Bitcoin Forum

Does anyone else get the impression that Bitmain are shifting current gen stock for big discount prices to allow for fresh cash flow and room in their production facilities for a new product?

Could an Antminer S...11? Be on the horizon??

it make sense, the s9 is not that good anymore at efficiency, but they can't push the nano processing work faster than intel nvidia and amd, i mean intel is still sitting at 14nm and before they go to 10nm there is still a certain time frame to wait

this time frame is with the launch of cannonlake which expected to be at 10nm, therefore is not inconclusive to think that bitmain is not that far away to launch a 10 nm antminer, maybe next year?

More likely they are responding to the "finally" appearance of some BitFury-based mining hardware, and the growing NUMBER of competiton miners and competition in CHIP design/manufacturers.

 There are more "verified" companies making Bitcoin mining chips right now than anytime in the last 2 years or so - possibly 3.

 Also, given the slowdown in overall network hashrate growth, I suspect they're finally managing to get chips faster than they can sell miners (the release of the L3/L3+ also made this look pretty obvious) so they can't justify as high of a markup any more.

I hope so. Current Bitmain hardware is close to year to true ROI if not longer.

I'd say Bitmain is going to take a break from all of this bitcoin business for a while and focus on Litecoin. From the looks of it profit margins from hashnest, mining for themselves, and also selling the miners seem to be extremely high right now. ATM LTC is much more profitable than BTC, I wouldn't be surprised if they're more focused on LTC than BTC now. Plus, the whole semiconductor industry has hit a wall at 14nm for now, unless they can squeeze more power out of the current gen chips I wouldn't be looking at a huge increase in the next gen miners.

I do not think we will see new BTC equipment from Bitmain in next few months. The present is profitable enough. And it will be for a long time. Even if the BTC price drops.
Of course, work on new equipment must always be.
At the moment we have unmet need for L3 +. And here is actually a new huge market for Bitmain.

 Scrypt is a MUCH smaller market than SHA256 though - even with the recent jump in Litecoin price, and the jumps of a couple of the "much smaller market cap" other Scrypt coins, there is no way the market will be able to asorb 20+ batches of L3+ like the Bitcoin market has managed to soak on S9/R4/T9 batches and still want more.

 I stand by my earlier statement - Bitmain is only doing Scrypt miners at this point because
 (1) they have very little competiton and NO "close on performance" competition, so they can price the stuff pretty high and make good profits on it while undercutting their ONLY competition
 (2) they have finally gotten to the point they have more chip-making capacity available to them on the current node vs how many chips they needed to keep up with their SHA256 miner demand, so they decided to use the excess on SOMETHING rather than letting it go entirely to waste.

SO if Bitcoin tanks to 1300usd and Ltc jumps to 108usd

Selling cheap s9's and cheap t9's  could allow them to sell very expensive L3's



#___NAME_______MARKET CAP______PRICE________CIRCULATION

1..... Bitcoin...........$32,499,985,126....$1988.86.......16,341,012.......... BTC   
2..... Ripple ...........$13,786,441,227....$0.357787..... 38,532,538,149... XRP
3......Ethereum.......$11,630,187,459....$126.73........ 91,768,487.......... ETH   
4......NEM..............$2,041,974,000......$0.226886......8,999,999,999..... XEM
5......Litecoin.........$1,408,882,938......$27.52............51,186,132......... LTC   

Under what conditions would bitcoin tank to 1300 but litecoin rise to 100+ at same time???