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Author Topic: ANTMINER S4 Discussion and Support Thread  (Read 300190 times)
jb0316
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September 25, 2014, 04:51:24 PM
 #41

Bitmain, congratulations on the release of the S4.  Unfortunately, the pricing and efficiency do not justify the purchase.
Amen! all of that HYPE! for nothing! Already better price points available in the market now.  Even from Bitmain on the S3s and purchasing a power supply.

What confuses me is  why go through all of that just to disappoint your buyers?

simple, they want to drive people to their cloud product where they have more control over the customer and less exposure to liability .
Very well stated, hadn't even crossed my mind. Went from selling a somewhat decent product to a cloud hustle.
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philipma1957
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September 25, 2014, 05:00:09 PM
 #42

Bitmain, congratulations on the release of the S4.  Unfortunately, the pricing and efficiency do not justify the purchase.
Amen! all of that HYPE! for nothing! Already better price points available in the market now.  Even from Bitmain on the S3s and purchasing a power supply.

What confuses me is  why go through all of that just to disappoint your buyers?

simple, they want to drive people to their cloud product where they have more control over the customer and less exposure to liability .
Very well stated, hadn't even crossed my mind. Went from selling a somewhat decent product to a cloud hustle.


well the unit is about 1600 usd shipped to me in New Jersey ,USA 

 I can buy 2900 shares of  their cloud for  the same price.

  So 2.9th and no hassles vs 2.0th and hassles

Or I can buy from cex.io about 2.2th easy to trade shares this makes the s-4 very hard for a little guy.

  I did get 1 s-3 on ebay a week ago and I ordered 1 s-3 on ebay last night.

 my cost for the 2 was about 540 usd. will stay with them for now.

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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September 25, 2014, 05:14:58 PM
 #43

Bitmain, congratulations on the release of the S4.  Unfortunately, the pricing and efficiency do not justify the purchase.
Amen! all of that HYPE! for nothing! Already better price points available in the market now.  Even from Bitmain on the S3s and purchasing a power supply.

What confuses me is  why go through all of that just to disappoint your buyers?

simple, they want to drive people to their cloud product where they have more control over the customer and less exposure to liability .
Very well stated, hadn't even crossed my mind. Went from selling a somewhat decent product to a cloud hustle.


well the unit is about 1600 usd shipped to me in New Jersey ,USA  

 I can buy 2900 shares of  their cloud for  the same price.

  So 2.9th and no hassles vs 2.0th and hassles

Or I can buy from cex.io about 2.2th easy to trade shares this makes the s-4 very hard for a little guy.

  I did get 1 s-3 on ebay a week ago and I ordered 1 s-3 on ebay last night.

 my cost for the 2 was about 540 usd. will stay with them for now.

Make sure to upgrade your CG Miner. The version shipped by BitMain on S1, S2, and S3, (S4 unconfirmed) has widely documented security holes and BM isn't releasing their code even though it's licensed as open source development.

Instructions here: https://bitcointalk.org/index.php?topic=671189.msg8731716#msg8731716
vortexz
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September 25, 2014, 05:22:12 PM
 #44

i wonder if anyone actually bought this ?


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OneCardShy
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September 25, 2014, 05:30:23 PM
 #45

And people are buying these like crazy! Must be a real bargain. Maybe I should get in line after all.  Shocked

Not so much...
http://btc.blockr.io/address/info/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ

26 orders in 90 mins - although I do feel sorry for whoever dropped 103BTC - ain't gonna see them back, this side of 2015!!!


Well... at least BitMain should be able to keep up without any shipping backlog.  Grin

That also means they can keep the units in their farm longer without having to uninstall them to ship out. Imagine the labor costs they are saving with their inflated prices.  Wink

TheJuice
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September 25, 2014, 05:30:41 PM
 #46

i wonder if anyone actually bought this ?

It's hard for manufactures these days given the stagnant/declining btc price. during gen 1/2 of asic price was rising and made the next gen much easier to buy/make. 3+ btc for 2TH in this market is hard to swallow.  

kendog77
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September 25, 2014, 05:37:32 PM
 #47

As mining approaches equilibrium, this is exactly what should happen! I don't think Bitmain is being evil or trying to price gouge. I'm sure they are just trying to make a small profit on each S4 they sell.

If miners were smart, which collectively they have proven that they are not, the S4 would not sell very well, which would cause manufacturers to reduce production and cause difficulty increases to level off.

