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Author Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order  (Read 507455 times)
rifleman74
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4 s9's 2 821's


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February 01, 2018, 12:07:36 AM
 #6201

You're assuming that BTC stays around this price level.   Many of us miners, feel that that stance, is flawed.


You were smart to sell the miners though, no problems in recognizing a profit from these guys, whether it's by usage or selling them off.   Kudos.
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VRobb
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February 01, 2018, 12:15:56 AM
 #6202

You're assuming that BTC stays around this price level.   Many of us miners, feel that that stance, is flawed.
<snip>
Not just flawed, patently untrue.  Which direction is the question, and I'm betting long term it's up, up, up!  Cool

I don't believe in superstition because it's bad luck
In Hotels, I prefer the 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP),S9-13.5 & S9r-11.5
rizla.plus
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February 01, 2018, 12:17:14 AM
 #6203

You're assuming that BTC stays around this price level.   Many of us miners, feel that that stance, is flawed.
Yeah I think I've explained that in the long discussion I had after that first post.
What I'm advocating for is selling your S9's now if you have them (and turning that money into BTC) or if you're about to buy one, don't, turn that money into BTC. Also, turn the money you would pay for power directly into BTC.
You'll be better off in the long run regardless of what BTC does as with the rate the network hashrate is growing, the amount of BTC your S9 will make is declining rapidly.

Quote
You were smart to sell the miners though, no problems in recognizing a profit from these guys, whether it's by usage or selling them off.   Kudos.
Thanks, I believe (and this is not based on numbers, just an educated guess), there will be a good opportunity to get back into the game in a few months time.
Either when new hardware is available and/or when all those March batch S9's have come online and soon after get taken down again because of non-profitability and start flooding Ebay. There will be bargains to be made.
rizla.plus
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February 01, 2018, 12:18:53 AM
 #6204

Not just flawed, patently untrue.  Which direction is the question, and I'm betting long term it's up, up, up!  Cool

Read the discussion I've had after my first post, what BTC does in the long run is not that relevant if you're comparing how much BTC an S9 will make you compared to investing the cost of an S9 directly into BTC.
VRobb
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February 01, 2018, 12:21:01 AM
 #6205

Neither of which was proposed better than the other in my reply... but I will say I do both!
Mine, and invest, on!  Cool

Edit- And yes I have S9's in my Droid collection, and will even buy another if only to use the BitCH coin I got sitting around from the fuck, oops I meant fork...  Roll Eyes

I don't believe in superstition because it's bad luck
In Hotels, I prefer the 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP),S9-13.5 & S9r-11.5
rizla.plus
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February 01, 2018, 12:24:52 AM
 #6206

Neither of which was proposed better than the other in my reply... but I will say I do both!
Mine, and invest, on!  Cool

Yeah, well,
I'm in the 'suspend mining but keep investing for now camp'.
The forecasts I've shared here demonstrate only negative profitability in mining

Edit (to keeps this on topic): the above statement assumes you're mining with S9's, who knows what Bitmain & Bitfury have in their farms.
Emkoo
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February 01, 2018, 12:44:18 AM
 #6207

So for those of you still throwing yourselves on the “opportunity” every time Bitmain throws another batch of S9’s on the market.

Why are you still posting this everywhere? I don't get it. Did you build a huge farm somewhere and now you are trying to convince people not to buy miners because you made some random numbers (yes, for me its random numbers - nobody can know what the price and difficulty will be year from now)? Whats your point? Do you really think that people will stop mining/buying miners because of you made some "predictions" ?
rizla.plus
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February 01, 2018, 01:06:26 AM
 #6208

Why are you still posting this everywhere? I don't get it. Did you build a huge farm somewhere and now you are trying to convince people not to buy miners because you made some random numbers (yes, for me its random numbers - nobody can know what the price and difficulty will be year from now)? Whats your point? Do you really think that people will stop mining/buying miners because of you made some "predictions" ?

Because I like to say "I told you so".  Grin
But seriously, if you look at what I posted, they are not "predictions" they are a best case scenario, worst case scenario and current trend scenario.
I'm just pointing out that what is happening is far worse than my original "worst case scenario".

VRobb
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February 01, 2018, 01:15:54 AM
 #6209

Your assumptions are weak at best, and unrealistic at worst. So your conclusions are useless and certainly not worthy of "I told you so"
More like "I hope so"  Roll Eyes  /ignore for you genius.  Cheesy
Back to on topic discussion: can't wait to dump my BitCH coin and get another S9!  Tongue

I don't believe in superstition because it's bad luck
In Hotels, I prefer the 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP),S9-13.5 & S9r-11.5
rizla.plus
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February 01, 2018, 01:37:27 AM
 #6210

Your assumptions are weak at best, and unrealistic at worst. So your conclusions are useless and certainly not worthy of "I told you so"
More like "I hope so"  Roll Eyes  /ignore for you genius.  Cheesy
Back to on topic discussion: can't wait to dump my BitCH coin and get another S9!  Tongue

I have no skin in the mining game anymore,
But you obviously do, hence you’re reacting emotionally and ignoring the numbers.
If there is a flaw in my calculations or I’m basing them on wrong assumptions, please point this out specifically rather than make unfounded assertions/allegations, the spreadsheet is still available to download and what I’ve done is pretty straightforward.
rifleman74
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February 01, 2018, 03:17:35 AM
 #6211

You're assuming that BTC stays around this price level.   Many of us miners, feel that that stance, is flawed.
Yeah I think I've explained that in the long discussion I had after that first post.
What I'm advocating for is selling your S9's now if you have them (and turning that money into BTC) or if you're about to buy one, don't, turn that money into BTC. Also, turn the money you would pay for power directly into BTC.
You'll be better off in the long run regardless of what BTC does as with the rate the network hashrate is growing, the amount of BTC your S9 will make is declining rapidly.

