Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order

[Par Avion]

S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.

There are places in the world with cheap power. Hell even the USA has places with power under .05/kwh

Even with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.

Aaah the ignorance of youth and uninformed...

Maybe your 150 bucks a month is worth more than everyone else’s. Otherwise your snarky comments are just trolling.

[1713864336]

1713864336

[1713864336]

1713864336

[halfmil]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

[rizla.plus]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

[rizla.plus]

Im probably selling my s9 units when they arrive in march this is looking bad AF, bitcoin price, bitmain releasing miners like crazy, difficulty going up and now samsung joining

That’s the wisest thing you can do at this stage. It would be even better if you could sell them now as a “pre-order” with promised March delivery although that concept does not seem to fly anymore either these days.
I’ve been monitoring the price of miners selling on Ebay since I sold mine last month and they have been dropping faster than the value of BTC.
Every miner now is selling for a couple of hundred bucks less than the one before.

[halfmil]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

Mining at a loss is different from mining at low profit. Mining is just a more passive way of investing.

[rifleman74]

S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.

There are places in the world with cheap power. Hell even the USA has places with power under .05/kwh

Even with free electric they will be returning nearly nothing. You will never roi. Buying one now at retail prices would probably take well over a year. Currently around 12-14 months without even factoring diff adjustments that are sure to come. Probably closer to two years plus to roi.

Aaah the ignorance of youth and uninformed...

Maybe your 150 bucks a month is worth more than everyone else’s. Otherwise your snarky comments are just trolling.

Some people mine for the future and can afford small blips.  It's obvious you can't.

Save the trolling for someone who cares.

[rifleman74]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

So start buying bitcoin...what are you waiting for?

[halfmil]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

So start buying bitcoin...what are you waiting for?

I'm not mining at a loss, at least as of yet. Otherwise I will.

[rizla.plus]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

So start buying bitcoin...what are you waiting for?

Why would you think I’m not?

[rizla.plus]

It depends on how you are mining. If you are mining and selling the coin on a day to day basis it's not good right now. You need to be mining with the assumption of what the .00135 BTC will be worth in the future or else your numbers will be screwed up. There is a real possibility that btc will be 25k-50k sometime this year. If you can mine now and sell later I think you will be good. Yes it could also go down but there is no reward without risk. I feel like a lot of people want to mine because they think it is a guaranteed way to make money and they just sell their profits daily because they don't want to take a risk.

This has been brought up many times before. It's just a fallacy.
Once you get to a point where your miner is not profitable based on today's value of bitcoin (either it's not going to ROI if you recently purchased it, and/or, it's costing you more power than what it generates), it's always better to invest your money directly into BTC if what you're banking on is BTC value to go up. That's just a fact.

Mining at a loss is different from mining at low profit. Mining is just a more passive way of investing.

That is true, and if you have a miner that has already paid for itself then you can still do this for a while. But you're probably still better off selling it now and buying BTC with the money as you probably won't be able to once it becomes unprofitable (very soon).
A recent S9 purchase though (or future purchase) is currently not predicted to ROI, thus it will be mining at a loss at current BTC value and so if you’re just doing it because you think the value of BTC will go up it is better to use the money to buy BTC now than buy a miner that makes BTC, you’ll end up with more BTC in the end.
That was the whole point of the argument.

[Apprentice]

S9 March batch is shipping!!

[pnbamania]

S9 March batch is shipping!!

My Feb Batch isn't shipped??

[Apprentice]

S9 March batch is shipping!!

My Feb Batch isn't shipped??

got the notification yesterday, was surprised!

[Apprentice]

Is anyone able to login and check the tickets? it has been down since around 4 days!

[pnbamania]

S9 March batch is shipping!!

My Feb Batch isn't shipped??

got the notification yesterday, was surprised!

I have a order for shipping end of feb
One more March 11-20 I hope they get shipped too

[bl1nd]

S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.

BUT people are still buying each batch S9 released by bitmain with almost double price..CRAZY

Electricity in my country is less than 0.005$ kw/h. Some ppl will always profit...

[Sandal_Hat]

S9s will be mining at a loss around June. Roi is approaching never very quickly at current btc prices.

BUT people are still buying each batch S9 released by bitmain with almost double price..CRAZY

Electricity in my country is less than 0.005$ kw/h. Some ppl will always profit...

At 0.005, there should be a limit to the amount of electricity u can use. Otherwise, your government is basically subsidizing u heavily. That means your profit is their loss.

[jchi2210]

What is the going rate for $125 Bitmain coupons? I have 12 of them that I'm willing to get rid of.

[krisgt30]

What is the going rate for $125 Bitmain coupons? I have 12 of them that I'm willing to get rid of.

whats the expiration date on the coupons?

[jchi2210]

What is the going rate for $125 Bitmain coupons? I have 12 of them that I'm willing to get rid of.

whats the expiration date on the coupons?

June 30th