Bitmain Introduces the S17+ and T17+

[Philipma1957cellphone]

Hard to define better.    But s17 vs t17  is about 2400 watts for either one. The s17 does 53th. The t17 does 40th.  So an extra 13th same power for them makes the s17 better.  Price 2100 s17.  Price 1200  t17  makes t17 better.   So 13th for same power use is about 2 dollars a day this means in 450 days at current diff price ratio the s17 surpasses the t17.        450 days is forever in cryptomarket.   If price of coin sky rockets  that 13th will earn 4 or 6 or 8 in a day.  This means the s17 surpasses the t17 in 225 days to 111 days. I try to blend s17pro and t17 when i pruchase.

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[Searing]

I don't suppose there is something that would help the 25% Tariff in the USA, like the T17 being shipped from Maylasia and the S17 being shipped from China?

I'm not getting any, but anything like that going on with various models that folks can tell? Sorry, just a thought?

later

Brad

[philipma1957]

Seems random.  But not sure.

7 units shipped since October 25

2 on October 25  1x s17 53t  1x s17pro 50t  came china to hong kong to usa 1200+ trump tax on 5000 order.  double burn as price dropped on these units.

1 on October 26 2x s17pro     came malaysia to hong kong to usa    67 trump tax and unit was    2200 for 1
2 on October 31 2x s17pro     came malaysia to hong kong to usa  137 trump tax and units were 4400 for 2
2 on October 31 2x s17pro     came malaysia to hong kong to usa 147 trump tax  and units were 4400 for 2

of those 7  guess which 2 were mine   the double burn order!  I ordered a few days earlier  paid more  5000 for 2 vs 4400 for 2 and full trump tax of 1230

about 3075 a unit.

my partners orders  had price drop and just 2.6% tax for about 2300 a unit.

Now if you order  today  will you get a china  departure or a malaysia departure?  I don't know.

But I have more gear shipping this week  these are in my name.

2 t17e's cost about 3350.
I may pay 100 or I may pay 900.

I will post back  on what they do.  My luck another double burn!

[wndsnb]

My S17 pros that arrived on Friday came from China, shipped to Canada.

Phil, were all those orders were placed through the website? I know they were offering the Malaysian units to larger customers, maybe some pulled orders when the price crashed so they started filling some online orders from the extra stock there.

But why would they not create a separate batch for units shipping from Malaysia? Seems crazy to just randomly start sending them out.

[philipma1957]

I have no idea why they sent 5 the cheap way  and 2 the expensive way.

Maybe  they figured out the best way to sell gear to the USA is assemble in Malaysia and ship from Malaysia for every USA order.

And maybe from now on all USA buyers get the gear shipped from Malaysia.

It is some what complicated as to Country of origin since chips are made in Taiwan. The chips are well over 60% of the unit's value.

So if chips are shipped from Taiwan to Malaysia you have the majority of the original parts not made in mainland China.

Yeah

I know Taiwan is considered to be China by China.
I know Hong Kong is consider to be China by China.

But in terms of trump tax it is a USA tax  so it only matters what  the USA considers Taiwan and Hong Kong to be.

If I was  bitmain I would sell every piece to the USA via:

Malaysia - Hong Kong - USA

I can say poor me I am out 1230  vs 147.

but my partners spent 350 vs 2500.

When I get the next order it is in my name.

I am hoping to see if it ships via Malaysia - Hong Kong - USA  and I pay 100 vs 900.

[MoparMiningLLC]

i am hoping my order comes that route too - less tax is better.

[PopoJeff]

I have 3 units on order, due to ship in the next 2 months.  No idea whats gonna happen with tariff.
But I have a friend in Canada I just thought of.  Maybe future orders i can have shipped to him in Canada to avoid tariffs, and then he can forward to me. 

[wndsnb]

I have 3 units on order, due to ship in the next 2 months.  No idea whats gonna happen with tariff.
But I have a friend in Canada I just thought of.  Maybe future orders i can have shipped to him in Canada to avoid tariffs, and then he can forward to me. 

Can't legally do that. Unless you falsify the shipping/import documents, they will charge you 27.6% since it was manufactured in China. Doesn't matter if it stops in Canada.

[PopoJeff]

Can't legally do that. Unless you falsify the shipping/import documents, they will charge you 27.6% since it was manufactured in China. Doesn't matter if it stops in Canada.

Thats what i was afraid of.

