If it gets to that point, I hope u realize that L3 miners will run the miner even if it makes 10 bucks a month and some will run it even if it makes a small loss. At that point, the lower cost miners will only be making say 20-30 bucks a month, not much either. The cost gap between running at 5 cents and 10 cents electricity rate is only 30 USD per month per miner. There is no winner really. This is the case with the D3 now. Lets not forget the lower cost miners also do have rental and staff cost unlike home miners. Hmmm I now see someone posting that they even run S9 at a loss in the S9 thread. Seems some dont mind running it at a small loss since they like it or something.

Just my 2 cents

L3+ is only 28nm and Inno A4 is on 14/16nm. The A4 is only 20% more efficient. The S9 (14/16nm) is 3 times more efficient than the S7 (28nm). Hence, if an L4+ appears, it could be 3 times more efficient. That being said, I dont think an L4+ will appear anytime soon as there is no real need for it. Bitmain can win on pricing by far I believe, especially since they are producing a 28nm against a competitor 14/16nm.

Just my 2 cents

I suspect thats part of the reason. But things can still work out somehow. The D3 was bad but the antminer A3 was well handled. The first A3 batch users have already broke even. I hope that all miners will be well handled. The fact that they give out coupons and gave fair options to early X3 buyers also tells me they can find solutions too.

Just my 2 cents.

I wont call it manipulation. I am aware this is just business. Last year btc price rose 10x, asics sales boomed. Btc price is not rising 10x this year, like last year. It isnt possible to rise 10x yearly. Btc market cap would go to 1.33 trillion and then 13.3 trillion in 2 years. Not possible with gold at 7.8 trillion mkt cap. Thus, I hope they can downsize their production capacity. Last year was an anomaly. It wont be sustainable because btc market cap cannot rise at that rate. Dear bitmain, some of us have already unplugged our D3. We will not break even on the D3. We dont wanna have to unplug our S9 too.


With this pricing strategy, only the newest batch would be good, until a newer cheaper batch appears. I hope bitmain also finds a solution for their older batch supporters and future mining profitability.

Just my 2 cents

thetaj buddy,

The antminer S9 just got its price reduced in new batch. Those that bought at 1.6k and 2k+ just 2 months back would have been better of if they bought now. What do u think would happen if future batches become cheaper and cheaper.

Look at the D3 now, the last batch was 318 USD. Previous batch was 550 USD. The batch before was 1.45k, and then 2k-3k+ and first batch was 5k+ ...if i recall right.
Point is the D3 now makes Negative 20 dollar profit at 12 cents electricity. It makes negative 4 bucks at 9 cents. It makes 23 bucks at 5 cents electricity.

Now buddy, tell me wat u think will happen to S9 mining profit if the S9 keeps doing the same D3 does, getting cheaper and cheaper batches all the way to the few hundred dollar per miner range?
I hope bitmain reconsiders their pricing strategy for their older batch supporters and future mining profitability.

Just my 2 cents.

This is bad, it is now 318 USD for a D3. The difficulty will rise again?

It is now even cheaper at 855, down from 1200. Those bought at 1200 thought they got a good deal. It would have been better to buy now. This is bad. It reminds me of the D3 again. No one wins at the end of this. The L3+ and S9 can be the new D3 if they keep doing this price lowering and flooding. Difficulty will go through the roof...
I hope our dear bitmain looks after previous buyers interests too. Pls dont over do it.

I would like to know this too.

By right no more asics should not even be sold because ROI is way too long considering the risks involved. There is a limited amount to be earned as there is a limited amount of btc released every 10mins.

A price war would mean dragon lose, period. The other loser are all miners. It is the same reason why there are alot more D3 although inno dash miner is twice as strong. U cant beat bitmain on cheaper per TH basis.If price war occurs, the S9/T1 will be sold for less and less from 2k all the way to 550usd which is D3 price now...and no winner along the way. Right now, those who bought the S9 at 2k to 2k+ are already regretting because it would be far better if they bought the S9 now at 1.6k ish rather than at 2k ish. The thing is u think that u have an advantage if it goes into a price war and u get a machine cheaper, say 300-400 dollars lower? Nope. Everyone thinks the same and will buy. So, difficulty goes higher. And then machines can be sold cheaper again, say another 300 dollars lower? And more buyers come in, and same cycle repeats. This exact problem happened with the D3. It was sold at 5k, then 3k, then 2+k and then 1.45k....no one broke even because difficulty is too high and ROI is impossible.
I hope history does not repeat itself here..


With mostly 3 players for sha255, this is an oligopoly. Usually the leader sets the mkt price and the rest follows. They dont compete because they know custlmers only have 3 choices and there is limited demand. They keep prices at a certain level and make more money from higher margins though they sell less. If they kill it by selling at 550usd per miner lIke D3, they make say a 100-200 usd per miner? It is far better to sell less miners at say 1.6k-2k per miner but make 1-1.5k profit per miner. Then again, this crypto landscape isnt exactly filled with big experienced companies. So, nothing is for certain what can occur.

Just my 2cents.

Are u guys real and serious? It makes no sense to spend money into manufacturing a miner now for the usual algos that already have asic. Why not make an asic for a new algo that has no asic yet?  In any case, if this turns out to be real which I currently doubt, it would be great if u give one for quick demo to the respective individuals quickly. Less headache

My gut feeling tells me they wont drop it. If they go into a price war with bitmain, they will not win. They have 3 other different algo machines already, of which the decred miner that doesnt compete with bitmain, can be sold for the highest price. It is not like they can sell much now that sha256 algo has been flooded. Sha256 used to make more than Litecoin algo and now it makes less.

U mean your power supply uses more power as time pass by? U sure?

It will bounce back I think. We cant afford another bloodbath...

Best to just wait for units to be shipped and the review. Better to not place any new orders first until all that occurs. It is not like mining is making much profit now. No hurry.

Man, really could use lower difficulty anf higher bitcoin prices or a good new sha256 algo coin to mine right now. It is getting tougher.

Mining difficulty is too high as it is. I hope no new model either. That would damage everything.

New algos like the antiminer A3 at good prices are welcome

People are buying at 400?? I would sell.

Best to just wait for phillip review. There are others who have also said they have not received their dragonmint on twitter. It is probably real but it is better to be prudent still. Slush tweeted that their EH went above 3EH but it is about 5% below 3 now which is abit odd.


If inno is dragon, it may not want to associate itself with dragon. The dragon T1 competes with bitmain S9. Inno probably doesnt want bitmain retaliating by flooding their current algos with competition. Thus, it would be best if it was someone else competing with bitmain. This is on the assumption that it is real. Currently it is still vaporware. Online posts are the only evidence of its existence.

Linda has low volume and price. A single person can push it up actually.

Actually, it fell because of possible data mis-use and it was a bearish day. The dow/nasdaq/snp500 were strongly negative. This is due to possible interest rates rise really soon and possible 4 rate hikes this year which some people consider too much. There is fear that rates being hiked too fast can lead to a recession.