yslyung
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Activity: 1500
Merit: 1002
Mine Mine Mine
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September 25, 2014, 06:13:53 AM |
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when the buying STOPS, so does the KILLING ! BM please revise or else there ain't gonna be no sales at all. I put my word in here, if the revised price is feasible, I am ordering a minimum of 30 x S4's
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MrTeal
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Activity: 1274
Merit: 1004
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September 25, 2014, 06:19:50 AM |
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SP20, SP35 and S4 are all NOTHING BURGERS .... I don't think they will ROI. Seriously, do the math and save your money.
Most of you have a mistake in your equations. They are based on wrong precondition - you somewhy think that BTC's exchange ratio will be the same as now. Try to imagine it will be 600$ in one month, when the miner will pay for itself in this case? Trust in BTC, otherwise everithing doesn't make sense... Dumbass if you want to speculate on BTC price, do it right and BUY BTC. The point here is that you WONT mine back BTCs that you spent on the S4 +1 Personal attacks aside, this is the truth: If the hardware costs more in BTC than you can mine in a reasonable time, don't buy it. If you think the BTC is going to go up, then buy BTC. Mixing currency speculation into your ROI calculations is just wishful thinking... It's not wishful thinking, unless your power company charges you a constant rate in BTC for a kWh regardless of the exchange rate. At $400/BTC, once the difficulty updates in a few hours someone running an S1 at the default 2J/GH with 13c/kWh power will pull in ~$1.24 a day in BTC, and pay ~$1.25 in power costs.* At $800/BTC, you'd still be making $0.62 a day. Mining calculations are much more complex now than they used to be when you could effectively ignore the cost of power, especially when you're BTC rich/fiat poor and considering buying hardware with Bitcoin. In that case, you're converting real Bitcoins into hardware in the hope you will produce more Bitcoin, with a very large variable operating cost that depends directly on the price on BTC. If I convert 14.9BTC into 14TH/s with the Prismas and the price stays at 400 , at 10% increase per jump decreasing by 5% per jump, I would only make back about 8.5BTC before I would shut it off. Less BTC than I started with, so bad deal obviously. If the price immediately jumped to $800 though and stayed there, with the same network conditions I would pay off my 14.9BTC after 28 weeks, even with paying power costs weekly. The massive caveat here is that the network difficulty will behave much differently at $800 than at $400. *That stat in itself pretty amazing. Without the price going up, there is a lot of relatively recent mining hardware that is going to be shutting off or sold for pennies on the dollar to someone with cheap power. It's only going to take another doubling before people paying 6c/kWh are shutting off S1's, and everyone over 10c/kWh will be effectively mining for nothing with every KnC Jupiter, Cointerra, A1, S2, or HF board made.
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MrTeal
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Activity: 1274
Merit: 1004
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September 25, 2014, 06:23:59 AM |
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On a related note, BTCInvest needs to add a Mine + Hold (less power) to their tallies, where you cash out enough BTC at the current exchange rate to pay your power cost, and hold the rest.
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lowbander80
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Activity: 1036
Merit: 1000
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September 25, 2014, 06:25:31 AM |
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they most probably have done a market research for this miner price 3.4 failed so there they go again...back to 0 with more thinking on what to cut
1)psu 2) box or no box 3) with or without Shipping
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shahadil
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September 25, 2014, 06:26:20 AM |
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Bitmain surprised us while launching the S3 by pricing it lower than what the market expected. They should do the same with the S4 as well. It should be priced under 2 BTC. Mining is not about just seeing how long it takes to break even. i need to make a reasonable profit. Atleast 10-20% if not more.
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suchmoon
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Activity: 3892
Merit: 9108
https://bpip.org
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September 25, 2014, 06:43:45 AM |
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It's not wishful thinking, unless your power company charges you a constant rate in BTC for a kWh regardless of the exchange rate. At $400/BTC, once the difficulty updates in a few hours someone running an S1 at the default 2J/GH with 13c/kWh power will pull in ~$1.24 a day in BTC, and pay ~$1.25 in power costs.* At $800/BTC, you'd still be making $0.62 a day.
That's all good, but it does not invalidate the argument that in most of these scenarios you'd be much better off by buying BTC or holding the ones that you have. In other words if you need BTC to reach $600+ to break even on most current hardware, then why not just hold the BTC until it's $600 and decide then if you still want to buy the hardware, especially if it's priced in USD. I did just that earlier this year with some S2/SP10 purchases and they turned out great, much better than if I purchased the hardware a few weeks earlier at a worse exchange rate. If BTC doesn't reach $600 or whatever the target is then BTC is still in your wallet.
