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Author Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order  (Read 507940 times)
kenji
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January 28, 2018, 03:42:52 PM
 #6141

Whether we like it or not, S9s are still very profitable to buy and run. I've been hearing arguments about difficulty increase for a year now. True, the BTC price jumps helped. But until BTC price drops to USD 2500 or the current difficulty triples without any increase in BTC price, S9s will keep running (approx calculations). Focus on getting a good colocation to place your miners or build a colo yourself. Your machines will run for a very long time if you keep colo costs low.

Also, regarding the newer machines that have come/are coming to the market. I'm excited to see competitors, but I really want to get a few hands-on reviews from regular guys like us, before deciding to stop supporting S9s.

Eagerly waiting for the GMO machines...


I dont understand. If btc falls to near 2500 levels, u gonna take a few years to break even or never break even. It will probably never occur as new miners come out by then.

If the price drops that hard, the difficulty likely will too.
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The Demon Slick
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January 28, 2018, 05:03:15 PM
 #6142

A sr member on another thread was talking about mining when it was 1k, and it dropped to two hundred, he was mining at a loss for a bit, but he held on and hit it when the price went way up again. I think that was good advice. Personally, I'm mining and holding everything, if I cash any out it will be for another machine. I'm targeting 2020. What will the btc price be then? What will the coins you mine today be worth then? I bet a lot more than 11k per. Go to work, mine, hold, everything is going to be awesome..... eventually. So far all the new machines are smoke. Even the ebang 18t/Hs haven't actually been seen yet, and that's a real company at least. Until some new ones start getting delivered, out of the smoke and into the real, the s9 remains king.
Emkoo
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January 28, 2018, 06:11:44 PM
 #6143

A sr member on another thread was talking about mining when it was 1k, and it dropped to two hundred, he was mining at a loss for a bit, but he held on and hit it when the price went way up again. I think that was good advice. Personally, I'm mining and holding everything, if I cash any out it will be for another machine. I'm targeting 2020. What will the btc price be then? What will the coins you mine today be worth then? I bet a lot more than 11k per. Go to work, mine, hold, everything is going to be awesome..... eventually. So far all the new machines are smoke. Even the ebang 18t/Hs haven't actually been seen yet, and that's a real company at least. Until some new ones start getting delivered, out of the smoke and into the real, the s9 remains king.

We did pretty much the same. Bought 6 S9, paid for electrician, fan system and just hold on everything we made (getting more machines from profit until our room will be full). Hope the price will go up and make some real $$$ Smiley. I'll start my own thread with pictures soon...
kenji
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January 28, 2018, 06:40:45 PM
 #6144

A sr member on another thread was talking about mining when it was 1k, and it dropped to two hundred, he was mining at a loss for a bit, but he held on and hit it when the price went way up again. I think that was good advice. Personally, I'm mining and holding everything, if I cash any out it will be for another machine. I'm targeting 2020. What will the btc price be then? What will the coins you mine today be worth then? I bet a lot more than 11k per. Go to work, mine, hold, everything is going to be awesome..... eventually. So far all the new machines are smoke. Even the ebang 18t/Hs haven't actually been seen yet, and that's a real company at least. Until some new ones start getting delivered, out of the smoke and into the real, the s9 remains king.

We did pretty much the same. Bought 6 S9, paid for electrician, fan system and just hold on everything we made (getting more machines from profit until our room will be full). Hope the price will go up and make some real $$$ Smiley. I'll start my own thread with pictures soon...

