Why everyone here suggests not to mine? Explain it!

[philipma1957]

I did better with the  2 s-3s as selling 2 s-3s today for 300 each would be a breeze.

I seriously doubt it unless you find a complete moron. A brand new S3 and a brand new PSU would only cost you $320. I think you'd be lucky to get $200 for the S3s.

http://www.ebay.com/sch/i.html?_from=R40&_sacat=0&_mPrRngCbx=1&_udlo=275&_udhi=325&_nkw=antminer+s-3&rt=nc&LH_BIN=1


the lowest 4 on ebay range from 325 to 344

Like I said, you'd have to find a complete moron. They're only $270 USD directly from Bitmain's official site. The top ebay link costs $325 + $121.65 shipping, for 10th of October delivery. 

bitmain'S official site does not have them up for sale  .

SO ONCE AGAIN SHOW ME A LINK FOR A NEW MINER AT 280.

[1714544639]

1714544639

[Mabsark]

bitmain'S official site does not have them up for sale  .

SO ONCE AGAIN SHOW ME A LINK FOR A NEW MINER AT 280.

ANTMINER S3+ -B8
Speed:    453 GH/s
Price:      0.58 BTC

https://www.bitmaintech.com/productDetail.htm?pid=00020140813125800214NBU85kWt0672

0.58 BTC * 478 USD/BTC = 277.24 USD

That's how much batch 8 S3s officially cost and batch 9 S3s will likely cost less and start shipping in October.

[jonnybravo0311]

bitmain'S official site does not have them up for sale  .

SO ONCE AGAIN SHOW ME A LINK FOR A NEW MINER AT 280.

ANTMINER S3+ -B8
Speed:    453 GH/s
Price:      0.58 BTC

https://www.bitmaintech.com/productDetail.htm?pid=00020140813125800214NBU85kWt0672

0.58 BTC * 478 USD/BTC = 277.24 USD

That's how much batch 8 S3s officially cost and batch 9 S3s will likely cost less and start shipping in October.

I think the point is that you cannot order either the batch 8 or batch 9 units at this time.  Yes, the officially listed price is 0.58BTC for the batch 8 units, and it's very likely the batch 9 units will be priced lower; however, since you can't actually order one, the price is kind of irrelevant.  If you want an S3 right now, you're going to have to find a reseller, or a private sale - and those prices are going to be higher than what Bitmain lists.

[bomb177]

I have tried with cloud mining but couldn't earn anything with it.

[Mabsark]

I think the point is that you cannot order either the batch 8 or batch 9 units at this time.  Yes, the officially listed price is 0.58BTC for the batch 8 units, and it's very likely the batch 9 units will be priced lower; however, since you can't actually order one, the price is kind of irrelevant.  If you want an S3 right now, you're going to have to find a reseller, or a private sale - and those prices are going to be higher than what Bitmain lists.

The units linked to aren't shipping now either though and there's the chance you might not even receive anything from a "reseller". Buying overpriced miners from ebay and similar sites is just a bad idea.

[jonnybravo0311]

I think the point is that you cannot order either the batch 8 or batch 9 units at this time.  Yes, the officially listed price is 0.58BTC for the batch 8 units, and it's very likely the batch 9 units will be priced lower; however, since you can't actually order one, the price is kind of irrelevant.  If you want an S3 right now, you're going to have to find a reseller, or a private sale - and those prices are going to be higher than what Bitmain lists.

The units linked to aren't shipping now either though and there's the chance you might not even receive anything from a "reseller". Buying overpriced miners from ebay and similar sites is just a bad idea.

I completely agree.  I was just pointing out that if you wanted to purchase an S3 right now your only option is to go with a private sale, either through ebay or some other channel.  Both cases would lead you to pay a higher price than what Bitmain lists the units.  Supply and demand and all that. 

[BTCish]

So when would S4 miners will be announced  ?