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Author Topic: Bitmain introduces the Antminer S17 Pro, Antminer S17, and the Antminer T17  (Read 9038 times)
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April 09, 2019, 05:20:10 PM
Last edit: April 09, 2019, 11:05:39 PM by frodocooper
 #101

To cover the import tax and shipping to purchaser I have to push the price pass $3K. I'm betting on the BTC price trend staying bullish to create appeal.

Why only buy one then?

I got one last night before they sold out in about 5 minutes. I was debating on paying BTC and waiting for Blokforge to list to use credit, but once I saw them all gone I pulled the trigger and figured I could resale for more if I wanted to. Wished the pricing was closer to what Blokforge listed. Hoping they have a relatively limited supply. Today they've been going out of stock and adding them back for over an hour now. They are probably keeping majority of them since they are already offering plans on Bitdeer starting end of April.

How is Blokforge able to sell these at such a low price? (20% off Bitmain's retail price)
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 09, 2019, 05:35:26 PM
 #102

How is Blokforge able to sell these at such a low price? (20% off Bitmain's retail price)

Their price was TBD. They just launched now at over $3k, which is close to the price from Bitmain with tariff.
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April 09, 2019, 05:46:15 PM
 #103

Their pricing looks fine now not sure why they don't have A10 listing active being a Canaan distributor and all. So many models from Bitmain at once we're not sure if we'll list group buys on there. Sales on them are spread pretty far. Though the people that ordered at our 3.6k pricing in the US will have option for their credit or customs support.

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April 09, 2019, 05:51:09 PM
 #104

Their pricing looks fine now not sure why they don't have A10 listing active being a Canaan distributor and all. So many models from Bitmain at once we're not sure if we'll list group buys on there. Sales on them are spread pretty far. Though the people that ordered at our 3.6k pricing in the US will have option for their credit or customs support.

3.6k? ouch at the 2k price the ROI is damn near a year, if difficulty never rises at 3.6k almost two years and that is with 5 cent electricity.



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April 09, 2019, 05:53:37 PM
 #105

We're sourcing though, not sales. So you'd get that extra back and not all buyers were in the US anyway. 

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April 09, 2019, 06:17:18 PM
Last edit: April 09, 2019, 11:06:58 PM by frodocooper
 #106

We're sourcing though, not sales. So you'd get that extra back and not all buyers were in the US anyway.  

oh you refund the difference?



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April 09, 2019, 06:18:17 PM
 #107

I got one last night before they sold out in about 5 minutes. I was debating on paying BTC and waiting for Blokforge to list to use credit, but once I saw them all gone I pulled the trigger and figured I could resale for more if I wanted to. Wished the pricing was closer to what Blokforge listed. Hoping they have a relatively limited supply. Today they've been going out of stock and adding them back for over an hour now. They are probably keeping majority of them since they are already offering plans on Bitdeer starting end of April.

Yea they are $3200 on blokforge after the tax lol
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April 09, 2019, 06:23:05 PM
Last edit: April 09, 2019, 11:07:18 PM by frodocooper
 #108

oh you refund the difference?

We do a credit in shop under $100 and refund over that. I think our bulk pricing was under or close $2k for initial orders.

Bitmain has a couple version available again for now at least.

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April 09, 2019, 06:30:11 PM
Last edit: April 09, 2019, 11:07:36 PM by frodocooper
 #109

We do a credit in shop under $100 and refund over that. I think our bulk pricing was under or close $2k for initial orders.

Bitmain has a couple version available again for now at least.

gotcha - totally misunderstood, I thought people were paying 3.6k for them lol

being in the US, I will need to wait till the price drops or they offer/coupons to offset the tariff increase.



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April 10, 2019, 02:11:56 AM
Last edit: April 10, 2019, 03:51:47 AM by frodocooper
 #110

Why only buy one then?

I don't want to take any more risk.
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April 10, 2019, 04:38:58 AM
 #111

With the tax and tariff imposed I think I am going to wait to have these shipped to another country to mine in.

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April 10, 2019, 01:06:38 PM
Last edit: April 11, 2019, 12:01:12 AM by frodocooper
 #112

@ minefarmbuy I just purchased one solo direct. Antminer S17 Pro 50th

Philip - let me know what that total comes to with the tariff  and after shipping - I want to just buy 10 of them and be done with it but I feel that without coupons and with tariffs and current price that I will be in the red for over a year and that is not what i want.



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April 10, 2019, 03:01:25 PM
Last edit: April 11, 2019, 12:01:49 AM by frodocooper
 #113

Philip - let me know what that total comes to with the tariff  and after shipping - I want to just buy 10 of them and be done with it but I feel that without coupons and with tariffs and current price that I will be in the red for over a year and that is not what i want.

I used minefarmpay paypal 6 months zero interest

April 10, 2019   Processing   $2,539.00 for 1 item

Antminer S17 Pro 50Th/s- Solo Buy × 1   $2,539.00

this is 200 more then direct purchase but I get to use paypal.