[Freemine-001010]

I have 3 units on order, due to ship in the next 2 months.  No idea whats gonna happen with tariff.
But I have a friend in Canada I just thought of.  Maybe future orders i can have shipped to him in Canada to avoid tariffs, and then he can forward to me. 

But mabe that friend in canada wants to drive over to your house and see you ,  then the shpping stops in canada ,
1/3 of the tax should cover gas and expenses     road trip ! 

[Searing]

Hmmm.....I wonder though if they allow buying drugs in Canada to the USA without issues if they would allow 'Computer Servers' purchased USED in Canada via your Automobile. I guess it comes down to if at the USA border they would believe your claim or not. Likely, you'd get away with 1-2 for 'personal use' but anything more, not so much. I give it a 50/50 shot. I'd assume they'd call someone and find out it was an ASIC miner and you'd likely get tag'd or have to go back to Canada with it.

The problem with ASIC equipment is it is just exotic enough that border agents have probably seen it and remember such. Just saying. So sure, give it a try, but have your buddy follow in his car if you don't want to pay the tariff and have it go back.

There also is a 15% vat in Canada (15% National I think it was and 10% province...something like that) so in reality you are talking 12.6% more anyway. For that difference, you could just as well host it in Canada. But then again, if not too much trouble might be worth the hassle if you live in Minnesota or some such.

Anyway, my view, not that it means spit. I am in Minnesota and I don't plan to do this at these ASIC prices anyway.

Brad

[prpz]

Can confirm on my last 3 orders, exactly 13% tax was paid for Ontario, Canada.

[Freemine-001010]

[...]

lol , just make sure you have some large static free bags (like for motherboards) take everything apart and put it in the bags,

call it testing equipment for solving math problems,

[AlecMe]

New stock available for end of December and January:

Antminer S17+ 73TH/s - https://shop.bitmain.com/product/detail?pid=000201911052347597371vby3TxC06C6

Hashrate: 73TH/s

Shipping date: 21-31, Dec. 2019

$2111.00 (a bit cheaper for January)


S17e available as well for $1735 for December - https://shop.bitmain.com/product/detail?pid=00020191105234453852spL85EO4065B

[Searing]

In the bleachers, watching the pro's play down on the field of action...eating popcorn...no way to play even at my little league level with the 25% Tariff in play and/or the USA electric at 9.5c to 10c kWh. Thus, have to get more popcorn...

I did the math on the above at my 'bad' rate of electric of 10c kWh and $9,350.00 USD Bitcoin Price. Using What To Mine site: https://whattomine.com/asic. I get $5.82 a day. At flat difficulty (impossible...but go with this) that is a $5.82 a day into $2,111.00 without shipping nor a USA 27.6% import fee and Tariff as such.

360.85 days ROI, again at a flat difficulty and current $9,350.00 USD price. Getting a bit better, but still way, way, too rich for my blood. Again, IMHO. So I sit here with 'splinters' in my ass on the bleachers watching the others on here, on the field, with the ASIC play by play....alas

later

Brad

[Freemine-001010]

do you really have to upload a passport picture ?

cant get the bit-main site to authenticate my account
 ??

the pitcure is just somting like 20x3 =?  putting in 60 and says can still shop through real name

is this standard ?

[MoparMiningLLC]

do you really have to upload a passport picture ?

cant get the bit-main site to authenticate my account
 ??

the pitcure is just somting like 20x3 =?  putting in 60 and says can still shop through real name

is this standard ?

I gave no passport - Hell, I haven't had one for 20 years - since it was revoked lol

[PopoJeff]

I've never had a passport. The military handled my foreign visits.

But I did upload a pic of my PA drivers license which was accepted as ID.

[Freemine-001010]

so about to buy 5 s17+ 74th model asic miner from bitmain,

first time purchase is there anything you guys reccomend , cupons.

how have you paid for the gear,

Thanks in advance

Freemine

[MoparMiningLLC]

so about to buy 5 s17+ 74th model asic miner from bitmain,

first time purchase is there anything you guys reccomend , cupons.

how have you paid for the gear,

Thanks in advance

Freemine

nice! wish I was making that big a purchase but I lack the reserves for that. after my initial purchase of quite a few miners, I can only do one or two at a time. I always recommend to use coupons if you can.  My first order I paid via bank wire --- I do not suggest that. The fees are retarded. Ever since then I paid in btc or bch.