Pjones (OP)
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June 21, 2014, 06:49:47 PM |
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Since Bitmain delayed the launch by about a week, and there are some speculations around the number of first batch units, it would be interesting to see what the demand looks like.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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cozk
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June 21, 2014, 08:11:25 PM |
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Probably none depending on the price.
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sebdude420
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June 22, 2014, 08:27:37 AM |
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I'm going to get as many as I can!
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OG Bitcoin Miner turned Proof of Stake Validator.
Maxed out Raspberry Pi 4 8GB at 120$ a Day Revenue with ~15K XTZ Bonds in Summer of 2021.
Looking at Proof of Stake systems all across the crypto ecosystem to expand operations.
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Slaine
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June 22, 2014, 10:04:28 AM |
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One or two, but only when they drop to a sensible price and my S1 is only any use for alts.
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Trammel
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June 22, 2014, 11:04:44 AM |
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I will definitely get 1 or 2. But will they really require 4 PCI-e connectors for their power? Can you get a PSU with 8 PCI-e connectors?
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philipma1957
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'The right to privacy matters'
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June 22, 2014, 11:35:15 AM |
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I put none. Since you put at s-2 prices. If it was at the best s-1 price I would buy 10 or more.
Note the best s-1 price I paid was 173 usd an s-1 which was under 1 dollar a gh.
The best s-2 price I have seen is about 1.40 usd a gh. that would be a no go price for me.
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s1gs3gv
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ex uno plures
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June 22, 2014, 01:41:43 PM
Last edit: June 22, 2014, 02:41:12 PM by s1gs3gv |
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With: Estimated Next Difficulty: 16,947,623,526 (+25.89%)
Bitmain will need to think hard about how they price the S3 if they want the product to succeed.
I'd love to have a good reason to buy some.
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lowbander80
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June 22, 2014, 04:01:25 PM |
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With: Estimated Next Difficulty: 16,947,623,526 (+25.89%)
Bitmain will need to think hard about how they price the S3 if they want the product to succeed.
I'd love to have a good reason to buy some.
Also important to be close to competision as rockminer is close to 1btc for 450-480ghs and little more so the S3 has to be close to this |
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s1gs3gv
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ex uno plures
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June 22, 2014, 04:21:29 PM |
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At 20% and $.15 they barely make .8 BTC before they go negative on operating cost at current BTC exchange rate
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Xer0
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June 22, 2014, 05:06:08 PM |
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over 9k
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TheJuice
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June 22, 2014, 05:37:04 PM |
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Depends entirely on price. It's going to have to be sub 0.5 btc.
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Pjones (OP)
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June 22, 2014, 06:00:08 PM |
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Interesting results so far, i won't buy unless it's the lowest priced ghs, but if you look at how Bitmain have priced their products in the past, the first batch pricing probably isn't going to be as low as it was for s1, but maybe slightly lower than s2.
Maybe 90 days after the first batch, we'll start to see the aggressive pricing, maybe sooner if more people held out for faster ROI.
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CTL_ALT_DEL
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June 22, 2014, 08:57:52 PM |
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Maybe Four, eventually; I would be more likely to buy S1 update kits at first. Any word on price/availability for those?
Regards,
JR
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nightyj
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June 22, 2014, 09:12:38 PM |
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Bitmaintech are always the best investment so I will by the more I can  |
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Tupsu
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June 23, 2014, 08:32:50 PM |
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I bought today one Antminer S2 for 2.457BTC and do not intend to buy any S3 .
I need a future 15 sets of the S2 upgrade version Hash Boards, not the obviously overpriced S3.
Of course, I also look forward to buy some Antminer S4.
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taipo
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Kia ora!
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June 23, 2014, 08:47:56 PM |
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In reality, many miners would probably just look at their available wallet balance ( which should be climbing since the S1 went out of stock ), divide the available balance by how many S3's they can get, and deal with the PSU and customs costs when the S3s arrive in the country.....
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dropt
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June 23, 2014, 08:59:19 PM |
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In reality, many miners would probably just look at their available wallet balance ( which should be climbing since the S1 went out of stock ), divide the available balance by how many S3's they can get, and deal with the PSU and customs costs when the S3s arrive in the country.....
