Post
Topic
Board Hardware
Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH
by
Xian01
on 17/01/2016, 17:58:09 UTC
I believe that it was Xian01 who instead of buying a S7 bought BTC with fiat for the amount that the S7 cost when it first came out.  I think he's probably pretty happy about his choice now but I could be wrong since the price had dropped a bit.
I think it was the other way around. He bought BTC at the yearly highs of around $475 on Coinbase instead of buying an S7. There is a photo of his transaction somewhere on this thread. So its shows how doing either can go either way.
I think you might be right.  I didn't spend too much time trying to find that post and I couldn't recall BTC prices around that time.  I guess we'd have to compare his BTC vs the amount of profit mined from the batch 1 S7 plus the potential resale value of the S7.

Interesting price adjustment from Bitmain.
Decided to do this again instead of buying an S7

Good luck everyone.
Boy did I pick a bad day to buy or what ? *sighs*

Had another urge to buy a miner. A Batch 3 S7.
Decided to do this again, instead.

PACMiC v4 looks to be a loser.
Good luck everyone.

And the buy button just went live, despite the large expense, I wonder how long until they sell out of batch #1?
Good luck to everyone buying these ! Looks like some great gear, but this time around, instead of buying a fancy new miner, I did the following and will HODL.

Lets see which will be the better investment 9 months down the road.