NEW ASIC Miners | Is Buying a Bitmain Antminer a Bad Investment? | BCH S15 + T15

[VoskCoin]

A new wave of ASIC miners are hitting the bear market, with updated chip technology these purpose built mining machines are hashing more efficiently than ever . . however is it actually profitable to mine?

https://www.youtube.com/watch?v=2y5HTtt6SvA


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Bitmain Antminer S15 7nm BTC - http://bit.ly/s15miner
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[1714094711]

1714094711

[philipma1957]

it is very hard for usa buyers.  trump tax is 27.6%

So  you are in the hole for a long time trying to earn back over 400 usd in tax.

edit maybe tax is 375 not 400


right now with free power the machine earns 5-7 usd a day

with power cost  it earns 1-3 a day.

so 133 to 400 days to make up for that tax

[lunobird]

My guess it will be exactly like s9 cycle.

S9 earned only 4-5 a day initially on release. Bull cycle came and it was earning $50 a day. Crash and now earns nothing. S9 had a two year cycle.

So I expect same behavior with bitmain 7 nm. But semi conductor can only get so small so I expect 7nm miners will last at least 3 years. That means this miner is ready for the next bull run and can earn up to $50 a day like last time for a good couple of months at is peak cycle

I'm in USA so I rather buy btc directly.

[Firstblackhaw]

Mining is dead. More hash - more difficult - lower coin is mined. The market is down trend in long time. The price of new miner hardware will down 1/2 in two month. if anyone buy new miners , so he will be gambler. 

[VoskCoin]

My guess it will be exactly like s9 cycle.

S9 earned only 4-5 a day initially on release. Bull cycle came and it was earning $50 a day. Crash and now earns nothing. S9 had a two year cycle.

So I expect same behavior with bitmain 7 nm. But semi conductor can only get so small so I expect 7nm miners will last at least 3 years. That means this miner is ready for the next bull run and can earn up to $50 a day like last time for a good couple of months at is peak cycle

I'm in USA so I rather buy btc directly.

I like your POV, reasonable and overall optimistic. As you said, for me it also makes sense to simply buy btc with this equation

[dagarair]

My s9's still make money.  I just dont think the pay on that S15 is there for the cost.  I'd rather just buy 2 S9 at 500 totalish.

[VoskCoin]

My s9's still make money.  I just dont think the pay on that S15 is there for the cost.  I'd rather just buy 2 S9 at 500 totalish.

Yeah it all comes to power cost as you know, and like said you'll get a good amount more hash per dollar on 2 year old s9s!

what is your power rate again?

[fanatic26_]

Mining is dead.

Is it the 48 exahash of BTC mining power that is telling you its dead?

Is bitmain deploying 90,000 S9s because mining is dead?

Willful ignorance is not a good look.

[astraleureka]

Mining is dead.

Is it the 48 exahash of BTC mining power that is telling you its dead?

Is bitmain deploying 90,000 S9s because mining is dead?

Willful ignorance is not a good look.

There has been a big drop in hashrate lately. I would not say mining is dead, but many farms riding the edge of profitability are shutting down.

[shaninium]

Liquid cooling will prob be  the next step in increasing efficiency, theres a miner that does 27th at 700w, whether its real we will see. Totally submerged.

[VoskCoin]

Mining is dead.

Is it the 48 exahash of BTC mining power that is telling you its dead?

Is bitmain deploying 90,000 S9s because mining is dead?

Willful ignorance is not a good look.

Do you have a source for that ^