I think at a certain point miners should stop spending every last bitcent on more HW and start saving what little BTC they can. |
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philipma1957
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'The right to privacy matters'
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June 23, 2014, 09:24:42 PM |
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In reality, many miners would probably just look at their available wallet balance ( which should be climbing since the S1 went out of stock ), divide the available balance by how many S3's they can get, and deal with the PSU and customs costs when the S3s arrive in the country.....
I think at a certain point miners should stop spending every last bitcent on more HW and start saving what little BTC they can. I have drawn a few conclusions that are close to yours. I have also looked at some facts 1)the summer just started for me in New Jersey USA. 2)In the summer 2k watts are my max. 3)Right now I am at 710 watts. i have 5 blades 6 r-boxes a few fury sticks 4)I ordered 2 more blades so that makes 880 watts. if i get a s-3 i go to 1270 watts so i may not order the s-3 at all |
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iglasses
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June 23, 2014, 09:38:45 PM |
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In reality, many miners would probably just look at their available wallet balance ( which should be climbing since the S1 went out of stock ), divide the available balance by how many S3's they can get, and deal with the PSU and customs costs when the S3s arrive in the country.....
I think at a certain point miners should stop spending every last bitcent on more HW and start saving what little BTC they can. That's what I'm doing. I drained it while I was building up hashrate a little but I haven't added anything since the beginning of May. If the S3 is priced correctly I will buy a few but I'm not going to empty my wallet and start from scratch again...I like having a balance! |
I only have a signature because I'm allowed.
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1l1l11ll1l
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June 23, 2014, 10:24:12 PM |
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With difficulty exploding like it is, they're gonna have to be blody cheap to make it worthwhile. I can't imagine paying more than .7BTC each
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dlowings
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June 23, 2014, 10:33:20 PM |
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Sounds like Bitmain is dropping the s2 form factor AKA "The Last Batch" on their forum thread, so I will look elsewhere for a unit that can sit in a rack . The S2 was a GREAT product, I wish they would have stuck with the development of it ..
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BTC donations welcome:- 1BrersvQubEKt4m2hBXDNvU1B4RiYe6J4i - Feel free to visit wiki.chainminer.com for free hardware listings, and mining info. - IRC on freenode #wiki.chainminer.com
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aurel57
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June 23, 2014, 11:02:18 PM |
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Sounds like Bitmain is dropping the s2 form factor AKA "The Last Batch" on their forum thread, so I will look elsewhere for a unit that can sit in a rack . The S2 was a GREAT product, I wish they would have stuck with the development of it ..
I am thinking the price of the S3 will be priced below the price per GH of the S2 and that is why they held up 1 week on releasing the S3 till they could get rid of all the S2 inventory. |
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-droid-
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June 23, 2014, 11:39:19 PM |
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Sounds like Bitmain is dropping the s2 form factor AKA "The Last Batch" on their forum thread, so I will look elsewhere for a unit that can sit in a rack . The S2 was a GREAT product, I wish they would have stuck with the development of it ..
I am thinking the price of the S3 will be priced below the price per GH of the S2 and that is why they held up 1 week on releasing the S3 till they could get rid of all the S2 inventory. you think itll be lower lower than the $1.45/GH after coupon price or $1.85/GH before coupon price? |
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Biodom
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June 24, 2014, 12:59:28 AM |
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Sounds like Bitmain is dropping the s2 form factor AKA "The Last Batch" on their forum thread, so I will look elsewhere for a unit that can sit in a rack . The S2 was a GREAT product, I wish they would have stuck with the development of it ..
I am thinking the price of the S3 will be priced below the price per GH of the S2 and that is why they held up 1 week on releasing the S3 till they could get rid of all the S2 inventory. you think itll be lower lower than the $1.45/GH after coupon price or $1.85/GH before coupon price? you still have to use a power supply for S3, so should be slightly less. |
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tntdgcr
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Bitcoin Mining Hosting
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June 24, 2014, 01:02:12 AM |
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100 or so , they'll make it match , that part of the biz they are good at ( i just disagree with the scaled repricing for the sake of resale , but if you hold them longer, near parity just less initial c flow in a shortened period ) |
OregonMines is expanding. Are you expanding with us?
