ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH

[BITMAIN]

No, we did not know when we do $320 pricing. We changed the price only 20 mins after we have got the news.

I heard that the price will be even higher - can you confirm this? 

Not likely very soon. We wish that the Bitcoin exchange rate will be rise faster than ANTMINER price.

[BITMAIN]

But Bitmain....

What about the S2 upgrades?

They just laying under the shelf and waiting.....

Waiting for the final call from our R&D team which they would say "it's OK and please sell."

[ElGabo]

But Bitmain....

What about the S2 upgrades?

They just laying under the shelf and waiting.....

Waiting for the final call from our R&D team which they would say "it's OK and please sell."

Good..... 

And maybe full miners with same specs?

[pekatete]

@BITMAIN - Any insight into the pricing and specs on the upcoming S3++ ?
I have it on good authority that your factories are busy churning these out ....

The S3++ is not being produced right now.

And the hashrate/weight ratio makes it very unreasonable to sell to oversea buyers, who will have to pay shipping cost based on the weight.

So the S3++ we just find private bulk buyers to consume it. The shipping cost inside China is not that much.

Thanks for the response, but it is a touch contradictory ... though I understand the reasons for not wanting to offer it to overseas buyers. Then again, since you confirm that there is an S3++ (albeit for the Chinese market), would you consider selling to an overseas private bulk buyer? More pertinent though, some spec numbers being banded around seem too good to be true, so could you take some time to throw some light on that if you can?

[sidehack]

Would you consider selling to a bulk buyer not in China but in continental East Asia?

Additionally,

pekatete elaborated what we want to say. Bitmain's pricing is based on our projection of the future diff, which is based on the mining rig quantity which will be available on the market.

A less crappy pricing model, at least for the upperbound, is "how much does this cost to make? Let's add a bit of margin so we can keep the lights on and pay someone to design new stuff" instead of "how much does this cost to make? How much profit can we possibly wrangle from our customer base before they refuse to buy any more?" I don't have the nards to look my customers in the eyes while adding an extra 30% profit margin onto my products just because they have nowhere else to buy from. I think that's called "abuse".

[Finksy]

He probably means it's not a cost you have to worry about returning within the lifetime of the miner, as once that machine is retired the PSU is (hopefully) still fully functional for the next machine and/or maintains most of its original value for resale. The problem with Dogie's one-off replies is they're so short it's easy to overlook context and misconstrue intent, especially when you read them through cynical lenses.

When I buy gear I'd rather buy gear without built-in PSUs as I basically factor PSU as a zero cost. We have so many running around at the shop (one benefit of being a PSU hardware manufacturer/supplier) that the cost is negligible and, oftentimes with our gear, the reliability is improved.

+1

Look at the PSU issues with the S2's.  I'd rather not pay retail for a POS when I can supply something better, more efficient and for less myself.

SPT has said that they won't be putting out externally-powered miners in the future, but I hope they change their mind on that matter.

[HolgerDansk]

The S3++ is not being produced right now.

And the hashrate/weight ratio makes it very unreasonable to sell to oversea buyers, who will have to pay shipping cost based on the weight.

So the S3++ we just find private bulk buyers to consume it. The shipping cost inside China is not that much.

I am confused.  Please explain: you do not want to sell the S3++ because "it very unreasonable to sell to oversea buyers", but it is not unreasonable to increase the price by 30% all at once, just because of a change with a competitor?

Some others are in the same situation as me - I also have my own business (for 15 years now) and I cannot raise my prices, in the middle of a purchase with a customer.  I also cannot raise my prices by 30% in a single step.  I also cannot raise my prices by 30% at once, just because one of my competitors stopped competing.  If I did any of these things, my existing customers would go away.

It would be very helpful for you, to share things with your customers.  Let us know what you are planning (Dear Customer, when we come back from the Chinese New Year Holiday, new pricing will be in place).  Let us know what your plans are for products - when are you planning to release a new product?  What type of product do you expect it to be?  Let us know what your plans are for upgrades to older products (S2 upgrade).  Can you see that it appears to us, as customers, that you really don't care, when you don't communicate with us - until there is a huge upset, like you have seen here in the last day.  Now you are talking... a little bit, when people ask very specific questions.  Can you see that it feels very disrespectful to us, as customers?


Also, can you please tell us when there will be new firmware for the S5?  It is a big problem when the network goes down and the S5 keeps working on nothing and the temperature goes way higher than 80C and it still keeps going, instead of stopping.

