Bitmain to release S17E 64TH

[Bobbin]

Bitmain just released 64 Th at 2200 watts shipped in 3 days after payment. Once again, Bitmain is on a major cash grab. Diff jumps are going vertical. By today's metrics this offering gets you ROI by halvening. But...no way that holds. These will be 16 months minimum ROI. Bitmain is at it again. wait for newbs to go broke, then by their gear. That's what I've done the last three cycles. NEVER buy these hype/cycle peaks. People laughed when I predicted that you could buy S9I 14 th for $200.00. I bought 100's of them from $369.00 down to $225.00. My new prediction....wait and buy S17's for $500.00 new in the box post halvening. You heard it here first. $10,000,00 BTC will be the new $3,000.00 BTC.

If you are referring to the email from 'bitmain team' (actualy: kanormoched@gmail.com)that hyperlinks to 'bitmain-store.org'
i would be very suspicious. they have made a very good copy of the bitmain store.

[1714914735]

1714914735

[1714914735]

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[xxxABJxxx]

Bitmain just released 64 Th at 2200 watts shipped in 3 days after payment. Once again, Bitmain is on a major cash grab. Diff jumps are going vertical. By today's metrics this offering gets you ROI by halvening. But...no way that holds. These will be 16 months minimum ROI. Bitmain is at it again. wait for newbs to go broke, then by their gear. That's what I've done the last three cycles. NEVER buy these hype/cycle peaks. People laughed when I predicted that you could buy S9I 14 th for $200.00. I bought 100's of them from $369.00 down to $225.00. My new prediction....wait and buy S17's for $500.00 new in the box post halvening. You heard it here first. $10,000,00 BTC will be the new $3,000.00 BTC.

I think the same.

But if you want to change your setup i think difficult.

One S17 56T are equal to 4xS9 14T.

In europe you become today maybe $450 for one S9i/j. If BTC price drops to $3.000, you become maybe $50 for one S9i/j.
You lost 4x $400= $1.600, become $200 for four S9 and must buy one S17 in this time for $500.

-  1.600
+ 200
-  500
= -$2.300.

So if you now sell 4 S9´s for $450 you can pay for one S17 max. $2.300.

This math with energy costs, you drive better with one S17.

[Epochjump]

If you are referring to the email from 'bitmain team' (actualy: kanormoched@gmail.com)that hyperlinks to 'bitmain-store.org'
i would be very suspicious. they have made a very good copy of the bitmain store.

You are absolutely correct! Almost an exact clone of the main site. I have them up now side by side. Unbelievable. Here's the pirate site. h**ps://bitmain-store[dot]org/shop/00020180710164901333EGb4bPcY0681aa.html

They also ONLY accept LTC, BCH, BTC while stating they take USD wire transfer. Biggest clue overall is that you are buying an APW7 PSU along with the "unit". Even though te new units have their own built in. Thanks for the heads up!

[favebook]

Please try to avoid giving fake info if your source is not valid and checked. Also, feel free to report such fake websites to this forum thread:
Fake Bitmain Antminer websites (updated 16.07.2019)

Also, you are correct that a big clue of it being fake is APW7 PSU bundle with S17e. However, there are a lot more clue before that. Firstly, website is missing a lot of UI features. Secondly, it is completely and poorly copied version of original website. Thirdly, you can login to their website with any mail and password.

So next time please refer to their one and only website: Bitmain

[Thetaj]

This machine, if it weren't for the price, would be very well worth it, but with the price right now even with 2c electricity (which some of us have). It wouldn't even ROI in terms of Bitcoin till well after the halvening

[philipma1957]

S17e on bitmain at a bargain price of 2544

https://shop.bitmain.com/product/detail?pid=00020190917150939672JFWahe97068C


it is a reference price ie can only go lower when it sells quote is from link above.

"1. The product price indicated on this page (hereinafter referred to as the “Product Reference Price”) is only the reference price. The actual transaction price of the product (hereinafter referred to as the “Actual Transaction Price”) is determined by us according to the market conditions before the delivery of the product. We promise that the Actual Transaction Price of the product does not exceed the Product Reference Price."

It is a good deal?

they also are doing the s17pro  at 2107

https://shop.bitmain.com/product/detail?pid=000201909171505196803x1hG7pp06A2


is this a way to cut whatsminer's to ribbons?

[Biffa]

Not sure if its a good deal or not, its a lot of money to tie up till December, but then people seem to be happy doing it, the November batches sold out pretty quickly.

