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https://shop.bitmain.com/productDetail.htm?pid=000201712191255054388vvfMz1v06F0

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Complete dick bags.

And still only taking BCH.
  ???

thats insane

and i was hesitant to buy the last batch. wow :'(

still gonna buy one + psu xD

That's exactly the reason why Bitmain is doing such things.
If there were 2 or more 14Th/s miners available, there would be a decent competition probably.
But now Bitmain are in dominant position, until Ebit or Canaan (or dragonmint :D) come up with something similar.

Considering people are selling these units for $4000-5000 on the market right now, they still have space to jack up their prices. I'd highly suggest looking into Avalon units now. If Bitcoin hits a correction period temporarily these will be a bad buy, not worth looking at imo. Still funny how they put the price of these in BTC up next to the buy button but they don't even accept BTC for payment.

Bitmain become greedy? ;) Its two options as i see it:
1) everything gonna be bad with mining, so Bitmain want to squeeze all the profit at the moment;
2) everything gonna be good, but Bitmain double the price according to actual BTC/USD exchange rate;
3) Its just about expenses for HY party and holydays)

To be quite honest, I'm surprised they hadn't done it already. I guess they would have if they'd had another batch ready sooner.

wanted 2 with psu's but only accepting BCH...well stuff that!  where else to get sha256 machines?!?

That sucks, I was going to order a couple yesterday but my transactions were delayed.

From where?  There was no batch available yesterday that I saw.  Last batch closed last week Monday @ $1415USD, for late January delivery.

at this price they can keep them
it will be over 3500usd total costs including shipping and import tax

It'll be interesting to see what happens tomorrow when Ebit and Canaan release their new model specs.

it almost seems like Bitmain is antagonizing one of their competitors to try and get into a price war with them. Bitmain charges double for s9, Ebit is asking some ridiculous number.... I wonder if Canaan will now price under the s9 for their A8. I saw Phil say a day or two ago, that Canaan shouldnt try and price their A8 under bitmain and someone else thought that the A8 would sell for about 2500, now that price would even be cheaper than a S9. Bitmain is playing games because they know they run the market, trying to get someone to try and beat their price and then squeeze them out of the market.

Bitmain is definitely trying to remove the young guys, miners with small budget out of the map.
Bitmain is trying to centralized the mining industry to the rich and powerful.
Jihan Wu has no different with Peter Thiel now.
Thank God, DragonMint is on the way! :P  

I may be mistaken but I believe they were available at +-1:30am at the old price when I was looking before going to sleep. I was looking at PSU's and S9's while trying to submit a ticket for an antpool issue.

FUCK you bitmain, off to any other competitor with my business.

Bitmain owns BitcoinCash and it is 30% up today when they released their new batch

Now that the S9's are sold out, that will drop back down again. 

It is very likely related that they released a batch at ATH for Bcash, and btc on a dip.

Doubling the price is just another slap in the face.

We will see within a week how BTC and BTH price will flow and how much real influence Bitmain has.

Overall, a price increase by +110% will inspire a lot of existing customers to change to the alternative mining equipment supplier once one becomes available.

This.

Go Canaan. 

I was set to purchase 100x S9.  No way with this BS.  Money is going elsewhere now and in future expansions.

Well, those could gather dust for all that I would notice.  Just more reason to go with gpu-centric coins.  The resellers stateside were already killing me with their markups on often badly used equipment.

Well, it's obvious that there is always someone that will buy them, so accepting BCH they are boosting their own currency

I will buy 5 of it.

no matter how expensive it is.

It is simple supply and demand. They can set their pricing based on what they feel they can get for the products without competition shatching their customers.

Dont get me wrong, I was set to buy too, but at $2700, I sat out. I am monitoring all the vendors right now: Bitmain, Ebit, Canaan and thers and it looks like $200/Th is becoming the new norm.

Ebit just announced their new miners. They are selling their 14Th/s miner for 4k. I don't think Canaan will be obligated to put a reasonable price either

Bitmain has a long-standing policy that they target "6 month ROI" as the price on their miners.
I think they might have changed that to "9 month" or so on the S9 since there wasn't going to BE a "new generation on a new procss node" for years.

 I'm a bit amazed it took them THIS long to bump the price up, nor does HOW MUCH it jumped shock me at all.

 I'm not going to go into the ETHICS of this kind of price change, or the total LACK of ethics of them FORCING the use of that BCH coin they back for purchases from them.

You are the 1 in 10.  Congrats.

funny how they go on current roi , two days later market take a 40% shit , only real winner is bitmain .

This is not how you squeeze people out of the market.
It's exactly the opposite.

If you want to gain market share you lower the prices until your competition can't sell a thing a go bankrupt.
What they do now is abusing that position, being the main supplier and are actually inviting others to steal their clients.

It is one of those three:
- they are pretty confident even with the price increase nobody is able to compete with them
- they have only a limited supply to sell and they think it will sell even at this price.
- most likely they have decided they would rather use the equipment for themselves as mining is pretty profitable these days

Explanation for the high price is simple, just supply and demand. Why in hell would bitmain, or canaan or any other player come up with a lower price for something that will sell out in hours? They should be *stupid* to do that. If you put something up for sale you try to hit a price where you maximize profit, simple as that. The only thing that will bring prices down is a shift in supply/demand. Unfortunately that shift will come paired to mining profits going down. No free money guys.

Of course they go on current ROI estimate, they can't predict future BTC prices any more than the rest of us can.

 I have issues with Bitmain - but this pricing thing isn't exactly NEW news out of them, and IS in line with their LONG-standing policy about pricing their miners.
 The "sudden shock" is only for morons that don't pay ATTENTION to how they do business.



