Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
So, I take it the price of S9 hasnt been corrected for halving yet? ... looks outrageously overpriced...
these new batches released after halving are still insanely priced way too high
+1 here too, I am just sat waiting to buy at the moment.
Even with a low, nearly flat 2% network growth per interval it would take just over a year to ROI these things with fairly priced electricity ($0.67/kWh).
That's if they don't brick. If pool luck is steady. If network growth acts predictable. If you have 100% uptime on both Internet and power...
All that risk and your reward? Break even. This is a hobbyist's game now. Bitmain has discovered that there will always be people willing to pay more than these will ever return.
Ok I agree there is some risk. But I'm looking to grow my bitcoins. If you are only thinking in terms of fiat then yea I guess your pushing it. But I've got winter mining that is 5 months and many other factors that will contribute to my my success on this purchase. To each their own. It is a decentralized business everyone free to make their own decisions without being ridiculed. Sorry if I have offended anyone with trying to put my views on others. That's what Bitcoin is all about. Having your own voice IMO. Anyway good luck to all let's hope for a flat or declining diff for a bit.
Best regards
D57heinz