Wow! Looks like this miner might actually ROI.
I guess the ones who got the first batch are at a huge advantage.
Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 328. (Read 531168 times)
June 12, 2016, 07:27:25 AM
June 11, 2016, 11:04:58 PM
Well June 12 in China, we should be getting shipping confirmations soon?
Well I was marked paid in the first hour of sales for batch 1 .
Now that coins went through the roof I am hoping they don't delay shipping for a few more days
IT is about 11:30 am in China the 12th of June.
My past shipping confirmations used to come in between 3-8 PM Beijing time although I never got one on a Sunday.
I am hoping they ship 11 pm tomorrow night. which is 11 am Monday for,them.
Most likely it will ship a little later then that. Maybe get noticed on Monday and it arrives on a wedsday
June 11, 2016, 11:00:27 PM
Well June 12 in China, we should be getting shipping confirmations soon?
Well I was marked paid in the first hour of sales for batch 1 .
Now that coins went through the roof I am hoping they don't delay shipping for a few more days
IT is about 11:30 am in China the 12th of June.
My past shipping confirmations used to come in between 3-8 PM Beijing time although I never got one on a Sunday.
June 11, 2016, 10:55:40 PM
Went grocery shopping with btc at $585, came back-it is at $624...whaaat?
checked b2-it is greyed out and price of btc is not adjusted there.
checked b2-it is greyed out and price of btc is not adjusted there.
Yeah I checked the price of the S7-LN and it's the same. $291 US BTC0.499
bitmaintech has failed to update btc price see below that is about 40 bucks too low.
now 50 usd a coin different!
June 11, 2016, 10:51:20 PM
Went grocery shopping with btc at $585, came back-it is at $624...whaaat?
checked b2-it is greyed out and price of btc is not adjusted there.
checked b2-it is greyed out and price of btc is not adjusted there.
Yeah I checked the price of the S7-LN and it's the same. $291 US BTC0.499
June 11, 2016, 10:37:14 PM
Well June 12 in China, we should be getting shipping confirmations soon?
Well I was marked paid in the first hour of sales for batch 1 .
Now that coins went through the roof I am hoping they don't delay shipping for a few more days
IT is about 11:30 am in China the 12th of June.
June 11, 2016, 10:04:31 PM
Went grocery shopping with btc at $585, came back-it is at $624...whaaat?
checked b2-it is greyed out and price of btc is not adjusted there.
checked b2-it is greyed out and price of btc is not adjusted there.
interesting... where to do groceries with BTC?
June 11, 2016, 09:07:04 PM
Went grocery shopping with btc at $585, came back-it is at $624...whaaat?
checked b2-it is greyed out and price of btc is not adjusted there.
checked b2-it is greyed out and price of btc is not adjusted there.
June 11, 2016, 07:14:06 PM
Well June 12 in China, we should be getting shipping confirmations soon?
June 11, 2016, 04:57:46 PM
...
If KnC liquidate their miners?? Yes & maybe negative growth
Are they going to liquidate their miners?? I think not,probably put them under another corp & keep em runnin,they have very cheap electricity if I remember correctly
If KnC liquidate their miners?? Yes & maybe negative growth
Are they going to liquidate their miners?? I think not,probably put them under another corp & keep em runnin,they have very cheap electricity if I remember correctly
Cheap electricity, in Sweden? Don't think so. Actually electricity fee was Knc's main excuse for bankruptcy ... as I remember ... long time ago
Didn't they have "dator halls" in Iceland though,land of geothermal,2 cent kwh lectricity
Sorry for the off topic
June 11, 2016, 11:19:00 AM
I want the Big Boy(Batch 1) back on sale!
June 11, 2016, 07:49:28 AM
Looks life batch 2 is sold or anyone have an idea of time for batch 3?
He is back on sale.
June 11, 2016, 07:05:57 AM
...
If KnC liquidate their miners?? Yes & maybe negative growth
Are they going to liquidate their miners?? I think not,probably put them under another corp & keep em runnin,they have very cheap electricity if I remember correctly
If KnC liquidate their miners?? Yes & maybe negative growth
Are they going to liquidate their miners?? I think not,probably put them under another corp & keep em runnin,they have very cheap electricity if I remember correctly
Cheap electricity, in Sweden? Don't think so. Actually electricity fee was Knc's main excuse for bankruptcy ... as I remember ... long time ago
June 11, 2016, 05:57:11 AM
Network growth will not slow because these things are money printing machines.