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vortexz
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Activity: 1120
Merit: 1001
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September 25, 2014, 07:51:07 AM |
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I still hope they will ship s4 before september ends, but this time with a decent price !!! I am looking forward to buy 3-4 pieces if they are sold around 2 BTC
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aclass
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September 25, 2014, 07:52:59 AM |
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at around 2 BTC price S4 will be sold out in minutes
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BitcoinRuinedMyLife
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Activity: 61
Merit: 10
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September 25, 2014, 08:04:02 AM |
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Bitmain surprised us while launching the S3 by pricing it lower than what the market expected. They should do the same with the S4 as well. It should be priced under 2 BTC. Mining is not about just seeing how long it takes to break even. i need to make a reasonable profit. Atleast 10-20% if not more.
If you think manufacturers are making hardware to help you roi and make profit you are in the wrong business at around 2 BTC price S4 will be sold out in minutes
Yeah. It would be so silly to price that unit at 2BTC.
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aclass
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September 25, 2014, 08:07:38 AM |
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Yeah. It would be so silly to price that unit at 2BTC.
exactly my point, but didn't want to put that out in the open
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BitcoinRuinedMyLife
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Activity: 61
Merit: 10
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September 25, 2014, 08:11:41 AM |
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Yeah. It would be so silly to price that unit at 2BTC.
exactly my point, but didn't want to put that out in the open Will be interesting to see the next few days. Not only is the difficulty of bitcoin rising, but the difficulty of bitmain executing their business plan is too
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Tupsu
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Activity: 1218
Merit: 1003
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September 25, 2014, 08:51:16 AM |
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Greed is a BAD thinking in any religion in the world, buddy... So you CAN fault anybody...and any business for been GREEDY...OK... ZiG EDIT...: $1450... I am NOT buying this S4..."no way, Jose"... I will go with SP-Tech SP20 for $1190 ...1.8TH...Later... Do not forget SP20´=$1190 + $160 EU ($119 US) = $1350 + PSU (1100W) + 20 days laterIs it really cheaper.
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cloh76
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September 25, 2014, 11:00:43 AM |
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Site down again - hopefully it comes back up with a more competitive price
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[ BTC Donations: 13RNJdT72WEd1FsT3CwdJ6jy9NAa7Hsb54 ]
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ImogenV
Newbie
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Activity: 24
Merit: 0
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September 25, 2014, 11:06:19 AM |
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Has this always been on the front page of the thread? AntMiner S4 2TH/s, with extraordinarily high power efficiency and enormously powerful hashing capacity, now is available for global sales. The 1st Batch of AntMiner S4 is 1,450 USD each, which is estimated to be shipped before September 29th. Shipping not included. This Batch will be on sale at 22:00pm Sept. 25th BeiJing (UTC +8 Time Zone)
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shahadil
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September 25, 2014, 11:10:34 AM |
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Shipping not included! thats a first
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ImogenV
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Activity: 24
Merit: 0
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September 25, 2014, 11:12:38 AM |
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Specifications: * Chip Operating Voltage: 0.72V * Chip Quantity per unit: 160 * Hash Rate: 2,000GH/s guaranteed * Power Efficiency: 0.69Watt/GH/s at the wall * Over clocking: About 10%, but not guaranteed * 3U Rack 432mm*442mm*133mm * PSU inside: 1400W, 80PLUS gold. Power line not included. You may look for one line with no less than 16A in your local market * Temperature: 40-50 degree Celsius tested in the mining farm * Fan Speed: 3900RPM * Stable but a little bit noisy * Ethernet connection, Stand alone * Certificate Compliance: FCC/CE
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aclass
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September 25, 2014, 11:14:55 AM |
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So the site is down to enable the selling of S4. In addition to the price which will be $1450, one will have to ADD shipping as well
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area3121
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September 25, 2014, 11:16:54 AM |
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still @ 1,450
" " The 1st Batch of AntMiner S4 is 1,450 USD each, which is estimated to be shipped before September 29th. Shipping not included. This Batch will be on sale at 22:00pm Sept. 25th BeiJing (UTC +8 Time Zone) " "
nah... wtf
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aclass
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September 25, 2014, 11:18:26 AM |
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aaand the site is back up
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vipgelsi
Legendary
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Activity: 1736
Merit: 1001
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September 25, 2014, 11:21:05 AM |
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aaand the site is back up
Whats the average shipping cost to eastern USA?
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