[arorts]

"A change in competitor" = BS. The drop then rise of S5 miner price is simply because he likes to play games by speculating with bitcoin price in order to extract the most possible juice out of the miners and leave zero marginal benefit to miners because in his space he's a monopolist/oligopolist. Let's drop the bullshit once and for all.

[Xian01]

"A change in competitor" = BS. The drop then rise of S5 miner price is simply because he likes to play games by speculating with bitcoin price in order to extract the most possible juice out of the miners and leave zero marginal benefit to miners because in his space he's a monopolist/oligopolist. Let's drop the bullshit once and for all.

Agreed. I'm making a formal call of shenanigans against Bitmain.

Do not support their transparent price gouging. Additionally, I would recommend miners move off Antpool in favor of any other pool (Except EclipseMC because Fuck Butterfly Labs).

[Tigggger]

I've moaned about Bitmain's price gouging in the past (which is what it is despite all the clever words), but this time doesn't really matter.

Anyone who carefully looks at the numbers realises it would never ROI at the old price, so it's irrelevant what they charge now.

[PatSNL]

Agreed. I'm making a formal call of shenanigans against Bitmain.

Do not support their transparent price gouging. Additionally, I would recommend miners move off Antpool in favor of any other pool (Except EclipseMC because Fuck Butterfly Labs).

I agree wholeheartedly.

It's a move that clearly shows no respect to the miners.

Yup.  Move off of Antpool if you mine there.

[HolgerDansk]

"A change in competitor" = BS.

That's it exactly! 

I'm still in awe that's even part of their explanation.

[sidehack]

Speaking of BFL, the price of an S5 once you factor in shipping and PSU isn't too far off the $/TH for a new Monarch. I find that hilarious.

[philipma1957]

Speaking of BFL, the price of an S5 once you factor in shipping and PSU isn't too far off the $/TH for a new Monarch. I find that hilarious.

Bfl has sent 3 or 4 emails  to me offering a monarch for sale since march 2nd

[ThatsMe]

Bfl has sent 3 or 4 emails  to me offering a monarch for sale since march 2nd

Ha, me too. And in the email they explained that they still haven't shipped miners ordered in 2013.  Sign me up for a two year waiting list.

That was sarcastic for thoses who didn't get it.

[HerbPean]

I'm having an issue with a hosted S5. They changed my pools and i'm 100% everything is fine (Tested all the info at home) but they still show as dead pool.

Is there a kind of trick which you need to reboot the unit to make the change work ? I don't know if he only clicked save and not save and apply but still ...

thanks

[opentoe]

Hello Bitmain. Do you have any estimation on when an S6 will be available (if made), and the time frame?

Thanks

[Xian01]

Hello Bitmain. Do you have any estimation on when an S6 will be available (if made), and the time frame?

I imagine it will be made available for sale sometime in the near future at $949 ^{1 hour later price changed to} $995 ^{1 hour later price changed to} $1199 ^{1 hour later price changed to} $1299.

[soy]

I'm having an issue with a hosted S5. They changed my pools and i'm 100% everything is fine (Tested all the info at home) but they still show as dead pool.

Is there a kind of trick which you need to reboot the unit to make the change work ? I don't know if he only clicked save and not save and apply but still ...

thanks

You might try ssh'ing in,  then 'screen -r', then hit 'P' which will bring up the pools list and change the data there.  Make sure when you complete your changes to the pools you hit enter to go back to the hashing page, then hit "S" for setting, and the 'W' for write the config or next boot it will be back to what it was.

[HerbPean]

I'm having an issue with a hosted S5. They changed my pools and i'm 100% everything is fine (Tested all the info at home) but they still show as dead pool.

Is there a kind of trick which you need to reboot the unit to make the change work ? I don't know if he only clicked save and not save and apply but still ...

thanks

You might try ssh'ing in,  then 'screen -r', then hit 'P' which will bring up the pools list and change the data there.  Make sure when you complete your changes to the pools you hit enter to go back to the hashing page, then hit "S" for setting, and the 'W' for write the config or next boot it will be back to what it was.

The info are correctly change (as i can see in some form of UI provided by the hosting service).

The question is, why would the pool stay as dead ? I guess the unit just need a reboot (or just a cgminer reboot)

I have no idea how he changes the pool setup, but he did it correctly. It just that the pool stay f***** dead.

thanks for the help ;-)