June 11, 2016, 03:45:41 AM
Unless price of BTC doubles in short order after halving ( http://www.bitcoinblockhalf.com/ ) of Block rewards early adopters are screwing themselves paying these initial asking prices for S9.
Curious to see what the S9 will be selling for in August.
Curious to see what the S9 will be selling for in August.
No technically everyone who buys this is screwing themselves, even if BTC price doubles. I think the doubling will happen (well 400>800) but the point is you'd be better off buying 3.4BTC and HODL rather than spend 3.4BTC to make 2.9BTC back in the future!
so buy and hold..
I did both I am holding coins . I am buying s-9's.
I will let you know which does better.
and once again all buy and hold predictions are wrong if this happens below.
Nov 05 2014 39,603,666,252 10.05% 283,494,086 GH/s coin price was 368
Oct 29 2015 62,253,982,450 2.25% 445,631,364 GH/s coin price was 295
so buying an sp20 on nov 5 2014 mining it for just under 1 year
vs buying a few coins on nov 5 2014 holding it for just under 1 year
If that happens you'll have 2.5 coins from this miner and I'll have 3.5 from holding. We both lose with price drop, but I lose less.
If you can't ROI in BTC there is absolutely no scenario where the miner is better than holding. You gain less on BTC rise and lose more on BTC drop.
And that's if your gear makes it a year. Remember, you've got all the risk of mining.
I would have a working miner in my case
diff would be 1.57 x 196 = 307
coins would be 460
so the miner would be viable as an earner 1 year from today
it would be earning .095 btc a diff adjustment at 10 cent power
it would be earning .11 btc a diff adjustment at 9 cent power
it would be earning .13 btc a diff adjustment at 8 cent power
so if growth drops to 1.9 % for a year like my example
which is did in my time frame
and if price drops 20% which it did in my example.
you would have a miner that does 13000th at 1300 watts a year from today and it would be a viable money earner .
So it would bitch slap your buy and hold idea. you are wrong in my example.. if you fail to see that and admit it. you life will always be that of unhappiness and bitterness because yu fail to see you are wrong some of the time.
I will say many cases that can happen that you would be correct about the s-9.
but not my example above.
Haha, unhappiness and bitterness. I like it.
My position has always been that you run ROI in BTC. If you can't ROI in BTC you hold.
You're right in that the example you provided would make for a viable miner. It is viable in that scenario because it ROIs in BTC. I've been waiting for someone to stop arguing about the logic of BTC ROI and simply put forth the scenario and math in which this miner could actually accomplish a BTC ROI.
Congratulations, you've done that.
Now the only question is, do you believe the network will slow down to 2% growth?
If KnC liquidate their miners?? Yes & maybe negative growth
Are they going to liquidate their miners?? I think not,probably put them under another corp & keep em runnin,they have very cheap electricity if I remember correctly
June 11, 2016, 03:18:54 AM
Looks life batch 2 is sold or anyone have an idea of time for batch 3?
June 10, 2016, 11:53:29 PM
I think the life of the s9 will be longer. We are catching up with technology and the 10nm chip is a ways down the road. The s7 lasted about 9 months if my memory is correct. The s9 should be much longer.
June 10, 2016, 11:26:57 PM
i read at cryptocompare the current rate of ROI with antminer S9 only 4month , i think after halving the rate of roi will be 8month right or not ?
i have plan to buy 1 after halving.
It should be less than double the time, but all factors considered it probably WILL take a couple more months to ROI. I don't think the price will compensate for the difficulty rising and halving of block rewards. Double? Probably not, but 1.3-1.5x longer to ROI? Probably. i have plan to buy 1 after halving.
June 10, 2016, 09:52:35 PM
Quote
So I purchased 3 s-9's (I have really low power cost) and I saved 5 coins. which is about an 11.5 to 5 coin ratio. and I have some cash 3k and a few eth miners 2k.
Gotta respect the diversification.
June 10, 2016, 08:15:45 PM
i read at cryptocompare the current rate of ROI with antminer S9 only 4month , i think after halving the rate of roi will be 8month right or not ?
i have plan to buy 1 after halving.
i have plan to buy 1 after halving.
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