S9 March batch is shipping!!
My Feb Batch isn't shipped??
got the notification yesterday, was surprised!
Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 42. (Read 531164 times)
February 05, 2018, 03:53:09 AM
My Feb Batch isn't shipped??
got the notification yesterday, was surprised!
February 05, 2018, 03:49:34 AM
S9 March batch is shipping!!
My Feb Batch isn't shipped??
February 05, 2018, 03:39:45 AM
S9 March batch is shipping!!
February 04, 2018, 08:43:13 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
Mining at a loss is different from mining at low profit. Mining is just a more passive way of investing.
That is true, and if you have a miner that has already paid for itself then you can still do this for a while. But you're probably still better off selling it now and buying BTC with the money as you probably won't be able to once it becomes unprofitable (very soon).
A recent S9 purchase though (or future purchase) is currently not predicted to ROI, thus it will be mining at a loss at current BTC value and so if you’re just doing it because you think the value of BTC will go up it is better to use the money to buy BTC now than buy a miner that makes BTC, you’ll end up with more BTC in the end.
That was the whole point of the argument.
February 04, 2018, 08:37:44 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
So start buying bitcoin...what are you waiting for?
Why would you think I’m not?
February 04, 2018, 08:05:56 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
So start buying bitcoin...what are you waiting for?
I'm not mining at a loss, at least as of yet. Otherwise I will.
February 04, 2018, 07:56:15 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
So start buying bitcoin...what are you waiting for?
February 04, 2018, 07:54:00 PM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
There are places in the world with cheap power. Hell even the USA has places with power under .05/kwhEven with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.
Aaah the ignorance of youth and uninformed...
Maybe your 150 bucks a month is worth more than everyone else’s. Otherwise your snarky comments are just trolling.
Some people mine for the future and can afford small blips. It's obvious you can't.
Save the trolling for someone who cares.
February 04, 2018, 07:52:41 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
Mining at a loss is different from mining at low profit. Mining is just a more passive way of investing.
February 04, 2018, 06:40:23 PM
Im probably selling my s9 units when they arrive in march this is looking bad AF, bitcoin price, bitmain releasing miners like crazy, difficulty going up and now samsung joining
That’s the wisest thing you can do at this stage. It would be even better if you could sell them now as a “pre-order” with promised March delivery although that concept does not seem to fly anymore either these days.I’ve been monitoring the price of miners selling on Ebay since I sold mine last month and they have been dropping faster than the value of BTC.
Every miner now is selling for a couple of hundred bucks less than the one before.
February 04, 2018, 06:31:38 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
This has been brought up many times before. It's just a fallacy.Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.
February 04, 2018, 05:54:12 PM
It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.
February 04, 2018, 01:39:26 PM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
There are places in the world with cheap power. Hell even the USA has places with power under .05/kwhEven with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.
Aaah the ignorance of youth and uninformed...
Maybe your 150 bucks a month is worth more than everyone else’s. Otherwise your snarky comments are just trolling.
February 04, 2018, 01:13:05 PM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
There are places in the world with cheap power. Hell even the USA has places with power under .05/kwhEven with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.
Aaah the ignorance of youth and uninformed...
February 04, 2018, 01:10:57 PM
S9 used to be only 1200$ last summer.
In December when btc hit ath, they have increased the price by 100%
You guys think bitmain will adjust the price accordingly now?
Or new miner is on the horizon ?
In December when btc hit ath, they have increased the price by 100%
You guys think bitmain will adjust the price accordingly now?
Or new miner is on the horizon ?
February 04, 2018, 09:49:26 AM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
There are places in the world with cheap power. Hell even the USA has places with power under .05/kwhEven with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.
February 04, 2018, 04:57:12 AM
There are 3 factors which you should consider before buying the S9 now.
1. The difficulty is not going to come down.
2. Where do you think the BTC / BCH price will be in a year?
3. When do you think the newer machines will come out and what do you think they will cost?
Please think about these 3 factors and then make up your own mind. As of today, the earning from one S9 is 0.00135 BTC. This is from BTC Pool using a 13.5 TH/s S9 miner. Do your own math.
1. The difficulty is not going to come down.
2. Where do you think the BTC / BCH price will be in a year?
3. When do you think the newer machines will come out and what do you think they will cost?
Please think about these 3 factors and then make up your own mind. As of today, the earning from one S9 is 0.00135 BTC. This is from BTC Pool using a 13.5 TH/s S9 miner. Do your own math.
February 04, 2018, 04:12:03 AM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
I’ve done my best trying to demonstrate this obvious fact to people in this thread, simple hashrate forecasts show we’re entering a period of negative profitability for all of us.
Yet, people cannot see what they don’t want to see, once emotionally invested it’s hard to remain rational. Hence S9’s are still selling like cupcakes every time a batch is released...
February 04, 2018, 02:25:11 AM
S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.
There are places in the world with cheap power. Hell even the USA has places with power under .05/kwh February 04, 2018, 02:14:24 AM
I think in 2 - 3 months we will have s 11
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