 But yeah, them getting to sell into a bubble was certainly a win for them - *IF* they converted their coin to hard cash fast enough (which they probably did).

It's all about demand and supply, ally to a scenario with no decent competitor at this market. So, the owner can raise his price as he wants to do so.

glad i bough my dec bach at 1400 and i thought that was too high at the time smh , my only regeret is buying 4 D3 at the same time , could have had 10 s9  >:(

no way i was gona pay 3k for something i paid less than half that for a few months ago

They sell for 3800+ on eBay now

You could also have bought 10 D3s :) No way to know the future. If this price is the new norm for the miners, there is no way around it, we'll have to pay or stay out of the game...

So, I moved enough to buy an S9 into BCH at around 4pm GMT, hesitated slightly, went out, came back 4 hours later, BCH gets added to coinbase, wait another little while wondering what the hell is happening. BCH moons. I put the S9 order through.

30 minutes later, they're sold out, and BCH is crashing. My order price was locked in.

Worked out that I got my $2800 S9 for about $1700.


Lessons learned:

1. Bitmain KNOW releasing an S9 batch will pump BCH, as people scramble to move coins into BCH to complete their order.
2. Bitmain probably have a big bunch of S9s left. This was almost certainly NOT them running out of stock! Coinbase added BCH, there was a massive sell off of BCH, and only after that did they announce they were out of stock. All within about 3-4 hours of each other. The order makes me think BCH dump was Bitmain cashing out all the BCH they'd just received from the S9 batch.

My theory is this was a well co-ordinated and quite clever pump and dump by Bitmain/Roger Ver/Coinbase.

I will be waiting to see what happens between now and March 2018.

Probably re-selling my $1700 S9 for insane profit on ebay the day it arrives. They currently sell for around £4000 GBP ($5400), which is part of why I think $2800 isn't that unreasonable for Bitmain to price at. The real money they make is from BCH market manipulation.

This! Shady shenanigans indeed from all involved, puts me right off BCH.  >:(

Actually I think I’m gonna only call it BCash after seeing that video of Roger Ver freaking out over it.  :-*

Congrats on your fortuitous timing though.

So what? you must not have been mining for a while. It's a double sided commodity, both have cycles of appreciation and depreciation. If you don't understand this, mining isn't for you, buying and hodlin' is.

I commend Bitmain for seeing a 3rd party resale market on used items at 3x their MSRP , and only 2x the price.

Do you really believe a few people swapping to BCH to buy a miner affects the exchange rate? Come on, it was a new shiny alt coin, on the #1 noob exchange, cheaper than BTC, and pumped by Roger and company.

I'm not dumb, I know Bitmain is a big backer of BCH, but that theory is far from reality...

It’s a smart hedge for bitcoin.
And smart investors like to hedge ;)

Supply and demand - totally screws us as customers but there will be plenty of idiots who don't care about ROI and will still invest in a few units. Not to worry hopefully more competition in the market in the future should alleviate this but unfortunately Bitmain have had a hold so long on the market and lack of competition in that price range and for power consumption has really helped them dominate. Looking forward to what 2018 brings with new companies in the market. Mining is general specifically Bitcoin is still difficult, costly and time consuming for your average Joe so lets wait and see.

Ive been claiming a crazy conspiracy , one day they wont sell off and do a complete network transfer to bch , (for example here is a email you will probably get one day ) Due to the slow TX times of BTC antpool will no longer support BTC all networks have been swapped to BCH , EVERY time BCH Pumps is when antminers are in stock, bitmain only accepting BCH for a BTC mining hardware piece is whats lead me to believe this. 1000% something fishy going on here , BITCOIN is not decentralized with company's like this around. Ive pretty much so exited holding untill i watch this pan out, Bubble dont scare me, bitmain does .  MOST asic manufacturers are following suit to this price hiking selling based on machine ROI , technically its illegal in the states but only the redistributors in states not manufacturer , the manufacturer's also ship these as generic "cheap" computers to avoid taxes even to redistributors. We need a miner made in USA. they will be sold on hardware cost and labor then multiplied x3 or x4 like every other company. Selling a machine based on roi in a unstable market is ridiculous a s9 makes today in BTC what a S4 was making in January, I once mentioned bitmain quadruple fucking people . Think about it if bitmain can time coinbase with antminer drops to bch , whos to say they couldnt collaborate with btc.com and slushpool at the same time for a network swap?. Or better yet offer genesis-mining and all those other cloud mining companies 20% off hardware to swap .... Bitcoin isnt decentralized anymore , bitmain owns it and decides what happens to it. theve gotten very serious rallies with BCH in the last 2 months all it takes is for them to hodl bch, only accept bch. if bitmain didnt sell off bch after the pumps we would probably already be fighting bch vs btc and ill honestly tell you bch is a better currency via network standards.

Latest batch of L3+ dropped back to pre-gouging price.  Perhaps next batch of S9 will do the same.

Who knows, L3+ profitability has been going down a lot lately. It's very hard to know what bitmain will do. Heck, it's hard to understand everything it does, some people had Dec batches that were pushed to Jan, others had Jan units delivered in Dec...

The price of BTC and other crypto currencies have changed in the mean time.

We will likely see the pricing in the USD changing for every Bitmain batch moving forward, while the S9 unit price will stay at 0.99 BCH.

That's an interesting perspective because it says right on bitmains site that it's pegged to USD value. When the last batch first came out it was about 1.5 bch then went as low as .7 bch. Why is it that you think it will always be .99 bch??

I was kind of surprised they kept the price at $1400 all during the 20k move.  Don't get me wrong, I think they're greedy as shit - but they are only watching the scumbag flippers and deciding they'd like a little more of that profit for themselves.  Only natural as the ebay prices went up above 7k.

That's bitcoin for you