Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order - page 46. (Read 531067 times)

Just look the profitability history for the whole year of 2017 and you will get a quite good picture what it will be at what price and difficulty. So it varies A LOT.

Next difficulty check will be after 7 days and we are expecting about +15% rise in it because the current block times are somewhere at 8 min 30s.

The current mining profits are about $11 and have been lately in heavy bear sentiment.

So the near future does not look good for the quick bucks at this moment. Those who got these units on $1415 (november 2017 batch, in mining from the beginning of 2018) are in much better position.

But as you can see from the profitability history you have to look these things in much longer term than just 1 or 2 months -> annually

Yeah that was interesting.  The bitmain website actually works (sometimes)

So Samsung is supposedly building new chips for rigs, bitcoin price is weaker..

Are the S9 a good buy (at this time for delivery in March).   I own a couple of them, and I think long term, not a get rich quick idea, they will make money, not at the $ 4000 ebay price, but at $ 2800 landed cost, I think over time I will make money on these things.

I guess a lot of it is where the coin will be in 6 months, 12 months from now.   If above $ 10k, should make money, if below $ 8k, maybe not..

and the T9 is more expensive per Ths. What are the guarantees that it will last longer though?! Plus it generates more heat.

Haha. It took only about 3 hours and S9 is now sold out
(06:00 - 8:45 UTC)

Maybe I am crazy, but the T9 is 10.5 Th/s , and the S9 is 13.5 Th/s.   Power looks the same to me.  I rather mine the larger machine for same power..  T9 has to be older hardware..

The March dump gets bigger and bigger.
And of course, people keep buying and buying.

Yes it's on sale again.  But why would you buy them in March when you could get the T9 within a week and start mining now?

Just was on bitmain website..

S9's were available for sale (2 am Chicago time, Wednesday morning).  

I was able to load 10 into my card, and complete the order..   No mention of a sale on twitter.  Everyone else seeing this?

How many open box motherboards have you seen at Micro Center? most of them are returns by customers who changed their minds or used them and didnt want them.   Thousands and they all look brand new

Other examples are items used by customer and returned to Costco, Sams Club, Amazon warehouse, etc.

You are fooling yourself if you think they are in the business to serve you guys, the little people with their newest stuff.

It doesnt really matter anyway, there is virtually no difference between a chip used for 1 or 2 or 3 months. They last 10-20++ years when cooled correctly.

There would be not much evidence anyway.

The only moving parts are the fans.  Only other contact points used once or twice are Input to eth cable and input for power plugs.

I couldn't agree more. There is no way my miners had been used before for anything more than QC testing, and I would be amazed if that even happened

I bristle every time someone suggests Bitmain uses the miners then sells them as new. Every one of mine have been new, if they were run for 30-60 days as urban legend says there'd be some sort of evidence. My urban-legend/theory is that people are buying from re-sellers and that is where this came from.

Plus even if they do get it ready soon, Bitmain will stock their farm first. Then sell all their old used gear to us at fire sale prices.

If you ask me the whole "ships within 10 days" is copying what some of the other sellers are doing. Justifying the higher price by getting it to you faster.

May be i am wrong, dont know. It is clearly bitmain is changing strategy now make faster shipping 10 days after full payment and dumping stock.

with 7nm chip from samsung, what will be the speed? 30th/s? or just same 13-14th speed but use less power?

Why do you think so? I haven't seen any solid info showing Bitmain's making a new miner or at least a new Bitcoin ASIC chip, and they are still in a good position to make money by just lowering the price of their S9 if more competition comes around.

I think S9 march batches will be the last S9, i think there will be new miner using new chip after.

I thought samsung is using 7nm chips?? also Baikal is Rusia manufacture company??

Anybody has an idea what will be the hash rate for the same mashine as S9, but with 12nm chips (instead of 16nm) ?  

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Bitmain Urgent Order 100k 12nm Chips From TSMC In 2018

According to Digitimes, TSMC has received an urgent order from Bitmain for 100k 12nm HPC (high performance computing) chips at the beginning of 2018. 10k chips will be delivered every month in Q1 2018 and more in Q2.

HPC is a the key element for the development of advanced technology applications such as artificial intelligence, AR / VR and bitcoin mining equipment. Previous report indicates that order from Bitmain has overtaken Hisilicon in terms of 10nm chips in December 2017. Hisilicon is the provider of Kirin chips for Huawei, the largest mobile phone producer in China now.

In the teleconference held in Q3, TSMC said that the cryptocurrency ASIC has generated 350 million -400 million revenue for the Company. In contrast, revenue from AI chips is expected to be only 400 million USD for 2017 full year. The booming of cryptocurrency mining market has also drawn the attention of other wafer makers. Recently, Samsung Electronics signed a contract with Baikal, a bitcoin mining hardware manufacturer in Russia, to manufacture mining ASIC chips, which is scheduled for mass production in January 2018 in 14nm process.

According to the latest quarterly earnings of TSMC, the quarterly revenue of cryptocurrency mining businesses is around 375 million USD, accounting for 5.1% of the Group’s sales. However, as the price of cryptocurrencies continues to rise, the business segment is likely to grow rapidly. HPC demand from mining cryptocurrency is expected to boost TSMC revenue in 2018.
TSMC also expects Bitmain to be first batch of client for its 7nm process in 2018.

Bitmain also march on the AI market with its Sophon TPU BM1680. Although Cannan  and Ebang just released their latest miner at the end of 2017, both of them are not considered equal opponent of Bitmain.