Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 350.

GMPoison

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Quote from: Biodom on May 31, 2016, 11:23:09 AM

They might be well advised to release the Lite version sooner than later (with or without 1000W PSU on top)
That could be a 6.7 Th machine for $700 or so
It would make sense (at least structurally, not sure price wise).

I'm sure in the following months the price will come down drastically. I'm so hyped for the halving, so long as the price rises along with the difficulty, miners are still good to go. This thing is CRAZY efficient. I'm just dying to know what will happen a month from now.

Biodom

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They might be well advised to release the Lite version sooner than later (with or without 1000W PSU on top)
That could be a 6.7 Th machine for $700 or so
It would make sense (at least structurally, not sure price wise).

GMPoison

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Activity: 434

Merit: 250

Quote from: HerbPean on May 31, 2016, 10:57:40 AM

I also still have a negative feeling about my 2 S7 Batch 1 I bought back in time.

Since the ROI looks like to be in the same boat.

Going to pass on that for now, until halving then I will reconsider.

Definitely. I literally cannot wait for the halving. A month or so after as the dust settles will decide the fate of a lot of miners. I'm praying the price rises like it should to keep mining profitable. Because if mining doesn't die with the halving, this S9 is going to make people a LOT of money.

notlist3d

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Well done that is a heck of a increase in efficiency. I also really like that it looks like SD slot on it. Will it run on SD like S4/C1's did? Or is it just for recovery?

Can't wait to see these hitting the streets.

HerbPean

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I also still have a negative feeling about my 2 S7 Batch 1 I bought back in time.

Since the ROI looks like to be in the same boat.

Going to pass on that for now, until halving then I will reconsider.

newguy05

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Activity: 1316

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Someone is sitting in the shade today...

Quote from: edonkey on May 31, 2016, 08:58:59 AM

I would have been much better off just buying BTC.

That's the truth.

adaseb

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Quote from: not.you on May 31, 2016, 10:36:45 AM

Quote from: ?? on ??

Quote from: edonkey on May 31, 2016, 08:58:59 AM

I would have been much better off just buying BTC.

Has this mantra really changed since the S7's though ? I thought the S5's were the last (barely) profitable offerings for home miners.

S5's were much more than barely profitable for me. I got almost 200% profit. In fact before the S7's I made profit on every model of antminer I bought. With the huge price drops on S7's after a couple months (and even more so with the rise in BTC\USD) I have been in the position of needing more to break even then I can even sell them for. Looks like the S7's are the first money loser since BFL for me.

With the price on these S9's and the halving coming up very soon, looks like a repeat. But even worse it looks like it really puts the nail in the coffin on the S7 ROI. Some people will still buy these at this price and bitmain will start mining with them no matter what so diff is going up a lot very soon.

Yeah I did an analysis of the 2015 miners and the most profitable (if free electricity) were the Avalon 4.1, SP20, and Antminer S5 in that order.
The S5 was Bitmains most profitable miner ever released.

https://bitcointalksearch.org/topic/lifetime-hardware-roi-profits-for-all-bitcoin-mining-hardware-1477198

Probably the S9 won't ROI 300% in a year and a half like those miners.

not.you

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Quote from: ?? on ??

Quote from: edonkey on May 31, 2016, 08:58:59 AM

I would have been much better off just buying BTC.

Has this mantra really changed since the S7's though ? I thought the S5's were the last (barely) profitable offerings for home miners.

S5's were much more than barely profitable for me. I got almost 200% profit. In fact before the S7's I made profit on every model of antminer I bought. With the huge price drops on S7's after a couple months (and even more so with the rise in BTC\USD) I have been in the position of needing more to break even then I can even sell them for. Looks like the S7's are the first money loser since BFL for me.

With the price on these S9's and the halving coming up very soon, looks like a repeat. But even worse it looks like it really puts the nail in the coffin on the S7 ROI. Some people will still buy these at this price and bitmain will start mining with them no matter what so diff is going up a lot very soon.

goxed

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Activity: 1946

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Bitcoin / Crypto mining Hardware.

