'll just take the bad with the good.

Here's hoping it's an inverse head and shoulders scenario as some people have postulated.

It's starting to look like a "head, shoulders, and the rest of the body jumping off a cliff" scenario  Grin

S9 didn't hit my target of 2.5 BTC (well, it did except Bitmain didn't have it in stock) so I guess I'm gonna be out of mining for a little longer. More coins in my pocket - nothing wrong with that. If you grabbed it around 3 BTC you should be in fairly good shape.
full member
Activity: 140
Merit: 100
I mine because math
Finally got my Batch 3 today, almost lost it on UPS when it still hadn't shown up this afternoon, at last it arrived just as I'm sitting down to dinner  Angry

Runs beautifully, great numbers, got a massively irritating whining fan on it tho, fixed with a touch of duct tape and some furnace filter material Cheesy.

All things told it's really disheartening to see the price plummeting, I'm just ecstatic I bought this S9 with BTC when I did, if we have some low/negative difficulty numbers as a result of the price drop I'll just take the bad with the good.

Here's hoping it's an inverse head and shoulders scenario as some people have postulated.
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
http://cointelegraph.com/news/silk-road-related-auction-bitfinex-timeout-responsible-for-slide-in-bitcoin-price

A little bit of this, a little bit of that, and a lot of manipulative whales.  A very bitter recipe IMO.

the plus side to it is causing  a nice drop in the  hash rate





legendary
Activity: 1022
Merit: 1003
http://cointelegraph.com/news/silk-road-related-auction-bitfinex-timeout-responsible-for-slide-in-bitcoin-price

A little bit of this, a little bit of that, and a lot of manipulative whales.  A very bitter recipe IMO.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Right, but what's the cause? I'm really looking forward to getting back to rational stability instead of sitting around waiting to get hosed by speculators. Stability is good for a currency if it wants to actually be used as a currency instead of another random nonexistent traded asset for investors to jerk each other off with.
Think I also recall something about the Fed's this week selling off the last BTC they seized from SiklRoad. That would have been a sizeable amount methinks.
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
Right, but what's the cause? I'm really looking forward to getting back to rational stability instead of sitting around waiting to get hosed by speculators. Stability is good for a currency if it wants to actually be used as a currency instead of another random nonexistent traded asset for investors to jerk each other off with.
alh
legendary
Activity: 1850
Merit: 1055
Holy balls, you're right. Coin's down like $80 (a solid 12%) from looking at it last night. What's up?

If you can live your life entirely within the "Bitcoin Bubble", this is of no importance. For the other 99.9% folks that have to deal with actual fiat money, then I have but one word that you should never forget related to Bitcoin:

VOLATILE
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Holy balls, you're right. Coin's down like $80 (a solid 12%) from looking at it last night. What's up?
Pre-halving Pump & Dumpers at work?
Glad I sold a chunk of of BTC last week or so ago @ $695/BTC for me Birthday/vacation coming up in a couple weeks.

Also makes me feel a bit better about missing it of course rising to $785 a few days after I cashed in... Cheesy
legendary
Activity: 3416
Merit: 1865
Curmudgeonly hardware guy
Holy balls, you're right. Coin's down like $80 (a solid 12%) from looking at it last night. What's up?
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Damnit. Just checked with UPS and my B3 arriving on Thursday is tagged as
"United States 06/22/2016 7:12 A.M. The receiver must pay the duties or taxes due on the package."

Time to get on the horn with them...
legendary
Activity: 1726
Merit: 1018
I bought one B3 unit and noticed an exception from UPS. Apparently I owe $46.53 in duties. I'm in California.

I told UPS that I've bought similarly priced units from Bitmain before and never had to pay duties. The UPS service person told me that Bitmain must have paid the duties previously, but did not this time.

I know that Phil got hit up for duties too, but the thinking was that he had two units shipped at the same time (even if they were different orders). Maybe Bitmain is pushing the duty cost onto us now and didn't before?

Seems inconsistent to me. And very irritating...

Ask UPS what that amount consists of and what's the HTS code on the invoice. Either Bitmain messed something up or UPS is trying to monetize you. The amount sounds excessive. Bitmain never paid anything AFAIK, that's just somebody giving you a generic runaround.

I believe it is somewhat arbitrary.  The one time UPS wanted a fee from me was not the most expensive order I ever made.  As part of the rigamarole I went through to get an explanation (and eventually a refund) I provided old tracking numbers with shipments from bitmain for a greater dollar amount that had no fee attached.  I could practically hear the head-scratching over the phone.  Honestly I think they just wing it and sometimes they randomly decide to add a fee.  My S9 was more than $2000 USD and it had no fee.

EDIT: Wish I had bought another B3 while it was under 3 BTC now.  With BTC this far down I don't see myself buying any hardware for quite some time.
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
I bought one B3 unit and noticed an exception from UPS. Apparently I owe $46.53 in duties. I'm in California.