Yup. Profits are only low for miners right now, if you sell right now. However most of us who mine believe the price will go back up, so we're holding as much as we can afford to.
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January 28, 2018, 11:11:42 PM
 #6145

A sr member on another thread was talking about mining when it was 1k, and it dropped to two hundred, he was mining at a loss for a bit, but he held on and hit it when the price went way up again. I think that was good advice. Personally, I'm mining and holding everything, if I cash any out it will be for another machine. I'm targeting 2020. What will the btc price be then? What will the coins you mine today be worth then? I bet a lot more than 11k per. Go to work, mine, hold, everything is going to be awesome..... eventually. So far all the new machines are smoke. Even the ebang 18t/Hs haven't actually been seen yet, and that's a real company at least. Until some new ones start getting delivered, out of the smoke and into the real, the s9 remains king.
Very true. I ran my S5's until I ran out of space to plug them in. A long long time after they were considered profitable at the time. Because I knew BTC would rise and all the "unprofitable" coin I mined would suddenly be profitable. Damn glad I did.

I'll prolly do the exact same thing with my s7's and s9's when their "unprofitable" time comes.
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January 29, 2018, 12:21:20 AM
 #6146


I dont understand. If btc falls to near 2500 levels, u gonna take a few years to break even or never break even. It will probably never occur as new miners come out by then.
[/quote]

If price drops that much, miners will switch to other coins. BTC difficulty will come down and it will be profitable. That's my assessment. We will know for sure when it actually happens.
Apprentice
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January 29, 2018, 08:26:59 AM
 #6147


I dont understand. If btc falls to near 2500 levels, u gonna take a few years to break even or never break even. It will probably never occur as new miners come out by then.

If price drops that much, miners will switch to other coins. BTC difficulty will come down and it will be profitable. That's my assessment. We will know for sure when it actually happens.
[/quote]

nowadays it is very risky to buy a miner and think ROI with too much volatility and uncertainty where I think many are buying a miner for the fun of mining more than an immediate investment and ROI or to get rich. But buying 1 miner and hoping to make profits is highly unlikly and uncertain.

People who already are mining would keep on adding more miners with time to keep up with the difficulty as they capable of purchasing and adding without worrying much about the ROI since their mining operation is already in place.
Thetaj
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January 29, 2018, 10:29:14 AM
 #6148



nowadays it is very risky to buy a miner and think ROI with too much volatility and uncertainty where I think many are buying a miner for the fun of mining more than an immediate investment and ROI or to get rich. But buying 1 miner and hoping to make profits is highly unlikly and uncertain.

People who already are mining would keep on adding more miners with time to keep up with the difficulty as they capable of purchasing and adding without worrying much about the ROI since their mining operation is already in place.


Well thats just the thing with being a serious miner isn't it........Once you're mining, you can't stop for at least 5 years until your infrastructure has paid for itself.

This has always been the case ever since 2015. Nothing really changed. As much as I want mining to decentralize, it will never be as decentralized as the nodes, its still a long way off. There will always be advantage of scale (and electricity)
coolnair
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January 29, 2018, 10:40:20 AM
 #6149

You dont need to wait 5 years. You break even in less than 7 months. I broke even on some of my machines in less than 3 months last year. Your worst case now, is breaking even in 10 months. That's assuming this current price and difficultly holds (it never does).
latoxine34
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January 29, 2018, 04:25:39 PM
 #6150

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500€  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.
Apprentice
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January 29, 2018, 04:27:18 PM
 #6151

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500€  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.

Twitter and telegram
kobo_eth
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January 29, 2018, 05:28:25 PM
 #6152

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500€  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.

I am in Europe too.
Just add this to your Telegram contacts:
@BitmainNotifyBot

And be prepared to be buzzed everyday when they release the Litecoin miners and PSUs SmileySmileySmiley
But eventually they will release S9 too, just keep an eye on the bot.

latoxine34
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January 29, 2018, 05:29:50 PM
 #6153

ok thank you guys !
latoxine34
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January 29, 2018, 06:30:08 PM
 #6154

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500?  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.

I am in Europe too.
Just add this to your Telegram contacts:
@BitmainNotifyBot


And be prepared to be buzzed everyday when they release the Litecoin miners and PSUs SmileySmileySmiley
But eventually they will release S9 too, just keep an eye on the bot.

