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Author Topic: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order  (Read 507455 times)
HagssFIN
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February 07, 2018, 11:55:04 AM
 #6341

Just apply a new sticker on top of the S7 miner and undervolt & underclock it a little and voilà you have a 'brand new' V9 miner.  Grin

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pnbamania
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February 07, 2018, 12:20:05 PM
 #6342

I am scared now because I have so many ant-miner S9 yet to be shipped and I want to buy the new one because the S9 will be worthless once the new one is released. Unless they are trying to advantage of the market drop buy selling as much as possible so when the price climbs they just doubled there $$$

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February 07, 2018, 12:39:45 PM
 #6343

OK, I think it is about time someone checks what-to-mine for the new Antminer and share the results

S9 14 th/s and ~1300w power consumption with default website power cost, yields ~230 USD/mo with todays Bitcoin price

V9 20 th/s and ~5000w power consumption with default website power cost, yields ~100 USD/mo with todays Bitcoin price

I really cant understand the logic, maybe for huge mining investments with cheap electricity or alternative means of power, this modular system would be worth, but otherwise...

They are getting rid of stock of soon to be redundant chips by repackaging everything into stupid seemingly bite sized machines anyway they can until they bring out the next model. They make more money selling the machines than mining so to hell with difficulty right now as the market is flooded with their stuff, especially after that Pre- Christmas batch which was for sale for over a week. They know exactly what they're doing.

AntPool even stopped paying out for a a few days waiting for BCH/BTC to drop on the way down and then paid out the miners. Total scam artists

yet people still mine on Antpool!
Sitarow
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February 07, 2018, 02:10:31 PM
 #6344

Just apply a new sticker on top of the S7 miner and undervolt & underclock it a little and voilà you have a 'brand new' V9 miner.  Grin

Sorry unless it mines LTC at the same time then it is not profitable at the present BTC/USD price. Best to buy BTC.
HagssFIN
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February 07, 2018, 02:14:04 PM
 #6345

Just apply a new sticker on top of the S7 miner and undervolt & underclock it a little and voilà you have a 'brand new' V9 miner.  Grin

Sorry unless it mines LTC at the same time then it is not profitable at the present BTC/USD price. Best to buy BTC.

What? How is your post related to my post in any way?  Huh

bl1nd
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February 07, 2018, 02:16:51 PM
 #6346

I am scared now because I have so many ant-miner S9 yet to be shipped and I want to buy the new one because the S9 will be worthless once the new one is released. Unless they are trying to advantage of the market drop buy selling as much as possible so when the price climbs they just doubled there $$$

S9 on sale for 2 days now the market isnt running to buy new s9's thats a good sign. Also Hashrate has been going down steadily for 3 days.

Price is up

If you can resell your s9's for 1k more than cost, well do it...

Also it is pretty funny how ppl think that moving hash power from China to Canada is so easy, the only way i see big companies like bitmain moving fast to Canada is if they do a joint venture with a canadian mining company. Ppl seem to think somehow that setting up a mining farm is simply moving to a warehouse connect the miners and BOOM DONE, no regulations, nothing HAH... i guess they havent dealt with bureaucracy and all that bs

Sea shipping time, bureaucracy permits etc, hiring new ppl, setting up the whole farm, renting or buying new space, etc etc etc. For examply i know for a fact that a S9 is CSA certified (Canadian Standards association) but i doubt the other equipment they use in China is CSA certified
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February 07, 2018, 02:20:38 PM
 #6347

Just apply a new sticker on top of the S7 miner and undervolt & underclock it a little and voilà you have a 'brand new' V9 miner.  Grin

Sorry unless it mines LTC at the same time then it is not profitable at the present BTC/USD price. Best to buy BTC.

What? How is your post related to my post in any way?  Huh

I took your comment as satire "sarcasm" with respects re-branding the S7 to V9 and wanted to add that it's return on investment at present BTC/USD is in the -$.

Here is what it would look like if BTC/USD was at $15,000.00. From what I can see buying BTC at this low rate vs hardware purchase of this type makes business sense.

