Bitcoin Forum

Hey All,
Just a quick question. I bought about 10 D3 in the last/first batch at 2699 USD each and just bought some at 1599.
I am quite surprised to see why Bitmain would discount the miners by over 40% all of sudden. Am I missing something here? Needless to say a part of me is dying inside slowly, saying I should have waited. Is this a common thing bitmain does? I know Baikal did a similar thing but that was more from a competition and spec perspective but why bitmain. Clearly I am in shock
Thanks for the replies in advance

Dont buy from Tina possibilly a scammer using this email sell.bitmain@gmail.com so a gmail account is a red flag
she has real Bitmain links on her email message
does anyone no her from bitmain or is it a scammer?

Dear fan of Bitmain,

I'm Tina from sales team, Bitmain company.
I send email to say we open sell Antminer D3 right now.



The quantity is very low, maybe around 50 for all, so please check our website and order right now!

D3: https://shop.bitmain.com/productDetail.htm?pid=000201707201601357978QhCAWa5065C


You received this email because you are an user of Bitmain. So sorry if I bother you.

If the product out of stock let me know, maybe I can help in the next time!



Best,

Tina



--------

Beijing (Bitmain Headquarters)

Building 25, North Olympic Science & Technology Park,

Baosheng South Road, Haidian District, Beijing, China 100029.

Phone: +86-400 890 8855

Email:

info@bitmaintech.com

supplier@bitmain.com (for suppliers)

hr@bitmain.com（resume&job consulting）

Your batch 1 units will cover the spread by being able to mine early.  This was done with the L3s too.  Better to have batch 1 at $1000 more each you should be able to make that back with a 4 week jump on the october batch.

Thank for your reply sir, I get it. Note to self. Next time wait till 3rd batch atleast before buying a new product line for Bitmain.
--- From a sincere bitmain slave

Shipping date is month after your batch.
You will get more then 1000 USD per D3 per month.

Not sure if you're not getting it, or if I'm missing something myself. My understanding is that you getting in on the first batch enables you to mine a month earlier than the people who got in on this second October batch. By having a one month head start, the mining you could get done in that first month before the second wave hits will potentially be way more profitable than the 1.1k price drop you would get from waiting for the second batch. By the time a third batch is released, profitability will have come down tremendously.

The longer you wait, the more useless the machine. lol

Hopefully the difficulty doesn't jump too high and batch one and two buyers can make that money back before batch 3 ships out.

Simple math says that if DASH price stays at the current level, they wont release a third batch anytime soon. Price per unit will have to be less than the manufacturing price.

I wonder how miners who purchased Ibelink at 6k or Innosilicon A5 $10k feel about these new Bitmain prices,but at least Ibelink is supposed to deploy this month in a few days so they have hope. Innosilicon is not due to deploy until October yikes.

Ibelink can ROI before end of September, possibly mid October, if delivered on time.

Innosilicon will have a harder time, but if it mines all of October, it'll ROI before end of the year, probably by start to mid December.

You also have to remember DASH can go up (and down). If there's more miners and DASH gets even more popular, an bump up, is not out of the question. If this happens, the only losers will be those who didnt buy miners (or dont hold dash).

I

More miners does not mean more popular : )

its not exclusive, no, but word spreads, now theres an army of asic resellers for example.

Thanks guys for the pointers.
Yes I know I can make 1-2K more per miner in my first batch, but the more point I was trying to make is. Shouldnt Bitmain be more honest about their selling price etc. Cost +X% or whatever. Yes I know Apple has ridiculous margins with iPhones but atleast the price does not change weekly.
Anyways lets see how it goes. One thing is true Baikal, iBelink are dead if Bitmain keeps going at this rate. Bitcoin Miners their is nothing new coming, Cannan is almost quiet selling non profitable 741s.
Ah well hope the mining gods show us some mercy!

2.5x s9s will prob make the same or more then 1 d3 in november so they had no choice but to drop the price and they both almost cost the same and use similar power. Even an l3+ is a gamble for the October batch but at least it uses less power and has a lot more coins to spread out the hashrate to. X11 needs more coins!

 L3+ isn't much of a gamble, in this age when A2/Alcheminer/Titan units are MORE profitable than they have been for 2+ years and even the Gridseed GC3355 based units are profitable.

This asics thing is showing us as time goes more and more unreliability , don't know why ppl buying it

https://ibelink.co/blog/

Maybe the discount on d3 might have something to do with this...

Home / Blog
Posted on August 4, 2017
iBeLink DM22G for Delivery in October!
Written by
iBeLink   
Posted in
Uncategorized   

We are very happy to announce the next generation of iBeLink X11 miners, the DM22G which features a hash rate of 22 GH/s. High volume delivery will be in October. Interested customers are welcome to contact us for a product demonstration in China. The following are the DM22G technical specifications:

    Hash Function: X11
    Hash Rate: 22 GH/s ±5%
    Power Consumption: 810 W (at the wall, with 25°C ambient temp)
    Power Efficiency: 0.037 J/MH (at the wall, with 25°C ambient temp)
    Number of TNB0303 chips per unit：216
    Operating Temperature: 0 °C to 40 °C
    Network Connection: Ethernet
    Power Supply: 110V to 240V, 50Hz/60Hz
    Certifications: FCC, CE
    Dimensions: 490mm(L)*350mm(W)*180mm(H)
    Weight: 19kg (with packing materials)

iBeLink don't have a price set yet. But I guess the have to follow Bitmain and price the thing around 2000 USD.

 Half again the hashrate, better efficiency - they could get away with $2500 to $3000 given the D3 at $1600.

I wonder if we'll see a D3+ soon.

D3 already soaks a ton of power in a very cramped case - if there is a D3+, it will be a S5+ type unit with multiple cases tied together and using multiple power supplies.

 I'd bet Bitmain won't bother - X11 miners is too small a market to support something that fancy.

There will prob be a l4 or s11 b4 that happens.

S11 I don't expect to see 'till 2020. Perhaps late 2019.

 L5 - depends, there are conflicting reports of "is the L3+ 28nm or 14/16 nm" - if it's 28nm then I'd expect to see an L5 (NOT L4, doesn't fit Bitmain naming scheme) sometime VERY late this year or somewhere in 2018.

 D5 - see comments on the L4/L5 for the same reason.
 I DO wonder why their first released X11 (DASH) miner wasn't called the D1 though, perhaps they started to make one at one point (like the L1 project) and never bought it to market?

Here is the Email I received from Bitmain concerning D3 Price decrease:

 Aug 5, 15:04 CST
Dear Sil2222,

Sorry for making you confused.

Actually, we have already released a September batch, then due to like the total network hash rate, market fluctuations, competitors and so on, that is why we have made an adjustment for the October batch.

Please be at ease, there is no difference in technology.

Thanks for your interest in Bitmain.

Please feel free to contact us if you have you further queries.

Best regards,
Leo
Bitmain