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klondike_bar
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ASIC Wannabe
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June 24, 2014, 01:05:35 AM |
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IMo, 0.9-1.1 BTC is the fair price, considering that the miner will probably produce ~1.9BTC over its lifetime, minus ~$400 in power costs at $0.15/kwh.
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scottsecret
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June 24, 2014, 01:12:52 AM |
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It depends if anyone wants to buy all my old outdated mining equipment. LOL.
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DrG
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June 24, 2014, 03:01:37 AM |
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IMo, 0.9-1.1 BTC is the fair price, considering that the miner will probably produce ~1.9BTC over its lifetime, minus ~$400 in power costs at $0.15/kwh.
The difficulty jumps have been tame lately but with KNC shipping another big batch there's a reason we jumped up about 50PH/s in 3 days. I'm guessing we're going to have double difficulty in just 1 month or faster. Unless they're dirt cheap I probably won't be picking up any. |
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Pjones (OP)
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June 25, 2014, 02:42:41 AM |
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I won't be dirt cheap, it will be priced high on day 1 for all of the ballers, and when sales slow down, us poor folk will buy a few.
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R4v37
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June 25, 2014, 02:51:37 PM |
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I won't be dirt cheap, it will be priced high on day 1 for all of the ballers, and when sales slow down, us poor folk will buy a few.
lets assume, this S3 wont ROI, would you still buy? |
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philipma1957
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'The right to privacy matters'
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June 25, 2014, 02:58:54 PM |
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I won't be dirt cheap, it will be priced high on day 1 for all of the ballers, and when sales slow down, us poor folk will buy a few.
lets assume, this S3 wont ROI, would you still buy? yeah I will get one at a minimum as I have a source of power at 3-4 cents a kwatt. right now i am using about 560watts with 3 underclocked s-1's at that spot but I could pull them and run 1 or 2 of these. |
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contactlight
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June 26, 2014, 03:45:24 PM |
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I'll have three since I don't pay for electricity.
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wpgdeez
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June 26, 2014, 04:52:54 PM |
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I'll have three since I don't pay for electricity.
If you don't pay for electricity you would be better off buying S1's since they will be cheaper and efficiency doesn't matter to you. |
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contactlight
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June 26, 2014, 04:56:55 PM |
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I'll have three since I don't pay for electricity.
If you don't pay for electricity you would be better off buying S1's since they will be cheaper and efficiency doesn't matter to you. I actually had an Antminer S1 but I ended up selling it after it made ROI because it was too loud. I'm hoping S3 will be more on the quieter side so that I can keep it in my apartment. I'm thinking of buying at least two, maybe three. |
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Syke
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June 26, 2014, 05:21:39 PM |
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I'll have three since I don't pay for electricity.
If you don't pay for electricity you would be better off buying S1's since they will be cheaper and efficiency doesn't matter to you. Only if you also have unlimited electricity. (PM me if you have free unlimited electricity, I have a deal for you!) You can fit 3 S1s on a 15 amp circuit, for only 600 GH/s. You could fit 3 S3s on the same circuit and get 1500 GH/s! |
Buy & Hold
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Pjones (OP)
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June 27, 2014, 02:22:24 AM |
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No ROI, no care.
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FullLife
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June 27, 2014, 11:18:39 PM |
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Zero
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ScryptAsic
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June 28, 2014, 01:05:08 AM |
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none unless its profitable.
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Blazed
Casascius Addict
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June 28, 2014, 01:11:46 AM |
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Only buying if they have a decent ROI...if not why bother?
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black3000gt
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June 28, 2014, 01:39:35 AM |
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What dies everyone predict the price to be? My guess is that they will launch them around 1.5 Btc, about half the price of the S2. I also bet juan will get a nice GB on these in a little. I am waiting for the group buy!
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contactlight
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June 28, 2014, 01:47:41 AM |
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Only buying if they have a decent ROI...if not why bother?
