Re: ANTMINER S5+ is available to order, 7.722TH/S 0.445J/GH

I am not defending dogie , but he said it is cheaper to buy from bitmaintech then itop.

Now itop may not like that but that was true.

http://www.itopshop.net/world-biggest-miner-antminer-s5-bitcoin-miner-77-t-3436w-p-271.html

3299 plus shipping

https://www.bitmaintech.com/productDetail.htm?pid=0002015081407532655504JMKzsM067B

2307 plus shipping

so we are talking about a big mark up here.

My question to iTop is will you reduce price or keep the markup?

id consider buying from itop since he takes paypal, but the higher price is a dealbreaker.. i can see why one would charge a slight premium to cover merchant fees but not that much

There's this thing called "profit". Google it. Grin

yeah There is and I can get one ebay at 2900 with multiple discounts and six months to pay it.

so competition will knock iTop out.

One thing to consider on ebay is fees. By the time ebay and paypal take a chunk of sales really these ebay sellers are making quite a bit less then iTop even though it looks closer at first glance.

I still think we most likely will see another batch. And I could be wrong on that. But I just think they have perfected making these chips at this point, and they can use a LOT of them in these S5+'s. I don't see them turning down profit to pay for net gen.

Then again I could be wrong and they just did one batch to deplete old stocks of chips.

*Edit iTop now shows sold out. I wonder how many they had. We will see if they were selling from all stock or selling some and ordering them bitmain. I don't see them holding a big stock.

Also iTop said they had units for their warranty I wonder how many units if any they keep for those iTop sales if they need warranty work.