Post
Topic
Board Hardware
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
by
philipma1957
on 16/07/2016, 23:13:51 UTC
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.

okay  so lets look at this above.

yes on the surface breakeven is in a year.  with   A  .067cent power rate and a  flat like  diff rate  of 2%

but many of us will use the heat   ..  I will use heat from them  in NOV- MARCH that is about 500 usd in heating saved.

IF they hold value better then the s-7 more like the s-5 I can sell them at 700 next July.

so the breakeven becomes +1200 and for a 1900 investment  3100 a year later is not so bad at all.

be negative and say you get 400 back on resale  so 1900 back for mining + 500 back for heat + 400 back  resale  means 1900 becomes 2800

So if you have the correct power  and setup   1900 looks pretty good.



What kind of software is this?  Is thin interface software?

that software in my screen shot comes from bitcoinwisdom.com

here it is. 

I used 2% diff jumps
with coin price at 650
 pool fee of 1%
 power at .067
blocks of 12.95  since kano.is is paying about that each block
https://bitcoinwisdom.com/bitcoin/calculator