Unfortunately arguing price will of course go nowhere. They are selling out old S7's, S7n's, and PSU's and selling the S9 parallel with them setting them up in their own data-center. Considering their cheap (zero cost?) power they simply calculate their own break even, and price it to consumers at margin on top of that.
I don't think you are right. Few months ago Bitmain dropped the S5 or S7 price after many users complained about it. 
Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 347. (Read 531164 times)
June 01, 2016, 10:44:54 AM
June 01, 2016, 10:10:26 AM
Unfortunately arguing price will of course go nowhere. They are selling out old S7's, S7n's, and PSU's and selling the S9 parallel with them setting them up in their own data-center. Considering their cheap (zero cost?) power they simply calculate their own break even, and price it to consumers at margin on top of that.
June 01, 2016, 10:07:43 AM
I don't think the difficulty will go down either.
The old gear like S2,S3 maybe accounts for like 5% of the total network hashrate. Most mega farms probably have S7 and won't turn off.
The old gear like S2,S3 maybe accounts for like 5% of the total network hashrate. Most mega farms probably have S7 and won't turn off.
June 01, 2016, 10:01:54 AM
A roomful of S3 chewing 10kW is now only the size of one at 13% power requirement. Just when I'm starting to get cozy with S7 prices the difficulty would skyrocket... again. Sigh...
June 01, 2016, 09:52:40 AM
Why should diff rise after the halving ?
I think that many of the miners turned off, if the BTC price stays the same or decreases.
I think that many of the miners turned off, if the BTC price stays the same or decreases.
Same thoughts here! Many old running S3 + S5 are going to be shut-down after the halving and the diff will stay or decrease a little for some time. Hopefully the bitcoin price keeps on rising instead!
However, as people begin replacing S7's with S9's, those S7's will be sold to people turning off S3/S5...
That I have found to be a good thing for miners. It allows me with my regular electricity to sell my previous gen gear, and hopefully add some extra ROI. Then upgrade to the latest miner.
But I think it is great how there is a market for used gear. Also on a lot of sites it seems Bitmain/Antminer get a lot of searches on secondary sales which again is good for selling your old gear.
June 01, 2016, 09:33:12 AM
Why should diff rise after the halving ?
I think that many of the miners turned off, if the BTC price stays the same or decreases.
I think that many of the miners turned off, if the BTC price stays the same or decreases.
Same thoughts here! Many old running S3 + S5 are going to be shut-down after the halving and the diff will stay or decrease a little for some time. Hopefully the bitcoin price keeps on rising instead!
However, as people begin replacing S7's with S9's, those S7's will be sold to people turning off S3/S5...
June 01, 2016, 09:10:23 AM
Why should diff rise after the halving ?
I think that many of the miners turned off, if the BTC price stays the same or decreases.
I think that many of the miners turned off, if the BTC price stays the same or decreases.
Same thoughts here! Many old running S3 + S5 are going to be shut-down after the halving and the diff will stay or decrease a little for some time. Hopefully the bitcoin price keeps on rising instead!
June 01, 2016, 08:57:04 AM
Buying a S9 is obviously a gamble.
In for a penny, in for a pound ?
In for a penny, in for a pound ?
June 01, 2016, 08:35:01 AM
Nice Specs, Congratulations Bitmain. I don't think it will reach ROI at this price.
Like others, I will just wait until halving, and then reconsider.
Like others, I will just wait until halving, and then reconsider.
after the halving, the price of this unit will be around $ 1000
i agree with you, just wait and then reconsider, but even with a price of $1000 i am not sure it will roi after halving.
June 01, 2016, 08:31:00 AM
Pretty similar, yet still worse. You will literally hit the halving just as you start mining with these. Then the diff will skyrocket and make it even more pointless.
Why should diff rise after the halving ?
I think that many of the miners turned off, if the BTC price stays the same or decreases.
Bitmain mining with this (S9 blades) type miners already long ago.
Patch1 sales not affect difficulty very much. This is a small amount of very expensive and highly effective miners for home users.
What is important , what happens to with the all old miners. Turned off or still mining .
I think it turned out the majority of S3 and S5 and very cheaply sold a lot S7 in the whole world.
Do Bitmain will sell S7 upgrade KIT? This is the big question.
S9 Dimensions: 350mm(L)*135mm(W)*158mm(H)
S7 Dimensions: 301mm(L)*123mm(W)*155mm(H)
As shown, the S9 is longer
So I think , no upgrade KIT for S7
June 01, 2016, 07:43:43 AM
I saw the price, and then i laughed.