I told UPS that I've bought similarly priced units from Bitmain before and never had to pay duties. The UPS service person told me that Bitmain must have paid the duties previously, but did not this time.

I know that Phil got hit up for duties too, but the thinking was that he had two units shipped at the same time (even if they were different orders). Maybe Bitmain is pushing the duty cost onto us now and didn't before?

Seems inconsistent to me. And very irritating...

Ask UPS what that amount consists of and what's the HTS code on the invoice. Either Bitmain messed something up or UPS is trying to monetize you. The amount sounds excessive. Bitmain never paid anything AFAIK, that's just somebody giving you a generic runaround.


if you are under 2000 and the hts code is correct you are good.  

there is a gray zone between 2000 and 2500.

https://www.cbp.gov/trade/basic-import-export/internet-purchases

Courier Shipping: Goods shipped by courier, express, or other commercial service usually are expedited through CBP by a customs broker hired by that commercial service and then delivered seamlessly to your door. Customs brokers are not CBP employees. There are a number of different charges associated with these services, including shipping and handling, the fees charged by the service for clearing the merchandise through CBP, as well as any Customs duty and processing fees that may be owed on your importation.
Pluses: Get seamless delivery. All you have to do is sign for the package when it arrives. In most cases delivery is quick and reliable. When there's a problem, there is a tracking number that can help resolve the matter.

Pitfalls: Many people have found the various charges and fees levied to be higher than they expected, and sometimes exceed the cost of their purchase(s).

Buyers often have the misunderstanding that when the purchase price includes shipping and handling, all the costs associated with clearing the package through CBP are covered by the seller. They don't realize that brokers fees and CBP duties may be an additional charge that the buyer is responsible for.

Freight Shipping: Merchandise shipped by freight can arrive in the United States at an air, sea or land port. If your goods are being shipped by freight, you should ask the seller to instruct the freight company to forward them to your doorstep, which may entail the shipper's use of a customs broker to clear your goods. Alternatively, ask that the goods be forwarded to a port of entry near where you live so that you can clear or "enter" them yourself (advisable only if the shipment is under $2000 in value. See Formal Entry below.)
Pluses: Can be economical, particularly, if you're prepared to handle the logistics of clearing the goods through Customs yourself. Also, the best way to handle large bulky purchases.

Pitfall: If the freight company has not been instructed to forward your goods, they could end up sitting on the dock at the port where they first entered the country.

Heads-Up

U.S. Customs and Border Protection does not inform importers of the arrival of cargo or freight. When cargo or freight arrives at a U.S. port of entry, it is the responsibility of the shipper or a designated agent to inform the importer of its arrival. However, proper notification does not always happen, particularly, if the shipper has incomplete contact information for you, the importer. Therefore, it is important to find out the scheduled arrival date of your import and follow-up.

...

Informal Entries: If the value of your purchase(s) is less than $2500 and your goods are being shipped by mail or freight, they may, in most cases, be imported as an informal entry. However, there are exceptions to this. For instance, if the importation is determined to be for commercial purposes, the value limit for filing an informal entry for many textile items is either $250 or $0 - depending on whether or not the item is subject to Quota (see below). Clearing goods through CBP as an informal entry is less arduous a process than clearing them by filing a formal entry. Essentially, when goods are cleared as an informal entry, CBP will prepare the paperwork, including determining the classification number and duty rate for your merchandise.
The duty rate for many items typically bought in an on-line auction is zero, however, CBP may charge a small processing fee for mail imports that do require the payment of duty.


If your goods are sent by a courier or express service, their brokers will usually handle the paperwork, and bill you for their services. If your goods are being shipped by freight, and you want to clear them through CBP yourself, be sure the shipping company has instructions to deliver them to a port near you. Otherwise, you will need to arrange for someone else to clear the goods for you when they arrive. Your alternative is to ask the seller to make arrangements to have your goods forwarded to your door, in which case you should expect to pay for the services of the customs broker who coordinates this when your goods arrive in the U.S.A.




I have a background in accounting.  Looks to me that all this gear is subject to tax since miners are for making money thus may be pushed into the commercial number of 250 not 2500.


i will need to see if  the paperwork was fucked up on bitmaintech's end or if we will need to pay.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
I bought one B3 unit and noticed an exception from UPS. Apparently I owe $46.53 in duties. I'm in California.

I told UPS that I've bought similarly priced units from Bitmain before and never had to pay duties. The UPS service person told me that Bitmain must have paid the duties previously, but did not this time.

I know that Phil got hit up for duties too, but the thinking was that he had two units shipped at the same time (even if they were different orders). Maybe Bitmain is pushing the duty cost onto us now and didn't before?

Seems inconsistent to me. And very irritating...

Ask UPS what that amount consists of and what's the HTS code on the invoice. Either Bitmain messed something up or UPS is trying to monetize you. The amount sounds excessive. Bitmain never paid anything AFAIK, that's just somebody giving you a generic runaround.
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