UPDATE: Here is the document for reference.
https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

BTC/USD 15000 NETWORK DIFFICULTY INCREASE OF 10% FOR 6 RE-TARGETS and 2% thereafter.

https://i.imgur.com/VWPahOE.png

BTC/USD $8500 USD NETWORK DIFFICULTY INCREASE OF 10% FOR 6 RE-TARGETS and 2% thereafter.

https://i.imgur.com/8ZIwfis.png

^ updated to reflect proper name and other purchase options, including more accurate near-term network difficulty adjustments.
UPDATE #2: To reflect recent difficulty change.
bigjee
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February 07, 2018, 02:24:12 PM
 #6348

...and a new Antminer V9 in town!

you get 20T for $1725

but you'll have 5 miner + power supply

yeah 5000w for 20 TH/s......eff that noise
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February 07, 2018, 03:01:15 PM
 #6349

...and a new Antminer V9 in town!

you get 20T for $1725

but you'll have 5 miner + power supply

yeah 5000w for 20 TH/s......eff that noise

In Venezuela electricity rates are lower than 0.004$ kw/h, also i know some arab countries have almost free electricity

I can see how this is gonna sell pretty well for some miners
lentyna
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February 07, 2018, 03:28:30 PM
 #6350

...and a new Antminer V9 in town!

you get 20T for $1725

but you'll have 5 miner + power supply

yeah 5000w for 20 TH/s......eff that noise

And the heat too, you have x4 more CFM output.

CrypotoCreanis
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February 07, 2018, 04:01:20 PM
 #6351


yeah 5000w for 20 TH/s......eff that noise

Literally. 79 dB
HoleShot
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February 08, 2018, 05:30:01 PM
 #6352

if you have free power and nobody has to listen it's awesome.
kobo_eth
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February 08, 2018, 05:43:32 PM
 #6353

Do you guys remember the Telegram Notification bot Smiley
Boooy, I miss the time is used to work... for everything but S9's. I haven't got a single notification from it for a week or so.

Sitarow
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February 08, 2018, 05:46:39 PM
 #6354

if you have free power and nobody has to listen it's awesome.

Even with free power you still have the cost of the money you put in place and your time along with any import fees and rental costs.

As a space heater then it works well at 9500 USD/BTC getting you a small profit of 0.04BTC over the course of 1.5 years of babysitting.

Antminer V9 4TH 1.5 years operation you save $1,069.72 in power costs if it was 0.10 /KWH

https://i.imgur.com/Og7qGzQ.png

Antminer S9 13.5TH 1.5 year operation you save $1531.00 at 0.10 / KHW original power costs.

https://i.imgur.com/KRG1Ug1.png
kenji
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February 08, 2018, 05:50:46 PM
 #6355

if you have free power and nobody has to listen it's awesome.

Even with free power you still have the cost of the money you put in place and your time along with any import fees and rental costs.

As a space heater then it works well at 9500 USD/BTC getting you a small profit of 0.04BTC over the course of 1.5 years of babysitting.


An estimated 0.04BTC over 1.5 years. Damn near nowhere certain.

Also out of curiosity because it's very difficult to read that spreadsheet, does that include the large chunk of money you'll get back when you go to sell and upgrade miners in the future or are you just for some reason assuming that it will be a piece of metal to throw in the garbage?
Sitarow
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February 08, 2018, 05:53:55 PM
 #6356

if you have free power and nobody has to listen it's awesome.

Even with free power you still have the cost of the money you put in place and your time along with any import fees and rental costs.

As a space heater then it works well at 9500 USD/BTC getting you a small profit of 0.04BTC over the course of 1.5 years of babysitting.


An estimated 0.04BTC over 1.5 years. Damn near nowhere certain.

Also out of curiosity because it's very difficult to read that spreadsheet, does that include the large chunk of money you'll get back when you go to sell and upgrade miners in the future or are you just for some reason assuming that it will be a piece of metal to throw in the garbage?