Remembers me the days Bitmain announces the S7...deja vu? Nine months from now you can buy them for less than 500$.Pretty similar, yet still worse. You will literally hit the halving just as you start mining with these. Then the diff will skyrocket and make it even more pointless.
June 01, 2016, 07:41:53 AM
I saw the price, and then i laughed.
Remembers me the days Bitmain announces the S7...deja vu? Nine months from now you can buy them for less than 500$. June 01, 2016, 07:19:38 AM
I saw the price, and then i laughed.
You'll get it just in time for the halving, and then you'll be lucky to make 300$ per month with it. 1 Year ROI? No thanks.
You'll get it just in time for the halving, and then you'll be lucky to make 300$ per month with it. 1 Year ROI? No thanks.
June 01, 2016, 07:00:24 AM
WWWwwwwooooowwwwwWWW
It's the greatest machine ever!
It's the greatest machine ever!
June 01, 2016, 06:57:44 AM
The situation is quite similar to that we experienced september 2015 when S7 arrived, (halving perspective excluded).
I 'm curious to know if a lot of people who pay their electricity >= $ 0.1 / KWh won something with their S7 ?
I 'm curious to know if a lot of people who pay their electricity >= $ 0.1 / KWh won something with their S7 ?
Yes. I bought many of my S7 with USD . With VAT 2100-2300 USD
I sold BTC at 475 EURO last month. Do Batch1/3/5 machine earned a profit of 4.5 BTC after electricity ? Yes.
I bought my 5x S9 with BTC because I think that the BTC price will fall after halving or before.
S9 miner owners do not need a high BTC price, they require low Bitcoin Difficulty: and Network Hashrate.
To compensate for this I bought 5x S9 with USD from friend's account.
When I put them to work I have to sell my S7, because I have no more power.
If You want good and cheap S7 from EU, please click here
June 01, 2016, 06:38:20 AM
okay I did a second order paid it and it is marked not paid expired.
https://blockchain.info/tx/19bc78bb91eec02a46cc91bd5c9d63f618a0ec26ae675811b61337c8be5feefa
first order is marked paid.
https://blockchain.info/tx/7e5239e1e64a53c5fa39aa4fa3a475460fb6dafeb6c0b9e34e5c80f5d644559d
so this does happen and it is late in China but I hope they fix this sooner rather then later.
https://blockchain.info/tx/19bc78bb91eec02a46cc91bd5c9d63f618a0ec26ae675811b61337c8be5feefa
first order is marked paid.
https://blockchain.info/tx/7e5239e1e64a53c5fa39aa4fa3a475460fb6dafeb6c0b9e34e5c80f5d644559d
so this does happen and it is late in China but I hope they fix this sooner rather then later.
This happened to me. I paid within 7 minutes of my order. It showed expired for about 3 hours. During that time I flamed them with emails and support tickets. They did not respond to any of those, but I did get a "Paid" email confirmation about 6 hours later. 21:00 GMT.
As of now, I still have a paid order that has been marked as expired for over 12 hours. I am surprised they haven't fixed it during their claimed office hours of 9am-6pm Beijing time.
June 01, 2016, 06:09:20 AM
The situation is quite similar to that we experienced september 2015 when S7 arrived, (halving perspective excluded).
I 'm curious to know if a lot of people who pay their electricity >= $ 0.1 / KWh won something with their S7 ?
I 'm curious to know if a lot of people who pay their electricity >= $ 0.1 / KWh won something with their S7 ?
June 01, 2016, 06:05:08 AM
Nice Specs, Congratulations Bitmain. I don't think it will reach ROI at this price.
Like others, I will just wait until halving, and then reconsider.
Like others, I will just wait until halving, and then reconsider.
after the halving, the price of this unit will be around $ 1000
i agree with you, just wait and then reconsider, but even with a price of $1000 i am not sure it will roi after halving.
June 01, 2016, 05:09:27 AM
Nice Specs, Congratulations Bitmain. I don't think it will reach ROI at this price.
Like others, I will just wait until halving, and then reconsider.
Like others, I will just wait until halving, and then reconsider.
June 01, 2016, 04:51:38 AM
Guys I have some questions, halving comes for about 40 days. Is that mean, that if we say that difficult not going up and If I earn currently 500 usd monthly, earnings will be 250 usd after halving? Or that is not exact situation? I ask this because when LTC halved earnings wasn't halved, they reduced for about 25%...
Yes. The earning will be $250 after the halving. I also think the difficulty will keep on rising after the halving due to the new S9.
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