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Topic: Gear Pricing just becomes more irrational then ever (Read 1152 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
If you are a miner with cheap power never never never never buy a coin out right.

I can buy s9s at 300 and with my power deal it is far better then buying a coin for 9500.

I ordered some s9s they will do fine as for companies like Inno that is now a day late for my t3 t50.

They robbed about 12 dollars for that one day late.
Considering they did ship to others but not to me I will keep a running total public for all to see.
newbie
Activity: 41
Merit: 0
main.

We are so fucking over priced with the s17 it is crazy 😜

S9    The 2017 3000/45 = 67 days with free power
S17 The 2019  4000/15 = 267 days with free power.

So with the numbers above for the s17 to equal the 2017 price   Coins need to,go from 11300 to  well over 35000

So if the gear pricing is correct then coins will moon.

Unfortunately the BTC price does not care about hardware prices. What happens here is that the little greedy bas-ard from Bitmain wants miners to take the risk if BTC price does not rise and he to take the profits - if you buy overpriced new asic miners - you take the risk and the manufacturer take the guaranteed profits. If BTC price goes up you and bitmain will be happy but if the BTC price drops bitmain took the money and you loose. So the solution here is to NOT buy new asics and instead just buy BTC. If BTC stay at current levels you will ROI the S17 after more than a year - no thanks. And it seems other manufacturers change their prices based on bitmain's prices so all new models are overpriced. But BTC price most probably will rise and people who bought new miners will make profits but not so much as manufacturers. On the other side i have no idea what is the manufacturer's cost to produce new models - maybe they have good reasons for higher prices - not just greed. Anyway with such high prices for new asics i dont expect a large number of to be sold - manufacturers are out of stock now but this is because of 300% rise in BTC price since April.
sr. member
Activity: 446
Merit: 347
Checking out bitmain store as I do once in a while, I can agree with philipma1957, the prices are totally nuts.

To me, it seems like bitmain is going the way of big electronics producers and is launching tens of models with a slightly different number and some slightly different specs just to fool you into thinking one of them is a bargain.
What the hell is with those things:

Antminer S9k-13.5TH/s   Hashrate: 13.5TH/s   Shipping date: 20-30, Sep. 2019   $310.00
Antminer S9k-14TH/s      Hashrate: 14TH/s      Shipping in 7                                $464.00
Antminer S9j-14.5TH/s    Hashrate: 14.5TH/s   Shipping in 7                                $479.00

I'm right now looking for 20 minutes at those prices and I really have the impression they are f with us

So if you choose the s9k with 14th which would whip on the 7 you pay 50% more than the s9k with 13.5th that ships barely two weeks after?
Obviously the difference doesn't come from the hashrate since with just 15$ you can get 0.5 th more also on the s9j...

Not even mentioning the s9 se which they claim has new generation chips but the efficiency is all over the place and not matching any other unit.

yes i agree, i know, the S9K and the S9SE is the SAME MACHINE !!! with new chip (10nm ? 7nm?) because ? just look the freq !!!

S9K and S9SE are 180chips, (the standard S9 are 189chips) ... is the reason i thinks are new chip size ...

For exemple, S9 show arround 14 000ghs with 650mhz
--------------  S9SE show arround 16 000ghs with arround 460mhz
-------------- S9K show arround 14 000ghs with arround 380mhz

For conclusion, i thinks, the S9K and S9SE are same machine, the S9SE are higher frequency and downvoltage compare to S9K !!!
full member
Activity: 1022
Merit: 221
We are not retail.
Yea, hopefully we get an update come Sunday/Monday for the single units. Everything bulk has shipped already.  .. .  :/
sr. member
Activity: 355
Merit: 276
yeah I hope for next week.  by then my my 2 s9's are close to shipping and I can add 70-80th to the setup.
legendary
Activity: 3234
Merit: 1220
I have some orders due as well, I emailed inno support and they said that my orders will ship "by the next week"

Hopefully this gives you some small semblance of hope  Grin
sr. member
Activity: 355
Merit: 276
In about 24 hours my innosilicon t3 t50 will officially be shipping late.

I could cancel this and leave minefarmbuy hanging as I did a paypal order with my philipma1957 account. I like minefarmbuy  so I will wait a bit before I cancel order.

I have a good relation ship with minefarmbuy and would like to keep it that way.

this is my alt account.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Checking out bitmain store as I do once in a while, I can agree with philipma1957, the prices are totally nuts.

To me, it seems like bitmain is going the way of big electronics producers and is launching tens of models with a slightly different number and some slightly different specs just to fool you into thinking one of them is a bargain.
What the hell is with those things:

Antminer S9k-13.5TH/s   Hashrate: 13.5TH/s   Shipping date: 20-30, Sep. 2019   $310.00
Antminer S9k-14TH/s      Hashrate: 14TH/s      Shipping in 7                                $464.00
Antminer S9j-14.5TH/s    Hashrate: 14.5TH/s   Shipping in 7                                $479.00

I'm right now looking for 20 minutes at those prices and I really have the impression they are f with us

So if you choose the s9k with 14th which would whip on the 7 you pay 50% more than the s9k with 13.5th that ships barely two weeks after?
Obviously the difference doesn't come from the hashrate since with just 15$ you can get 0.5 th more also on the s9j...