Quote
You were smart to sell the miners though, no problems in recognizing a profit from these guys, whether it's by usage or selling them off.   Kudos.
Thanks, I believe (and this is not based on numbers, just an educated guess), there will be a good opportunity to get back into the game in a few months time.
Either when new hardware is available and/or when all those March batch S9's have come online and soon after get taken down again because of non-profitability and start flooding Ebay. There will be bargains to be made.


Anyone who doesn't do what I tell them to do is a "looser"  yes spelled incorrectly for a reason.  We see through your plan.
rizla.plus
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February 01, 2018, 03:31:03 AM
 #6212

Anyone who doesn't do what I tell them to do is a "looser"  yes spelled incorrectly for a reason.  We see through your plan.

This is another emotional reaction with no real content or arguments against what I have put forward here.

I'm not telling anybody to do anything, I'm just pointing out what should be obvious.
Even without this spreadsheet, if you owned an S9 beginning of December as I did, the online calculators were predicting I'd make about 1BTC/year, if you look now it's half that! (which is in line with network hashrate doubling since then)

But back to my calculations.
Again, if you see any flaws or bad assumptions in what I am showing here, just point it out.
What you are doing is just making unfounded allegations.

I am not hiding or fudging anything, I have no "plan", but I am very willing to discuss what I am putting forward here related to the continuing (or lack there of) profitability of an S9 and whether you should really own one now and/or invest in one or more.
rifleman74
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February 01, 2018, 04:08:19 AM
 #6213

Anyone who doesn't do what I tell them to do is a "looser"  yes spelled incorrectly for a reason.  We see through your plan.

This is another emotional reaction with no real content or arguments against what I have put forward here.

I'm not telling anybody to do anything, I'm just pointing out what should be obvious.
Even without this spreadsheet, if you owned an S9 beginning of December as I did, the online calculators were predicting I'd make about 1BTC/year, if you look now it's half that! (which is in line with network hashrate doubling since then)

But back to my calculations.
Again, if you see any flaws or bad assumptions in what I am showing here, just point it out.
What you are doing is just making unfounded allegations.

I am not hiding or fudging anything, I have no "plan", but I am very willing to discuss what I am putting forward here related to the continuing (or lack there of) profitability of an S9 and whether you should really own one now and/or invest in one or more.

Actually it is an argument against what you've put forward here, you just don't seem to grasp the concept yet.  We'll wait for you to figure it out.
rizla.plus
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February 01, 2018, 04:26:54 AM
 #6214

Actually it is an argument against what you've put forward here, you just don't seem to grasp the concept yet.  We'll wait for you to figure it out.

Well, if you believe that insults and unfounded allegations can serve as arguments in a discussion you have already lost.
In a discussion you bring facts, figures and evidence to the table if you want to make your case.
Especially if you want to make predictions about the future and/or question someone else's!

I'm sorry but I have seen none of this coming from your end of the table.
kodokbuduk
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February 01, 2018, 04:59:38 AM
 #6215

S11 is on horizon I can smell it from here.

Yea true..i have strong feelinggggg  Grin Grin
Clock is ticking..
Apprentice
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February 01, 2018, 09:40:12 AM
 #6216

S11 is on horizon I can smell it from here.

Yea true..i have strong feelinggggg  Grin Grin
Clock is ticking..

Samsung is the game now, a 16Ths miner.... Bitmain should have something under their sleeves!
pnbamania
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February 01, 2018, 11:22:34 AM
 #6217

S11 is on horizon I can smell it from here.

Yea true..i have strong feelinggggg  Grin Grin
Clock is ticking..

Samsung is the game now, a 16Ths miner.... Bitmain should have something under their sleeves!

16TH? Source?

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Apprentice
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February 01, 2018, 11:27:55 AM
 #6218

S11 is on horizon I can smell it from here.

Yea true..i have strong feelinggggg  Grin Grin
Clock is ticking..

Samsung is the game now, a 16Ths miner.... Bitmain should have something under their sleeves!

16TH? Source?

The DragonMint 16T (allegedly)
albguy40
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February 01, 2018, 12:53:46 PM
 #6219

Any of you guys notice they no longer have any Antminer S9s on the site? Just noticed this morning.
Apprentice
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February 01, 2018, 01:01:39 PM
 #6220

Any of you guys notice they no longer have any Antminer S9s on the site? Just noticed this morning.


actually there is and is currently available for purchase
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