Great question.

Unfortunately I have not had a request for this. However I can add it.

Like selling and keeping your overhead low and perhaps using these as heating sources in place of conventional heaters.

The reality is you can depreciate the asset over time to get tax savings.

UPDATE: Option value added for End of life sale located at P:24

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February 08, 2018, 05:57:33 PM
 #6357

if you have free power and nobody has to listen it's awesome.

Even with free power you still have the cost of the money you put in place and your time along with any import fees and rental costs.

As a space heater then it works well at 9500 USD/BTC getting you a small profit of 0.04BTC over the course of 1.5 years of babysitting.


An estimated 0.04BTC over 1.5 years. Damn near nowhere certain.

Also out of curiosity because it's very difficult to read that spreadsheet, does that include the large chunk of money you'll get back when you go to sell and upgrade miners in the future or are you just for some reason assuming that it will be a piece of metal to throw in the garbage?

Great question.

Unfortunately I have not had a request for this. However I can add it.

Like selling and keeping your overhead low and perhaps using these as heating sources in place of conventional heaters.

The reality is you can depreciate the asset over time to get tax savings.

I don't know how accurate it would be because god knows what will happen a few years from now, but you could use the time since the S7 has been released and the percentage that its retail price on Bitmain vs. it's resale price on eBay has declined over that time span and factor that in. It's a lot of money that a lot of people don't consider when they calculate ROI.
Sitarow
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February 08, 2018, 06:02:08 PM
 #6358

if you have free power and nobody has to listen it's awesome.

Even with free power you still have the cost of the money you put in place and your time along with any import fees and rental costs.

As a space heater then it works well at 9500 USD/BTC getting you a small profit of 0.04BTC over the course of 1.5 years of babysitting.


An estimated 0.04BTC over 1.5 years. Damn near nowhere certain.

Also out of curiosity because it's very difficult to read that spreadsheet, does that include the large chunk of money you'll get back when you go to sell and upgrade miners in the future or are you just for some reason assuming that it will be a piece of metal to throw in the garbage?

Great question.

Unfortunately I have not had a request for this. However I can add it.

Like selling and keeping your overhead low and perhaps using these as heating sources in place of conventional heaters.

The reality is you can depreciate the asset over time to get tax savings.

I don't know how accurate it would be because god knows what will happen a few years from now, but you could use the time since the S7 has been released and the percentage that its retail price on Bitmain vs. it's resale price on eBay has declined over that time span and factor that in. It's a lot of money that a lot of people don't consider when they calculate ROI.

True. Even after having the audacity of attempting to estimate market trends and hardware development or the going future rate of BTC/USD. Adding another variable only serves for awareness of the option.
fanatic26
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February 08, 2018, 06:06:49 PM
 #6359

AntPool even stopped paying out for a a few days waiting for BCH/BTC to drop on the way down and then paid out the miners. Total scam artists


You realize they pay out in BTC and BCH so the USD equivalent means literally nothing. Claiming everything they do is a scam is the mark of ignorance.

You earn .8 BTC

Payout delayed 3 days.

You still get your .8 BTC.

How is that a scam? How exactly do they benefit from it?

Stop buying industrial miners, running them at home, and then complaining about the noise.
kenji
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February 08, 2018, 06:16:03 PM
 #6360

AntPool even stopped paying out for a a few days waiting for BCH/BTC to drop on the way down and then paid out the miners. Total scam artists


You realize they pay out in BTC and BCH so the USD equivalent means literally nothing. Claiming everything they do is a scam is the mark of ignorance.

You earn .8 BTC

Payout delayed 3 days.

You still get your .8 BTC.

How is that a scam? How exactly do they benefit from it?

Doesn't matter if they pay out in BTC or BCH, you think they're not converting that BTC and BCH into USD when the price is right? Unless I'm misunderstanding, they would benefit by converting their BTC and BCH into USD while the price is high, then the price tanks and they release everyone's money in BTC or BCH which is now worth less. Who knows though, just speculation.
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