Not even mentioning the s9 se which they claim has new generation chips but the efficiency is all over the place and not matching any other unit.
legendary
Activity: 1554
Merit: 2037
When did you order them. The discussion here pretty much surrounds what you can currently get, you tend to pop in with half the information. 6140 sounds like a number you might have paid in June.

In regards to the no trumptax, you either aren't having them delivered to the US, or you have made a poor choice in publicly stating you are attempting to circumvent tariffs. Especially considering a few members seem to have been able to dig up most of your personal information that is public.

Considering timing the 1066 is a great product to look at.

These do look like a nice option pricewise. I'm hoping there is a LPM that improves efficiency or that the current numbers are on the high side. Either way it's a piece that would work for me if they are available at the end of October.
newbie
Activity: 60
Merit: 0
I got two m20s for $6140 shipped will be sent early next week no trump tax
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Well the prices are nuts.

Bitmain  had s17 pros as low as 1750  with under a 1 month wait.
pangolin had m20s as low as 2050 with a 60 day wait.

Everything over that is excess profit taking  on the part of bitmain or  microbt.

Yeah coins  were 4600 when the gear sold at those prices.
Coins are now 9500.

But the diff in april 2019 was  7
the diff is now 10.2

forget trump tax which has simply killed us off in the USA.

take canada 5%  import.      the  s17 pro is now 3950 I saw a listing for it yesterday.

so  9500/4600 x 7/10.2 = 1.417  x 1750 = 2480  asking 3900   that is a flat out gouging of 1420  it is not justified based on coin prices and diff prices.

102 new Antminer S17 for sale in Canada. In Stock. Ready to Ship.

76 are Pro version / 24 are non-Pro version

Price: $3900 USD each

MOQ: 25 unit minimum order quantity...

now the reseller has a tiny broker fee (maybe 100 a unit)  so I don't blame him.

"all prices are out of line. at current coin price and sched diff."

avalon 1066 is fairly decent but s17 and m20s  are jacked way higher then they should be.

Frankly I simply need say this is bad for business.

if you use the 1.41 factor the s17 should be only 2480
the m20s should be only  2850

with  a quick ship in effect.

I am hoping buysolar  gets us a few 1066's

I am hoping my inno t3 50 ships by august 31st.

Any guesses on that shipping on time?  I think not but maybe they surprise me.
alh
legendary
Activity: 1846
Merit: 1052
Think things will change much based on a recent BTC price of $9526/coin? I kinda wonder if there is now FOMO (Fear Of Missing Out) on the manufacturing side (not charging enough for new gear).
full member
Activity: 1022
Merit: 221
We are not retail.
Considering timing the 1066 is a great product to look at.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
So what's wrong with going for the A1041's from Blokforge? Ja not as efficient but -- faster delivery and reasonable pricing per TH. Then there is the side benefit of the individual PSU's not being so damn hungry/fire hazards...

buysolar has been talking with steve from canaan to get 2 or more 1066 or 1067
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
So what's wrong with going for the A1041's from Blokforge? Ja not as efficient but -- faster delivery and reasonable pricing per TH. Then there is the side benefit of the individual PSU's not being so damn hungry/fire hazards...
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
too bad  so 3795 x 1.276 = 4842  to a legit usa buyer.

jeesh lets say they come sept 1 vs sept 30

and they do 68th at 3350 watts.

about 80 kwatts a day

at 1 cent power that is  80 cents
at 2 cent power that is 1.60
at 3 cent power that is 2.40
at 4 cent power that is 3.20
at 5 cent power that is 4.00
at 6 cent power that is 4.80

68 x .00002416 = 0.00164288 btc or 17 a day - 4 = 13 a day

4842/13 = 372 days  So I am still facing gear that is cost prohibited

but even in china  it would be 3900/13 = 300 days at 5 cent  and

3900/14.6 = 267 days at 3 cent.  this is a hard sell.

5 s9's are 1700  do 70 th or  0.0016912 btc a day  or 17.28 usd a day and burn 156 kwatts at 3 cents that is 4.68

so 17.28-4.68 = 12.60 a day

so 1700/12.60 = 135 days.       and only 1700 out of pocket vs 3900.

I just don't see the pricing as working.

I have handled all this gear.  it all breaks down at about 10% a year.

I hate having so much idle power  only 110 of 150 kwatts filled. But  companies are holding the line at over priced items.

I will wait till the inno ships it is due to ship by this Saturday. lets see if they ship on time.

Once that unit arrives I will decide what to do next.
full member
Activity: 1022
Merit: 221
We are not retail.
does this include all import taxes?

No, unfortunately.
sr. member
Activity: 355
Merit: 276
Still pretty high but we have access to 40 units of M20S for September $3795.

does this include all import taxes?
newbie
Activity: 60
Merit: 0
Nah the late Aug batch was delayed so it is now early september and thats the pre order I purchased bought two one at $2984 shipped and another $3084 shipped.
full member
Activity: 1022
Merit: 221
We are not retail.
Possible a reseller who pre ordered the initial September batch has a lower price. This is a bargained price for available units at current market rate.
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