~2.5X efficiency in the same S7 form-factor. This is clearly a winner in terms of efficiency. Bitfury 16nm is still vaporware Wink

dogie

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dogiecoin.com

Quote from: adaseb on May 31, 2016, 10:26:19 AM

So how will this affect the second hand market for the Antminer S7? Avalon 6 ?

As always, those miners will head to homes where electricity prices are lower, giving those buyers the best return for their $ invested.

fr4nkthetank

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Now the money is free, and so the people will be

well...there goes the difficulty

At least we know for sure the reason for the recent spikes.... The good thing is that this is a major improvement over the s7. I'll probably buy (maybe) AFTER the halving....my guess is price will be down by then to something reasonable, and the diff curve should be flat...er

adaseb

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So how will this affect the second hand market for the Antminer S7? Avalon 6 ?

Swimmer63

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Incredibly speculative. But what a miner. Here goes nothing. Ordering one and selling selling 4 S7's to partially make up for it.

el_rlee

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Boom, baby!
I like the Bitmain style! Btw, I guess this chips are made by TSMC, so why can they do it if Bitfury can't?

GMPoison

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Activity: 434

Merit: 250

I think I - like many others - am going to wait until the halving to decide whether to invest or not. By then we'll know what has come from the halving, what it does to the price and what it does to the difficulty. The price might also have dropped on the S9 by then. Besides all that though, I don't have the funds at the moment Cheesy

crairezx20

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Looks like good bye to my avalon but the problem is antminer s9 is pretty high price and many people are saying that its not worth it to buy its not profitable.. difficulty still the same as before ..

Biodom

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Quote from: philipma1957 on May 31, 2016, 09:15:11 AM

Quote from: sloopy on May 31, 2016, 07:32:49 AM

Here goes nothing...
(Remembering Batch 1 of the S7 eh Phil?)
It's just money, right?

well they did finally pay me the compensation. Roll Eyes

Which is why I got this one.

So effectively I was paid 150 in btc on may 1 which turned into 200 now.

I sincerely thought they would not ever send the money to me.

So I am paying 200 less then normal on this. Grin

The solar array will move from 22th to 36th.

Maybe I will sell a pair of avalons to off set the cost of this a bit.

rebate is separate money from a new purchase in my book.
see my post re profitability of this machine.
It could be very profitable in $$ if bitcoin goes to 1100, but then I can just buy btc (which I am not doing either).
One positive-since they are trying to support the price by still selling S7, then S7 could still be $400 by halving (good for resell).

spazzdla

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Activity: 1722

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Quote from: ?? on ??

nominal power consumption of 1375 watts*.

TL;DR Fuck home miners.

I guess Ethereum is where I focus now.

Perhaps they will make an S9-N .. *shrugs*. IMO after 800Watts it's to much draw on one home circuit..

I would prefer 200w though.

Biodom

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Activity: 3892

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Why would they want to force people to buy their PSU? I could care less for it.
I maintain that they would have sold more if they focused on typical US residential limits.

As far as profitability is concerned, others already posted.
Basically, most calculators don't adjust for halving.
What i did was to input original numbers into vnbitcoin, then get revenue until July 15 (I know that it would be 10, but calculator did not had that range).
That revenue until July 15 is $673 with 8.9c power.
Subtracting $673 from $2100 yields $1427; add $50 shipping=$1477
Then redo calculation and in order to simulate halving, just input 7th instead of 14th, 1400W (at the wall)
What you will get is infinity with $400 deficit in June 2017.
You could be bailed out by btc price, but btc just spiked, so how much more up can it go (short term)?
I would not even buy coin here.

HagssFIN

legendary

Activity: 2464

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Electrical engineer. Mining since 2014.

I have a whole army of miners doing the same hash that this S9 can now do Shocked

Nice.

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