AntMiner S9 rampant speculation thread, have to be quick though

[mixan]

Except ETH is not competing with bitcoin. You guys really gotta stop looking at things from the at home miner perspective when discussing hardware because that is not how the companies look at it.

One of the largest BTC mining farms (BitPay or something similar) is actually expanding with GPUs.

Nobody cares whether its BTC or ETH or Chicken Feet, all everybody cares about is what will make them the most money. Its common sense.

That is the reason why I am looking at GPU cards instead of S7 or S9 as you can expand it if you like but with asic miners you are confined within the units themselves.

[fanatic26]

So because a couple mines are trying to make a quick buck on ETH its all of a sudden a direct competitor? Flawed logic is flawed.

[adaseb]

So because a couple mines are trying to make a quick buck on ETH its all of a sudden a direct competitor? Flawed logic is flawed.

People go where there is money to be made.

[philipma1957]

So because a couple mines are trying to make a quick buck on ETH its all of a sudden a direct competitor? Flawed logic is flawed.

You are 100% correct that:

 Flawed logic is flawed.

But for more then 120 days  Eth mining is better to mine then btc and eth coin has over a 1 billion dollar market cap.


So " wait and see" might be a better choice for you to say.

[fanatic26]

You keep pointing to its market cap like that is a real number. If anyone tries to sell a substantial amount of ETH the price would tank and everyone would be looking for the next get rich quick coin. I mean sure the price is artificially inflated right now because everyone is so afraid of the halving but do you really think it can sustain its growth at anywhere near the recent rates in the long term? Personally I have severe doubts.

[philipma1957]

You keep pointing to its market cap like that is a real number. If anyone tries to sell a substantial amount of ETH the price would tank and everyone would be looking for the next get rich quick coin. I mean sure the price is artificially inflated right now because everyone is so afraid of the halving but do you really think it can sustain its growth at anywhere near the recent rates in the long term? Personally I have severe doubts.

the dynamic between eth coin and btc is different.

mostly due to the coming ½ ing.

I have 1 foot in the eth camp and 1 foot in the btc camp.

I am positioned to stay in both camps.
Not because I want to but it makes sense to me.
I can sell my pc's to gamers at good prices.
I build 2 card rigs .
I have a bail out on them and I can put the sales cash into btc.

I don't have a bailout on btc it the ½ ing crashes stuff.

But I do  see
 1 bill eth
 6.8 bill btc


I see about 100,000 r 390s mining eth  cost for just the r9 390s = 30 million usd   you still have a pc and a gpu after the crash


I see about 300,000 s-7's mining  btc   cost for just the s-7's     = 150 million usd.  you don't have much after the crash

I am a 2-6kwatt miner in house  cost $$$
I have access to 15kwatts free in the solar array and my friends office.   I get ½ the coins.
I may get access to 6kwatts at 8 cents in the Brooklyn navy yard.    I get ½ the coins.

I know a hundred guys like me.  We are all doing some eth coin.  Mostly we want to mine.   Most of us are not going to buy an s-7 it will be out of date for us in a minute.

So do guys like me jump into eth and no s-9  some will  go all eth coin some will go all  btc.  Some will do what I do.  both.

I know that if they sell the s-9 I am getting at least one or two for the array.

[ps_jb]

but the two users above are talking about what makes sense for Bitmain.

Point is very well taken!

[chiguireitor]

Choo chooo (i'm into the hype train!... just posting to stay into the loop)

[digaran]

hashnest recently stopped paying people, anyone know anything about that?
Since antminer is their product just wanted to see if they gone scam?

[suchmoon]

hashnest recently stopped paying people, anyone know anything about that?
Since antminer is their product just wanted to see if they gone scam?

This is certainly off-topic here. Hashnest thread this way: https://bitcointalk.org/index.php?topic=766448.0

[QuintLeo]

For home miners the last few months, BTC has been no competition at all to ETH.

 For the big farms, it's a lot more complicated - but I'd bet at least a FEW of them are doing SOME ETH mining.

 
 The big questions still remain though. When will there be an S9, what will it cost, how much hash will it do, how efficient will it be, and will it continue to be string-design unadjustable (by practical means) efficiency or will it go user-settable efficiency / max hashspeed tradeoff?


 Oh, wait, I see six sigma certainty it won't be adjustable-efficiency - so one less question to worry about!

[philipma1957]

For home miners the last few months, BTC has been no competition at all to ETH.

 For the big farms, it's a lot more complicated - but I'd bet at least a FEW of them are doing SOME ETH mining.

 
 The big questions still remain though. When will there be an S9, what will it cost, how much hash will it do, how efficient will it be, and will it continue to be string-design unadjustable (by practical means) efficiency or will it go user-settable efficiency / max hashspeed tradeoff?


 Oh, wait, I see six sigma certainty it won't be adjustable-efficiency - so one less question to worry about!

I think the new s-7 lite is what it will be like.

So a built in psu that I do not need.  two blades 90 chips.

Maybe 5-6 th. and 700 watts.

I also think they are not going to sell it very soon.
So maybe a presale on June 14th with it being delivered on July 14th .
I think holding back on it will be a reaction to both the. 1/2 ing and the ETH coin surge.

[topiOleg]

I also think they are not going to sell it very soon.
So maybe a presale on June 14th with it being delivered on July 14th .
I think holding back on it will be a reaction to both the. 1/2 ing and the ETH coin surge.

