Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 326.

citronick

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Activity: 1834

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---- winter*juvia -----

Quote from: JaredKaragen on June 13, 2016, 07:53:50 AM

Quote from: citronick on June 13, 2016, 03:48:36 AM

Meanwhile DHL send me a text, to sign off S9 when they deliver to my door steps in 24 hours....

Im in for your review.... And if you can get some video of its sound levels if at all possible. Im wondering Which would win, a S7 or a S9 in a DB contest XD

I maxed out of amps -- this unit is going to go to a hosted DC - I may have to offline my ETH rigs for awhile to test - I will play by ear because both coins are rising to unprecedented levels now..... BTC $707 and ETH $16.9....

eretron

full member

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It should be same, since it is same power usage, so i guess same heat generation...

JaredKaragen

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My AR-15 ID's itself as a toaster. Want breakfast?

Quote from: citronick on June 13, 2016, 03:48:36 AM

Meanwhile DHL send me a text, to sign off S9 when they deliver to my door steps in 24 hours....

Im in for your review.... And if you can get some video of its sound levels if at all possible. Im wondering Which would win, a S7 or a S9 in a DB contest XD

philipma1957

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Activity: 4256

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'The right to privacy matters'

Quote from: craslovell on June 13, 2016, 07:28:34 AM

Anyone know the numbers produced for the first two batches?

https://bitcointalksearch.org/topic/m.15178681

https://bitcointalksearch.org/topic/m.15182190

392 batch 1

228 batch 2

but you can do more work on it if you want as there was a very big 4800 coin payment which may be an internal bitmaintech transfer or a 1200 unit purchase.

so 600 to 1800

MoneyJ

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GoMeat - Digitalizing Meat Stores - ICO

Is this gonna be as productive if bitcoin halves?

craslovell

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Anyone know the numbers produced for the first two batches?

alienesb

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Quote from: kodokbuduk on June 13, 2016, 07:19:05 AM

what?! S9 sold out again...

Yep and at this price we're going to see some big jumps in difficulty.

kodokbuduk

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what?! S9 sold out again...

philipma1957

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'The right to privacy matters'

Quote from: QuintLeo on June 13, 2016, 02:56:56 AM

Quote from: soyab0007 on June 12, 2016, 02:48:59 PM

Why mining is not profitable after halving?

What can be the exact reason?

It CAN still be profitable, but older less efficient gear probably won't be.

Income will be cut in half (give or take difficulty shift) but the COST of the electric to run the miner won't change. Comes down, as usual, to how cheap your electric is - if it's cheap enough, S7s and Avalon 6s will still be (barely) profitable, S9s should be solidly profitable but will lose well over half their profit, and anything older than an S7 will probably turn into a serious moneyLOSER even if it's break-even or a little better right now.

"The halfing" refers to the fact that somewhere in July, block 400,000 *IF* I remember correctly, the block rewards gets cut in half from the current 25BTC per block to 12.5 BTC per block.
THAT is why "the halfing" is going to have a massive negative effect on Bitcoin profitability.

Bitcoin price rise before then MIGHT mitigate the effects enough that even some older gear on low-cost electric will still be profitable, but EVERYONE is going to take a serious hit to their profitability.

Bitmain seems to normally adjust their BTC price once a day - WHEN they aren't on "Dragon boat festival" holiday.

block 420001 I think

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Quote from: QuintLeo on June 13, 2016, 02:56:56 AM

Quote from: soyab0007 on June 12, 2016, 02:48:59 PM

Why mining is not profitable after halving?

What can be the exact reason?

It CAN still be profitable, but older less efficient gear probably won't be.

Income will be cut in half (give or take difficulty shift) but the COST of the electric to run the miner won't change. Comes down, as usual, to how cheap your electric is - if it's cheap enough, S7s and Avalon 6s will still be (barely) profitable, S9s should be solidly profitable but will lose well over half their profit, and anything older than an S7 will probably turn into a serious moneyLOSER even if it's break-even or a little better right now.

"The halfing" refers to the fact that somewhere in July, block 400,000 *IF* I remember correctly, the block rewards gets cut in half from the current 25BTC per block to 12.5 BTC per block.
THAT is why "the halfing" is going to have a massive negative effect on Bitcoin profitability.

Bitcoin price rise before then MIGHT mitigate the effects enough that even some older gear on low-cost electric will still be profitable, but EVERYONE is going to take a serious hit to their profitability.

Bitmain seems to normally adjust their BTC price once a day - WHEN they aren't on "Dragon boat festival" holiday.

It will be profitable:
1. find a cheap or zero electricity
2. BTC price rises to a reasonable level
3. Supply of S9 is good (ie. not limited)

Meanwhile DHL send me a text, to sign off S9 when they deliver to my door steps in 24 hours....

