Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 348.

gbBit

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Activity: 84

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Quote from: micairvas on June 01, 2016, 04:25:51 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%...

It really depends on what you think will happen and nobody knows until afterwards. I thought difficulty would decrease or at least stabilized after halving since rewards would be halved and people would start to shut miners down. But if more efficient miners come out it looks like difficulty will continue to push up.

To mod: sorry I know this goes in the speculation forum.

gbBit

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Activity: 84

Merit: 10

Quote from: abokhalel2 on June 01, 2016, 01:33:01 AM

The s9 seems over priced. To put this into perspective, let us compare S7 with S9. let say the aim is 14TH
1 S9 = $2100
1 Power Supply (from Bitmain) = $140
Shipping to the US (Fedex) = $75
Total = $2315

To get the same hash rate with S7, we need 3 S7s, 4.73 x 3 = 14.2TH
3 S7s = $1320 ($420 each)
3 power supplies = $420 ($140 each)
Shipping to the US = $140
Total = $1880

The difference is $435. If you think the space and efficiency worth the difference, go ahead and buy it. If not, (let say, you have a very cheap electricity, and plenty of space), S7 is a better option. If you ask me, I would say don't buy any of them. just wait until halving, the price will be more reasonable, and you can evaluate your investment better!

I think they understand the pricing pretty well here. The price of electricity has been established around $60/month. Considering 2 less minor this bring the price to 3~4 months. Everything is set for a ROI of around 3~4 months from now. But one thing is for certain, once these things get out into the public we can expect to see difficultly to start increasing by 20% again. Angry

I was really hoping with halving people were going to start turning their miners off and difficulty would stabilize, but it looks like technology will continue to push difficulty up even after halving.

micairvas

full member

Activity: 303

Merit: 105

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%...

jekecoin

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Activity: 427

Merit: 250

ANother monster hit the market Sad

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: vortexz on June 01, 2016, 02:13:51 AM

crazy be the ones who buy the S9 at this price with halving coming in 1 month!
it would barely ROI without the halving ...

1 used KNC Titan mining at 325mh (less the 350mh max possible w/all working dies) at 1,250 watts and 14c kwh and $4.57 LTC gets you

using this 'open' calculator (you don't have to be part of litecoinpool to use it)

www.litecoinpool.calc

30 days 102.08649902 LTC 466.54 USD Total 126.00 USD Electric 340.54 USD Profit after Electric

and that is for a USED machine. Converted to BTC that is at current $533 usd that is 0.6389118198874296 btc per month AFTER ELECTRIC.

Not bad for 20 month machines out there in some cases. NOT sure how this would figure on the price to buy a used Titan (if you can find one ..ie Unicorn Hunt)

but much better then this S9 especially at my 14c kwh rate (shudder). Also this depends on the speed of your used titan depending on the hash speed you can get.

So not only does it not work as well as 3 S7's it sure does not work with a Titan unit ..even used at 2.5k to 3k imho....just saying

vortexz

legendary

Activity: 1120

Merit: 1001

crazy be the ones who buy the S9 at this price with halving coming in 1 month!
it would barely ROI without the halving ...

Next BillG

sr. member

Activity: 431

Merit: 250

Quote from: Xircom on May 31, 2016, 06:52:59 AM

Holy Moses, they did it again.
Only problem is ROI with that price tag. We are looking at more than 140 days.

I have the same thoughts. The power consumption and the efficiency is very good. But the price is too high.

Mr.paul

newbie

Activity: 21

Merit: 0

Quote from: alienesb on May 31, 2016, 11:32:54 PM

You guys got me on batch one s7. Never again.

me too...

abokhalel2

member

Activity: 233

Merit: 10

The s9 seems over priced. To put this into perspective, let us compare S7 with S9. let say the aim is 14TH
1 S9 = $2100
1 Power Supply (from Bitmain) = $140
Shipping to the US (Fedex) = $75
Total = $2315

To get the same hash rate with S7, we need 3 S7s, 4.73 x 3 = 14.2TH
3 S7s = $1320 ($420 each)
3 power supplies = $420 ($140 each)
Shipping to the US = $140
Total = $1880

The difference is $435. If you think the space and efficiency worth the difference, go ahead and buy it. If not, (let say, you have a very cheap electricity, and plenty of space), S7 is a better option. If you ask me, I would say don't buy any of them. just wait until halving, the price will be more reasonable, and you can evaluate your investment better!

abokhalel2

member

Activity: 233

Merit: 10

Nice Specs, Congratulations Bitmain!

Like others, I will just wait until halving, and then reconsider.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Mr. Kashif on May 31, 2016, 11:32:26 PM

Hahhahahaha! $2100. BITMAIN must be feeling like top of the world right now to quote a price like this.

Well it all looks good on the www.tradeblock.com calculator on all this 7 months to ROI etc etc

er WAIT....THE HAVLING IS COMING IN 1 MONTH

oops...don't look so goo now (*unless counting on a corresponding btc price rise)

so er NOPE not with a 90 day warranty ..halving coming up and 14c kwh ..I'll stick to the KNC Titans....(assuming I ever find any for sale again)

alienesb

hero member

Activity: 868

Merit: 1000

You guys got me on batch one s7. Never again.

Mr. Kashif

member

Activity: 99

Merit: 10

Hahhahahaha! $2100. BITMAIN must be feeling like top of the world right now to quote a price like this.

CarrollFilms

full member

Activity: 156

Merit: 100

Can I eat a Bitcoin?

I like the hash rate, but that price though...Give it a few months and it'll drop in price.

Meech

hero member

Activity: 924

Merit: 1000

Nice! Impressive specs. which equate to timing of release. So you may be close to roi by or just after halving but what then. Who doesn't want one? I think it still might be more viable to by btc now and hold.
The otherside of the coin is if btc jumps in price at halving this is the only miner to have.
Still, good job again seeing this through to completion as always.

BitTraderCute

full member

Activity: 899

Merit: 101

it's very effisient, but im not sure we can take ROI in 1year Sad

philipma1957

legendary

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Merit: 8551

'The right to privacy matters'

Quote from: Swimmer63 on May 31, 2016, 07:08:23 PM

Quote from: philipma1957 on May 31, 2016, 06:24:58 PM

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.

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.

over the last 2 years this has happened 5 or 6 times to me.

I had trouble getting coins setup for the second unit first one was easier.

Swimmer63

legendary

Activity: 1593

Merit: 1004

Quote from: philipma1957 on May 31, 2016, 06:24:58 PM

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.

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.

zoggie

newbie

Activity: 25

Merit: 0

If you think the price is good, buy an s9. (imho $1200 is realistic)

If you speculate the price of BTC will rise before the halving, buy BTC.

If you are sitting on the fence unsure but in the future know you want s9's and need to spend funds then buy hardware for them in advance. ie. power supplies etc and wait a month or two.

Unacceptable

legendary

Activity: 2212

Merit: 1001

Quote from: scyth3 on May 31, 2016, 01:22:57 PM

When will Bitfury announce their bankruptcy?

In "2 weeks™" Cheesy

Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 348. (Read 531164 times)