I am 90% sure it does not include  the tax.  my guess on the tax is 550

net 3089  vs 2890 direct on bitmain.

I will be passing this cost on to a client.
I need to have at least 1 S17 and 1 M20  since I will be getting 5-15 of them  maybe more like  60 of them.

As I think the super build will get done.

we have access to 800 amps x 80 % =   640 amps

and may have access to 1600 amps x 50% = 800 amps

net of 1440 amps of 220-240.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 10, 2019, 03:21:54 PM
Last edit: April 11, 2019, 12:02:27 AM by frodocooper
 #114

ahh minefarmpay does not charge for the tariff? hmmm... makes the price more acceptable.

I cannot use paypal anymore - I ordered 10.6k worth of miners and paid with paypal - never got the miners (first and last time buying from a 3rd party that is not proven thru these forums) had to file a claim, after about 60 days paypal did refund me the money but now will no longer allow me to send/receive/pay/sell using that account.  I guess them eating 10.6k --- I paid and had to wait almost 30 days for the shipping to occur but never did - by that time the seller most likely withdrew all the funds so paypal reimbursed me outta their pocket, I assume.

as for your available power, i am still jealous lol.



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April 10, 2019, 03:26:31 PM
Last edit: April 11, 2019, 12:03:02 AM by frodocooper
 #115

Took me a long time to get good power deals.

As for buying m20's vs s17's I will have multiple complex decisions .  The Clifton build  is about 231 volts max and it sags to 227 volts with current load of 64kwatts.

As for no tax yes it is not tax upfront but I am 90% sure someone will be asking me for tax money 💰😀

The super build will have 1600 amps or 1400 amps.

It is three sites

A 200 - 400 amp not checked yet
A 400 amp checked out
A pair of 400 amp not checked yet.

So in Theory it is at least four services adding to 1400 to 1600 amps.
On three attached pieces of land over 120 acres of mostly cleared horse 🐎  pasture.

This is a multi million dollar project that would be really nice to get it done.
We will be going to the larger property that has two 400 amp services on it. Next week.
It is still in the what if stage.

The Clifton has 2 x 225 amp panels and will soon have 4 x 225 panels. The super fan is in and it is moving along. It is why I need to really check out the s17 gear as it has never been over 237 volts and now with big load it is 227 volts.

This is good for s17s or s15s.

We may move all other gear to super build and load Clifton with all s17s.

Would be nice to have 36 s17s doing 50 th a piece.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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April 10, 2019, 03:35:20 PM
Last edit: April 11, 2019, 12:03:35 AM by frodocooper
 #116

This is good for s17s or s15s.
We may move all other gear to super build and load Clifton with all s17s.
Would be nice to have 36 s17s doing 50 th a piece.

Damn Phil. That sounds amazing. It's nice to see you guys finding so many opportunities to grow. Works out nicely that it's happening amidst all this crazy efficient gear.

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April 10, 2019, 03:45:41 PM
 #117

We may put up a group buy soon, but still gauging demand for US buyers. That said we left the duties as an optional service for this launch since having 12 listings for 4 products seemed like it would be overbearing.

I just DM'd Philip as paypal takes time to transfer funds usually up to 1 business day. When the order was placed looks like Bitmain showed inventory from our API now it's either sold or locked up for now if people can't pay in time. So there are options for Philip to weigh but nothing out of the ordinary for us with new releases or high demand items, just not ideal for a buyer experience.

Stryfe I just re read your DM, please omit my confusion on your request regarding the psu.

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April 10, 2019, 03:50:53 PM
Last edit: April 11, 2019, 12:05:26 AM by frodocooper
 #118

[...]

very nice, I have the land already paid for, almost 1.3 acres. My challenge has been with the electric company and zoning on getting a transformer installed. If I could secure the transformer, I would then get financing to build a data center - I don't want to go too big but maybe something along the lines of 150' long by 75' wide. I could do traditional data center hosting along with mining my own miners and then hosting for others as well. my electricity is not super cheap but it's only .056 so not that expensive either.

Stryfe I just re read your DM, please omit my confusion on your request regarding the psu.

I understood and thanks!



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April 11, 2019, 03:22:20 AM
Last edit: April 11, 2019, 10:59:04 AM by frodocooper
 #119

OVER THE YEARS  more then one 13th s9  did better then a 14th s9

Hmm. I handed over for repair a lot of S9 13th hashblades. And I can't remember I had broken 14th blade...

I have come to realise that the best asic is the one the ROIs faster regardless of effiecny , new gens will always most likely always have a longer ROI period.

Around 7 months here in Siberia. Just for you to know.  Roll Eyes

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April 11, 2019, 06:20:31 AM
Last edit: April 11, 2019, 11:00:19 AM by frodocooper
 #120

Anyway looks like s17 are still sold out for first batch. Let's hope second comes soon in every regard for our friend philipma. Though he wont have to worry about a refund if he requests it. Sorry stryfe, what a shitty ordeal btw.

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