ANTMINER S4 2TH/s, Batch 1 on Sale this week, shipping before Sept. Ends

[Flep182]

It'll have to be a quick sale then, it's the 17th and they're planning on shipping the 20st. With no verifiable details whatsoever atm.

Very curious.

I stand corrected, they want to start shipping before EOM.

[iglasses]

Difficulty sky-rocketing
Coin dropping like a stone
S3 roll out sucked
S4 will be over priced
Bitmain is mining with these RIGHT NOW

PASS.

[Pt0x]

Anyone else thinks this device will use 3U ? or is just me? Maybe the PSU won't let Bitmain do the change. But how knows.

[mazedk]

Anyone else thinks this device will use 3U ? or is just me? Maybe the PSU won't let Bitmain do the change. But how knows.

Could be they spend some time getting a proper sized PSU from somewhere in china.. shouldnt be too big of a deal if they order 50.000 of them

[R4v37]

Difficulty sky-rocketing
Coin dropping like a stone
S3 roll out sucked
S4 will be over priced
Bitmain is mining with these RIGHT NOW

PASS.

dont care if they're mining using these S4 right now
i only care for the price

check hashnest.com
even 2TH/s , u have to pay BTC2.7
by selling S4, i dont think it'll be below BTC2.7
maybe BTC3 or so

[Phosphorous]

Anyone else thinks this device will use 3U ? or is just me? Maybe the PSU won't let Bitmain do the change. But how knows.

Yes, it looks 3U to me.

[seriouscoin]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?
For every S4 sold, it will fund 5x S4s for their farm.

What do you suggest as an alternative?

alternative to what? losing money? when you pay more BTC than you can ever mine for a device, then you're dumb as fck.

All the money ppl've invested into bitcoin mining end up in hardware vendors pocket. Meanwhile they have capital to build mining farm at the ideal operating expenses to compete with their customers.


Go ahead if you think you can make money. 99% new miners are get-rich-quick idiots anyway. Ppl who made tons of money from mining btc already quit.

[generalt]

They need a little time to swap all the S2's in their farm with S4's then they will start shipping customers equipment once they have rode out another difficulty increment at increased hash rate 

Yup.  Once this is released difficulties will skyrocket.  If they price it too high, then you never ROI.  If they price it low, then they sell a ton of them and difficulties sky rockets and again you never ROI.

I wonder what happens to all their old S2's from their farm.  I wished they would sell those really cheap.

[letyouearn]

Hello Sir,

I am From India. I am looking to buy Bitcoin Miner .

If I Order it from you, Are you able to do shipping to maharashtra, India.

If its possible, then I am going to order it .

Plz pm me with more details about shipping to India.

+1

This dude is awesome. I like the way he thinks.

On a side note. kinda looks 3u sizable doesnt it? - if the image is sized properly.. Would be nice to fit 2ths in 3u.. I wouldnt mind

Thanks mate.

[kendog77]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

[pedrosoft]

I'm, as always, interested on new products of bitmaintech. But I continue to prefer modular design

[daddyfatsax]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

They are like the Walmart of BTC miners. I have bought dozens of Bitmain's miners. Never had issues with any of them, knock on wood.

[vortexz]

come on guys, you said sales will start this week, it's already wednesday and we have no info about price, shipping, power consumption, psu, etc etc
I think it's time for you to give us some more info !

[Count_Frackula]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

They are like the Walmart of BTC miners. I have bought dozens of Bitmain's miners. Never had issues with any of them, knock on wood.

That's just insulting.  That implies that they make crappy products at cheap prices.  Maybe the Amazon of BTC miners is a better analogy.

[edonkey]

come on guys, you said sales will start this week, it's already wednesday and we have no info about price, shipping, power consumption, psu, etc etc
I think it's time for you to give us some more info !

+1

The other day I asked for the unit's dimensions, which seems like a harmless request, and haven't gotten a response. If I'm going to get any of these, I have to plan where I'll put them.

Also, some of us (like me) don't have a lot of spare BTC laying around. If the S4 makes sense, I'll probably have to convert from fiat. That takes time, which means that if I don't have pricing info in advance of them taking orders, I won't be part of batch 1.

They should put up the info, including price, and hold off on orders until they're ready.

[Tigggger]

I wonder what happens to all their old S2's from their farm.  I wished they would sell those really cheap.

They already sold them to a bunch of suckers.... see hashnest.com

[TheJuice]

Does anyone know of this is the same chip repackaged or a new chip? Probably the same chip which would put this on the edge of too much for the home. 

[s1lverbox]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

As usual, they making money with units which hashing for them. If profit was small they wouldn't sell them and just drop everything to make as much btc as possible.

You want really cheap miner? Stop buying them and watch what will happen with price.

[seriouscoin]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

As usual, they making money with units which hashing for them. If profit was small they wouldn't sell them and just drop everything to make as much btc as possible.

You want really cheap miner? Stop buying them and watch what will happen with price.

+1
I will let these idiots enjoying their dream of making money, trying to compete with 5cent/KWh. LOL

[kendog77]

You idiots should stop funding Chinese mining farm.... seriously you think you can beat them?

For every S4 sold, it will fund 5x S4s for their farm.

Bullshit.

I don't believe for a second that Bitmaintech is making a huge profit on every miner they sell. Guy from Spondoolies, who knows a heck of a lot more about other manufacturer costs than you do, said that Bitmaintech's margins are very, very low in the post below.

https://bitcointalk.org/index.php?topic=521520.msg8516387#msg8516387

A bit of simple math proves that he is correct. A S3 currently sells at .58 BTC, which is ~$264 at the current BTC price of $455. Bitmain has non recurring costs for engineering and development, labor costs for assembly, facility overhead costs, material costs, taxes, and shipping costs. After everything is said and done, I would be surprised if they make a 10% profit on each S3 sold.

Bitmain is making their money by selling a lot of miners with a really low profit on each one.

As usual, they making money with units which hashing for them. If profit was small they wouldn't sell them and just drop everything to make as much btc as possible.

You want really cheap miner? Stop buying them and watch what will happen with price.

+1
I will let these idiots enjoying their dream of making money, trying to compete with 5cent/KWh. LOL

The cost to produce a miner is completely independent of whether or not it will ROI. Bitmain cannot control the network difficulty or price of BTC, and it is not their fault if miners can't do simple math and continue to over invest in mining hardware.

There is a floor to how low miner prices can do based on the cost to produce it, and if Bitmain can still manufacture and sell miners at a profit, they will continue to do so.

Bitmain does make quality products, but I also believe that their margins have to be pretty small at this point in time.

$500 BTC at a 30B difficulty is very bad for miners and miner manufacturers.