One thing though, I think those ones are just normal S17's @45W/T because I thought the Pro's are like 39W/T

Its sort of in the middle compared to the whatsminers, compared to the M20S its better power usage by 3W/T and cheaper, but its slower by 15TH

And compared to the M20 its still better power usage and its more expensive, but its faster by 8TH

M20S - 68TH @ 48W/TH - $2589
S17  - 53TH @ 45W/TH - $2107
M20  - 45TH @ 48W/TH - $1830

What it does do is spank the Inno T3-50T which is slightly (3TH) slower and uses 62W/TH at around the same price. But then the Inno is avail now, not in 3 months.

Of course the surprise outsider is the Avalon 1066 which is the same speed as the Inno, uses 63W/TH, costs $400 or so less than both. And is avail in Nov.

Decisions, decisions!!

[philipma1957]

well I have staggered orders

inno for aug------------50t came on sept 12th
bitmain for sept--------56th due sept 20-30
avalon for oct-----------106th due oct
bitmain for nov--------- 106th due nov

I am not sure I need to add for dec.

[MoparMiningLLC]

what's the price limit to avoid tariff?

[philipma1957]

what's the price limit to avoid tariff?

These are trump tax 800 is the cut off.

I will soon see this as my s9 order is 798 usd

[wndsnb]

It would be nice if they gave us a formula for how they'd calculate the price. At least what circumstances would lead to a lower price. If a competitor releases a 45W/TH miner at a lower price for Dec. delivery, will the match it?

[philipma1957]

Well the reference price is a new idea.

Last week they had a stupid high price 3200 or 3300 for it.

The 2544 is much better for the s17e

2544/64 = 39.75

2107/53 = 39.75.  S17.

Both are good numbers it is the lessor efficient model.

But this is an insurance policy for a miner.

Buy an s17 for 2107. The price will not go up.

But if conditions change they will issue a coupon to make up for it.

So if the m20 is dropping and lots of other gear is dropping in price.

You may get a four or five hundred dollar coupon for more gear.

No one else is offering this preorder insurance.

I see it as a direct attack on Whatsminer gear. Since most of the gear is priced out to Jan.
I also see it as an attack against the innosilicon t3 50t which is now promised to ship under 8 days.

[MoparMiningLLC]

These are trump tax 800 is the cut off.

I will soon see this as my s9 order is 798 usd

thanks. wasnt sure if it was 800 or 1000

[philipma1957]

Ordering the s17 for dec may be smart to do if trump taxes are ended it becomes a very good deal to buy one.

[MoparMiningLLC]

yea. debating it. still in the air if I just ride out what I have until after the halving. I am super intrigued to see what happens when rewards are slashed - will huge farms shut off? will the difficulty drop back under 10? or even lower? how much will transaction fees increase? if they go too high, I can see that as a huge turn off for people trading --- all again depending on how the price climbs as well.

[wndsnb]

Ordering the s17 for dec may be smart to do if trump taxes are ended it becomes a very good deal to buy one.

I'm not seeing Trump taxes going away before the election. China is trying to run out the clock. In my opinion, more chance of tariffs going up by December.

[philipma1957]

I'm not seeing Trump taxes going away before the election. China is trying to run out the clock. In my opinion, more chance of tariffs going up by December.

Maybe it is possible you are correct.

[digital$]

Well the reference price is a new idea...

microbt cant beat that...if they could they would...inno is and has always been in a "outfielder" position

[philipma1957]

I just got this for my s9k order totally unexpected  the price war has started!

Actual Transaction Price of Antminer S9k-13.5TH/s
Sep 18 at 7:21 AM

webmaster @ bitmaintech . com <webmaster @ bitmaintech . com>
To: phil... @ yahoo.com
Dear customer,
Thank you very much for your purchase of our products.  
You are receiving this email to inform you that we will issue the Actual Transaction Price of Antminer S9k-13.5TH/s(Shipping date: 20-30, Sep. 2019)
 
Item No.
Product Reference Price
Actual Transaction Price
Antminer S9k-13.5T
310USD
253USD
 
1. If the Actual Transaction Price of the product is lower than the Product Reference Price, the remaining amount will be generated in your account.
You may use the remaining amount to purchase additional products at the Actual Transaction Price, or you may use the remaining amount to purchase
other products shown on the website that are available for purchasing.
2. If the actual price of our same product is lower than the Actual Transaction Price within 10 natural days after the delivery of the products (i.e., delivering to the carrier)
(hereinafter referred to as the “Insured period”), we will calculate the difference of the Actual Transaction Price and the lowest actual price during the Insured Period,
and issue the coupons of the same amount as the difference to you. The usage rules of coupons are subject to the instructions upon coupons issuance.

[MoparMiningLLC]

and what would they do if the transaction price was higher? make you pay more?

also - does anyone have any valid coupons even? I used to get them by the dozens for prior orders but I have made 4 or 5 orders now and have received none.