If you don't think the S4 will ROI in BTC, please don't buy and encourage Bitmain to make more of them!
iglasses
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September 25, 2014, 05:42:24 PM
 #48

The only never ending process here is h/w guys screwing miners by selling them equipment months too late for it to be useful. 

I only have a signature because I'm allowed.
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September 25, 2014, 05:43:25 PM
 #49

We created a monster.
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September 25, 2014, 05:48:58 PM
 #50

sorry Bitmain, not buying, too expensive, and there is no way I can ROI even in cheap place like Canada where it's cold and electricity is cheap. Thanks but no thanks.

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September 25, 2014, 05:56:47 PM
 #51

We open sales in USD https://112bit.com

Regards

Juan


 
 
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testerman
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September 25, 2014, 05:58:15 PM
 #52

sorry Bitmain, not buying, too expensive, and there is no way I can ROI even in cheap place like Canada where it's cold and electricity is cheap. Thanks but no thanks.



even if electricty is free, with the last 10 difficulty level, that s4 will never ROI, i think you know that too , dont you ?

*** THIS AREA IS NOT FOR SALE ***
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September 25, 2014, 05:58:40 PM
 #53

We open sales in USD https://112bit.com

Regards

Juan


Hi Juan,
As a reseller how is the initial response?
iglasses
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September 25, 2014, 06:00:14 PM
 #54

The antpool is now %4 of the network so about 10,000Ths
how many S4's and yet to be sold (batch 10) S3's is that?

Every miner you buy has already made probably 8-10x what it cost them to build...then they sell it at an inflated price and slowly trickle it back into the network while we hopelessly try to break even.

All this while the coin continues to drop and the other big hardware guys do the same.

Rinse...repeat.

F it...I'm out.

I only have a signature because I'm allowed.
psjw4450
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September 25, 2014, 06:06:11 PM
 #55

I have coupons for Antminers S4 .10 BTC PM ME.  
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September 25, 2014, 06:07:12 PM
 #56

Quote
only one coupon can be used per S4.

This is scam-ish at best.
ZiG
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September 25, 2014, 06:08:50 PM
 #57

The antpool is now %4 of the network so about 10,000Ths
how many S4's and yet to be sold (batch 10) S3's is that?

Every miner you buy has already made probably 8-10x what it cost them to build...then they sell it at an inflated price and slowly trickle it back into the network while we hopelessly try to break even.

All this while the coin continues to drop and the other big hardware guys do the same.

Rinse...repeat.

F it...I'm out.

+100

But I am not out...yet...Made ROI last month...will milk them until electric bills are paid... Grin

ZiG
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September 25, 2014, 06:10:08 PM
 #58

The antpool is now %4 of the network so about 10,000Ths
how many S4's and yet to be sold (batch 10) S3's is that?

Every miner you buy has already made probably 8-10x what it cost them to build...then they sell it at an inflated price and slowly trickle it back into the network while we hopelessly try to break even.

All this while the coin continues to drop and the other big hardware guys do the same.

Rinse...repeat.

F it...I'm out.

Antpool's new hashing power comes from large private miners who are using ANTMINER product and not satisfied with the unstable connection to ghash (from China) and high fees in other pools. Thanks.

Cloud Mining? Just Go to Hashnest.com          Best Liquidity   Lowest Price   100% Real Mining Back Up
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September 25, 2014, 06:11:47 PM
 #59

As mining approaches equilibrium


+1

Cloud Mining? Just Go to Hashnest.com          Best Liquidity   Lowest Price   100% Real Mining Back Up
dlowings
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September 25, 2014, 06:14:24 PM
 #60

As mining approaches equilibrium, this is exactly what should happen! I don't think Bitmain is being evil or trying to price gouge. I'm sure they are just trying to make a small profit on each S4 they sell.

If miners were smart, which collectively they have proven that they are not, the S4 would not sell very well, which would cause manufacturers to reduce production and cause difficulty increases to level off.

If you don't think the S4 will ROI in BTC, please don't buy and encourage Bitmain to make more of them!

I'll have to disagree with what you said.. Its easy to make the statement you did because you know that the mark up from Bitmains base price is a complete unknown .. I deal with hardware cost all day long… I've looked at the units, the case, components, ect … You can tell me all you want until you are blue in the face that they are making a SMALL profit on every unit, and I beg to differ.. The biggest part of development was the chip, after that everything is legos and moving stuff around in a cad program… Bitbain could have went lower and made the decision to go high out of the gate . Why…….


Their cloud project .

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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