Me again sorry but I dont see how or where to add it : I'm new in telegram and the only tabs I have in add contact are name and tel number ? Where can I add @BitmainNotifyBot please ?
kobo_eth
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January 29, 2018, 06:33:51 PM
 #6155

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500?  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.

I am in Europe too.
Just add this to your Telegram contacts:
@BitmainNotifyBot


And be prepared to be buzzed everyday when they release the Litecoin miners and PSUs SmileySmileySmiley
But eventually they will release S9 too, just keep an eye on the bot.

Me again sorry but I dont see how or where to add it : I'm new in telegram and the only tabs I have in add contact are name and tel number ? Where can I add @BitmainNotifyBot please ?

No problems. When you start Telegram, go to Contacts >> and then in the search field, just paste @BitmainNotifyBot
Then it will appear.

latoxine34
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January 29, 2018, 07:10:17 PM
 #6156

and again thank you !
coolnair
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January 29, 2018, 10:23:27 PM
 #6157

hi guys,

could you tell me how you do to be warned when s9 are available in real time ? Is there a trick ? You pay someone to stay all the time in front of bitmainshop screen refreshing?!
 You keep it secret ?  Wink
Because prices here from sellers are just crazy ( 3700 / 4500€  Shocked  they can keep it and put them...)

I've red something about Telegram ?! ( I precise I'm in europe .)

thank you.

I hope you have registered on the Bitmain site. They send us emails announcing new batches. Its usually available on Twitter also (75% of the time). If you have already bought a few times from their site, the chances that they will let you know about batches increases drastically. I wouldnt trust telegram completely. Regarding prices, you should be able to get it at the same price as Bitmain plus import VAT plus airport clearance paperwork (if going through an agent). It will not cost you more than EUR 2800 to buy a S9, inclusive of APU + shipping + Import VAT + Customs Clearance + Logistics to data center + Installation charges. These are Georgia rates. This is assuming the prices from the last batch.

Please make sure that you go ahead with a data center that does not charge you much to order the miner for you. You can generally trust data centers that make their money on the monthly maintenance charges. If they charge you a huge premium to buy the miner on your behalf, it won't work out well for you with bulk orders. Yes, you need to pay something extra for someone who manages to place the order in less than 100 seconds (It's not easy. Trust me.). And now some batches have an individual limit of 20 machines per account. Some batches are still bulk batches. Hope this helps. Please feel free to ask me more about this if you have more queries. We have been buying regularly from Bitmain for more than a year now and have had a decent success rate in ordering. It was really hard in the beginning, but its smooth now.
kodokbuduk
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January 30, 2018, 12:10:45 PM
 #6158

Bitmain dumping stock! Samsung has started enter ASIC miner???
Apprentice
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January 30, 2018, 01:25:35 PM
 #6159

Hi guys,

I am curious if any of you have had luck getting Bitmain to switch your order to a new order.
Thinking of getting a few T9+ instead of my March batch S9... I just feel like the 10 days to ship out and $300 lower price on each unit would make up for the fact that they are 20-30% less efficient...

Also, I am wondering what kind of hash rates you are seeing running S9 with the original APW3++ power supply on 110v circuits. I don't seem to ever see anything over 12.5THs on various batches.
On the 4 S7 that I used to have I never had an issue running them on 110v but I feel like these s9 are taking my 15 amp circuits close to their 80% limit...

My S9s are running on 220V and hashrates are exactly as advertised.

If you mean hashrates at the pool, you need to check your connection. Ping the pool servers and choose the fastest one.

and what are the chances that they will release another batch for half the price with a delayed delivery like they did with the A3?!
CrypotoCreanis
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January 30, 2018, 01:36:38 PM
 #6160

Bitmain dumping stock! Samsung has started enter ASIC miner???

Samsung has officially announced that they have begun production of ASIC miners today. So it is a possibility that Bitmain is making some moves  

https://www.newsbtc.com/2018/01/30/samsung-south-koreas-largest-company-manufacturing-asic-chips-bitcoin-mining/

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