QuintLeo

legendary

Activity: 1498

Merit: 1030

Quote from: soyab0007 on June 12, 2016, 02:48:59 PM

Why mining is not profitable after halving?

What can be the exact reason?

It CAN still be profitable, but older less efficient gear probably won't be.

Income will be cut in half (give or take difficulty shift) but the COST of the electric to run the miner won't change. Comes down, as usual, to how cheap your electric is - if it's cheap enough, S7s and Avalon 6s will still be (barely) profitable, S9s should be solidly profitable but will lose well over half their profit, and anything older than an S7 will probably turn into a serious moneyLOSER even if it's break-even or a little better right now.

"The halfing" refers to the fact that somewhere in July, block 400,000 *IF* I remember correctly, the block rewards gets cut in half from the current 25BTC per block to 12.5 BTC per block.
THAT is why "the halfing" is going to have a massive negative effect on Bitcoin profitability.

Bitcoin price rise before then MIGHT mitigate the effects enough that even some older gear on low-cost electric will still be profitable, but EVERYONE is going to take a serious hit to their profitability.

Bitmain seems to normally adjust their BTC price once a day - WHEN they aren't on "Dragon boat festival" holiday.

craslovell

legendary

Activity: 1470

Merit: 1021

I'd love to buy a shiny new S9 Grin

but as others have stated why jump it before the halving? Price tag is a little high. It's probable the S9 will drop in price over the next few months anyway unless difficulty and btc price have something to say otherwise....

Either way, nice work Bitmain. You've outdone yourselves on this one.

babycicak

member

Activity: 81

Merit: 10

Selling again ..

ANTMINER S9-B2 with 12.93T
Speed: 12.93TH/S
Weight: 5.5 kg
Price: 1985 USD
( 2.927 BTC )

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: HagssFIN on June 12, 2016, 05:58:16 PM

Just bought one S9, Batch 2 as well, and after that it wen't grey again.

it is still 0.6-0.7 btc overpriced.
0.65btc/S7 X2.72 (difference in hashing)=1.77 BTC.
Add 30% for better efficiency, 2.3 btc would be fair right now, much less after halving, of course.

HagssFIN

legendary

Activity: 2464

Merit: 1710

Electrical engineer. Mining since 2014.

Just bought one S9, Batch 2 as well, and after that it wen't grey again.

ATCkit

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Quote from: philipma1957 on June 12, 2016, 01:56:21 PM

Quote from: Biodom on June 12, 2016, 12:56:15 PM

Quote from: d57heinz on June 12, 2016, 11:09:10 AM

Looking at the monthly charts. It' appears we could be nearing the 5 th leg. Watch close for sure:)

Best Regards
D57heinz

we were building an ascending triangle since last October (8 mo or so). This upmove is the breakout out of that triangle, so i don't know about wave count. We very well might correct here, who knows. Back in late april, i bought a few coins for an upcoming S9 purchase. S9 turned out to be overpriced in btc by 2X of what i was expecting (although I was projecting a ~10th miner, so less than 2X considering that it was 13-14Th), so i kept the coins for a nice gains so far.

Maybe in two mo i will be able to buy two S9 for these btc, as i was expecting in the first place.

EDIT: That said, those who will start mining on S9 from this Tue-Wed will enjoy the most $$ profitability (mining reward vs cost) we have seen in the last 3 years. Too bad it will last only a bit less than four weeks at this level. At current btc value I calculate $693 in revenue until halving per ea machine with $80-95 in electrical costs (at 8-10c/kwh).

I have 2 on tues maybe weds

Nice. Looking forward to the first reviews on the S9.

Biodom

legendary

Activity: 3892

Merit: 4331

I don't know whose fault it is, bitpay or bitmain, but their price is seriously lagging the actual price (666 on bitstamp or 671 on coinbase).
People with basic web programming skills should be able to connect a realtime price indicator to the website, I assume.
Right now, people would basically pay extra $50.

EDIT: they adjusted immediately after my post. Someone is reading this forum in real time, LOL...and few seconds later they greyed it out.

EDIT2: now there are some news from EU that explains the sudden surge in btc price (hint-something failed)

sidehack

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Curmudgeonly hardware guy

Quote from: soyab0007 on June 12, 2016, 02:48:59 PM

halving

the exact reason

Swimmer63

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Activity: 1593

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One on Tuesday direct to SEG Mining. I won't get to see it, but it will be hashing for me. Electricity / Hosting too expensive in AZ.

soyab0007

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Activity: 560

Merit: 500

Why mining is not profitable after halving?

What can be the exact reason?

Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 326. (Read 531168 times)