Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH

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.

Quote from: Xian01 on November 04, 2015, 10:52:35 PM

Quote from: Xian01 on November 04, 2015, 06:55:26 PM

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*

Quote from: Xian01 on October 03, 2015, 05:36:13 PM

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.

Quote from: Xian01 on August 30, 2015, 01:16:27 PM

Quote from: praeluceo on August 30, 2015, 01:09:16 PM

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.

Thanks for sharing. I love mining and will continue to do it. But you do show a track record of pretty good investment's which I applaud you for.

Are there any losers you have not shown? It seems like you could have not been right 100 percent of time?

It has been such a rat race I've pretty much gave up on keeping exact track on my balances. More or less a hobby, but having lots of buys like this has been nice. I bought my first Bitcoins for under $20 when there weren't any public facing sites out there. I still visit the deep web. Way before kiddy sites like Coinbase ever existed. I may sell 5 or 6 perfectly running S5's, but I'm pretty cheap these days. I'd want a favorable offer. I'd even throw in a couple ATX power supplies. I thought there would be a buy/sell area in the mining area but can't seem to find it.