Honestly, I think it will be. I don't think they'll try to sell a device that will _obviously_ fail a ROI. |
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GIXXER
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June 28, 2014, 04:08:09 AM |
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Only buying if they have a decent ROI...if not why bother?
long term |
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Blazed
Casascius Addict
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June 28, 2014, 04:37:14 AM |
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Only buying if they have a decent ROI...if not why bother?
Honestly, I think it will be. I don't think they'll try to sell a device that will _obviously_ fail a ROI. I agree and if it makes a decent ROI I will be buying 3-4 of them. |
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FlyForFun
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June 28, 2014, 06:26:33 AM |
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Only buying if they have a decent ROI...if not why bother?
Honestly, I think it will be. I don't think they'll try to sell a device that will _obviously_ fail a ROI. I agree and if it makes a decent ROI I will be buying 3-4 of them. If its decent ROI the manufacturer will not sell them |
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Pt0x
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June 29, 2014, 04:18:52 AM |
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I bet Bitmain will ask a MOQ of two S3 to save on shipping costs.
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BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
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armin22
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June 29, 2014, 04:29:31 AM |
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NONE, i'll be eating up the cheap s1's
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r1senfa17h
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June 29, 2014, 04:59:32 AM |
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I'll be buying as many as I can!
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1N3o5Kyvb4iECiJ3WKScKY8xTVXxf1hMvA
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tuaris
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June 29, 2014, 11:37:05 AM |
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Only if it's under $300 (0.5 BTC), anything higher is over priced and only an idiot would buy that.
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FelixGr
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June 29, 2014, 04:46:27 PM |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
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cozk
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June 29, 2014, 04:53:27 PM |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. |
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nexus99
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June 29, 2014, 05:31:15 PM |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. In US dollars they could sell these for 99 bucks a piece and make a huge profit. |
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Pjones (OP)
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June 29, 2014, 05:35:29 PM |
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In US dollars they could sell these for 99 bucks a piece and make a huge profit.
Their cost is higher than $99, so I don't see how they can make a huge profit selling at that price point. |
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nexus99
Legendary
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Activity: 910
Merit: 1000
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June 29, 2014, 05:37:31 PM |
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In US dollars they could sell these for 99 bucks a piece and make a huge profit.
Their cost is higher than $99, so I don't see how they can make a huge profit selling at that price point. I cant imagine how their cost would be north of that. There is nothing to these boxes. a frame, 2 PCBs, a couple fans, a plastic shroud. A little PCB control unit, and assorted components. If they are building 1... sure. But when you order a run of 100,000 units its dirt cheap. |
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Pjones (OP)
Member
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Activity: 70
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June 29, 2014, 06:09:23 PM |
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The PCBs look like they are 1.6mm, about 50 sq inches, silk screened, 4 layers. Even at 100k units, i can't imagine these are less than $20 each for the bare pcb. The controller is a TL-link device, at 100k units, I can't imagine these are less than $15 each. You are already at $55, without any components. 32x28nm chips, assuming they aren't much larger than 12mm sq, 25 layers, and 100k units, tested and packaged, and assuming yields of greater than 98%, maybe $2 each, not factoring in NRE, but including masks and wafers. $64 in chips, now you are over $99. Add in the power regulators, passive components, etc, there is at least - few more bucks there. $5 for the fan, and $5 for each heat sink, so there is $15 there. The screws and mount plates, plastic stand offs, SMA antenna mount, and the thermal paste, maybe another $1. Now you have to pay an assembly house to build the boards, test and package. For something as large as this, I can't imagine it is less than $5 per board, not including the logistics services and shipping.
How did you arrive at less than $99?
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armin22
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June 29, 2014, 06:15:17 PM |
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$140 without shipping? ------> 0.23BTC
I'd say under 0.6BTC is expected.
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cozk
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June 29, 2014, 08:39:18 PM |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. In US dollars they could sell these for 99 bucks a piece and make a huge profit. So fucking what ? The cost is not even in play here. |
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nexus99
Legendary
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Activity: 910
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June 30, 2014, 12:27:22 AM |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. In US dollars they could sell these for 99 bucks a piece and make a huge profit. So fucking what ? The cost is not even in play here. You really don't understand the point? Cute :-) |
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