Indeed, right before halving there might be much lower demand for the S9, so better wait after halving when the uncentairnity settles - at least for me to ever consider buying it.

I dont think altcoin mining has any effect at all on the S9 though, especially the ETH is just hyped in my opinion and the future price and mining profitability is very uncertain.

[philipma1957]

I also think they are not going to sell it very soon.
So maybe a presale on June 14th with it being delivered on July 14th .
I think holding back on it will be a reaction to both the. 1/2 ing and the ETH coin surge.

Indeed, right before halving there might be much lower demand for the S9, so better wait after halving when the uncentairnity settles - at least for me to ever consider buying it.

I dont think altcoin mining has any effect at all on the S9 though, especially the ETH is just hyped in my opinion and the future price and mining profitability is very uncertain.

Eth coin  is bigger then all other altcoins combined

https://coinmarketcap.com/


634 Currencies / 57 Assets / 2005 Markets

Market Cap: $8756437939 / 24h Vol: $90154394 / BTC Dominance: 78.9%

1   Bitcoin        $ 6,902,431,113   $ 443.38   15,567,825 BTC   $ 51,623,200   -0.11 %   
2   Ethereum    $ 1,073,601,720   $ 13.38   80,241,690 ETH   $ 30,601,200   -3.14 %



all other coins  from 3 to 643 are worth $ 780,405,106

All coins         = $ 8,756,437,939
    BTC           = $ 6,902,431,113
    ETH           = $ 1,073,601,720
 Rest of them = $    780,405,106


  So ETH is a solid number 2.

I can't make the mistake of thinking it will crash and burn.
I can't make the mistake of thinking it will not crash and burn.

So I am middling or straddling both at the moment.

This makes me hesitant to get an s-9 if it were available.  ( I know I would get 1 right now, but no more)

[Erumara]

I also think they are not going to sell it very soon.
So maybe a presale on June 14th with it being delivered on July 14th .
I think holding back on it will be a reaction to both the. 1/2 ing and the ETH coin surge.

Indeed, right before halving there might be much lower demand for the S9, so better wait after halving when the uncentairnity settles - at least for me to ever consider buying it.

I dont think altcoin mining has any effect at all on the S9 though, especially the ETH is just hyped in my opinion and the future price and mining profitability is very uncertain.

Eth coin  is bigger then all other altcoins combined

https://coinmarketcap.com/


634 Currencies / 57 Assets / 2005 Markets

Market Cap: $8756437939 / 24h Vol: $90154394 / BTC Dominance: 78.9%

1   Bitcoin        $ 6,902,431,113   $ 443.38   15,567,825 BTC   $ 51,623,200   -0.11 %   
2   Ethereum    $ 1,073,601,720   $ 13.38   80,241,690 ETH   $ 30,601,200   -3.14 %



all other coins  from 3 to 643 are worth $ 780,405,106

All coins         = $ 8,756,437,939
    BTC           = $ 6,902,431,113
    ETH           = $ 1,073,601,720
 Rest of them = $    780,405,106


  So ETH is a solid number 2.

I can't make the mistake of thinking it will crash and burn.
I can't make the mistake of thinking it will not crash and burn.

So I am middling or straddling both at the moment.

This makes me hesitant to get an s-9 if it were available.  ( I know I would get 1 right now, but no more)

Sound advice, been looking forward to next-gen tech and I find myself in the same boat. Time to diversify and finish up my GPU rig before I go buying more than 1 or 2 s9's

[topiOleg]

Eth coin  is bigger then all other altcoins combined

  So ETH is a solid number 2.

Surely ETH is on the wave right now, and mining ETH is more profitable than mining Bitcoins. The GPU can be resold without much loss if ETH price goes down or difficulty up too much and there is no other profitable altcoin to mine. So better deal now, but hard to say what happens in few months. BTW I remember the ETH price ten times lower not so long ago, so the ETH hype may as well end or the ride continue much longer - who knows, but as a miner I enojoy the ETH  profitability now, though I dont expect it last very long...

[QuintLeo]

ETH is definitely number 2 for now, but I wouldn't bet on the "solid" part.


 S9 gonna have to be a wonder machine - IF it shows up soon - to compete with ETH mining.

 If it doesn't show up for a few months, it might have a lot less competition - despite the halfing.

[Newcoins2020]

ETH is definitely number 2 for now, but I wouldn't bet on the "solid" part.


 S9 gonna have to be a wonder machine - IF it shows up soon - to compete with ETH mining.

 If it doesn't show up for a few months, it might have a lot less competition - despite the halfing.

Bitmain will release just for the halving (maybe somewhere june) so they can cash out most of the profit themself an let the fanboys take the loss. This is the exact reason why I've stopped buying bitmain products now.

[Biodom]

Judging by a huge burst in network speed, they are deploying S9 right now for "testing" and will announce pretty soon and release in 1-4 weeks, in my opinion.

[edonkey]

Judging by a huge burst in network speed, they are deploying S9 right now for "testing" and will announce pretty soon and release in 1-4 weeks, in my opinion.

If that's the case, then that lends credence to the idea that the S9 has at least double the hash rate for the same power utilization.

The assumption I'm making is that they are replacing S7s with S9s, and that they don't have enough spare data center headroom to power up S9s separately. At least not enough to be noticeable.